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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): July 27, 2001
booktech.com, inc.
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(Exact Name of Registrant as Specified in Charter)
Nevada 000-26903 88-0409153
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(State or Other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
42 Cummings Park, Woburn, MA 01801
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (781) 933-5400
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ITEM 5. OTHER EVENTS
BOOKTECH.COM RETAINS ATLAS CAPITAL SERVICES, INC. TO EXPLORE STRATEGIC
ALTERNATIVES
WOBURN, Mass.--(BUSINESS WIRE)--July 31, 2001-- booktech.com, Inc. (AMEX:BTC), a
leader in on-demand publishing for education and training, today announced that
it has retained the New York based investment banking firm of Atlas Capital
Services, Inc. to advise the company on strategic alternatives to maximize
shareholder value.
"We are very pleased to announce this relationship with Atlas Capital Services,"
said William G. Christie, Chairman of the Board and Chief Executive Officer of
booktech.com, Inc. "Although as I have said in the past, booktech.com's
innovated solutions have incredible potential to revolutionize the way textbooks
are delivered to the educational communities, I am mindful of the short and long
term challenges facing the company, including the tough business attitudes in
the markets toward our business sector, and the challenges we face in raising
additional capital to meet our business requirements. Under these circumstances,
it is prudent for the company to consider alternatives to the status quo."
Christie concluded, "Atlas Capital is an excellent company, and I am pleased to
have their guidance in evaluating what is best for booktech.com and our
shareholders."
Marat Roisenberg, Executive Vice-President of Atlas Capital Services added, "We
are excited to work with booktech.com in exploring the company's strategic
alternatives, including a possible merger or sale, to expand and capitalize on
booktech's recognized brand name and to enhance shareholder value."
Booktech also announced that two of its Board members have resigned. Barry
Romeril and Dr. Sherry Turkle have stepped down as members of the Board.
About booktech.com
booktech.com (www.booktech.com) is a digital and online publisher of customized
textbooks, coursepacks, and other educational materials for higher education,
K-12, distance education, non-profit organizations, and corporate training.
Since its inception in 1995, booktech.com has published 7,000 individual
customized textbook titles for more than 3,000 professors on 500 campuses, in
addition to a K-12 book titles.
Certain of the statements in this news release are forward-looking statements.
While these statements reflect the Company's beliefs, they are subject to
uncertainties and risks that could cause actual results to differ materially
from the results predicted and reported results should not be considered an
indication of future performance.
Contact:
Booktech.com, Inc.
Richard Lewis Associates
Richard Lewis, 818/955-5481
rlewis@dicentertainment.com
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report on Form 8-K to be signed on its behalf by
the undersigned hereunto duly authorized.
booktech.com, inc.
Dated: Aug 1, 2001 By: /s/ WILLIAM G. CHRISTIE
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William G. Christie
President and Chief Executive Officer