SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM 8-K
CURRENT REPORT
Securities Exchange Act of 1934
Date of Report (date of earliest event reported): June 19, 1997
Computervision Corporation
(Exact name of registrant as specified in charter)
Delaware 1-7760/0-20290 04-2491912
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(State or other (Commission IRS Employer
jurisdiction File Numbers) Identification
of incorporation) Number)
100 Crosby Drive, Bedford, MA 01730
(Address of principal executive offices)
(617) 275-1800
(Registrant's telephone number, including area code)
(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events
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On June 19, 1997, Computervision Corporation issued a press
release announcing the appointment of William A. Wilson as senior
vice president and chief financial officer of the company (see
copy of press release attached).
Item 7. Financial Statements and Exhibits
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(a) Financial Statements of business acquired:
Not applicable
(b) Pro Forma financial information
Not applicable
(c) Exhibits:
(99) (a) Press Release dated June 19, 1997
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities and Exchange
Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned thereunto duly
authorized.
Computervision Corporation
(Registrant)
By /S/ Anthony N. Fiore, Jr.
Anthony N. Fiore, Jr.
Vice President, Business
Operations and General Counsel
Date: June 26, 1997
<PAGE>
EXHIBIT INDEX
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Exhibit No. Page. No.
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(99) (a) Press Release dated June 19, 1997 5-6
<PAGE>
For Further Information:
Investor Contact: Media Contact:
Kathryn Cadigan Wayne B. George
Director, Investor Relations Director, Public Relations
(617) 275-1800, ext. 1871 (617) 275-1800, ext. 2443
FOR IMMEDIATE RELEASE
Computervision Names William A. Wilson as
Chief Financial Officer
BEDFORD, MA., June 19, 1997 -- Computervision Corporation
(NYSE:CVN), the leading provider of Electronic Product
Definition(TM)(EPD(TM)) solutions, today announced that William
A. Wilson has been appointed senior vice president and chief
financial officer. Wilson will be responsible for the finance
and administration function at the company. Wilson comes from
Arch Communications Group, Inc., a $400 million wireless
messaging company, where he was executive vice president and
chief financial officer.
"Bill brings to this important position extensive experience in
all phases of financial management and strategy," said Kathleen
A. Cote, president and chief executive officer of Computervision.
"He has a strong understanding of rapidly growing businesses,
development and management of capital structures, as well as
extensive capital markets experience, all of which will be
exceedingly valuable as we build momentum as the leading
international supplier of integrated electronic product
definition solutions."
Wilson's experience in finance spans 25 years, with 14 years
spent in the chief financial officer role. "I am very excited by
Computervision's opportunities and challenges, and to be part of
the team which takes the company to the next level," said Wilson.
"The growth prospects for the company and its EPD products are
extremely compelling. A key element in my decision to join
Computervision was to participate in this growth through a stock
based incentive program."
Wilson earned an MBA from Babson College, an MSA from
Northeastern University and a BA from Luther College. He is a
CPA.
William A. Foniri, who has been chief financial officer for
Computervision, will serve as the chief financial officer for CV
Services International when the sale of that business to M.D.
Sass is completed. Foniri returns to a business where he has
held a number of key management positions.
Computervision Background
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Computervision Corporation (NYSE:CVN) is the leading
international supplier of Electronic Product Definition (EPD)
solutions. EPD is Computervision's product and process response
to the customer need to concurrently create, manage, share and
reuse electronic product information in a collaborative
environment throughout a product's life cycle and across a
distributed value chain. For more than 26 years, the company's
product development software solutions have helped manufacturers
improve product quality and reduce time to market.
Computervision is headquartered in Bedford, Massachusetts.
Computervision, and the Computervision logo are USPTO registered
trademarks of Computervision Corporation. Electronic Product
Definition and EPD are trademarks of Computervision Corporation.
All other trademarks are trademarks of their respective owners.
A copy of this release plus financial, product, and other company
information is available via fax by dialing 1-800-546-4616. Any
questions concerning this service should be directed to Investor
Relations at Computervision Corporation at 617/275-1800. For
more information on Computervision, please call 617/275-1800 or
visit the Computervision web site at http://www.cv.com.
