U. S. 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): June 2, 2000
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COMPUTER OUTSOURCING SERVICES, INC.
(Exact name of issuer as specified in its charter)
Delaware 0-20824 13-3252333
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(State or other jurisdiction of Commission (IRS Employer
incorporation or organization) file Number: Identification No.)
2 Christie Heights Street Leonia, New Jersey 07605
(Address of principal executive offices)
(201) 840-4700
(Issuer's telephone number)
N/A (Former name or former address, if changed
since last report.)
<PAGE>
ITEM 5. Other Events
The Registrant announced on June 2, 2000 that it would change its name
to Infocrossing, Inc. and its NASDAQ National Market Symbol to IFOX effective
June 5, 2000. In connection therewith, the Registrant issued the press release
attached hereto as Exhibit A. The name change had been approved at the
Registrant's Annual Meeting of Stockholders held on May 8, 2000.
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.
Computer Outsourcing Services, Inc.
Date: June 2, 2000 /s/
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Nicholas J. Letizia
Secretary & CFO
<PAGE>
EXHIBIT A
Contacts:
Infocrossing
Zach Lonstein, Chairman and CEO
201-840-4710
Vicki Weiner/Sylvia Dresner
VMW Corporate & Investor Relations
(212) 616-6161
[email protected]
For Immediate Release
INFOCROSSING BECOMES COSI'S OFFICIAL NAME ON JUNE 5
IFOX is New Nasdaq National Market Symbol
Leonia, New Jersey, June 2, 2000 -- Computer Outsourcing Services, Inc.
(Nasdaq:COSI) announced today that it is changing its name to Infocrossing, Inc.
on Monday, June 5, when its stock begins trading under a new Nasdaq National
Market symbol: IFOX. The name change reflects the Company's expanded focus to
include building and operating network neutral Internet Data Centers that offer
fully managed colocation services. Founded in 1984, the Company has a
longstanding track record for providing mission-critical data center services.
"We feel that the Infocrossing name highlights our expanded business
base, which now includes customer-centric Internet Data Centers that offer
secure, 24x7 managed colocation services. This new business area is positioned
for growth both in the US and abroad," said Chairman and CEO Zach Lonstein. The
name change was approved by shareholders at the Company's annual meeting on May
8.
About Infocrossing (www.infocrossing.com)
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Infocrossing, Inc., (Nasdaq: IFOX), is a full service provider of Internet Data
Centers, managed colocation and professional services to meet the growing
requirements of Internet Service Providers, growing dot-com companies and others
that outsource their e-business and Internet sites. This expanded service
offering builds on the Company's business base of providing mission-critical
data center outsourcing services. Infocrossing is planning to build 20
state-of-the-art, network-neutral Internet Data Centers in the next two years in
prime US markets and abroad. Infocrossing IDCs provide the highest degree of
availability, accessbility, reliability and security. The Company has a proven
record of accomplishment in managing mission-critical data centers and services
for Global 2000 companies.
This release contains forward-looking statements within the meaning of Section
21E of the Securities Exchange Act of 1934, as amended. As such, final results
could differ from estimates or expectations due to risks and uncertainties,
including but not limited to: incomplete or preliminary information; changes in
government regulations and policies; continued acceptance of the Company's
products and services in the marketplace; competitive factors; technological
changes; the Company's dependence upon third-party suppliers; intellectual
property rights; and other risks. For any of these factors, the Company claims
the protection of the safe harbor for forward-looking statements contained in
the Private Securities Litigation Reform Act of 1995, as amended.
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