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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (date of earliest event reported):
October 19, 1999
CAPROCK COMMUNICATIONS CORP.
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(Exact name of registrant as specified in its charter)
Texas 0-24581 75-2765572
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(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
15601 DALLAS PARKWAY, SUITE 700
DALLAS, TEXAS 75248
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(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code (972) 982-9500
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N/A
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
See Exhibit 20.1 to this Form 8-K.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS
(c) Exhibit.
20.1 Press Release, dated October 19, 1999.
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 thereunto duly authorized.
CAPROCK COMMUNICATIONS CORP.
October 19, 1999 By: /s/ Kevin W. McAleer
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Kevin W. McAleer
Chief Financial Officer
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EXHIBIT INDEX
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Exhibit No. Description
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20.1 Press Release, dated October 19, 1999.
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EXHIBIT 20.1
[CAPROCK LOGO]
NEWS RELEASE
CONTACT:
Andrew Roberts Kendra Rasmussen
CapRock M/C/C
(972) 982-9550 (972) 480-8383
[email protected] [email protected]
CAPROCK COMMUNICATIONS NAMES LEO J. CYR PRESIDENT
AND CHIEF OPERATING OFFICER
Former MCI WorldCom executive brings 15 years of telecom experience
DALLAS - OCT. 19, 1999 - CapRock Communications Corp. (Nasdaq: CPRK) today
announced that Leo J. Cyr has been named President and Chief Operating Officer
and nominated to fill a vacant seat on its Board of Directors.
Most recently, Cyr was senior vice president of MCI WorldCom's intelligent
network architecture and development organization. Cyr's responsibilities
included designing and maintaining intelligent network systems for voice and
data products supporting MCI WorldCom's domestic and international business
units and all international ventures.
Cyr spent 13 years with MCI in various operational positions, which included
Senior Vice President - Engineering, Vice President - Wireless Communications
Engineering, Vice President - Local Enterprises and Director of Network
Operations. Additionally, in between employment periods at MCI WorldCom, Cyr
was President, CEO and Co-Founder of Unisite, Inc., a successful start-up
company managing wireless sites supporting multiple wireless operators.
Prior to joining MCI WorldCom, Cyr spent five years in the U.S. Army in the
elite Airborne Battalion, and worked with Peat, Marwick Mitchell & Co. as a
management consultant. Cyr holds an engineering degree from the U.S. Military
Academy.
(more)
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ADD
CapRock/Leo Cyr
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"Leo's enormous experience in building and operating rapidly growing voice and
data networks will be of tremendous benefit to CapRock," said Jere Thompson,
Jr., Chairman and CEO of CapRock. "His success in managing all advanced
technology efforts at MCI is indicative of his telecommunications knowledge and
leadership skills. He has been a leader since West Point, in the U.S. Army, and
in fast growth cultures at MCI and Unisite. CapRock's people and our
shareholders will benefit from his incredible skill set."
ABOUT CAPROCK
CapRock is a southwestern U.S. facilities-based integrated communications
provider (ICP) offering local, long-distance, Internet, data and private line
services to business customers. The company also provides switched and dedicated
access, regional and international long-distance, private lines and dark fiber
to carrier customers. The company is building a 6,100-mile fiber network as well
as voice and data networks in six Southwestern states. For more information,
visit CapRock's web site at http://www.caprock.com.
Statements contained in this news release regarding expected financial results
and other planned events are forward-looking statements, subject to
uncertainties and risks. Among many factors that could cause actual results to
differ materially from those expected include, but are not limited to, the
following: the substantial indebtedness of the Company including the interest
charges associated therewith and the financial covenants imposed upon the
Company by such indebtedness; the Company's ability to successfully, timely and
cost-effectively fund and complete its planned growth, including its fiber
network; and, competition in the various segments of the communications industry
in which the Company seeks to participate. For an expanded discussion on these
and additional risks associated with CapRock's business, please see the
documents filed by CapRock Communication Corp. with the U.S. Securities and
Exchange Commission.
