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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
Date of Report (Date of earliest event reported): July 17, 1996
TCSI Corporation
(Exact name of registrant as specified in its charter)
Nevada 0-19377 68-0140975
(State of incorporation) (Commission (IRS Employer
File Number) Identification No.)
2121 Allston Way, Berkeley, California 94704
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (510) 649-3700
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Item 5. Other Events.
On July 17, 1996, TCSI Corporation issued a press release, a copy
of which is filed herewith as Exhibit 28.
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.
TCSI Corporation
By: /s/Paul A. Farmer
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Paul A. Farmer
Chief Financial Officer
Date: July 17, 1996
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INDEX TO EXHIBITS
28. Press Release, dated July 17, 1996
TCSI Names Four New Executives in Response to Global Growth
New Hires Bring Additional Telecom Software Experience
to TCSI International Operations
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For additional information contact:
TCSI Corporation
Investor Inquiries:
Leigh Salvo - (510) 649-3800
Press Inquiries:
Susan Trainer - (510) 837-5503
TCSI Names Four New Executives in Response to Global Growth
New Hires Bring Additional Telecom Software Experience
to TCSI International Operations
BERKELEY, Calif. - July 17, 1996 - TCSI Corporation (Nasdaq: TCSI), a
global provider of software to the Telecom industry, announced today that
it has hired four professionals to respond to the Company's international
growth. To manage the expanding operations in the Pacific Rim, Sakae
Murakami has been appointed project manager in the Japan office. Keith
Miller joins TCSI as director of product marketing, operating out of
offices in both Berkeley and England. Jim Collis and Mike McKay join TCSI's
new European team as director of business development and director of
engineering, respectively.
"This year, TCSI's five largest telecom customers include two North
American regional carriers, one European carrier, and two service providers
in the Pacific Rim. We believe the current geographic diversity of our
customer base will create new opportunities for our software products and
services in those markets with both existing and new customers," said Roger
Strauch, president and chief executive officer. "Software licensing fees
from our flagship product, Object Services Package (OSP), were up over 100
percent last year, and we believe the addition of these four seasoned
professionals will better position us to take advantage of our growing
marketplace."
Each individual has expertise in the Telecom industry and will work to
expand the Company's global sales channels and technical base. Miller,
formerly responsible for service management with the MCI/British Telecom
(BT) joint venture company, will spearhead TCSI's product management
processes and help drive the Company's product portfolio as the new
director of product marketing. Collis, previously with Computer Science
Corporation, Tandem, and Digital, has a wide background in selling software
solutions to the Telecom industry. He will serve to further advance TCSI's
sales throughout the European market.
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McKay, most recently with British Telecom's ServiceView in the UK, will be
responsible for leading and expanding the European technical base and
establishing TCSI's new "EuroCenter" in England. Murakami, a former Arthur
Andersen consultant, will oversee the growing engineering operations in
Japan and the Pacific Rim.
About TCSI Corporation's Products
TCSI provides telecommunication management applications that are built upon
the Company's flagship software product, Object Services Package (OSP). OSP
is a highly scalable industrial-strength distributed object development and
runtime environment for large, object-oriented client/server systems. Major
communications corporations worldwide use OSP to design, implement, and
deploy mission-critical applications for management and operations support
systems. The product provides an integrated environment for deploying
graphical user interfaces (X11/Motif and Windows), object services
(distributed object management and CORBA), and communications gateways
(SNMP, CMIP, and proprietary). OSP also provides persistent data storage in
relational databases from Informix Software, Inc., Oracle Corporation, and
Sybase, Inc.
TCSI Corporation
TCSI Corporation provides object-oriented software products, services, and
solutions to the Telecom industry worldwide. Service providers and
equipment manufacturers deploy TCSI's software to enable a range of
customer services, automated processes, and the management of broadband,
wireless, and intelligent networks. Based in Northern California, TCSI has
offices in North America, Europe, and the Pacific Rim. The Company reported
revenues of $55.4 million in 1995 and $18.5 million in the first quarter of
1996.
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