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U.S. 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
NOVEMBER 8, 1996
VIDEOLABS, INC.
(Name of Small Business Issuer in its charter)
COMMISSION FILE NUMBER: 34-0-23-868
DELAWARE 41-1726281
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
10925 BREN ROAD EAST, MINNEAPOLIS, MN 55343
(Address of principal executive offices) (Zip code)
Registrants telephone number, including area code: (612) 988-0055
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ITEM 1. CHANGES IN CONTROL OF REGISTRANT.
NONE
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
NONE
ITEM 3. BANKRUPTCY OR RECEIVERSHIP.
NONE
ITEM 4. CHANGES IN REGISTRANTS CERTIFYING ACCOUNTANT.
NONE
ITEM 5. OTHER EVENTS.
VideoLabs announced the retirement of its CEO and President, Ward C.
Johnson. Johnson was a founder of the Company and has been President since
1992. Johnson will remain as Chairman of the Board, and a Director of
VideoLabs until the next annual meeting of shareholders. He will also continue
to assist in bringing several new product introductions to completion.
Mr. Johnson's successor is James Hansen, a business advisor.
Hansen will serve as CEO and President on an interim basis until a permanent
selection can be made. Mr. Hansen will provide strategic input and leadership,
and evaluate potential options to optimize shareholder value for the Company.
ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS.
NONE
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
NONE
ITEM 8. CHANGE IN FISCAL YEAR.
NONE
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.
REGISTRANT: VIDEOLABS, INC.
DATE NOVEMBER 8, 1996 SIGNATURE /s/ F.J. BROGHAMMER
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F.J. BROGHAMMER,
CHIEF FINANCIAL OFFICER