1 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 June 24, 1996 Date of Report (date of earliest event reported) ADAPTIVE SOLUTIONS, INC. (Exact name of Registrant as specified in its charter) Oregon 0-22472 93-0981962 (State or other jurisdiction of (Commission File Number) (I.R.S. Employer incorporation or organization) Identification No.) 1400 N.W. Compton Drive, Suite 340 Beaverton, Oregon 97006 (Address of principal executive offices) (Zip Code) (503) 690-1236 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) 2 Item 5. Other Events On June 24, 1996, Adaptive Solutions, Inc., an Oregon corporation (the "Registrant"), announced a revised business strategy and expense reductions and that lower second quarter revenues were expected. Exhibits 99.1 Press Release dated June 24, 1996, relating to the Event. 3 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. Dated: July 17, 1996 ADAPTIVE SOLUTIONS, INC. By: /c/ Norm Rush ---------------------------------------- Norm Rush Controller (Principal Financial and Accounting Officer) 4 ADAPTIVE SOLUTIONS, INC. EXHIBIT INDEX Sequentially Numbered Document Page - - -------- ------------ 99.1 Press Release dated June 24, 1996, relating to the Event. 6