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): September 19, 2000 (September 14, 2000) IEXALT, INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) NEVADA 00-09322 75-1667097 (STATE OF INCORPORATION) (COMMISSION FILE NUMBER) (IRS EMPLOYER IDENTIFICATION NO.) 4301 WINDFERN HOUSTON, TEXAS 77041 (ADDRESS OF REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES INCLUDING ZIP CODE) (281) 600-4000 (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE) ITEM 5. OTHER MATTERS iExalt, Inc. ("iExalt") announced the resignations of Chairman and Chief Executive Officer Jack I. Tompkins and board member Jim P. Wise, effective September 13, 2000. Also, iExalt announced the resignation of Chief Operating Officer Kirwin Drouet, effective September 13, 2000. Both the board of directors and the resigning directors and officer stated that the resignations resulted from philosophical management differences. Donald W. Sapaugh, who was the President of iExalt, was elected as its Chairman and Chief Executive Officer. iExalt previously disclosed these resignation in a press release issued to BUSINESS WIRE on September 14, 2000. A copy of the press release issued by the Company relating to the acquisition is attached as an exhibit to this Current Report on Form 8-K. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) EXHIBITS. The following exhibits are filed herewith: EXHIBIT NO. DESCRIPTION ----------- ----------- *99.1 Press Release dated September 14, 2000. 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 19, 2000. iExalt, Inc. By: /S/ JAMES W. CARROLL James W. Carroll VICE PRESIDENT AND CHIEF ACCOUNTING OFFICER INDEX TO EXHIBITS The following exhibits are filed herewith: EXHIBIT NO. DESCRIPTION ----------- ----------- *99.1 Press Release dated September 14, 2000.