<PAGE>
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
BRITE VOICE SYSTEMS, INC.
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(Exact name of Registrant as specified in its Articles of Incorporation)
Kansas 0-17920 48-0986248
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(State or other jurisdiction (Commission File (I.R.S. Employer
of incorporation) Number) Identification No.)
250 International Parkway, Suite 300, Heathrow, Florida 32746
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (407) 357-1000
Not Applicable
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(Former name, or former address,
if changed since last report)
ITEM 5. OTHER EVENTS
On November 16, 1998, Brite Voice Systems, Inc. (the "Company")
announced the resignation of David S. Gergacz as Chairman of the Board of
Directors, President and Chief Executive Officer. The Company also announced
that Stanley G. Brannan, founder of the Company and a member of the Board of
Directors, will replace Mr. Gergacz on an interim basis, and that it will
commence a search for a new Chief Executive Officer immediately. On November
16, 1998, the Company issued a press release concerning Mr. Gergacz's
resignation, a copy of which is attached hereto as Exhibit 99.1 and is
incorporated by reference herein.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits
99.1 Press release of the Company dated November 16, 1998, relating
to the resignation of David S. Gergacz and the appointment of Stanley
G. Brannan as interim President and Chief Executive Officer.
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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.
BRITE VOICE SYSTEMS, INC.
By: /s/ Glenn A. Etherington
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Glenn A. Etherington
Chief Financial Officer
Dated: November 16, 1998
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
99.1 Press release of the Company dated November 16, 1998, relating
to the resignation of David S. Gergacz and the appointment of
Stanley G. Brannan as interim President and Chief Executive
Officer.
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[LETTERHEAD]
NEWS RELEASE EXHIBIT 99.1
CONTACT: GLENN ETHERINGTON, CHIEF FINANCIAL OFFICER, 407-357-1000
DAVID GERGACZ RESIGNS; STAN BRANNAN NAMED INTERIM CEO AND PRESIDENT OF BRITE
ORLANDO, Fla., Nov. 16, 1998 -- Brite Voice Systems (NASDAQ: BVSI)
announced today that David S. Gergacz has resigned as Chairman, CEO, and
President of the Company. Stanley G. Brannan, founder of the Company and a
member of the Board of Directors, will replace him on an interim basis.
Mr. Brannan said: "The Board of Directors is grateful for David's
contribution over the last two years. He has successfully focused us on
rapidly growing markets and more sizable new business opportunities. Now we
must execute this strategy in order to maximize our profit potential and
enhance shareholder value. I'm pleased that David will remain on the Board."
Mr. Brannan continued: "We have a sound management team that is very
capable of running the Company. I will return to the Company full-time, and
we will commence a search for a new CEO immediately."
Brite is a world leader in providing enhanced telecommunications systems
and interactive information systems, with offices and facilities around the
world. Brite's products include prepaid and enhanced calling card systems
for wireless and wireline communications companies, and IVR-CTI for service
companies. The company also provides managed service capabilities for these
products as well as telecommunications management services. Brite's
customers include major corporations around the world. Brite's world
headquarters is located in Heathrow, Florida, a suburb of Orlando.
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*SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995: This press release and public oral statements by Company
representatives, may contain certain forward-looking information that is
subject to certain risks and uncertainties that could cause actual results to
differ materially from those projected. Statements that are not historical
facts, including statements about confidence and strategies and plans and
expectations about new and existing products, services, technologies and
opportunities, industry growth, demand and acceptance of new and existing
products, and returns on investments in products and markets are
forward-looking statements that involve risks and uncertainties that could
significantly impact the Company. These include but are not limited to the
projected market for Brite's products and references to areas of the business
that provide greatest potential return for shareholders. Factors which could
cause actual expectations to differ materially from these projections include
changes in the global economic conditions in both established and emerging
markets, as well as the competitive environment within the industry. For a
discussion of other risks and uncertainties to which information respecting
future events is subject, see the Company's periodic reports on Forms 10-K
and 10-Q.
