<PAGE>
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)
September 16, 1997
CAMELOT CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Colorado 0-8299 84-0691531
(State of (Commission (IRS Employer
Incorporation) File Number) Identification
No.)
CAMELOT PLACE 17770 Preston Road, Dallas, Texas 75252
(Address of Principal Executive Offices)
Registrant's telephone number, including area code: (972) 733-3005
<PAGE>
Item 5. Other Events.
Registrant has begun meetings and negotiations with a majority of
the top ten OEM manufacturers for licensing its VideoTalk
product. A news release is attached as an exhibit.
Item 9. Sales of Equity Securities Pursuant to Regulation S.
On September 16, 1997 Registrant sold 100,000 Common shares for a
total of $100,000 before selling expenses in reliance on
Regulation S to an overseas non-affiliated institutional
investor.
Exhibits
1. News Release dated September 24, 1997.
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.
CAMELOT CORPORATION
BY: /s/ Jeanette Fitzgerald
Jeanette Fitzgerald
Date: September 27,1997 Vice President
<PAGE>
Exhibit 1
<PAGE>
FOR IMMEDIATE RELEASE
CAMELOT ANNOUNCES VIDEOTALK NEGOTIATIONS
Dallas, TX, September 24, 1997 --- Camelot Corporation (NASDAQ
Symbol CAML) announces that it has arranged a series of one-to-
one demonstrations over the next two months with a majority of
the world's "top ten" PC manufacturers to demonstrate its
VideoTalk Internet videoconferencing technology. The Company is
in negotiations to license VideoTalk to Original Equipment
Manufacturers for inclusion in their 1998 platforms.
VideoTalk is a complete hardware and software system which, when
connected to a multimedia PC, enables full-duplex
videoconferencing over the Internet and over local and wide area
networks. It uses a PCI plug-and-play add-in card that provides
high quality audio and video while achieving extremely low
processor load. VideoTalk does not require a soundcard or a
video capture card, and allows communication over the Internet
with only a 28.8 kbps modem. The unit includes the VideoTalk add-
in card, a NTSC color video camera, a special version of the
Proficia telephony handset, and both the VideoTalk and DigiPhone
2.0 software. DigiPhone 2.0 is the next generation of Internet
telephony software enabling the user to speak with other Internet
telephony software. Proficia is a audio handset which connects
to a multimedia PC, eliminating the need for a headset,
microphone or speakers.
Camelot Corporation is a holding company with interests in
technology and telecommunications.
For information contact:
Investor Relations
at (972) 733-3005
e-mail: [email protected]
Proficia, DigiPhone, and VideoTalk are all trademarks of Camelot
or its subsidiaries. All other product names are trademarks of
their respective companies. Except for the historical
information contained herein, the matters discussed in this news
release are forward looking statements that are subject to
certain risks and uncertainties that could cause actual results
to differ materially from those set forth, including but not
limited to, the impact of global regulation and competition,
Camelot's dependence upon the continued ability to create and/or
acquire products that customers will accept; the impact of
competition and the changing competitors; the changing nature of
regulations and the manner in which they are interpreted;
dependence on distributors and pricing pressures in addition to
normal economic and world factors beyond the control of the
Company.
###
