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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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): July 16, 1999
Commission File No. 0-24833
FUTURELINK DISTRIBUTION CORP.
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(Exact Name of Registrant as Specified in Its Charter)
Colorado 95-3895211
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(State or Other Jurisdiction of (I.R.S. Employer Identification No.)
Incorporation or Organization)
300, 250 - 6th Avenue S.W., Calgary, Alberta CANADA T2P 3H7
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(Address of principal executive offices) (ZIP Code)
(403) 216-6000
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(Registrant's Telephone Number, Including Area Code)
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS
On July 16, 1999, the Registrant's board of directors accepted the
resignation of Donald A. Bialik as a director and officer. Mr. Bialik's
resignation as Vice-Chairman of the Registrant was effective June 30, 1999,
while his resignation as a director was effective July 15, 1999. In his stated
reasons for resigning, Mr. Bialik expressed well considered personal reasons for
his decision. Mr. Bialik made no reference to any disagreement with the
Registrant on any matter relating to the Registrant's operations, policies or
practices and the Registrant is not aware of any such disagreements. A copy of
Mr. Bialik's letter of resignation which was sent to the Registrant's Executive
Chairman is attached as an Exhibit hereto.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Exhibits:
17 Letter of Resignation of Donald A. Bialik dated July 15, 1999
99 News Release of the Registrant dated July 20, 1999
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
FUTURELINK DISTRIBUTION CORP.
By: [signed: P. Ladouceur] Date: July 20, 1999
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Philip R. Ladouceur, Executive Chairman
By: [signed: C. Chell] Date: July 20, 1999
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Cameron B. Chell, Chief Executive Officer
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EXHIBIT INDEX
Exhibit No. Page
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17 Letter of Resignation of Donald A. Bialik dated July 15, 1999 4
99 News Release of the Registrant dated July 20, 1999 5
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EXHIBIT 17
DONALD A. BIALIK
3911 CRESTVIEW ROAD S.W.
CALGARY, ALBERTA T2T 2L5
July 15, 1999
Philip Ladouceur
Executive Chairman
FUTURELINK DISTRIBUTION CORP.
Suite 300, 250 - 6th Avenue SW
Calgary Alberta T2P 3H7
Dear Phil:
As discussed and agreed, I hereby resign as a member of the Board of Directors
of FutureLink Distribution Corp., including any and all subsidiaries and
affiliate companies thereof, effective immediately. I also tender my formal
resignation as Vice-Chairman of the FutureLink companies effective June 30,
1999.
I have enjoyed working with you and the other members of FutureLink's
management, but, for well considered personal reasons, will not be able to
continue in my capacity as an officer and director of the company.
Please let me know if there is anything further I can do for you or the
company.
Yours truly,
[signed: Don Bialik]
Don Bialik
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EXHIBIT 99
FUTURELINK BOARD SETS SEPTEMBER 23 FOR ANNUAL AND SPECIAL MEETING
IRVINE, CALIF., JULY 20, 1999 - FutureLink Distribution Corp. (NASD:OTC:BB:
FLNK) is pleased to announce that its Board of Directors have completed their
Quarterly Meeting of Directors and have set September 23, 1999 as the date for
an Annual and Special Meeting of Shareholders to be held in Irvine, California.
Shareholders of record at the close of trading on August 16, 1999 shall be
entitled to notice of this meeting. The main purpose of the meeting shall be to
approve the acquisition of Executive LAN Management, Inc., dba Micro Visions.
Another item on the agenda was the acceptance of the resignation of Donald A.
Bialik as a director and officer of the company. Mr. Bialik expressed "well
considered personal reasons" for his departure and his fellow directors accepted
his resignation.
"We wish Don Bialik the best. He played an important role in shaping FutureLink
from the time of the SysGold acquisition in August 1998 through the spring of
1999 and we were fortunate to have someone with his IT credentials on our
management team," said FutureLink's Executive Chairman, Philip Ladouceur.
ABOUT FUTURELINK
FutureLink is a founder of the Application Services Provider (ASP) industry.
According to Forrester Research Inc., the application outsourcing market is
projected to reach $20 billion by 2001. FutureLink provides small and mid-sized
businesses (10-1,000 employees) with off-site, Internet-based computing,
allowing subscribers to minimize hardware/software upgrade cycles, precisely
control total cost of technology ownership and focus on their core businesses.
FutureLink's expertise in application hosting on a monthly subscription basis,
outsourcing and facility management, and business practices consulting enables
the company to offer an all-inclusive, trouble-free service at a predictable
price. FutureLink, "The Computer Utility Company," offers computer and
information service as transparently and reliably as today's utilities deliver
electricity, water and telephone services.
For more information, contact FutureLink toll-free at (877) 216-6001; e-mail:
[email protected]; or visit the FutureLink Web site at
http://www.futurelink.net.
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Forward-looking statements and comments in this news release are made pursuant
to safe harbor provisions of the Securities Exchange Act of 1934. Such
statements relating to, among other things, the prospects for the companies to
complete the transaction and enhance operating results, are necessary subject to
risks and uncertainties, some of which are significant in scope and nature.
These risks may be further discussed in periodic reports and registration
statements to be filed by the company from time to time with the Securities and
Exchange Commission in the future.
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