ACSYS INC
8-K, 1999-09-08
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<PAGE>

                      SECURITIES AND EXCHANGE COMMISSION

                             Washington, DC  20549
                                  __________

                                   FORM 8-K

                                CURRENT REPORT
                    PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934
                                   _________

     Date of Report (Date of earliest event reported):  September 8, 1999


                                  ACSYS, INC.
- -------------------------------------------------------------------------------
              (Exact Name of Registrant as Specified in Charter)


          Georgia                     000-23711                58-2299173
- ----------------------------  ----------------------------  -------------------
(State or Other Jurisdiction     (Commission File Number)     (I.R.S. Employer
of Incorporation)                                            Identification No.)


                                75 14th Street
                                  Suite 2200
                            Atlanta, Georgia 30309
          (Address of Principal Executive Offices including Zip Code)



     Registrant's telephone number, including area code:    (404) 817-9440



                                      N/A
- -------------------------------------------------------------------------------
         (Former Name or Former Address, if Changed Since Last Report)
<PAGE>

                  Other Events.

     On September 7, 1999, the Common Stock, no par value per share, of Acsys,
Inc. (the "Company") began trading on the American Stock Exchange ("AMEX") under
the ticker symbol AYS.  The Common Stock of the Company previously traded on the
Nasdaq National Market under the ticker symbol ACSY.

     Copies of the press releases announcing the move to the AMEX are attached
hereto as Exhibit 99.1 and Exhibit 99.2 and are incorporated by reference
herein.

Item 7.     Exhibits.

       (c)  Exhibits.

No.    Description
- ---    -----------
99.1   Press Release dated August 31, 1999.
99.2   Press Release dated September 7, 1999.

                                    Page 2
                        Exhibit Index Appears on Page 4
<PAGE>

                                  Signatures


          Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                              Acsys, Inc.


                                              By: /s/ Timothy Mann Jr.
                                                -----------------------------
                                                      Timothy Mann, Jr.
                                                      Chief Executive Officer

Dated:  September 8, 1999
      ---------------------

                                    Page 3
                        Exhibit Index Appears on Page 4
<PAGE>

                                 Exhibit Index



Exhibit
Number                                                                     Page
- -------                                                                    ----
99.1        Press Release dated August 31, 1999..........................     5
99.2        Press Release dated September 7, 1999........................     6

                                    Page 4
                        Exhibit Index Appears on Page 4

<PAGE>

                                 EXHIBIT 99.1



Contact:    Timothy Mann, Jr.                      For Immediate Release
                                                   ---------------------
            Chief Executive Officer
            Acsys, Inc.
            (404) 817-9440 Ext. 3320

            Brady W. Mullinax, Jr.
            Chief Financial Officer
            Acsys, Inc.
            (404) 817-9440 Ext. 3312

           ACSYS, INC. ANNOUNCES MOVE TO THE AMERICAN STOCK EXCHANGE
                               UNDER SYMBOL AYS

ATLANTA (August 31, 1999) - Acsys, Inc. (Nasdaq/NM:ACSY), a leading provider of
specialty professional staffing services, today announced that its Common Stock
has been accepted for listing on the American Stock Exchange.  It is anticipated
that the Company's Common Stock will begin trading on the American Stock
Exchange under the symbol AYS on September 7, 1999.  The last trading day for
Acsys' Common Stock on the Nasdaq National Market will be September 3, 1999.

          Timothy Mann, Jr., Acsys' Chief Executive Officer said, "We are
transitioning our stock listing to the American Stock Exchange in an
administrative move to accommodate the Nasdaq National Market's minimum bid
requirement.  We look forward to our stock trading on the AMEX and providing
continued liquidity for our shareholders.  The change will not result in any
interruption in the trading in our stock as the transition should be seamless
for our shareholders.  We look forward to developing a great relationship with
AMEX."

          Acsys, Inc. is one of the leading specialty professional staffing
firms in the U.S.  Acsys currently operates over 40 offices, serving
metropolitan markets across the United States with a more significant presence
in the Eastern and Midwestern United States.

          Information contained in this press release, other than historical
information, should be considered forward-looking in nature and is subject to
various risks, uncertainties and assumptions.  Should one or more of these risks
or uncertainties materialize, or should underlying assumptions prove incorrect,
actual results may vary materially from those anticipated, estimated or
expected.  Among the key factors that may have a direct bearing on the operating
results, performance or financial condition are the Company's ability to achieve
and manage growth; the Company's ability to successfully identify suitable
acquisition candidates, complete acquisitions or integrate the acquired
businesses into its operations; the Company's ability to attract and retain
qualified personnel; the Company's ability to develop new services; conditions
in the specialty professional staffing industry; general economic conditions and
other factors discussed from time to time in Acsys' filings with the Securities
and Exchange Commission.

                                     -END-

                                    Page 5
                        Exhibit Index Appears on Page 4

<PAGE>

                                 EXHIBIT 99.2



Contact:    Timothy Mann, Jr.                  For Immediate Release
                                               ---------------------
            Chief Executive Officer
            Acsys, Inc.
            (404) 817-9440 Ext. 3320

            Brady W. Mullinax, Jr.
            Chief Financial Officer
            Acsys, Inc.
            (404) 817-9440 Ext. 3312


             ACSYS, INC. ANNOUNCES TRADING ON THE AMERICAN STOCK
                           EXCHANGE UNDER SYMBOL AYS

ATLANTA (September 7, 1999) - Acsys, Inc. (AMEX: AYS), a leading provider of
specialty professional staffing services, announced that its Chairman, David C.
Cooper today rang the opening bell for the American Stock Exchange (AMEX) to
celebrate the Company's first day of trading on the AMEX.

          Mr. Cooper reiterated previous comments of Acsys' Chief Executive
Officer, Timothy Mann, Jr., "We look forward to our stock trading on the AMEX
and to developing a great relationship with AMEX."

          Acsys, Inc. is one of the leading specialty professional staffing
firms in the U.S.  Acsys currently operates over 40 offices, serving
metropolitan markets across the United States with a more significant presence
in the Eastern and Midwestern United States.

          Information contained in this press release, other than historical
information, should be considered forward-looking in nature and is subject to
various risks, uncertainties and assumptions.  Should one or more of these risks
or uncertainties materialize, or should underlying assumptions prove incorrect,
actual results may vary materially from those anticipated, estimated or
expected.  Among the key factors that may have a direct bearing on the operating
results, performance or financial condition are the Company's ability to achieve
and manage growth; the Company's ability to successfully identify suitable
acquisition candidates, complete acquisitions or integrate the acquired business
into its operations; the Company's ability to attract and retain qualified
personnel; the Company's ability to develop new services; conditions in the
specialty professional staffing industry; general economic conditions and other
factors discussed from time to time in Acsys' filings with the Securities and
Exchange Commission.

                                     -END-


                                    Page 6
                        Exhibit Index Appears on Page 4


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