UNITED STATES
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): December 11, 2000
PRINTWARE, INC.
_____________________________________________________________________________
(Exact name of Registrant as specified in its charter)
Minnesota 000-20729 41-1522267
_____________________________ ___________ ___________________
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
1270 Eagan Industrial Road, St. Paul, MN 55121
_______________________________________________
(Address of principal executive offices)
Registrant's telephone number, including area code: (651) 456-1400
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Item 5. Other Events
The Company has reached an agreement with Thomas W. Petschauer, the Company's
Executive Vice President and Chief Financial Officer for Mr. Petschauer to
resign effective January 30, 2001. The Company plans to accrue and charge to
operations an amount approximately equal to the payment which would have been
due Mr. Petschauer under his change in control severance agreement to cover
anticipated severance payments to Mr. Petschauer. The press release
describing Mr. Petschauer's resignation is filed herein as Exhibit 99.1 to
this Form 8-K.
The Company has amended the terms of a consulting contract between Printware
and Stanley Goldberg, a current director of the Company, and his business
development firm Goldmark Advisors. This contract is filed herein as Exhibit
99.2 to this Form 8-K.
Exhibits
Exhibit 99.1 Press Release regarding change in Management
Exhibit 99.2 Amendment to consulting contract with a director
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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, thereunto duly authorized.
PRINTWARE, INC.
Registrant
Dated: December 11, 2000 By /s/ Daniel A. Baker
_______________________
Daniel A. Baker
President and Chief Executive Officer
(Principal Executive Officer)