<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): May 30, 1997
ANALYSIS & TECHNOLOGY, INC.
------------------------------------------------------
(Exact name of registrant as specified in its charter)
Connecticut 0-14161 95-2579365
- ---------------------------- ---------------- -------------------
(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
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: (860) 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
May 30, 1997, 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 May 30, 1997
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: June 6, 1997 By: /s/ David M. Nolf
-----------------
David M. Nolf
Executive Vice President
<PAGE> 3
EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit No. Document
- ----------- --------
<S> <C>
20 Press Release of Company
dated May 30, 1997
</TABLE>
<PAGE> 1
[Logo] Analysis & Technology, Inc.
---------------------------
Route 2, P.O. BOX 220
NORTH STONINGTON, CT 06359
860 599-3910
Exhibit 20
FOR IMMEDIATE RELEASE
For Further Information
Elaine Beckwith
(860) 599-3910, ext. 2630
E-mail: [email protected]
Home Page: http://www.aati.com
Cheryl Schneider, Stacey Levitz
Morgen-Walke Associates, Inc.
(212) 850-560
ANALYSIS & TECHNOLOGY, INC. ANNOUNCES EXPANSION OF
ITS SHARE REPURCHASE PROGRAM
North Stonington, CT, May 30, 1997 - Analysis & Technology, Inc.
(Nasdaq:AATI), a leading developer of engineering and interactive multimedia
training solutions, today announced the expansion of its share repurchase
program. The Company's Board of Directors has authorized the repurchase of an
additional 300,000 shares or a total of up to 500,000 shares in amounts and at
times and prices to be determined by the Company's management. Since the
program was initiated in March 1996, the Company has repurchased 206,000
shares. These are approximately 2.3 million shares currently outstanding. The
shares repurchased can be used for Company employee benefit plans and for
future acquisitions.
Commenting on the announcement, Gary Bennett, chairman and chief
executive officer said, "This share repurchase program represents our
confidence in Analysis & Technology, and is consistent with the Company's
long-term goal of increasing shareholder value. We believe that our stock
represents an excellent long-term investment at its current market valuation."
- more -
ENGINEERING SERVICES - INFORMATION TECHNOLOGIES - INTERACTIVE MULTIMEDIA SYSTEMS
<PAGE> 2
A&T Announces Expansion of Share Repurchase Program
May 30, 1997
p. 2 of 2
Working with customers, Analysis & Technology, Inc. creates
technology-based solutions in three key areas: system engineering technologies,
information technologies, and interactive multimedia training systems.
Except for historical information contained in this report, the information in
the report consists of forward looking statements. These statements involve
risks and uncertainties that could cause actual results to differ materially
from those in the forward looking statements. Potential risks and uncertainties
include changes in Navy program funding priorities, budget reductions in
defense programs, and pricing pressures from competitors and/or customers.
Other risks and uncertainties are discussed in the documents filed by the
Company with the Securities and Exchange Commission.
###
