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): March 18, 1998
POMEROY COMPUTER RESOURCES, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-20022 31-1227808
(State or other jurisdiction (Commission
(IRS Employer
of incorporation) file number)
Identification No.)
1020 Petersburg Road, Hebron, KY 41048
(Address of principal executive offices)
Registrant's telephone number, including area code (606)586-0600
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Item 5. Other Events
On March 18, 1998, the Company completed the acquisition of
all of the stock of Global Combined Technologies, Inc., a
computer reseller and network integrator located in Oklahoma
City. A copy of the press release issued by the Company
regarding the acquisition is filed herewith as Exhibit 99.1.
Effective March 23, 1998, Edwin S. Weinstein resigned as a
Director of the Company.
Item 7. Exhibits
99.1 Press Release dated March 18, 1998
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.
POMEROY COMPUTER RESOURCES, INC.
Date: April 3, 1998 By: /s/ Stephen E. Pomeroy
Stephen E. Pomeroy, Chief
Financial Officer
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Exhibit 99.1
FOR IMMEDIATE RELEASE For more information:
Addie W. Rosenthal (606) 586-0600,
ext. 1424
POMEROY COMPUTER CLOSES ON GLOBAL ACQUISITION
March 18, 1998; Hebron, Kentucky: Pomeroy Computer Resources,
(NASDAQ symbol PMRY), today announced the closing of their
acquisition of Global Combined Technologies.
The acquisition of Global Combined Technologies, announced on
February 26th, was subject to Hart-Scott-Rodino approval, which
has now been granted. Global, headquarted in Oklahoma City, also
has facilities in Tulsa and in Dallas, Texas. For the year ended
December 31, 1997 Global recorded revenues of nearly $80 million.
Pomeroy Computer Resources is one of the country's five largest
network integrators, as calculated by Network VAR magazine, and
including this transaction has 29 regional facilities in Alabama,
Florida, Georgia, Indiana, Iowa, Kentucky, North Carolina, Ohio,
Oklahoma, South Carolina, Tennessee, Texas, Virginia and West
Virginia. For the year ended January 5, 1998, the Company reported
revenues in excess of $491 million.
-end-
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