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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
April 20, 2000
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Date of Report (Date of Earliest event reported):
Envision Development Corporation (f/k/a perfumania.com, inc.)
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(Exact name of registrant as specified in its charter)
Florida 001-15311 65-0981457
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State of Commission File IRS Employer
Incorporation Number Identification No.
4 Mount Royal Avenue, Marlboro, MA 01752
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Address of principal executive offices
Registrant's telephone number, including area code (508) 481-8303
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perfumania.com, inc., 11701 N.W. 101st Road, Miami, FL 33178
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(Former name or former address, if changed since last report)
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Item 5. Other Events
Mr. William Patch was named the Chairman and Chief Executive Officer of
Envision Development Corporation ("Envision") at the meeting of the Board of
Directors on April 20, 2000. Prior to the promotion, Mr. Patch was the President
and Chief Operating Officer of Envision. As Chairman and CEO, Mr. Patch will be
responsible for the successful execution of Envision's business plans and
strategies. Mr. Patch has more than 27 years of management experience in the
information technology industry, including senior management positions with Bell
Atlantic Business Systems Services/Sorbus Inc., and consulting relationships
with various Fortune 500 companies.
Item 6. Resignation of Director.
At the meeting of the Board of Directors of Envision held on
April 20, 2000, Mr. Garrick Hileman, who has been a director of Envision
since January 2000, announced that he was resigning as a director, effective
immediately. Mr. Hileman expressed no disagreement with any policy of Envision
or the Board of Directors and submitted no objection, written or otherwise, to
any action of the Board or of Envision. He regrettably submitted his
resignation, stating his lack of time due to other business commitments which
make it impossible for him to continue acting as a director. Mr. Hileman is the
vice president of business development at ZERO.NET, Inc. ("ZERO.NET"), a leading
edge technology CORTAL SM (corporate portal) enterprise with investments in over
25 Business-to-Business Internet companies worldwide. ZERO.NET's, Internet
investments encompass cutting-edge software tools, innovative technologies and
dynamic infrastructure. Mr. Garrick also serves on the Board of Directors of
Take to Auction, Inc., a privately-held web-based community of entrepreneurs and
a ZERO.NET portfolio company.
Subsequent to Mr. Hileman's announcement, Mr. Jake Weinstock was
appointed as a director. Mr. Weinstock is the chief executive officer of
ZERO.NET.
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Item 7. Exhibits.
Exhibit No. Description
99.1 Press Release, re: Appointment of William Patch as
Chairman and Chief Executive Officer, dated
April 24, 2000.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the Company has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized this 27th day of April, 2000.
ENVISION DEVELOPMENT CORPORATION
By: /s/ Michael E. Amideo
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Michael E. Amideo
Chief Financial Officer and Secretary
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Exhibit 99.1
MONDAY, APRIL 24, 6:59 A.M. EASTERN TIME
COMPANY PRESS RELEASE
SOURCE: ENVISION DEVELOPMENT CORPORATION
ENVISION DEVELOPMENT CORPORATION NAMES WILLIAM J. PATCH AS CHAIRMAN AND CEO
MARLBORO, Mass., April 24 -- Envision Development Corporation (AMEX: EDV -
News), the emerging leader in web-centric transactive technologies, today
announced the promotion and appointment of William J. (Bill) Patch to chairman
of the board and chief executive officer from president and chief operating
officer.
Today's announcement positions the company to accelerate its rapid growth and
expansion into emerging markets for transactive technology applications and
solutions. As chairman and CEO, Patch will be responsible for the successful
execution of the company's business plans and strategies.
Patch has more than 27 years of management experience in the information
technology industry, including senior management positions with Bell Atlantic
Business Systems Services/Sorbus Inc., and consulting relationships with Fortune
500 companies ranging from IBM to Kodak.
"Bill has the perfect set of leadership skills and the right amount of
experience to guide Envision towards future success and continued growth," said
Jake Weinstock, chief executive officer of ZERO.NET. "As a long-term partner
with Envision, ZERO.NET is confident that Bill and his team are the right people
to make Envision the leading solutions provider for companies looking to
establish or maintain a presence on the Internet."
"This opportunity is the result of the outstanding work and achievement produced
by all the Envision Development companies, our employees, and the executive
team," Patch said. "I look forward to the challenge of helping drive Envision
forward as we deliver exciting transformational eBusiness solutions to our
various clients."
Prior to joining Envision in January 2000, Patch was the founder and president
of VP Incorporated where he developed and managed global enterprise network
programs, professional services, logistics, acquisitions, sales, and strategic
planning for clients including Compaq, Dell, IBM, Kodak, SonicAir/UPS, and
dozens of smaller entrepreneurial companies.
Previously he was vice president, marketing and sales, for Bell Atlantic
Business Systems Services/Sorbus Inc., a leading independent IT services
organization. Patch has authored numerous articles published in trade and
industry publications, been the featured speaker at industry conferences,
lectured at Villanova University, and taught management at Immaculata College. A
graduate of Brown University, Patch also holds a master's degree in human
relations and training from American International College.
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Envision Development Corporation is a rapidly growing leader in providing
web-centric transactive technologies through breakthrough applications
development and end-to-end eBusiness solutions.
This press release contains forward-looking statements that involve risks and
uncertainties that could cause actual results to differ materially from those
set forth in the forward-looking statements. Such risks and uncertainties are
described in the company's filings with the SEC, including its Registration
Statement on Form S-1.
