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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): May 17, 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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(Regisrant'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
Effective May 17, 1999, the Registrant's board of directors appointed
Timothy P. Flynn as an additional director in accordance with the Registrant's
by-laws, etc. Mr. Flynn is currently a non-management director of MGC
Communications Inc. (NASD: MGCX) and was formerly a director of ValuJet Airlines
from that company's founding through November, 1997.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a.) Exhibits
99 News Release of the Registrant dated May 18, 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: C. Chell] Date: May 18, 1999
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Cameron Chell, Chief Executive Officer
By: [signed: R. Kilambi] Date: May 18, 1999
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Raghu Kilambi, Chief Financial Officer
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EXHIBIT INDEX
Exhibit No. Page
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99 News Release of the Registrant dated May 18, 1999 4
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EXHIBIT 99
TIMOTHY P. FLYNN JOINS FUTURELINK BOARD
CALGARY, ALBERTA, MAY 18, 1999 - FutureLink Distribution Corp. (NASD:OTC:BB:
FLNK) is pleased to announce that Timothy P. Flynn has agreed to join
FutureLink's Board effective May 17, 1999 as an additional independent director.
Flynn, 48, is currently a director of MGC Communications Inc. (NASD:MGCX) and
was formerly a director of ValuJet Airlines from that company's founding in
1992 through November, 1997. Prior to ValuJet, Flynn co-founded WestAir
Holdings, Inc. in 1982, which operated WestAir, a California based commuter
airline partnered with United Airlines (United Express). During Flynn's nearly
10 years with WestAir, the company grew to a 90 aircraft operation serving 28
states and $250 million in annual revenues.
"I am very excited about FutureLink and the possibilities for the growing ASP
(Application Service Provider) sector," said Flynn. "I have been active in the
management of other early stage growth companies and I look forward to
contributing to FutureLink."
"We are very happy that Tim Flynn has accepted our offer to join the Board,"
said FutureLink's Chairman, President and CEO, Cameron Chell. "Tim has been
involved with other companies moving from initial founding to growth phase to
maturity and I know that his experience in management and as an independent
director will benefit FutureLink."
ABOUT FUTURELINK
Based in Calgary, Alberta, FutureLink is a founder of the Application Services
Provider (ASP) industry. According to Forrester Research Inc., this industry
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 escape 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 company to
complete transactions and enhance operating results, are necessarily 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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