<PAGE>
UNITED STATES
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): 4 May 1995
ALPNET, Inc.
(Exact name of registrant as specified in its charter)
UTAH 0-15512 87-0356708
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification
incorporation) Number)
4444 South 700 East
Suite #204
Salt Lake City, Utah 84107-3075
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (801) 265-3300
Former name or former address, if changed since last report: Not applicable.
<PAGE>
Item 5. Press Release -- ALPNET ANNOUNCES FIRST QUARTER 1995 RESULTS
May 4, 1995 -- Salt Lake City, Utah. ALPNET, Inc. (NASDAQ: AILP), a worldwide
supplier of language translation and related services, today announced
results for the quarter ended March 31, 1995. Total revenues for the quarter
were $5.9 million with net income of $14,000 or $.001 per share compared to
revenues of $4.3 million with a net loss of $476,000 or $.031 per share for
the first quarter of 1994.
Thomas F. Seal, ALPNET President and CEO, stated, "We are pleased to report
another quarter of increased revenues. This quarter's revenues, which mark the
fourth consecutive quarter of growth, are primarily attributable to strong
sales in ALPNET's major established markets such as the UK and Germany,
increases in the contributions of new ALPNET offices opened in recent years,
and to a lesser extent, the strength of foreign currencies in countries
where the Company has operations as compared to the US dollar. The $1.6 million
increase in consolidated revenues resulted in an improvement in net income of
$490,000 when comparing the first quarter of 1995 to the first quarter of 1994.
However, there is continuing price competition in the market which is holding
prices and margins at very low levels. As a result, the Company reported a
small net income for the first quarter of 1995."
Mr. Seal also said, "The Company continues to see expansion in the need for the
services ALPNET provides in almost all of our markets. While price competition
in the marketplace is a factor in our ability to grow our business, we will
continue to take advantage of our technology to increase revenues, decrease
costs and improve profitability."
ALPNET is a worldwide supplier of translation services, with 27 offices in 10
countries on 3 continents. ALPNET supplies its customers with language
translation, product localization, language interpreting, language training,
and multilingual desktop publishing and printing
services.
<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.
ALPNET, Inc.
(Registrant)
Date: May 5, 1995 \s\ Thomas F. Seal
Thomas F. Seal
President and Chief Executive Officer
Date: May 5, 1995 \s\ D. Kerry Stubbs
D. Kerry Stubbs
Chief Financial Officer
