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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 EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) May 28, 1998
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SYS
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(Exact Name of Registrant as Specified in Charter)
California 0-4169 95-2467354
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification Number)
9620 Chesapeake Drive, Suite 201, San Diego, CA 92123
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (619) 715-5500
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(none)
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENT
On May 28, 1998, the Company entered into an agreement terminating their
prior discussions and understandings related to the proposed formation of an
Ameritech environmental services business, a company originally proposed to be
formed with Laurie Eugene Fling ("Fling").
Under terms of the settlement agreement entered into with Fling, the
Company paid Fling the sum of $2,000 and Fling agreed to release any and all
claims Fling has or may have against the Company.
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 of the
undersigned hereunto duly authorized.
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SYS
(Registrant)
Date: June 3, 1998 By: /s/ W. Gerald Newmin
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W. Gerald Newmin, Secretary