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): February 12, 1998
GEOTEK COMMUNICATIONS, INC.
(Exact name of registrant as specified in charter)
Delaware 0-17581 22-2358635
(State or other juris- (Commission File Number) (IRS Employer
diction of incorporation Identification No.)
102 Chestnut Ridge Road, Montvale, New Jersey 07645
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 201-930-9305
N/A
(Former name or former address, if changed since last report.)
Exhibit Index located on Page 5
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Item 5. Other Events
Attached as an exhibit hereto is a copy of the press release issued by
Geotek Communications, Inc. dated February 12, 1998 announcing the
departure of Robert Kerstein, Chief Financial Officer, the appointment
of Anne E. Eisele as Senior Vice President and Chief Financial
Officer, as well as the promotions of Randy J. Miller to Vice
President and Treasurer and Valerie E. DePiro to Vice President, Chief
Accounting Officer and Corporate Controller.
2
<PAGE>
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
(99) Press Release dated February 12, 1998.
3
<PAGE>
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.
Dated: February 17, 1998 GEOTEK COMMUNICATIONS, INC.
/s/ Valerie E. DePiro
-----------------------------------
Name: Valerie E. DePiro
Title: Vice President and
Chief Accounting Officer
4
<PAGE>
EXHIBIT INDEX
Exhibit No.
- -----------
(c)(99) Press Release dated February 12, 1998.
5
EXHIBIT (c)(99)
<PAGE>
Contact: Tom Humphries/Elysa Gonzalez
201-930-9305
GEOTEK NAMES NEW CHIEF FINANCIAL OFFICER
Montvale, New Jersey - February 12, 1998 - Geotek Communications, Inc.
(Nasdaq:GOTK) today announced the appointment of Anne E. Eisele as Senior Vice
President and Chief Financial Officer. Ms. Eisele replaces Robert Kerstein, who
is leaving the company to become Chief Financial Officer of Angel Technologies,
a privately held wireless company.
Prior to joining Geotek, Ms. Eisele was President, Chief Financial Officer and
Chief Operating Officer of DeSoto, Inc., a $100 million manufacturer and
marketer of consumer and industrial products. During her twelve year tenure at
DeSoto, Ms. Eisele held several senior financial and operations positions,
culminating in her promotion from Chief Financial Officer to President in 1995.
She remained in that position through DeSoto's acquisition by Keystone
Consolidated Industries in late 1996. Prior to DeSoto, Inc., Ms. Eisele spent
seven years with Deloitte & Touche LLP.
"Anne brings proven leadership capabilities and strong hands-on experience in
finance and operations to Geotek," said Yaron Eitan, Chairman and CEO of Geotek.
"We're pleased to welcome Anne to our senior management team and we look forward
to her making a significant contribution to our future growth."
(more)
<PAGE>
GEOTEK NAMES NEW CHIEF FINANCIAL OFFICER
p. 2/2
Ms. Eisele is a member of the Economic Club of Chicago, Financial Executives
Institute, AICPA, Illinois CPA Society. She is a Certified Public Accountant,
and earned a Bachelors of Business Administration in Accounting from the
University of Notre Dame.
Additionally, the company announced the promotions of Randy J. Miller to Vice
President and Treasurer, and Valerie E. DePiro to Vice President, Chief
Accounting Officer and Corporate Controller. Ms. Miller joined Geotek in 1993
and has served as Vice President of Corporate and Investor Relations since 1996.
Ms. DePiro joined Geotek in 1995 and served as Director of Financial Reporting
and Analysis. Prior to joining the company, Ms. DePiro was with Coopers &
Lybrand L.L.P.
Geotek Communications, Inc. is a provider of mobile business solutions and
services. The Company targets selected transportation, distribution, field
service and contracting industry segments and is currently providing wireless
services areas in Dallas, Houston, Galveston, San Antonio, Phoenix, Boston, New
York/New Jersey, Philadelphia, Delaware, Washington D.C., Baltimore, Northern
Virginia, Orlando, Tampa, Central and Southern Florida. For more information on
Geotek, visit our web site at www.geotek.com or call 1-888-39-FLEET.
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