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
MAY 15, 1995
(Date of earliest event reported)
TECH-SYM CORPORATION
(Exact Name of Registrant as Specified in Charter)
NEVADA 74-1509818
(State or Other Jurisdiction of (IRS Employer Identification No.)
Incorporation)
1-4371
(Commission File Number)
10500 Westoffice Drive
Houston, Texas 77042
(Address of Principal Executive Office)
(713) 785-7790
(Registrant's telephone number, including area code)
<PAGE>
ITEM 5. OTHER EVENTS
The information set forth in the press release of the registrant dated
May 15, 1995, which is filed as an exhibit hereto, is incorporated herein by
reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
The following exhibits are filed herewith:
99(a) -- Press release issued by the registrant dated May 15, 1995.
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.
TECH-SYM CORPORATION
By: R. F. THOMPSON
Name: R. F. Thompson
Title: Vice President, Treasurer and
May 15, 1995 Chief Financial Officer
EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION
- ------- -----------
99(a) -- Press release issued by the registrant dated May 15, 1995.
PRESS RELEASE
TECH-SYM SIGNS DEFINITIVE AGREEMENT TO ACQUIRE COGNISEIS
Houston, Texas, May 15, 1995 -- Tech-Sym Corporation (NYSE:TSY) today
announced that it has signed a definitive merger agreement to acquire all the
outstanding stock of CogniSeis Development, Inc. ("CogniSeis") in exchange for
Tech-Sym Common Stock valued at $20 million. The merger is intended to be
treated as a pooling of interests.
CogniSeis develops, markets and licenses seismic processing and geologic
interpretation systems. Under the terms of the agreement, CogniSeis will merge
with a newly formed subsidiary of Tech-Sym. The proposed transaction is subject
to receipt of certain regulatory approvals and approval by the shareholders of
CogniSeis at a special meeting to be held before August 31, 1995.
Tech-Sym Corporation is a diversified electronics engineering and
manufacturing company primarily involved in the design, development, and
production of products used for communications, seismic exploration for
hydrocarbons, defense systems, and environmental monitoring.
# # #
For further information, please contact:
Wendell W. Gamel Robert P. Jones/Adam Steinberg
Chairman and President Lee Foley - Media Relations
Tech-Sym Corporation Morgen-Walke Associates
10500 Westoffice Drive 380 Lexington Avenue, 50th Floor
Houston, texas 77042 New York, New York 10168
(713) 785-7790 (212) 850-5600
