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): June 30 , 1997
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ANTENNAS AMERICA, INC.
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(Exact name of registrant as specified in its charter)
Utah 0-18122 87-0454148
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(State or other jurisdiction (Commission File (I.R.S. Employer
of incorporation) Number) Identification No.)
4860 Robb Street, Suite 101, Wheat Ridge, Colorado 80033-2163
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (303) 421-4063
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<PAGE>
Item 5. Other Events.
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Press Release. The press release of the Registrant dated June 30, 1997,
which is filed as an exhibit hereto, is incorporated herein by reference.
Item 7. Financial Statements And Exhibits.
(c) Exhibits.
Exhibit Index
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Exhibit
Number Description
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99.1 Press release dated June 30, 1997.
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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 hereunto duly authorized.
Date: July 9, 1997 ANTENNAS AMERICA, INC.
By: /S/ RANDALL P. MARX
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Randall P. Marx
Chief Executive Officer
EXHIBIT 99.1
On June 30, 1997, the Registrant issued the following press release:
NEWS RELEASE
Antennas America, Inc., secures credit facility.
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WHEAT RIDGE, COLORADO, June 30, 1997 - Antennas America, Inc. (OTC: BB:ANTM)
today announced that it has secured a credit facility with Norwest Business
Credit, Inc. a subsidiary of Norwest Bank, Minneapolis, Minnesota. The Company
intends to use the proceeds for working capital, capital expenditures associated
with its product development and for general corporate purposes.
The credit facility is a $500,000, one year, revolving loan secured by the
Company's accounts receivable, inventory and equipment.
"The line of credit will enable the Company to have a more extensive source of
capital to pursue our planned growth and new product development, while reducing
our overall interest costs," commented Randall P. Marx, Chief Executive Officer
of Antennas America, Inc.
Antennas America, Inc., using technology developed by the Company, designs,
develops and manufactures a complete line of antenna and related systems for the
wireless communication industry. These products include several planar array
flat antennas for indoor and outdoor uses as well as conformal antennas designed
for smaller applications such as radios and computer devices. The Company also
provides custom antenna designs and manufacturing for Original Equipment
Manufacturers (O.E.M.) and other emerging wireless communications markets.
This report contains forward looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. Although the Company believes that the expectations reflected in the
forward-looking statements and the assumptions upon which the forward-looking
statements are based are reasonable it can give no assurance that such
expectations and assumptions will prove to have been correct. See the Company's
Annual Report on Form 10-KSB for additional statements concerning important
factors, such as demand for products, manufacturing costs, and competition, that
could cause actual results to differ materially from the Company's expectations.
For more information contact:
Randall P. Marx or
Richard L. (Andy) Anderson
303-421-4063
Email: [email protected]
