<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): November 16, 1998
ENHANCED SERVICES COMPANY, INC.
(Exact Name of Registrant as Specified in Charter)
Colorado 0-24256 76-0462973
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
3415 South Sepulveda Boulevard, Suite 500 Los Angeles, California 90034
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (310) 397-3003
<PAGE> 2
Item 1. CHANGES IN CONTROL OF REGISTRANT.
Not applicable.
Item 2. ACQUISITION OR DISPOSITION OF ASSETS.
Not applicable.
Item 3. BANKRUPTCY OR RECEIVERSHIP.
Not applicable.
Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
Not applicable.
Item 5. OTHER EVENTS.
On November 16, 1998, the Company announced the appointment of Robert
Chmiel as chief operating officer of the company.
The Company's Annual Stockholder Meeting, originally tentatively
scheduled for November 20, 1998, is being rescheduled for late December to
accommodate the further review and updating of proxy information prior to the
mailing of the proxy statement.
Item 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS.
Not applicable.
Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) and (b) Not Applicable
(c) Exhibits
99 Press release dated November 16, 1998, with respect to
Robert Chmiel
Item 8. CHANGE IN FISCAL YEAR.
Not applicable.
Item 9. SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S.
Not applicable.
2
<PAGE> 3
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.
Enhanced Services Company, Inc.
Registrant
Date: November 19, 1998 By: /s/ Robert C. Smith
---------------------------------
Robert C. Smith, Treasurer (Chief
Financial Officer and Authorized
Signatory)
3
<PAGE> 1
EXHIBIT 99
Monday November 16, 9:26 am Eastern Time
Company Press Release
SOURCE: Enhanced Services Company, Inc.
Disney Alumni Takes Helm At
Enhanced Services
LOS ANGELES, Nov. 16 /PRNewswire/ -- Enhanced Services Company, Inc. (Nasdaq:
ESVS - news) announced today that Robert Chmiel has been appointed chief
operating officer of the company, effective immediately.
Robert Smith, the company's chief financial officer, said, "We are delighted to
have a person of Rob's caliber and experience join our team at a time when we
are pursuing several strategic acquisitions within the Internet sector." Mr.
Chmiel was instrumental in the launch of Disney Online, a division of The Walt
Disney Company (NYSE: DIS - news), and served as its vice president of finance
and operations for three years. Most recently, Mr. Chmiel was chief financial
officer for BarnesAndNoble.com, a $65 million online book selling division of
Barnes & Noble, Inc. (NYSE: BKS - news), before its merger with Bertlesmann.
Mr. Chmiel said, "I am most pleased to accept a position with such a diverse
Internet solutions business. My immediate mandate is to build a first class
management team drawn from the elite of the e-commerce, Internet and financial
communities. We are pursuing some of the most innovative, acknowledged leaders
in these sectors, and by year end we expect to have them on board and to have
closed several acquisitions to provide a strong, diverse corporate base focused
on e-commerce and Web advertising."
Enhanced Services Company represents the convergence under one umbrella of
diverse services focused specifically on the Internet as a communications and
transaction medium creating a new specialty in the technology arena. The
combined enterprise is focused on attaining a unique, forerunning position as it
answers the full range of business demands that result from an ever-increasing
commercial reliance on the Internet.
Forward-looking statements in this release concerning trends or anticipated
operating results are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking statements are
not guarantees of future performance and are subject to risks and uncertainties
related to the company's operations.
These risks and uncertainties include, but are not limited to, competitive
factors (including the possibility of increased competition or technological
development, competitors and price pressures); legal factors (such as limited
protection of the company's proprietary technology and
<PAGE> 2
changes in government regulations); and the company's dependence on key
personnel and significant customers.
SOURCE: Enhanced Services Company, Inc.