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
July 17, 1997
Date of Report (Date of earliest event reported)
CALIFORNIA MICROWAVE, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-7428 94-1668412
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
555 Twin Dolphin Drive, Redwood City, California 94065
(Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area code): 415/596-9000
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Item 5. Other Events.
On July 17, 1997, California Microwave, Inc. (the
"Company") issued the press release attached as Exhibit 99.1
hereto announcing that its board of directors had appointed
Frederick D. Lawrence to the positions of chairman of the board,
chief executive officer and president.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
99.1 Press Release of California Microwave, Inc. dated
July 17, 1997.
SIGNATURE
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.
CALIFORNIA MICROWAVE, INC.
(Registrant)
By: /s/ George L. Spillane
_____________________________
Name: George L. Spillane
Title: Vice President,
Chief Financial Officer
Dated: July 17, 1997
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EXHIBIT INDEX
Exhibit No. Description of Exhibit
99.1 Press Release of California
Microwave, Inc. dated July 17, 1997
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CALIFORNIA MICROWAVE California Microwave, Inc.
555 Twin Dolphin Drive
Redwood City, CA 94065 USA
(415) 596-9000 Fax: (415) 596-6600
____________________________________
PRESS RELEASE
FOR IMMEDIATE RELEASE
Thursday, July 17, 1997
For Further Information Contact:
Stephanie M. Day Investor Information Line: Deborah Passik
Vice President- (Toll-free) 1-888-225-6789 William Dunk
Corporate Communications http://www.calmike.com Partners, Inc.
(415) 596-6629 (919)929-4100
CALIFORNIA MICROWAVE APPOINTS
FREDERICK LAWRENCE CHAIRMAN, CEO AND PRESIDENT
REDWOOD CITY, CALIFORNIA - CALIFORNIA MICROWAVE, INC. (Nasdaq
National Market:CMIC) announced today that its board of directors
had appointed Frederick D. Lawrence, 49, to the positions of
chairman of the board, chief executive officer and president.
Telecommunications Experience at ComStream, ADC, Sprint and AT&T
Lawrence joins California Microwave from ComStream Inc., where he
was chief executive officer. ComStream is an international
supplier of satellite communications networks and products,
wholly owned by Spar Aerospace Limited of Canady. Prior to
joining Comstream, Lawrence served from 1994-1996 as president,
Transmission Group for ADC Telecommunications, which included
five independent business units producing products for high speed
video, voice, data and wireless communications. From 1982-1994
he held executive positions in network operations and engineering
at Sprint Corporation and its operating companies dealing in
local telephone, cellular and long distance. Lawrence also held
senior management positions at AT&T from 1970-1982. He holds a
BSEE from Western Michigan University.
General Al Gray, who held the position of chairman during the
search for a new chairman and chief executive officer, said,
"With Fred's operating experience and strategic thinking, we will
move forward with alacrity. The CEO search has been a top
priority for the board and we have found a strong leader in Fred
Lawrence." General Gray, who joined the board in 1993 and was
appointed chairman in March 1997, remains a member of the board.
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Lawrence indicated that California Microwave's leadership
position in microwave technology and potential for enhanced
profitability were key elements that attracted him to the
company: "California Microwave's decision to focus on its
winners in order to improve performance is the right direction
for the company. As a former competitor, I am well aware of the
formidable strengths that California Microwave brings to the
marketplace. We will leverage those strengths and make
performance our top priority, with resumption of long-term growth
a close second."
Focus on Wireless Radio-based Data Communications
In December 1996, California Microwave initiated a business
review that culminated in the June 1997 announcement that it was
divesting two of its eight divisions. The company has decided to
focus on maintaining and expanding product areas where it enjoys
leading market positions in its satellite, terrestrial data radio
and other wireless businesses.
California Microwave, Inc. is a leading U.S. supplier of
satellite earth station and microwave radio products, installed
in more than 110 countries.
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