SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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) August 24, 2000
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TechSys, Inc.
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(Exact Name of Registrant as Specified in Charter)
New Jersey 0-24542 22-3276736
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(State or Other Jurisdiction (Commission (I.R.S. Employer
Of Incorporation) File Number) Identification No.)
44 Aspen Drive, Livingston, New Jersey 07039
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (973) 422-1666
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Continental Choice Care, Inc.
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(Former Name or Former Address, if Changed Since Last Report)
INFORMATION TO BE INCLUDED IN THE REPORT
Item 5. Other Events.
Name Change and Nasdaq Symbol Change
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Effective at 12:01 a.m. on August 24, 2000, the registrant,
formerly Continental Choice Care, Inc., changed its name to TechSys, Inc. (the
"Company"). Effective upon the opening of business on August 24, 2000, the
Company changed its NASDAQ ticker symbol to TKSS. The Company's shareholders
approved the name change at the Annual Meeting of Shareholders held on August
16, 2000. Certificates representing shares of the Company's Common Stock issued
after the date of the name change will bear the new name and a new CUSIP number.
Shareholders will not be required to exchange old certificates for new
certificates.
TechSys, Inc.
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In July 2000, the Company implemented a business strategy that focuses
on investing in and acquiring information technology businesses based in
emerging markets with particular emphasis on India. The Company intends to focus
on the information technology sector, with an emphasis on software services and
internet-based call centers.
The Company, through a wholly-owned subsidiary, provides dry-cleaning
services primarily to the hospitality industry in the Phoeniz, Arizona area. The
Company operates a single plant and drop store and provides dry cleaning
services to certain hotels.
As part of the Company's sale of substantially all of its
dialysis-related assets to IHS of New York, Inc., the Company entered into a
consulting agreement with IHS. The Company provides certain consulting services
to IHS in consideration of an aggregate of $1,000,000 payable by IHS to the
Company over the term of the agreement, which expires in October 2000.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Financial Statements.
Not Applicable.
(b) Pro Forma Financial Information.
Not Applicable.
(c) Exhibits.
Exhibit 10.46 Certificate of Amendment to Certificate of
Incorporation, effective August 24, 2000.
Exhibit 99 Press Release issued August 23, 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.
TECHSYS, INC.
Date: August 24, 2000 By: STEVEN L. TRENK
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Steven L. Trenk
President
EXHIBIT INDEX
Exhibit No. Title
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Exhibit 10.46 Certificate of Amendment to Certificate of
Incorporation, effective August 24, 2000.
Exhibit 99 Press Release issued August 23, 2000.