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)
NOVEMBER 22, 1995 (NOVEMBER 21, 1995)
AST RESEARCH, INC.
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
0-13941 95-3525565
(Commission File Number) (IRS Employer Identification No.)
16215 ALTON PARKWAY
IRVINE, CALIFORNIA 92718
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code
(714) 727-4141
NOT APPLICABLE
(Former name or former address, if changed since last report.)
ITEM 5. OTHER EVENTS
On November 21, 1995, AST Research, Inc. (the "Company") announced the
resignation of Bruce C. Edwards, executive vice president, chief financial
officer and a board member, effective at the conclusion of the quarter ended
December 30, 1995. A copy of the press release is attached to this report, and
is incorporated herein by this reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit
Number Description
99 Press release issued by the Registrant on November 21, 1995,
announcing the year-end departure of Bruce C. Edwards,
executive vice president, chief financial officer, and a board
member.
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.
AST Research, Inc.
_______________________________________
(Registrant)
By Bruce C. Edwards
Executive Vice President
and Chief Financial Officer
Date: November 22, 1995
FOR IMMEDIATE RELEASE
Media Contact: Emory Epperson
(714) 727-7958
Analyst Contact: Janine Whittington
(714) 727-7780
AST RESEARCH ANNOUNCES YEAR-END DEPARTURE OF CFO
IRVINE, Calif., Nov. 21, 1995 ---- AST Research Inc. (ASTA----NASDAQ) today
announced Bruce C. Edwards, executive vice president, chief financial officer
and a board member, will leave the company at the conclusion of its current
quarter, ending Dec. 30, 1995.
Edwards, 42, who has served as AST's chief financial officer for more than
11 years, will leave the company to pursue other interests. Most recently, his
responsibilities included the company's finance, information systems, legal,
administration and investor relations activities.
"Bruce has contributed significantly to AST's growth over the years by
proactively meeting and anticipating the financial
requirements of the company and the market," said Safi Qureshey, AST chairman.
"Among his successes include negotiating the strategic investment in AST by
Samsung Electronics, as well as numerous financial instruments that have helped
the company become a $2.5 billion worldwide PC manufacturer."
Edwards will continue at AST throughout the remainder of the company's
current fiscal quarter to complete, among other things, certain agreements
between the company and Samsung Electronics.
"We wish Bruce continued prosperity in his future endeavors," said Ian
Diery, AST president and chief executive officer. "During the transition
period, I will utilize his experience and knowledge to move AST's turnaround
plan forward and help lay the foundation for long-term growth."
CORPORATE BACKGROUND
AST Research Inc., a member of the Fortune 500 list of America's largest
industrial and service companies, is one of the world's leading personal
computer manufacturers. The company develops PC products ranging from portable
systems to superservers sold in more than 100 countries worldwide. Corporate
headquarters is located at 16215 Alton Parkway, P.O. Box 57005, Irvine, Calif.
92619-7005. Telephone (714) 727-4141 or (800) 876-4278. Fax: (714) 727-9355.
# # #
