SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20509
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act
January 29, 2007
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Date of Report
(Date of Earliest Event Reported)
WIZZARD SOFTWARE CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
COLORADO 000-33381 87-0609860
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(State or other juris- (Commission File No.) (IRS Employee
diction of incorporation) I.D. No.)
5001 Baum Boulevard
Pittsburgh, Pennsylvania 15213
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(Address of Principal Executive Offices)
(412) 621-0902
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Registrant's Telephone Number
N/A
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Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02. Departure of Directors or Principal Officers; Election of
Directors; Appointment of Principal Officers.
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On January 29, 2007, the Board of Directors of Wizzard Software
Corporation, a Colorado corporation (the "Company"), unanimously
consented to appoint John L. Busshaus as its Chief Financial Officer, to
serve until the next annual meeting of the Company's stockholders or his
prior resignation or termination.
Mr. Busshaus is 43 years of age. He graduated from the Clarion
University, Clarion, Pennsylvania, in 1985, with a B.S. degree in
Accounting. From 2001 to 2004, Mr. Busshaus was Chief Financial Officer
of Talanga International. Mr. Busshaus was an independent business
consultant in 2000 as well as from 2004 until his hiring as controller
of Wizzard Software Corporation in April of 2006.
There are no family relationships between Mr. Busshaus and any
other executive officer or director of the Company.
During the past two years, there have been no material
transactions, series of similar transactions or currently proposed
transactions, to which the Company or any of our subsidiaries was or is
to be a party, in which the amount involved exceeded $60,000 and in
which Mr. Busshaus or any member of his immediate family had a material
interest.
The Company does not have an employment agreement with Mr.
Busshaus.
On May 22, 2006, the Company and Mr. Busshaus executed a Stock
Option Plan and Agreement (the "Plan"), whereby the Company granted to
Mr. Busshaus the option to purchase up to 137,500 shares of the
Company's common stock, taking into account the Company's one-for-ten
stock dividend that was paid in October, 2006. On May 26, 2006, the
Company filed with the Securities and Exchange Commission a Registration
Statement on Form S-8 with respect to the Plan shares.
Options to purchase 22,000 Plan shares became exercisable on May
22, 2006, and options for the remaining 115,500 shares will become
exercisable on March 31, 2007. As of the date hereof, Mr. Busshaus has
not exercised any of his Plan options.
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.
WIZZARD SOFTWARE CORPORATION
Date: 1/29/07 /s/ Christopher J. Spencer
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Christopher J. Spencer, Chief Executive
Officer and President