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SECURITIES AND EXCHANGE COMMISSION
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
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Date of Report (Date of earliest event reported): February 27, 1998
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Media Logic, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1-9605 04-2772354
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
310 South Street
Plainville, MA 02762
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (508) 695-2006
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Exhibit Index on page 3.
1
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Item 5. Other Events.
On February 27, 1998, the Registrant publicly disseminated a press
release announcing the appointment, effective immediately, of Gregory Scorziello
as the Registrant's President and Chief Executive Officer. The information
contained in the press release is incorporated herein by reference and filed as
Exhibit 99.1 hereto.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
99.1 The Registrant's Press Release dated February 27, 1998.
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.
MEDIA LOGIC, INC.
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(Registrant)
Date: March 2, 1998 /s/ Paul M. O'Brien
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Paul M. O'Brien
Vice President and
Chief Financial Officer
2
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EXHIBIT INDEX
Exhibit Sequential
Number Description Page Number
- ------- ----------- -----------
99.1 The Registrant's Press Release 4
dated February 27, 1998
3
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MEDIA LOGIC
310 South Street
Plainville, MA 02762
(508) 695-2006
CONTACT: Paul M. O'Brien Richard Adler/Arthur Dimond
MediaLogic, Inc. Dimond Communications Group, Inc.
(508) 695-2006 (617) 424-8373
[email protected] [email protected]
FOR RELEASE: Immediate
MEDIALOGIC ANNOUNCES NEW PRESIDENT
FORMER STORAGE COMPUTER EXEC, SCORZIELLO, NAMED TO POST
PLAINVILLE, MA--February 27, 1998--MediaLogic, Inc. (AMEX:TST), a
leading developer and manufacturer of automated data library systems, today
announced the appointment, effective immediately, of Gregory Scorziello as
the Company's President and Chief Executive Officer.
Mr. Scorziello brings 14 years of worldwide storage industry Sales and
General Management experience to MediaLogic. He will succeed William E.
Davis, who is leaving the Company to pursue other interests.
Prior to joining MediaLogic, Mr. Scorziello was Senior Vice President in
charge of worldwide field operations for Storage Computer Corporation, a
BUSINESS WEEK high growth company, where he achieved record revenues and
profits in 1997, overseeing two international joint ventures, two
international subsidiaries, and over 30 distribution partners worldwide.
(more)
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Prior to joining Storage Computer, Mr. Scorziello spent 11 years with EMC
Corporation, a 2.9 billion dollar manufacturer of high-end storage systems
for mainframe, Unix, and NT processors, setting up and managing various
direct and indirect sales operations in Western and Eastern Europe, Asia
Pacific, Middle East, Africa, and Latin America.
Scorziello said, "MediaLogic's innovative, scalable library systems
enable businesses to invest in strategic back-up solutions which support all
major media technologies. Additionally, MediaLogic's family of products is
highly scalable both in performance and capacity to meet business growth and
change.
"The MediaLogic family of products also provides unparalleled
connectivity with all major systems, including MicroSoft NT, Novell, Unix,
VMS, Sun Solaris, and Apple Mac-based server platforms. Further, MediaLogic
is extremely well positioned to capture a significant share of the rapidly
growing Sony AIT market, which offers significant price performance
advantages over all other tape technologies."
Paul O'Brien, the Company's CFO, stated: "In moving forward, we are
extremely pleased to have someone with Greg's capabilities and experience
leading MediaLogic. Through his years at EMC and, more recently, Storage
Computer, he has built an outstanding reputation in the storage industry and
in the business community as a whole. We believe that he has the marketing
background and business acumen to further strengthen MediaLogic's presence in
the fast-growing data storage market."
(more)
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The Company wishes to take advantage of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995 with respect to
statements that may be deemed to be forward-looking statements under the Act.
Such forward-looking statements may include, but are not limited to,
statements regarding development and sales of the Company's ADL product line.
The Company cautions that numerous factors could cause actual results to
differ materially from any forward-looking statements made by the Company.
MediaLogic, Inc., founded in 1982, is a leading developer and
manufacturer of tape-based automated data libraries designed to meet
corporate information management needs. The Company also provides evaluation
equipment for computer disks and tapes, and manufactures AccuCopy industrial
disk drives for high reliability applications.
For further information on MediaLogic and its products, visit the
Company's Web site at http://www.ADLinc.com.
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