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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
JANUARY 30, 1997
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DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)
ABR INFORMATION SERVICES, INC.
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Florida 0-24132 59-3228107
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
34125 U.S. Highway 19 North, Palm Harbor, Florida 34684-2116
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(Address of principal executive offices including zip code)
(813) 785-2819
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(Registrant's telephone number, including area code)
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Item 5. Other Items
On January 30, 1997, James P. O'Drobinak joined ABR
Information Services, Inc., a Florida corporation (the "Company"), as Senior
Vice President and Chief Financial Officer. From 1995 until joining the
Company, Mr. O'Drobinak served as Chief Financial Officer - North America for
Danka Industries, Inc. ("Danka"), a publicly-held company that is the largest
independent retail distributor of office equipment in North America. Mr.
O'Drobinak's responsibilities with Danka included directing all of Danka's
North American acquisitions and overseeing all aspects of financial operations
for each of Danka's six North American operating divisions. From 1983 to 1995,
Mr. O'Drobinak held various positions with Deloitte & Touche LLP, an
international accounting and consulting firm, most recently as a Senior Manager
of the Tampa, Florida office.
The Company also has created two new wholly-owned subsidiaries
to expand its benefits outsourcing offerings to include retirement plan
administration services to employers and compliance services to insurance
carriers. ABR Qualified Plan Services, Inc., a Florida Corporation ("QPSI"),
provides employers with a complete menu of retirement plan administrative
services, including administration of 401(k), profit sharing and other types of
retirement plans. QPSI currently services more than 250 clients through several
strategic alliances with financial institutions. These strategic alliances
provide QPSI with a source of ongoing new business.
The Company's other new subsidiary, ABR Coverage Continuation
Services, Inc., also a Florida corporation ("CCSI"), currently provides
services to insurance carriers who are required to comply with the Florida
Health Insurance Coverage Continuation Act, Florida Statutes Section 627.6692.
The compliance services required by the new Florida law are similar in many
respects to those required by federal COBRA (the "Consolidated Omnibus
Reconciliation Act") law, which are administered by the Company's CobraServ
subsidiary. However, while CobraServ assists employers in satisfying the
requirements of federal COBRA law, CCSI will focus on providing services to
insurance carriers in fulfilling their compliance requirements under state
insurance portability laws, such as the Florida Health Insurance Coverage
Continuation Act.
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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.
ABR INFORMATION SERVICES, INC.
By: /s/ James P. O'Drobinak
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James P. O'Drobinak,
Senior Vice President and Chief
Financial Officer
Date: February 28, 1997
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