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 and Exchange Act of 1934
Date of Report: (Date of earliest event reported): June 2, 2004
I-SECTOR CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 0-21479 76-0515249
(State of Incorporation) (Commission File Number) (IRS Employer Identification No.)
6401 SOUTHWEST FREEWAY
HOUSTON, TEXAS 77074
(Address of Registrant's principal executive offices)
(713) 795-2000
(Registrant's telephone number, including area code)
(NOT APPLICABLE)
(Former name or former address, if changed since last report)
ITEM 12. OTHER EVENTS
On June 4, 2004, I-Sector Corporation issued the following press release
announcing the exercise of the over-allotment option in connection with its
recent public offering of units:
HOUSTON--(BUSINESS WIRE)--June 4, 2004--I-Sector Corporation (AMEX:ISR - News)
announced today that the underwriters of its recent public offering have
exercised in full the over-allotment option related to the offering. An
additional 75,000 Units were issued related to the exercise of the
over-allotment option, and the company realized net proceeds of $1,132,950
related to the exercise of the over-allotment option.
The offering is made only by means of a prospectus, a copy of which may be
obtained from Paulson Investment Company, Syndicate Department, 811 SW Naito
Parkway, Suite 200, Portland, Oregon 97204, phone 503-243-6000, fax
503-243-6018.
A registration statement relating to these securities was filed with and has
been declared effective by the Securities and Exchange Commission. This press
release shall not constitute an offer to sell or the solicitation of an offer to
buy nor shall there be any sale of these securities in any state in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.
SAFE HARBOR STATEMENT
The statements contained in this document that are not statements of historical
fact, including but not limited to, statements identified by the use of terms
such as "expect," "intend," "may," "will," and other variations or negative
expressions of these terms, are "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995 and involve a number of
risks and uncertainties. The actual results of the future events described in
the forward-looking statements in this document could differ materially from
those stated in the forward-looking statements due to numerous factors,
including factors set forth in the company's most recent Annual Report on Form
10-K for the year ended December 31, 2002, or, actions by the American Stock
Exchange. Recipients of this document are cautioned to consider these risks and
uncertainties and to not place undue reliance on these forward-looking
statements. The company expressly disclaims any obligation or undertaking to
update or revise any forward-looking statement contained herein to reflect any
change in the company's expectations with regard thereto or any change in
events, conditions or circumstances upon which any statement is based.
ABOUT I-SECTOR CORPORATION
I-Sector Corporation, headquartered in Houston, Texas (AMEX:ISR - News), owns
and operates companies that are engaged in the area of information and
communications technology, with a particular focus on Cisco-centric network
infrastructure and IP telephony solutions. Additional information about I-Sector
is available on the Internet at www.I-Sector.com.
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Contact:
I-Sector Corporation
James H. Long, 713-795-2000
or
Investor Relations Contact:
PR Financial Marketing LLC.
Jim Blackman, 713-256-0369
jimblackman@prfinancialmarketing.com
SIGNATURE
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: June 4, 2004
I-SECTOR CORPORATION
By: /s/ JAMES H. LONG
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James H. Long
Chief Executive Officer,
Chief Financial Officer and
Chairman of the Board