U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported):
June 16, 1997
MVSI, Inc.
(Exact name of registrant as specified in its charter)
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Delaware 0-26614 52-1707718
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
8133 Leesburg Pike, Suite 750, Vienna, VA 22182
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code:
(703) 356-5353
Former name or former address, if changed since last report:
n/a
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MVSI, INC.
INFORMATION TO BE INCLUDED IN THE REPORT
Item 1. Changes in Control of Registrant.
None.
Item 2. Acquisition or Disposition of Assets.
None.
Item 3. Bankruptcy or Receivership.
None.
Item 4. Changes in Registrant's Certifying Accountant.
None.
Item 5. Other Events.
On June 16, 1997, the Registrant (MVSI, Inc., Nasdaq: "MVSI")
completed the acquisition of all of the outstanding stock of
Expert, Inc. ("Expert"). Founded in 1991, Expert is a New York
area based contract manufacturer and marketer of proprietary and
generic computer systems products and services for advanced
computer systems integration and networking. MVSI exchanged
300,000 shares of MVSI common stock for all the shares of common
stock held by Expert's sole stockholder. The newly issued MVSI
shares in the acquisition are restricted and may not be sold for
at least one year from the date of issuance.
For the eight months ended March 31, 1997, Expert had revenues of
approximately $13 million and was profitable.
Item 6. Resignation of Registrant's Directors.
None.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
In accordance with Regulation S-B, Item 310(c), the Registrant has
determined that its acquisition of Expert, Inc. is not considered
to be a significant business combination. As none of the criteria
was met requiring the Registrant to provide financial statements or
pro forma financial information, and that such financial statements
and financial information are not readily available, the
Registrant, is not required to, and has not provided such financial
statements or financial information herein.
Item 8. Change in Fiscal Year.
None.
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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.
MVSI, INC.
Date: June 27, 1997 By: EDWARD RATKOVICH
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Edward Ratkovich
Chairman of the Board
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