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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT COMMISSION FILE NO.
AUGUST 20, 1996 0-13920
SYSTEMS TECHNOLOGY ASSOCIATES, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
FLORIDA 54-0802071
(STATE OR OTHER JURISDICTION OF (IRS EMPLOYER I.D. NO.)
INCORPORATION OR ORGANIZATION)
14 BRYANT COURT
STERLING, VIRGINIA 20166
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(703) 471-8000
(REGISTRANT'S TELEPHONE NUMBER)
ITEM 5. OTHER EVENTS
Systems Technology Associates, Inc. is pleased to announce that it has hired
James D. Jancso as President and Chief Operating Officer. Mr. Jancso was
formerly acting President of IDB Mobile Communications, Inc.. Mr. Jancso
previously worked nearly ten years for COMSAT Mobile Communications, Inc. as
Director of Operations and lastly as Vice President of Operations. Prior to
working at COMSAT, Mr. Jancso had worked twenty years for Western Union
Telegraph Company where his last position was District Manager, Technical
Services.
Terry A. Scott, Chairman of the Board, stated that hiring Mr. Jancso
accomplishes the final of four goals that the Company had set back in March.
At that time, the company felt that diminishing sales necessitated a plan that
would 1) further reduce its still stifling debt, 2) raise the money to fund the
debt reduction, and 3) obtain a systems integration contract (that should
produce revenue of about $30,000 per month starting September 1st) to shore up
its revenue base. All of this was felt necessary to create a favorable enough
condition to allow the Company to 4) hire a highly experienced and competent
executive as it feels it has in Mr. Jancso. Mr. Jancso starts his duties on
August 26th.
SIGNATURES
Pursuant to the requirement of Section 13 or 15 (d) of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.
Dated: 8/20/96 BY: /s/ TERRY A. SCOTT
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Chairman of the Board
