SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Commission File No.: 0-9503
CURRENT REPORT
APRIL 1, 1997
Date of Report (Date of Earliest Event Reported)
DIGITAL PRODUCTS CORPORATION
Florida 59-1141879 (State
of Other Juris- (IRS Employer Iden-
diction of Incorporation) tification Number)
1498 Northwest 3rd Street, Deerfield Beach, Florida 33442
(Address of Principal Executive Offices) (Zip Code)
(954) 296-9600
(Registrant's Telephone Number
Including Area Code)
(Former Name or Former Address, if
Changed Since Last Report)
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ITEM 3. BANKRUPTCY OR RECEIVERSHIP
On April 3, 1997, the Company filed a voluntary petition under Chapter 11
of the U.S. Bankruptcy Act in the U.S. District Court for the Southern
District of Florida. The Company filed for protection from creditors and for
reorganization upon its determination that all other feasible alternatives had
been eliminated. The Company anticipates continuation of its day-to-day
business under the protection of the Bankruptcy Court as Debtor-In-Possession
and is optimistic that it will emerge from reorganization relatively quickly
and strengthened. The Company's petition was assigned Case No. 97-21987
before The Honorable Raymond B. Ray.
ITEM 5. OTHER INFORMATION
On April 1, 1997, Mr. Leo Carson resigned as President of the Company for
the purpose of pursuing another opportunity. Mr. Carson has not furnished the
Registrant with any indication of disagreement with the Registrant on any
matter relating to the Registrant's operations, policies or practices. The
Company is informed by Mr. Carson that there is no such disagreement and that
he extends his best wishes to the Company and its shareholders for the
future. Following acceptance of Mr. Carson's resignation, the Company's
director, Mr. Richard Angulo, was reappointed the Company's President and
Chief Executive Officer. Mr. Angulo assumed those duties immediately.
<PAGE>SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
DIGITAL PRODUCT CORPORATION
April 7, 1997 BY:/s/Richard A. Angulo
Richard A. Angulo, President
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