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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) February 13, 2007
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NEOMAGIC CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 000-22009 77-0344424
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(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) Identification No.)
3250 Jay Street, Santa Clara, California 95054
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (408) 988-7020
Not Applicable
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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 (see General Instruction A.2. below):
[ ] 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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ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF PRINCIPAL OFFICERS.
On February 20, 2007, NeoMagic Corporation (the "Company") issued a press
release announcing that Scott Sullinger, Chief Financial Officer of the Company,
is leaving the Company to pursue other business interests. The full text of the
press release is attached hereto as Exhibit 99.1 and is incorporated herein by
reference. Mr. Sullinger will continue to act as the Company's Chief Financial
Officer until his departure. Following Mr. Sullinger's departure, H. Robert
Newman, the Company's Corporate Controller, will serve as the Company's interim
Chief Financial Officer until a successor is appointed.
Mr. Newman joined the Company in June 2000 and has held significant roles
in the Company's finance department, including Corporate Controller since
November 2004. Prior to joining NeoMagic, Mr. Newman worked in various financial
roles at Toshiba America Electronics Corporation and Conner Technology. Prior to
working in industry, Mr. Newman was an auditor with Deloitte and Touche, a
leading public accounting firm, and passed the American Institute Certified
Public Accountant's exam. Mr. Newman holds a B.B.A in Accountancy from the
University of Notre Dame and an M.B.A. from Santa Clara University.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
99.1 Press Release of NeoMagic Corporation dated February 20, 2007.
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.
NeoMagic Corporation
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(Registrant)
Date: February 20, 2007
/s/ Douglas R. Young
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Douglas R. Young
Chief Executive Officer
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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99.1 Press Release of NeoMagic Corporation dated February 20, 2007.