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UNITED STATES
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
Date of Report (date of earliest event reported): September 6, 2005
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BROADCAST INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
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UTAH 0-13316 87-0395567
(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation or organization) Identification No.)
7050 UNION PARK AVENUE, SUITE 600
SALT LAKE CITY, UTAH 84047
(Address of principal executive offices) (Zip Code)
Registrant's telephone number: (801) 562-2252
Former name or former address, if changed since last report: Not Applicable
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))
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BROADCAST INTERNATIONAL, INC.
FORM 8-K
ITEM 5.02(d) APPOINTMENT OF DIRECTORS
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On September 6, 2005, our Board of Directors met and unanimously voted
to appoint Mr. Ronald W. White and Mr. James E. Solomon to the Board of
Directors. Mr. White will also serve as the Chairman of the Board and Mr.
Solomon will also serve as the Chairman of the Audit Committee. The new
members of the Board of Directors do not have any understandings or
relationships with third parties pursuant to which they were appointed to the
Board nor have they have had any prior relationship or transactions with us.
Mr. Ronald W. White has been, since 2002, a consultant and private
investor. Mr. White is a veteran of the telecommunications industry having
been a director of NMS Communications Corporation (NASDAQ:NMSS) since 1988,
and of AirNet Communications Corporation NASDAQ:ANCC) since 2004. From 1997
until 2002, he was a partner at Argo Global Capital, a venture capital fund
focused on wireless technology. From 1983 until 2002, Mr. White was a founder
and general partner of the Advanced Technology Development Funds, a venture
capital firm investing in information technology companies. While managing
ATDF he invested in six wireless companies that went public, including Nextel
Communications, Inc. (NASDAQ:NXTL). He holds a Bachelor of Engineering Science
degree in electrical engineering from Brigham Young University and a Master in
Business Administration degree from the Harvard Business School.
Mr. Solomon, 55, has been, since 1995, a self employed business
consultant primarily for emerging growth companies. Since January 2002, he
has provided his consulting services through his privately held company,
Corporate Development Services, Inc. From June, 1993, to the present he has
been an adjunct professor at the Graduate School of Business at the University
of Utah. Mr. Solomon serves on the Board of Directors of Nevada Chemicals,
Inc., a publicly-held chemical manufacturer, as well as several privately held
companies.
We have issued a press release regarding the appointment of these
gentlemen to our Board of Directors. A copy of the press release is attached
as Exhibit 99 to this Current Report on Form 8-K.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibit 99 - Press Release dated September 9, 2005.
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.
Date: September 9, 2005 BROADCAST INTERNATIONAL, INC.
a Utah corporation
By: /s/ Rod Tiede
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Name: Rod Tiede
Title: President and Chief Executive
Officer
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