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 6, 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 6, 1998, the Company signed a definitive agreement
to purchase certain assets and assume certain liabilities of
Combined Business Systems, Inc., a network integrator
located in Richmond, Virginia. A copy of the press release
issued by the Company regarding the acquisition is filed
herewith as Exhibit 99.3.
Item 7. Exhibits
99.3 Press Release dated March 6, 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: March 16, 1998 By: /s/ Stephen E. Pomeroy
Stephen E. Pomeroy, Chief
Financial Officer
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Exhibit 99.3
For Immediate Release For more information:
Addie W. Rosenthal (606) 586-0600,
ext. 1424
POMEROY COMPUTER ACQUIRES VIRGINIA-BASED COMPUTER INTEGRATOR
Hebron, KY: March 6, 1998: Pomeroy Computer Resources, Inc.,
(NASDAQ symbol _PMRY_), today announced the acquisition of
Commercial Business Systems, Inc., (CBS) a Richmond, Virginia-based
network integrator.
In addition to its Richmond headquarters, CBS has facilities in the
Charleston and Morgantown, West Virginia areas. For the year ended
October 31, 1997 CBS recorded revenues of $4.3 million.
States Chief Financial Officer Stephen E. Pomeroy, _Commercial is a
very well managed organization and has done an excellent job of
providing professional computer integration services to their
customer base. As a result, more than 40% of their total revenues
are services-related. Geographically, this acquisition complements
our current West Virginia location and adds coverage to the state
of Virginia._
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
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Virginia. For the year ended January 5, 1998, the Company reported
revenues in excess of $491 million.
The Company declined to disclose purchase specifics.
-end-
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