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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) April 13, 1999
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National TechTeam, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 0-16284 38-2774613
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
835 Mason Street, Suite 200 Dearborn, MI 48224
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(Address of principal executive offices) (City, State) (Zip Code)
Registrant's telephone number, including area code (313) 277-2277
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(Former name of former address, if changed since last report.)
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ITEM 5. OTHER EVENTS.
On April 13, 1999, the Company issued the press release attached as Exhibit
2.1 to this Form 8-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
2.1 Press release dated on April 13, 1999 "NATIONAL TECHTEAM APPOINTS M. ANTHONY
TAM VICE PRESIDENT AND CHIEF FINANCIAL OFFICER"
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.
NATIONAL TECHTEAM, INC.
Dated: April 16, 1999 By: /s/ M. Anthony Tam
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M. Anthony Tam
Vice President, Chief Financial
Officer and Treasurer
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Exhibit Index
Exhibit No. Description
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2.1 Press Release dated on April 13, 1999.
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EXHIBIT 2.1
[TECHTEAM LETTERHEAD]
NEWS RELEASE [LOGO]
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FOR IMMEDIATE RELEASE -- APRIL 13, 1999 International Provider of
National TechTeam, Inc. Computer Services
835 Mason Street, Suite 200
Dearborn, Michigan 48124
NASDAQ/NM - "TEAM"
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CONTACT:
NATIONAL TECHTEAM, INC.
Victoria H. Neville
Investor Relations
(313) 277-2277
NATIONAL TECHTEAM APPOINTS M. ANTHONY TAM VICE PRESIDENT AND
CHIEF FINANCIAL OFFICER
DEARBORN, MICHIGAN, April 13, 1999...NATIONAL TECHTEAM INC., Nasdaq symbol
("TEAM"), today announced that M. Anthony Tam has been named Vice President and
Chief Financial Officer (CFO) replacing Lawrence A. Mills, who has resigned. As
CFO, Tam will be responsible for TechTeam's worldwide accounting organization,
including strategic and financial planning, financial reporting, budget
preparation, treasury and tax. Tam will report directly to Harry A. Lewis,
President and Chief Executive Officer.
Tam brings 19 years executive experience in accounting management, financial
systems, planning and analysis to National TechTeam. He has an extensive
background in business development, strategic planning, financial analysis and
controls, as well as mergers and acquisitions. Prior to joining TechTeam, Tam
served as Controller and Executive Director, Finance & Administration for The
Genix Group, a computer operations outsourcing services company with offices
throughout the United States and the United Kingdom. He was one of the founding
members of the Genix Group, where he designed and implemented the financial and
administrative infrastructure. During his tenure with Genix, the company
experienced an eight-fold growth in size.
"Tony brings a proven track record of managing the accuracy and timeliness of
financial information. His background with a high growth company will be a
positive addition for managing our growth and acquisitions", said Harry Lewis,
President and CEO. "I look forward to his contributions to our financial,
investment and business strategies."
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NATIONAL TECHTEAM, INC. is a premier provider of DESKTOP MANAGEMENT SERVICES to
large national and multi-national corporations, government agencies and service
organizations. The Company offers its services through three global units: (i)
CORPORATE SERVICES, which provides corporations with desktop management and
related support services including help desk, network management & systems
integration, custom training, and technical staffing. (ii) OEM CALL CENTER
SERVICES, which provides end user customers of its clients with inbound
telephone support for their computer products; and (iii) TECHTEAM CAPITAL GROUP,
which consists primarily of leasing computer-related hardware and integrated
services to corporate customers. National TechTeam is traded under the symbol
"TEAM".
The foregoing contains forward-looking statements. The matters expressed in such
statements are subject to numerous uncertainties and risks including but not
limited to general economic conditions in the markets in which TechTeam
operates, fluctuation in demand for computer related services and products, and
current expectations of TechTeam or its management. Should one or more of those
uncertainties or risks materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those described as
forward-looking statements. TechTeam does not intend to update those
forward-looking statements.
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