UNITED STATES
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
Date of Report (Date of Earliest Event Reported):
December 4, 2006
GLOBAL INNOVATION CORP.
(Exact name of registrant as specified in its charter)
Delaware | 000-30794 | 20-5268517 |
(State of incorporation) | (Commission File No.) | (IRS Employer Identification No.) |
901 Hensley Lane Wylie, Texas | 75098 |
(Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code:(214) 291-1427
Integrated Performance Systems, Inc.
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a material Definitive Agreement.
On December 7, 2006, Best Circuit Boards, Inc., a wholly owned subsidiary of the Registrant announced the signing of a $2.5 million, two year supply agreement with AMX, LLC of Richardson, Texas a copy of which is attached to the Form 8-K as Exhibit 10.1. A press release with the full announcement was issued December 7, 2006 and is attached to the Form 8-K as Exhibit 99.1
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
On December 4, 2006, the Registrant issued a press release announcing the appointment of J. Brent Nolan to President and Chief Operating Officer. Mr. Nolan was previously Vice President and Chief Operating Officer. A press release with the full announcement is attached to the Form 8-K as Exhibit 99.2.
Item 9.01 Financial Statements and Exhibits.
(d) | Exhibits. | |
| | |
Number | | Description |
| | |
10.1 | | Supply Agreement between Best Circuit Boards, Inc. and AMX, LLC dated December 1, 2006. |
| | |
99.1 | | Press release issued December 7, 2006 |
| | |
99.2 | | Press release issued December 4, 2006 |
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.
| GLOBAL INNOVATION CORP. |
| | |
Dated:December 7, 2006 | By: | /s/ BRAD J. PETERS |
| Name: | Brad J. Peters |
| Title: | Vice President and Chief Financial Officer |