SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 12 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): August 19, 1997
COMPUMED, INC.
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Delaware (0-14210) 95-2860434
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(State or Other (Commission (IRS Employer
Jurisdiction of File Number) Identification No.)
Incorporation)
1230 Rosecrans Avenue, Suite 1000
Manhattan Beach, California 90266
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (310) 643-5106
N/A
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(Former name or Former Address, if Changed Since Last Report)
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Item 5. OTHER EVENTS.
As of August 18, 1997, Rod Raynovich ceased to be the
President and Chief Executive Officer of CompuMed, Inc. (the "Company").
The Board of Directors authorized James Linesch to serve as the acting
President and Chief Executive Officer of the Company. Mr. Linesch shall
also continue in his capacity as Chief Financial Officer and Secretary
of the Company.
Item 7. EXHIBITS.
Exhibit No. Description
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1 Press Release, dated August 19, 1997.
2
<PAGE>
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.
COMPUMED, INC.
Date: August 20, 1997
By: /s/ James Linesch
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Name: James Linesch
Title: President
3
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EXHIBIT INDEX
Exhibit Description
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1 Press Release, dated August 19, 1997.
COMPUMED
1230 Rosecrans Avenue
Manhattan Beach, CA 90266
Tel: (310) 643-5106 Fax: (310) 536-6128
FOR IMMEDIATE RELEASE:
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CONTACT:
James Linesch Noonan/Russo Communications, Inc.
CompuMed, Inc. (212) 696-4455
(310) 643-5106. Jan Paul Medina (investor) ext. 216
Heather Hennessy (media) ext. 274
e-mail: [email protected]
COMPUMED, INC. ANNOUNCES CHANGES IN PRESIDENT AND CEO
Manhattan Beach, CA -- August 19, 1997 - CompuMed, Inc. (Nasdaq:
CMPD) announced today that its President and Chief Executive
Officer, Rod Raynovich, is no longer associated with the Company.
While the board of directors conducts a search for his successor,
James Linesch, the Company's Chief Financial Officer, will
undertake Mr. Raynovich's duties as acting CEO.
CompuMed, based in Manhattan Beach, California, develops solutions
to important medical problems through the use of computer
technology. In addition to the OsteoGram(R) and OsteoView(R) for
osteoporosis assessment, CompuMed is focused on telemedicine
services for cardiology and currently provides on-line computer
interpretation of medical tests, such as electrocardiograms
(ECG's), to physicians and healthcare providers.
This news release contains forward-looking statements as defined by
the Private Securities Litigation Reform Act of 1995. Forward-
looking statements include statements concerning plans, objectives,
goals, strategies, future events or performance and underlying
assumptions and other statements which are other than statements of
historical facts. These statements are subject to uncertainties
and risks including, but not limited to, product and service demand
and acceptance, changes in technology, the ability to raise
capital, the availability of appropriate acquisition candidates
and/or business partnerships, economic conditions, the impact of
competition and pricing, capacity and supply constraints or
difficulties, government regulation and other risks defined in this
document. All such forward-looking statements, whether written or
oral, and whether made by or on behalf of the Company are expressly
qualified by these cautionary statements and any other cautionary
statements which may accompany the forward-looking statements. In
addition, the Company disclaims any obligation to update any
forward-looking statements to reflect events or circumstances after
the date hereof.
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Editor's Note:
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This release is available on the Internet at
http://www.compumed.net and http://www.noonanrusso.com
