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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
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PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): August 9, 1996
STARBASE CORPORATION
(Exact Name of Registrant as Specified in its Charter)
DELAWARE 0-25612 33-0567363
(State or Other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
18872 MACARTHUR BOULEVARD,
IRVINE, CALIFORNIA 92612
(Address of Principal Executive Offices) (Zip Code)
(714) 442-4400
(Registrant's telephone number, including area code)
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This Current Report on Form 8-K is filed by StarBase Corporation, a
Delaware corporation (the "Company"), in connection with the matters described
herein.
ITEM 5. OTHER EVENTS
On August 9, 1996, Alan M. Davis was named to succeed William R. Stow III,
the co-founder and Co-Chairman of StarBase Corporation (the "Company"), as
President and Chief Executive Officer. Mr. Stow will serve as Chairman of the
Company.
Mr. Davis has served as a Director and Chief Operating Officer of the
Company since January 1996. He has also been a partner in Potrero Management
Partners, a high technology venture and consulting firm since 1995. From 1989
through 1990, he served as Director of Software Technology and Marketing for
MIPS Computer Systems. Prior to 1989, he served as General Manager of the
Systems Division of Integrated Automation. He has also held various senior
management positions at Intel and Bell & Howell.
In addition, Michael G. Lyons, who has served as Co-Chairman of the
Company, has relinquished that position, but will continue to serve as a
Director of the Company.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
99.1 Press release dated August 9, 1996 which was released August 12, 1996.
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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.
Date: August 13, 1996 STARBASE CORPORATION
By: /s/ ROBERT W. LEIMENA
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Robert W. Leimena
Chief Financial Officer
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EXHIBIT INDEX
Exhibit
No. Description Page
- ------- ------------------------------------ ----
99.1 Press release dated August 9, 1996. 5
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Exhibit 99.1
STARBASE NAMES ALAN M. DAVIS PRESIDENT AND CEO - Co-founder William Stow to
Serve as Chairman
Irvine, Calif., August 9, 1996--William R. Stow III, co-founder and
Co-chairman of StarBase Corporation (NASDAQ: SBAS) today announced on behalf
of the Board of Directors that Alan M. Davis has been named to immediately
succeed him as President and Chief Executive Officer. Stow will serve as
Chairman of the company.
StarBase is the producer of StarTeam, an award winning software suite that
integrate the most important functions of the application development process.
StarTeam allows companies to more effectively implement and manage development
projects that span across workgroups and remote locations via the Internet and
other corporate networks.
"Since he joined us in January, Al has made a significant contribution in
improving the organization and overall management of the company," said Stow.
"In doing so, he has earned the respect of the board, our employees, customers
and investors. The new management team has poised the company for significant
growth in a rapidly expanding market."
Davis has served as a Director and Chief Operating Officer of StarBase since
January. He has also been serving as a partner in Potrero Management
Partners, a high technology venture and consulting firm since 1995. From 1989
through 1990, he served as Director of Software Technology and Marketing for
MIPS Computer Systems. Prior to 1989, he served as General Manager of the
Systems Division of Integrated Automation. He has also held various senior
management positions at Intel and Bell & Howell.
StarBase also announced that Michael G. Lyons, who has served as Co-chairman
of the company, has relinquished that position and will continue to serve as
a Director of the company. In addition, the company announced that Donald
R. Farrow, who was serving as Vice President of Sales, has been appointed to
the position of Vice President, Sales and Marketing. Prior to joining
StarBase, Farrow has held management positions at Novell, Wyse Technology and
Symantec.
Davis said that Stow, who has been the visionary force behind StarTeam, will
focus his attention on advancing the company's mission to enhance, expand and
evolve the capabilities of configuration management and team productivity in
the corporate application development environment.
"Bill's intimate understanding of the technology that is driving the corporate
software application development process gives our company instant credibility
among customers, consulting firms and the media covering this segment of the
market," Davis said. "Bill conceived a great idea and nurtured it through the
development process. In doing so, he helped create a solid company that is
now ready to move forward and provide the development market a unique solution
to one of its most significant problems."
"Our immediate challenge is to generate awareness and demand for StarBase
products. As more customers are exposed to the StarTeam concept of
integrating version control, defect tracking, conversation management and
reporting tools into a single system, we believe a new standard will be
established," Davis said.
"Market requirements for managing the application development process are
changing, with more and more companies out-sourcing projects to remote locales
beyond the traditional development environment. StarTeam is the only product
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on the market that fully meets the challenges created by the new realities of
corporate software development."
StarBase, with headquarters in Irvine, Ca., produces integrated team
development tools that improve the efficiency and effectiveness of developing
software applications for business. StarTeam has won several awards including
the PC Week LABS Top Product of 1995 -- Application Development Utilities and
PC Week IT Excellence Award, 1996. More information about StarBase and its
products are available by accessing its web site: http://www.starbasecorp.com.
StarBase and StarTeam are trademarks of StarBase Corporation
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