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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
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PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): SEPTEMBER 18, 1998
CELLULAR TECHNICAL SERVICES COMPANY, INC.
(Exact Name of Registrant as Specified in its Charter)
DELAWARE 0-19437 11-2962080
(State or Other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
2401 FOURTH AVENUE
SEATTLE, WASHINGTON 98121
(Address of Principal Executive Offices) (Zip Code)
(206) 443-6400
(Registrant's telephone number, including area code)
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This Current Report on Form 8-K is filed by Cellular Technical Services
Company, Inc., a Delaware corporation (the "Company"), in connection with the
matters described herein.
ITEM 5. OTHER EVENTS
On September 18, 1998, the Company issued a press release (the "Press
Release") reporting that the Company named Joyce Jones as the new Chief
Operating Officer of the Company and a member of the Company's Board of
Directors.
A copy of the Press Release is attached to this report as Exhibit 99.01.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Financial statements of business acquired:
Not applicable.
(b) Pro forma financial information:
Not applicable.
(c) Exhibits:
99.01: Press Release dated September 18, 1998.
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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.
Date: September 23, 1998
CELLULAR TECHNICAL SERVICES,
COMPANY, INC.
By: /s/ Michael E. McConnell
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Michael E. McConnell
Chief Financial Officer
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EXHIBIT INDEX
Exhibit
Number Description
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99.01 Press Release dated September 18, 1998.
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EXHIBIT 99.01
FOR IMMEDIATE RELEASE Company Contact: Stephen Katz, CEO
(516) 887-0700 or
Mike McConnell, CFO
(206) 727-6342
CELLULAR TECHNICAL SERVICES NAMES JOYCE JONES AS CHIEF OPERATING OFFICER
Seattle, WA, September 18, 1998 - Cellular Technical Services Company, Inc.
(Nasdaq NM Symbol: CTSC) ("CTS"), a leading provider of real-time information
management systems for the wireless communications industry, today announced
that it has named Joyce Jones as Chief Operating Officer and a member of the CTS
Board of Directors. Jones, who was CTS's Vice President of Marketing and acting
Vice President of Engineering, brings more than 20 years of senior management
experience in the computer and data communications industries.
Stephen Katz, CTS Chairman and Chief Executive Officer, said, "Joyce has
demonstrated the strong leadership and entrepreneurial management style needed
to position our company for growth in this rapidly-changing business
environment. We are confident that Joyce will successfully lead us in our
overall mission to focus on our core competencies while increasing revenues and
decreasing expenses."
Prior to joining CTS, Jones was founder and president of Creative Business
Solutions, a management consulting firm specializing in software startup
ventures. From 1988 through 1995, Jones held various management positions for
Attachmate Corporation of Bellevue, Washington, a major international
manufacturer and marketer of enterprise communications software systems,
including Executive Vice President, Worldwide Products, Senior Vice President,
Product Management, and Vice President, Systems Engineering. Jones succeeds
Bill Zollner, who had been President and Chief Operating Officer from February
1997 until his recent departure from CTS.
CTS provides technologically advanced solutions for the wireless industry
to rapidly and cost-effectively grow their businesses. CTS's
Blackbird-Registered Trademark- Platform fraud prevention product line is
shutting down millions of cloned calls weekly in more than 40 of the largest
cellular markets across the United States.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release may
contain forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 that involve risks and uncertainties that could
cause actual results to differ materially from those expressed or implied in the
applicable statements. A description of these risks and uncertainties can be
found in the Cellular Technical Services Company, Inc. filings with the
Securities and Exchange Commission.
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