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 August 2, 1999
(Date of earliest event reported) (August 2, 1999)
USCI, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-22282 13-3702647
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
6115-A Jimmy Carter Blvd., Norcross, Georgia 30071
(Address of principal executive offices) (Zip Code)
(770) 840-8888
(Registrant's telephone number including area code)
(Former name or former address if changed since last report)
<PAGE>
Item 5.
On October 29, 1999, Ameritel Communications, Inc., a wholly-
owned subsidiary of the Registrant, filed a voluntary petition
under Chapter 11 of the U.S. Bankruptcy Code in the U.S.
Bankruptcy Court in the Southern District of New York. The
matter was assigned Case No. 99-11801.
On October 29, 1999, the Registrant announced the filing in
the following press release:
"NORCROSS, GA. October 29, 1999 - USCI, Inc. (OTCBB:USCM)
announced today that Ameritel Communications, a wholly-owned
subsidiary of USCI, Inc., has filed for protection from its
creditors under Chapter 11 of the U.S. Bankruptcy Code. The
filing was made in the U.S. Bankruptcy Court in the Southern
District of New York.
Ameritel will continue to serve its customers during the
reorganization process.
Ameritel intends to emerge from bankruptcy as a smaller and
more competitive company. It will emphasize working towards
its successful emergence from bankruptcy.
Headquartered in Norcross, GA, Ameritel's customer base is
located principally in the New York metropolitan area.
Contact:
Robert Kostrinsky, Executive Vice President 770/840-8888"
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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.
USCI, Inc.
(Registrant)
By: /s/ Robert J. Kostrinsky
Robert J. Kostrinsky
Executive Vice President
November 1, 1999
