SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report February 2, 1999
(Date of earliest event reported) (January 19, 1999)
CTC COMMUNICATIONS CORP.
(Exact name of registrant as specified in its charter)
Massachusetts 0-13627 04-2731202
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
360 Second Ave., Waltham, Massachusetts 02451
(Address of principal executive offices) (Zip Code)
(781) 466-8080
(Registrant's telephone number including area code)
(Former name or former address if changed since last
report)
<PAGE>
Item 5. Other Events
On February 2, 1999, the Registrant issued the following press release:
"New Director Joins CTC Communications Corp.
WALTHAM, Mass.--Feb. 2, 1999--CTC Communications Corp. (NASDAQ:CPTL) today
announced that Mr. Carl Redfield has been elected to its Board of Directors
effective on January 19, 1999.
Mr. Redfield, a corporate officer of Cisco Systems, Inc. (Nasdaq NNM:CSCO),
joined Cisco in August 1993 as Director, Supply/Demand of Manufacturing and
became Vice President of Manufacturing in September 1993. Mr. Redfield became
Senior Vice President, Manufacturing and Logistics in February 1997. Prior to
joining Cisco, he spent eighteen years at Digital Equipment Company, most
recently as Group Manufacturing and Logistics Manager of the PC Group. Mr.
Redfield also serves as a member of the Board of Directors of VA Research
Inc. and Paragon Electronics Inc., both California companies.
Mr. Robert J. Fabbricatore, Chairman of the Board of CTC Communications
stated: "CTC is indeed fortunate to obtain the participation of Carl Redfield
as a member of CTC's Board of Directors. His welcome addition to the Board
further expands the diversity of experience and talent available on the CTC
Board of Directors. Mr. Redfield's background and technical experience will
be of invaluable assistance in the rapid deployment and expansion of the CTC
Integrated Communications Network."
"The growth of the Internet and New World infrastructures has changed the
dynamics of advanced data communications solutions for small and medium size
business," said Carl Redfield. " Over the next few years, this will drive
significant new opportunities for CTC. I look forward to offering my
technology and manufacturing expertise and to participate in the anticipated
excitement for this market over the next few years."
CTC is a rapidly growing provider of integrated communications solutions to
medium and large-sized business customers in the Northeast U.S. It provides
an extensive array of voice and data services including local, long distance,
frame relay, Internet access, and other advanced data services. The Company
markets its service through its 175 member direct sales force located in 25
branch offices throughout Massachusetts, New York, Connecticut, New
Hampshire, Vermont, Rhode Island, Maine and Maryland. CTC's headquarters is
in Waltham, Massachusetts. CTC can be found on the worldwide web at
http://www.ctcnet.com. Investors seeking information on CTC's transition to a
facilities-based CLEC strategy are encouraged to visit CTC's web site for the
fiscal second quarter conference call notes from the November 5, 1998
investor conference call.
<PAGE>
The statements in this press release that relate to future plans, events or
performance are forward-looking statements that involve risk and
uncertainties that could cause actual results to differ materially from those
reflected in the forward-looking statements. Readers are, accordingly,
cautioned not to place undue reliance on these forward-looking statements,
which speak only as to the date hereof. Additional information about these
risks and uncertainties is set forth in the Company's most recent report on
Form 10-K. CTC undertakes no obligation to release publicly the results of
any revisions to these forward-looking statements that may be made to reflect
results, events or circumstances after the date hereof.
CONTACT: CTC Communications Corp.
John D. Pittenger, (781) 466-1302
http//www.ctcnet.com"
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.
CTC COMMUNICATIONS CORP.
(Registrant)
By: /s/ John D. Pittenger
John D. Pittenger,
Executive Vice President,
Finance and Administration
February 2, 1999
