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 25, 1996
Date of Report (Date of earliest event reported)
AMERICAN MOBILE SATELLITE CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 0-23044 93-0976127
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
10802 Parkridge Boulevard, Reston, Virginia 22091
(Address of principal executive offices) (Zip Code)
(703) 758-6000
(Registrant's telephone number, including area code)
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Item 5. Other Events
On July 25, 1996, American Mobile Satellite Corporation (the "Company")
released to the press the statement attached hereto as Exhibit 99.6 and
incorporated herein by this reference, announcing the election of Jack Shaw as a
director and as chairman of the board of directors of the Company, to replace
Anthony J. Iorillo, who resigned from the positions assumed by Mr. Shaw to
pursue retirement interests.
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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.
AMERICAN MOBILE SATELLITE CORPORATION
(Registrant)
Date: July 25, 1996 /s/ Patrick C. FitzPatrick
Patrick C. FitzPatrick
Vice President and Chief Financial Officer
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EXHIBIT INDEX
Exhibit
Number Exhibit
99.6 -- American Mobile Satellite Corporation Press Release
No. 96-#18 dated July 25, 1996 (filed herewith).
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Reference: 96-#18
FOR IMMEDIATE RELEASE
AMERICAN MOBILE SATELLITE CORPORATION APPOINTS NEW CHAIRMAN
Reston, VA, July 25, 1996--American Mobile Satellite Corporation (AMSC) (NASDAQ:
SKYC), a provider of voice, data and position reporting services, announced
today the appointment of Jack A. Shaw to its board of directors as chairman of
the board. Shaw, chairman and chief executive officer of Hughes Network Systems,
Inc., is also senior vice president of Hughes Electronics Corporation and a
member of the Hughes Electronics Office of the Chairman.
The appointment by AMSC's board of directors became effective during the
quarterly board meeting yesterday. Shaw replaces Anthony J. Iorillo as director
and chairman. Iorillo, a retired Hughes Aircraft Company senior vice president,
resigned from the AMSC board to pursue retirement interests.
"We welcome the strong leadership and direction that Jack Shaw brings to
our board of directors," Brian Pemberton, AMSC president and chief executive
officer, said in making the announcement.
Before joining Hughes through its acquisition of M/A-COM
Telecommunications, Inc., in 1987, Mr. Shaw held senior management positions
with companies including ITT Space Communications, Inc.; Digital Communications
Corporation; and M/A-COM. A 1962 graduate of Purdue University with a B.S. in
electrical engineering, Mr. Shaw attended the Sloan School of Management at
Massachusetts Institute of Technology.
-more-
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AMSC Appoints New Chairman--Page Two
Mr. Shaw maintains his post as chairman and chief executive officer of
Hughes Network Systems, a subsidiary of Hughes Electronics, one of the three
largest investors in AMSC. Hughes Network Systems, with annual revenues of over
$900 million, is the world's leading provider of interactive very small aperture
terminal (VSAT) networks, supplying 65% of the world market.
During the first quarter of 1996, Reston, VA-based American Mobile
Satellite Corporation began voice revenue service operations via its AMSC-1
satellite. Launched in 1995, AMSC-1 makes possible a full range of mobile
communications, including telephone, data and position reporting services to
land mobile, maritime, aeronautical, and fixed-site customers throughout the
continental United States, Alaska, Hawaii, Puerto Rico, the Virgin Islands and
hundreds of miles of U. S. coastal waters.
Press Contacts: Investor Contact:
Orly Konig-Lopez Jordan Darrow
American Mobile Satellite Corporation The Financial Relations Board
703/716-6522 212/661-8030
Martin Gitlin
The Financial Relations Board
212/661-8030
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