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 14, 2005
POMEROY IT SOLUTIONS, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-20022 31-1227808
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1020 Petersburg Road, Hebron, KY 41048
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(Address of principal executive offices and Zip Code)
Registrant's telephone number, including area code (859) 586-0600
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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))
Section 8 - Other Events
Item 8.01 Other Events.
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Pomeroy IT Solutions, Inc. (NASDAQ:PMRY), a leading national provider of
information technology solutions, announced it has been awarded their largest
services contract in the Company's 25-year history. The Company estimates that
it will generate revenues of approximately $150M dollars over the next three
years under this contract. Under the contract, the Company will provide a broad
array of technology services ranging from application development to database
management to a global leader in information technology business solutions. The
Company currently anticipates that this contract will result in the addition of
more than 500 people with advanced technical skill sets to the Company's
national consulting practice in the first year of the contract.
Certain of the statements in the preceding paragraphs regarding projected
revenues, additional technical personnel, and service capabilities constitute
"forward-looking statements" for purposes of the Securities Act of 1933 and the
Securities Exchange Act of 1934, as amended, and as such they involve known and
unknown risks, uncertainties and other factors which may cause actual results to
be materially different from those projected. Further, projected revenues
contained in such statements are based on the estimated needs of the customers
as conveyed to Pomeroy. Other factors which could cause actual results to differ
materially from current expectations include, but are not limited to, the terms
of applicable agreements and assumptions regarding the Company's performance
thereunder, the nature and volume of products and services anticipated to be
delivered, existing market and competitive conditions including the overall
demand for IT products and services, and the ability to attract and retain
technical and other highly skilled personnel.
Section 9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
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(c) Exhibits
99.1 Press release dated July 14, 2005 announcing an IT Services Contract
Valued at Approximately $150M Over 3 Years
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.
POMEROY IT SOLUTIONS, INC.
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Date: July 15, 2005 By: /s/ Michael E. Rohrkemper
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Michael E. Rohrkemper, Chief Financial
Officer and Chief Accounting Officer