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UNITED STATES
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
NOVEMBER 10, 1998
Date of Report
(Date of earliest event reported)
UTILX CORPORATION
COMMISSION FILE NUMBER 0-16821
DELAWARE 91-1171716
(State of Incorporation) (I.R.S. Identification Number)
P. O. BOX 97009
KENT, WASHINGTON 98064-9709 (253) 395-0200
(Address of Principal Executive (Telephone Number)
Offices)
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The total number of pages in this Form 8-K is 3.
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ITEM 5. OTHER EVENTS
UTILX Corporation announced on October 30, 1998, that Craig E. Davies,
President and C.E.O., had left the Company to pursue other opportunities. Mr.
Davies, who had been President and C.E.O. since April 1, 1994, also resigned
from the Company's Board of Directors.
William M. Weisfield, Chairman of the Board of Directors of the Company, was
appointed to serve as the Acting Chief Executive Officer on an interim basis.
The Company announced that a search for a permanent successor would be
initiated immediately.
ITEM 7. EXHIBITS
99.1 Press Release.
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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 thereunto duly authorized.
UTILX CORPORATION
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(Registrant)
Date: November 10, 1998 By: /s/ Larry D. Pihl
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Larry D. Pihl, Vice President/Chief
Financial Officer
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EXHIBIT 99.1
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[LOGO]
UTILX Corporation
22820 Russell Road Larry D. Pihl
P.O. Box 97009 Vice President & CFO
Kent, Washington 98064-9709 (253) 395-4596
Tel: 253/395-0200
Fax: 253/395-1040
PRESS RELEASE
UTILX CORPORATION ANNOUNCES RESIGNATION OF PRESIDENT
Kent, WA -- October 30, 1998 -- UTILX Corporation (NASDAQ: UTLX) announced that
Craig E. Davies, President and C.E.O., had left the Company to pursue other
opportunities. Mr. Davies, who had been President & C.E.O. since April 1,
1994, will also resign from the Board of Directors.
William M. Weisfield, Chairman of the Board of Directors of the Company, was
appointed to serve as the Acting Chief Executive Officer on an interim basis.
A search for a permanent successor will be initiated immediately.
UTILX Corporation provides critical services for the installation and
renovation of underground utilities in the U.S. and Canada through a network of
regional sales and service centers. The Company also conducts service
operations throughout Europe through its wholly owned subsidiary in the United
Kingdom.
NOTE: TRANSMITTED ON BUSINESSWIRE OCTOBER 30, 1998 AT 11:10 A.M. (PACIFIC)
