SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 16, 2000
LASER TECHNOLOGY, INC
(Exact Name of Registrant as Specified in Charter)
DELAWARE 1-11642 84-0970494
(State or Other Jurisdiction (Commission (IRS Employer
Of Incorporation) File Number) Identification No.)
7070 SOUTH TUCSON WAY, ENGLEWOOD, COLORADO 80112
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (303) 649-1000
FORM 8-K
Item 5. Other Events
On March 16, 2000, Laser Technology, Inc. (the "Company")
released for public dissemination the following Press Release,
presented in its entirety:
******
Laser Technology Announces Addition Of Nicholas J. Cooney to
Board of Directors
Elizabeth Hearty Appointed Corporate Secretary
ENGLEWOOD, Colo., March 16 /PRNewswire/ Laser Technology,
Inc. (Amex: LSR), a leading designer, manufacturer and marketer of
pulse laser measuring instruments and systems, today announced that
Mr. Nicholas J. Cooney has been appointed to the Company's Board of
Directors.
Mr. Cooney has over forty years of experience practicing law,
with an emphasis in corporate and financial areas, and carries a
broad investment banking background. For over 25 years, Mr. Cooney
was involved in the legal affairs of three major corporations;
Kidde, Inc. (formerly Walter Kidde & Co., Inc.), Ingersoll-Rand
Company and American Express Company. Mr. Cooney is also active as
an arbitrator. He joins other recent additions to Laser
Technology's Board of Directors, including William Behrens, Walter
Keay and Edward Cowle. Mr. Cooney's appointment increases the
number of outside directors to four and fills the last of four
recently-announced vacancies.
The Board believes that the combined experience of its newly
appointed outside board members, along with H. DeWorth Williams and
Jeremy Dunne, will provide the expertise needed as the Company
continues to explore growth opportunities and to pursue the
enhancement of shareholder value.
Additionally, Elizabeth Hearty has been appointed Corporate
Secretary of the Company. Ms. Hearty holds a B.S. degree in
accounting and has served as the Company's Controller since
September 1999. In her capacity as Controller she will report to
the President and Board of Directors on financial matters.
Laser Technology, Inc. manufactures and markets laser-based
speed and distance measuring instruments which utilize proprietary
technology developed by the Company. Its products are sold
worldwide and are used in a wide variety of applications, including
traffic speed enforcement, natural resource management, GIS
mapping, surveying, sporting/recreational activities, and
industrial process control. The Company's headquarters and primary
manufacturing facilities are located in Englewood, Colorado, and
its common stock traded on the American Stock Exchange under the
ticker symbol "LSR".
This press release includes statements which may constitute
"forward-looking" statements, usually containing the words
"believe," "project," "expect" or similar expressions. Any
forward-looking statements in this release are made pursuant to the
"safe harbor' provisions of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned forward-looking
statement inherently involve risks and uncertainties that could
cause actual results to differ materially from such forward-looking
statements. Factors that could cause or contribute to such
differences include, but are not limited to, continued acceptance
of the Company's products and services in the marketplace,
competitive factors, new products and technological developments,
dependence upon third-party vendors, and other risks detailed in
the Company's periodic report filings with the Securities and
Exchange Commission. By making these forward-looking statements,
the Company undertakes no obligation to update these statements for
revisions or changes after the date of this release.
For further information, please contact:
Maggie Urban-Phillips, Investor Relations at (303) 649-1000
Or
R. J. Falkner & Company, Investor Relations Counsel at
(800) 377-9893 or via e-mail at [email protected]
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.
Date: March 21, 2000 LASER TECHNOLOGY, INC.
By: /S/ Eric Miller
Eric Miller, President
