<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): March 25, 1996
ANALYSIS & TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)
<TABLE>
<S> <C> <C>
Connecticut 0-14161 95-2579365
(State or other jurisdiction of (Commission File Number) (IRS Employer Identification No.)
incorporation)
</TABLE>
Route 2, P.O. Box 220, North Stonington, CT 06359
(Address of principal executive offices and zip code)
Registrant's telephone number, including area code: (203) 599-3910
N/A
(Former name or former address, if changed since last report)
<PAGE> 2
Item 5. Other Events.
Pursuant to General Instruction F to Form 8-K, the information
requested by this Item is provided in the press release issued by the Company on
March 25, 1996, incorporated by reference herein and included as Exhibit 20 to
this Form 8-K.
Item 7. Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits.
Exhibit No. Document
----------- --------
20 Press Release of the Company
dated March 25, 1996
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Company has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ANALYSIS & TECHNOLOGY, INC.
Date: April 3, 1996 By: /s/ David M. Nolf
-------------------------
David M. Nolf
Executive Vice President
<PAGE> 3
EXHIBIT INDEX
Exhibit No. Document
- ----------- --------
20 Press Release of Company dated
March 25, 1996
<PAGE> 1
[ANALYSIS & TECHNOLOGY, INC. LETTERHEAD]
For Further Information:
Elaine Beckwith
FOR IMMEDIATE RELEASE 860-599-3910, ext. 2630
E-Mail: [email protected]
World Wide Web: http://www.aati.com
ANALYSIS & TECHNOLOGY, INC. AUTHORIZES BUY-BACK
OF UP TO 200,000, OR 8%, OF ITS COMMON SHARES
NORTH STONINGTON, CONNECTICUT, MARCH 25, 1996--Analysis & Technology, Inc.
(NASDAQ: AATI) announced today that its board of directors has authorized the
repurchase of up to 200,000 common shares over a one year period, or up to about
8% of the approximately 2,500,000 common shares currently outstanding. Gary P.
Bennett, chief executive officer, said that the stock would be purchased in
amounts and at times and prices to be determined by management. The plan will
provide shares which can be used for Company employee benefit plans and for
future acquisitions.
"This stock buy-back program is a signal of our optimism about A&T's future. We
believe that our stock represents an excellent long-term investment at its
recent market valuation," Bennett said. "The $33 million contract win announced
several days ago, together with the recent re-emergence of antisubmarine warfare
as a top Navy priority, shows that uncertainty about Department of Defense
funding priorities that affected A&T in the second half of fiscal year 1996,
ending this month, has begun to clear."
He continued, "In addition, we have achieved a significant presence in the
interactive multimedia training outsourcing market of the telecommunications
industry, and we see substantial opportunity for expanded market penetration."
- MORE -
<PAGE> 2
A&T Authorizes Buy-Back of up to 200,000, or 8%,
of its Common Shares
March 25, 1996
Page 2 of 2
Bennett noted that at December 31, 1995, Analysis & Technology, Inc. reported
book value per common share of $16.05. This compares to book value per share of
$15.63 as of December 31, 1994. He added that contractual backlog at February,
29, 1996 was $461 million.
Working with clients, Analysis & Technology, Inc. provides technology-based
solutions in engineering services, information technologies, and interactive
multimedia training systems.
###
Editors: Released on Business Wire 03/25/96
