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
October 27, 2000
Date of Report (Date of earliest event reported)
Euphonix, Inc.
(Exact name of registrant as specified in its charter)
California 0-26516 77-0189481
(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation) Identification No.)
220 Portage Avenue
Palo Alto, California 94306
(Address of principal executive offices)
(650) 855-0400
(Registrant's telephone number, including area code)
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Item 5. Other Events.
Effective as of September 29, 2000, James Dobbie resigned as Euphonix
Inc.'s Chief Executive Officer and resigned from the Board of Directors in order
to retire.
Effective as of October 2, 2000, Euphonix hired Steve Vining as Chief
Executive Officer. A copy of the press release announcing the hiring of Mr.
Vining is attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Exhibit Number Description
99.1 Press release dated October 2, 2000
1
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SIGNATURE
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.
Euphonix, Inc.
Dated: October 27, 2000
By:/s/ STEVE VINING
Steve Vining
Chief Executive Officer
2
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EXHIBIT INDEX
Exhibit Number Description
99.1 Press release dated October 2, 2000.
3
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Euphonix, Inc. 220 Portage Avenue, Palo Alto, CA 94306-2242,USA +1 650.855-0400;
Fax 855-0410; www.euphonix.com
For Release on Monday, October 2, 2000, at 6:00 A.M. PST
Contact: Piers Plaskitt, President
+1/650.846-1190; [email protected]
Music Industry Vet Steve Vining joins Euphonix as CEO
Palo Alto, CA (NASDAQ: EUPH) October 2, 2000. The Board of Directors of Euphonix
is pleased to announce the appointment of former Windham Hill Group President,
Steve Vining as Chief Executive Officer. With 20 successful years in the music
industry, Vining has served in a broad range of capacities and is widely
recognized as an innovative marketer. Twice recognized by Variety magazine as
one of the industry's most visionary executives (20 Execs with 20/20 Vision,
Variety July 1998, 1999), Vining has been instrumental in shaping the careers of
some of today's most successful recording artists. Windham Hill's transformation
into an adult music powerhouse during Vining's watch saw the label's market
share triple in four years through the use of an array of creative marketing
techniques including web based programs, national brand awareness campaigns for
print and electronic media and the production of full length television
programming.
"Steve Vining has an extraordinarily broad range of industry experience," notes
company founder and Chief Product Officer, Scott Silfvast. "Working with our
president, Piers Plaskitt, Steve will lead Euphonix into the exciting arena of
Internet Audio. In addition to bringing a wealth of music-industry knowledge and
relationships to Euphonix, Steve is equally versed in our other market segments,
including on-air broadcast, film and video post production. His presence will
add a new level of expertise to the dynamic management team here in Palo Alto,"
Silfvast concludes.
Prior to his tenure at Windham Hill, Vining was Vice President / General Manager
of BMG's U.S. Classics company, a role that included overseeing projects on the
legendary Red Seal label and the RCA Victor label as well as his work with
Manfred Eicher and his ECM label. It was during this time that Vining presided
over the meteoric rise in popularity of The Chieftains, whose success resulted
in 6 GRAMMY(R) Awards in the world and pop categories and over three million
units sold worldwide.
"Euphonix has long been recognized as an industry leader for developing
cutting-edge audio systems" Vining commented. "The recent Mix Magazine TEC Award
for the System 5 digital console (presented during the recent AES Convention in
Los Angeles) is testament to the outstanding level of technology being developed
by this exciting group. I'm looking forward to working with such a successful
team and applying aggressive marketing techniques to bring their ground breaking
innovations to broader use in a wide range of industries including applications
for the Internet."
Based in Silicon Valley California, Euphonix Inc. develops, manufactures and
supports networked digital audio systems for music, film & TV post-production,
broadcast, sound reinforcement and multimedia applications. In addition, the
company is developing software, hardware and support services for
Internet-enabled audio production throughout the entertainment industry.
Founded in 1988, Euphonix has delivered more large format digital-control mixing
consoles worldwide than any other manufacturer and is the first professional
console manufacturer to deliver the combination of a 24bit 96kHz audio console
and 48 track multitrack recorder to the industry. For more information call
(650) 855-0400 or visit the Euphonix web site at www.euphonix.com.
