XYVISION INC
8-K, 1999-09-29
COMPUTER INTEGRATED SYSTEMS DESIGN
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<PAGE>

                      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): September 21, 1999


                               Azul Holdings Inc.
             ----------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)


                                    Delaware
             ----------------------------------------------------
                 (State or Other Jurisdiction of Incorporation)


   000-14747                                  04-2751102
- ---------------------              ---------------------------
(Commission File Number)         (I.R.S. Employer Identification No.)


30 New Crossing Road
Reading, MA                                             01867
- ---------------------                            __________________________
(Address of principal executive offices)              (Zip Code)


                                 (781) 756-4400
                        -------------------------------
              (Registrant's telephone number including area code)

                                 Xyvision, Inc.
                        -------------------------------
          Former Name or Former Address, if Changed Since Last Report

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<PAGE>

Item 5. Other Events.
      On September 21, 1999, Xyvision, Inc. (the "Company") changed its name to
"Azul Holdings Inc." Effective September 28, 1999, the Company's stock trading
symbol was changed to "AZUL." On September 9, 1999, each of Kevin J. Duffy and
Leland S. Kollmorgen resigned as members of the Board of Directors of the
Company.

 The full text of the Company's press release issued in connection with the
foregoing matters is filed as Exhibit 99 to this Current Report on Form 8-K and
is incorporated herein by reference.



Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.


      (c) Exhibits.


      See Exhibit Index attached hereto.


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<PAGE>

                                   SIGNATURE
     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.


Date: September 29, 1999
                                                AZUL HOLDINGS INC.
                                          -------------------------------
                                                   (Registrant)



                   By:
                                          /s/ Wendy Darland
                                          -------------------------------
                                          Wendy Darland
                                          Vice President, Chief Financial
                                          Officer,
                                          Secretary and Treasurer



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<PAGE>

                              EXHIBIT INDEX



<TABLE>
<S>         <C>
 Exhibit
 Number     Description
- --          --------------
99          Press Release
</TABLE>

                                       3



<PAGE>

Contact: Richard A. Pasewark
         Xyvision Enterprise Solutions
         781-756-4400
         [email protected]


               Xyvision, Inc. Changes Name to Azul Holdings Inc.

READING, MASS - September 28, 1999 - Xyvision, Inc. (NASDAQ: XYVI), the parent
company of a leading developer of information management and publishing
solutions, announced that it has changed its name to "Azul Holdings Inc." and
will trade under the NASDAQ symbol "AZUL." The name change reflects Azul
Holding's focus on its investment portfolio, including the success of its
subsidiary Xyvision Enterprise Solutions, Inc. (XyEnterprise).

Kevin Duffy will remain as President and Chief Executive Officer of
XyEnterprise but has resigned his position as President and Chief Operating
Officer and as a director of Xyvision/Azul Holdings. Mr. Duffy will now focus
exclusively on building the business of XyEnterprise as it expands its
offerings in the Content and Knowledge Management arenas. In addition, Leland
Kollmorgen has resigned as a director of Xyvision/Azul Holdings.


About Azul Holdings

Azul Holdings is a holding company focused on investment opportunities in the
hi-tech arena. It holds all of the common stock of XyEnterprise. For more
information please contact Wendy Darland at (781) 756-5600 or log on soon to
the Azul Holdings web site at www.azulholdings.com.


About XyEnterprise

XyEnterprise provides companies with complete information and knowledge
management solutions that streamline the information creation and delivery
process. XyEnterprise combines its own publishing and component management
software with integration services and best-of-breed technologies to build
enterprise-wide solutions for the collaborative creation, management and
dissemination of information. Its customer base includes a number of
industry-leading companies in the aerospace, automotive, telecommunications,
standards, and publishing markets. These customers include Boeing Aircraft,
Sikorsky, Gulfstream, Tweddle Litho, Maruboshi, Telcordia, The Bureau of
National Affairs, ASTM, and many others. For more information, please contact
XyEnterprise: (781) 756-4400 or log on to the XyEnterprise web site at
http://www.xyenterprise.com.


                                     # # #


Xyvision and Parlance are registered trademarks of Xyvision Enterprise
Solutions. All other product and company names mentioned herein are trademarked
by their respective holders.




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