SANCTUARY WOODS MULTIMEDIA CORP
8-K, 1997-08-06
COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Previous: ECCS INC, S-2, 1997-08-06
Next: SIGNAL TECHNOLOGY CORP, SC 13G, 1997-08-06



<PAGE>   1
                       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

                                  July 21, 1997
- --------------------------------------------------------------------------------
                Date of Report (Date of earliest event reported)


                     SANCTUARY WOODS MULTIMEDIA CORPORATION
- --------------------------------------------------------------------------------
             (Exact name of Registrant as specified in its charter)

                                    Delaware
- --------------------------------------------------------------------------------
                 (State or other jurisdiction of incorporation)

                    000-21510                        75-2444109
         ------------------------------     ---------------------------
              (Commission File No.)        (IRS Employer Identification
                                                       Number)
                                   
                             1825 South Grant Street
                           San Mateo, California 94402
                                 (415) 286-6000
- --------------------------------------------------------------------------------
                    (Address of Principal Executive Offices)

                                 Not Applicable
- --------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)



<PAGE>   2

Item 5. Other Events

         On July 29, 1997, Sanctuary Woods Multimedia Corporation(the "Company")
announced in a press release that Charlotte Walker, Chairman, President and
Chief Executive Officer had resigned effective as of July 24, 1997. The Company
also announced that N. John Campbell resigned from the Board of Directors
effective July 21, 1997. Marylyn Rosenblum, formerly Acting Executive Vice
President of Education, was appointed acting President and Chief Executive
Officer.

         A copy of the press release issued by the Company is filed herewith as
Exhibit 99.1 and is incorporated by reference herein.



Item 7. Financial Statements and Exhibits

         (c)      Exhibits

                  99.1 Press Release dated July 29, 1997.


<PAGE>   3

                                   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.


                              SANCTUARY WOODS MULTIMEDIA CORPORATION


                              By: /s/ MARYLYN ROSENBLUM
                                 -------------------------
                                      Marylyn Rosenblum, President and
                                      Chief Executive Officer

                              Dated:  July 30, 1997


<PAGE>   4

                                INDEX TO EXHIBITS



     EXHIBIT
      NUMBER                  DESCRIPTION
      ------                  -----------


       99.1            Press release dated July 29, 1997.





<PAGE>   1
                                                                    Exhibit 99.1

Tuesday July 29 11:06 AM EDT

Company Press Release

Source: Sanctuary Woods Multimedia Corporation

Sanctuary Woods Multimedia Announces Appointment Of New Management

SAN MATEO, Calif., July 29 /PRNewswire/ -- Sanctuary Woods Multimedia
Corporation (OTC:SWMC) today announced that President and Chief Executive
Officer Charlotte Walker has tendered her resignation in order to pursue other
opportunities. Ms. Walker resigned her position as a director and officer
effective as of July 24, 1997. In addition, board member N. John Campbell
resigned from the Board of Directors effective July 21, 1997. Marylyn Rosenblum,
previously Acting Executive Vice President of Education will become Acting
President and Chief Executive Officer while a search is undertaken for a
permanent replacement.

Ms. Rosenblum has more than 20 years of experience in managing sales, marketing,
public relations, and product development in educational multimedia. She has
held the position of Vice President of Education Sales and Marketing at both
Softkey International, Inc. (now Learning Company) and Broderbund Software, Inc.
Beginning in 1996, she provided such consulting services to Sanctuary Woods and
Theatrix Interactive, Inc. among other clients.

About Sanctuary Woods

Founded in 1988, San Mateo-based Sanctuary Woods Multimedia is the innovative
developer of the Head Coach(TM) line of sports-based educational software titles
derived from unique licensing agreements with NFL(TM) Properties, the National
Football League Players Incorporated and Major League Baseball Properties.
Current titles include Major League Math(TM), Major League Reading(TM), NFL(TM)
Math and NFL(TM) Reading. Major League Math Second Edition was recently awarded
Newsweek Magazine(TM) "Editor's Choice" award. The company also manufacturers
the popular Franklin series which includes Franklin Learns Math, Franklin's
Reading World and Franklin's Activity Center. All are based on the popular
Franklin storybook character.



<PAGE>   2

Sanctuary Woods can be reached at 800-943-3664 or visit the company's Web site
located at http://www.ah-hah.com.

Sanctuary Woods is a registered trademark, and Head Coach is a trademark of
Sanctuary Woods Multimedia. Hollywood, Math Heads, Theatrix, Theatrix
Interactive and the Theatrix logo are the trademarks of Theatrix Interactive.
Franklin is a trademark of Kids Can Press Ltd. Major League Math and Major
League Reading are trademarks of Major League Baseball Properties, Inc. NFL is a
trademark of National Football League Properties.


SOURCE: Sanctuary Woods Multimedia Corporation
Contact: Corporate: Marylyn Rosenblum of Sanctuary Woods,
415-286-6025, or [email protected]; or Press: Melissa Rabin,
[email protected] or Lauren Finkelman,
[email protected], both of S&S Public Relations, Inc., 800-287-2279





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission