SECURITIES AND EXCHANGE COMMISSION Execution Copy
WASHINGTON D.C. 20549
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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) April 10, 1997
POWER DESIGNS INC.
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(Exact Name of Registrant as Specified in Charter)
New York 0-1921 11-1708714
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation or File No.) Identification Number)
organization)
14 Commerce Drive, Danbury, Connecticut 06810
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(Address of principal executive offices) (Zip Code)
(203) 748-7001
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(Issuer's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
April 11, 1997
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Item 5
On April 10, 1997 Power Designs announced the appointment of Mr.
Fred G. Basso as President and Director of the Company, effective May 1, 1997.
Mr. Basso comes to Power Designs with 30 years of experience in the electronics
and electrical utility industries, most recently as President and CEO of AFP
Transformers, Inc., of Edison, New Jersey. Previously, Mr. Basso spent one year
as General Manager of Large Power Transformers for one year at Magnetek
Electric, Inc. of Waukesha, Wisconsin, and served six years as President of
Schenk Trebel Corporation of Deer Park, New York, a $25 million multinational
manufacturer of dynamic balancing equipment.
Mr. Basso holds a Master's Degree in Business Administration from
New York University and a Bachelor's Degree in Management Engineering
(Electrical Engineering minor) from Rennselaer Polytechnic Institute.
Item 7. Exhibits.
None.
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.
Date: April 11, 1997 By: /s/ Jonathan Betts
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Jonathan Betts
Chairman of the Board
April 11, 1997
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