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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) August 26, 1997
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Intek Diversified Corporation
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(Exact name of registrant as specified in its charter)
Delaware 0-9160 04-2450145
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(State or other jurisdiction (Commission (IRS Employer Iden-
of incorporation) File Number) tification No.)
214 Carnegie Center,
Suite 304,
Princeton, NJ 08540
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 609-419-1222
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(Former name or former address, if changed since last report.)
970 West 190th St., Suite 720, Torrance, CA 90502
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Item 5. Other Events.
On August 27, 1997 Intek Diversified Corporation ("Intek") issued a
press release announcing the appointment of Robert J. Shiver as the Chairman and
Chief Executive Officer of Intek, effective September 1, 1997. Mr. Shiver
succeeds Dr. Edmund Hough, who resigned as acting Chief Executive Officer and a
director of Intek, effective August 26, 1997.
Item 7. Financial Statements and Exhibits.
EXHIBITS
Exhibit 99.1 Press Release dated August 26, 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.
Intek Diversified Corporation
By: /s/ Lee R. Montellaro
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Its: Chief Financial Officer
Dated: September 5, 1997
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Exhibit Index
Exhibit 99.1 Press Release dated September 5, 1997.
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NEWS RELEASE
INTEK DIVERSIFIED ANNOUNCES APPOINTMENT
OF ROBERT SHIVER AS CHIEF EXECUTIVE OFFICER
MOORESTOWN, N.J.--(BUSINESS WIRE)--Aug. 27, 1997--Intek Diversified Corporation
(NASDAQ:IDCC) announced today the appointment of Robert J. Shiver as chairman
and chief executive officer, effective September 1, 1997. Mr. Shiver, 42,
currently is a member of the Board of Directors of Intek. Mr. Shiver has been a
director and chief executive officer of Centennial Security Holdings, Inc., one
of the leading providers of electronic security and services throughout North
America.
According to Mr. Roger Wiggs, chief executive officer of Securicor PLC, the
majority shareholder of Intek, Bob Shiver has demonstrated an outstanding record
of entrepreneurial ability and leadership in various companies, including
Centennial, developing recurring revenue products and services. Mr. Shiver
graduated from Morehead State University in 1977 with a Bachelors degree in
business. He is active in Project Acorn, which provides educational
opportunities to pre-school and disadvantaged children. He is also an adviser
to Picatinny Technology Innovation Center, which is an organization that assists
the government in commercializing various military technology.
Mr. Shiver succeeds Dr. Edmund Hough, who has resigned as acting chief executive
officer and a director of Intek, effective August 26, 1997. Intek Diversified
Corporation operates Specialized Mobile Radio (SMR) systems in the U.S. within
the 220 MHz spectrum through RoameR One. Another subsidiary, Radiocoms,
designs, develops and manufactures Land Mobile Radio (LMR) products utilizing
proprietary LM technology. Intek's Midland USA subsidiary is a leading
distributor of LMR products, manufactured by both Radiocoms and others, and
operates through a well-established base of authorized dealers and resellers in
the U.S.
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