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UNITED STATES 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
June 18, 1998
Date of Report (Date of earliest event reported)
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INTEGRATED MEASUREMENT SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
OREGON 93-0840631
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
Commission File No. 0-26274
9525 S.W. GEMINI DRIVE, BEAVERTON OR 97008
(Address of principal executive officers) (zip code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (503) 626-7117
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ITEM 5. OTHER EVENTS
Press Release
IMS Announces CFO, Sar Ramadan Leaves to Join ONYX Software
On June 18, 1998, Integrated Measurement Systems, Inc. announced
that its Chief Financial Officer, Sar Ramadan will be departing
July 15, 1998, and has accepted a position at ONYX Software of
Bellevue, Washington. Full text is attached to this report as
Exhibit 99a.
ITEM 6. EXHIBITS
(exhibit reference numbers refer to Item 601 of Regulation S-K)
99. Press Release -- IMS ANNOUNCES CFO, SAR RAMADAN LEAVES TO JOIN
ONYX SOFTWARE
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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 thereunto duly authorized on June 22, 1998.
INTEGRATED MEASUREMENT SYSTEMS, INC.
(Registrant)
/s/ Keith Barnes
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Keith Barnes
Chief Executive Officer
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EXHIBIT 99
PRESS RELEASE
FOR IMMEDIATE RELEASE
IMS ANNOUNCES CFO, SAR RAMADAN LEAVES TO JOIN ONYX SOFTWARE
Beaverton, OR - June 18, 1998 - Integrated Measurement Systems, Inc. (NASDAQ:
IMSC) announced today that its Chief Financial Officer, Sar Ramadan will be
departing July 15, 1998, and has accepted a position at ONYX Software of
Bellevue, Washington. In his new position Mr. Ramadan will retain the title of
Chief Financial Officer with a career path to Chief Operating Officer.
"Sar was instrumental in helping IMS grow profitably over the last five years
and in completing two successful public offerings," said Keith Barnes, President
and Chief Executive Officer. "We truly wish him well and we will miss him.
Mr. Ramadan added, "I believe IMS has a sound strategy and great prospects. The
company is well positioned in its markets. I have enjoyed the last five years
with the IMS team and have learned a great deal."
Mr. David Allworth, IMS' Corporate Controller, will assume the duties of interim
CFO while the search for a permanent CFO is conducted.
IMS designs, manufactures, markets and services a family of versatile, high
performance engineering Test Stations used to verify and characterize complex
electronic devices. In addition, the Company develops, markets and supports a
line of Virtual Test Software that permits design and test engineers to automate
test program development and to conduct simulated tests of electronic device
designs prior to the fabrication of the prototype of the actual device.
IMS products enable its customers to shorten time-to-market, enhance accuracy of
design, reduce both the time required to test and the cost of testing the
customers' devices and provide reliable and prompt feedback to both design and
test engineers.
