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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 or 15(d) OF THE
SECURITIES ACT OF 1934
Date of Report (Date of earliest event reported): May 11, 1998
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RACOM SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
Delaware
(State of or other jurisdiction of incorporation)
000-21907
(Commission File Number)
84-1182875
(IRS Employer Identification No.)
6080 Greenwood Plaza Blvd., Greenwood Village, CO
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(Address of principal executive offices)
80111
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(Zip code)
303-771-2077
(Telephone number, including area code)
ITEM 5 - OTHER EVENTS:
Racom Systems, Inc. announced on April 27, 1998, the appointment of John
A. Hinds as Chairman of its Board of Directors. "Under his management at
Verifone, AT&T and General Electric, customers benefited from Mr. Hinds'
ability to focus corporate assets and resources on market needs and
solutions," said Richard Horton, president and CEO of Racom. "In his new role
as Chairman, we also look forward to benefiting from his experience and
believe his leadership will reinforce Racom's long-term strategy to deliver
total solutions to the smart card market." Mr. Hinds replaces Charles Fear
who will remain on Racom's Board.
While at VeriFone, Mr. Hinds was responsible for all field operations
worldwide, including engineering, marketing, and sales of products in the
U.S. and in more than 80 countries internationally. He joined VeriFone in
March 1993 from AT&T, where he served as senior vice president,
international, of the parent company and president of AT&T International.
Prior to AT&T, Mr. Hinds spent 11 years with the General Electric company in
a variety of management positions. Mr. Hinds was also president of the
Geneva-based International Organization for Standardization for the 1992-1994
term. He serves on the boards of various domestic and international business,
cultural, and educational organization.
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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.
RACOM SYSTEMS, INC.
By: /s/ Richard L. Horton
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Richard L. Horton
President and CEO
Date: May 11, 1998
