-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DCKl0lmk9mLUNZ5dbpUs2B2PZkBW0C0KFw/fgpG83lR/UwJmOfU3+hDIIDf9vWSz NoCZDeRTJdvJEfIaoymw5A== 0001166587-03-000068.txt : 20031014 0001166587-03-000068.hdr.sgml : 20031013 20031014165955 ACCESSION NUMBER: 0001166587-03-000068 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031013 ITEM INFORMATION: Other events FILED AS OF DATE: 20031014 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IMAGING TECHNOLOGIES CORP/CA CENTRAL INDEX KEY: 0000725394 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 330021693 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-12641 FILM NUMBER: 03940143 BUSINESS ADDRESS: STREET 1: 15175 INNOVATION DRIVE CITY: SAN DIEGO STATE: CA ZIP: 92128 BUSINESS PHONE: 6196131300 FORMER COMPANY: FORMER CONFORMED NAME: PERSONAL COMPUTER PRODUCTS INC DATE OF NAME CHANGE: 19920703 8-K 1 doc1.txt 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) OCTOBER 14, 2003 IMAGING TECHNOLOGIES CORPORATION (Exact Name of Registrant as Specified in its Charter)
DELAWARE . . . . . . . . 0-12641 33-0021693 (State of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.)
17075 Via Del Campo San Diego, California 92127 (Address of Principal Executive Offices) (858) 451-6120 (Registrant's telephone number, including area code): Not Applicable (Former Name or Former Address, if Changed Since Last Report) 4 ITEM 5. OTHER EVENTS The Registrant will be late in filing its Form 10-K for the year ended June 30, 2003. The delay is due to recent changes in the Registrant's independent accountants, who expect to complete their audit of the Registrant within the next week. Additionally, due to changes in the Registrant's independent accountants, the Form 10-K requires review of the Registrant's two prior independent accountants before the document can be filed. The Registrant has issued a press release, dated October 13, 2003, related to this matter. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 14, 2003 IMAGING TECHNOLOGIES CORPORATION By: /S/ Brian Bonar Name: Brian Bonar Title: Chairman, President, and Chief Executive Officer
EX-99.1 3 doc2.txt PRESS RELEASE CONTACT: - -------- Brian Bonar, Chief Executive Officer, Imaging Technologies Corporation 17075 Via Del Campo San Diego, CA 92127 (858) 451-6120 e-mail bbonar@itec.net IMAGING TECHNOLOGIES TO ISSUE FORM 10-K FOR YEAR ENDED JUNE 30, 2003 REPORT TO BE ISSUED WEEK OF OCTOBER 20, 2003 SAN DIEGO, October 14, 2003 /PRNewswire/ -- Imaging Technologies Corporation (OTC Bulletin Board: IMTO) today announced that will file its Form 10-K for the year ended June 30, 2003 during the week of October 20, 2003 - approximately one week late. Investors and shareholders are advised that it is likely that the Company's trading symbol on the NASD Electronic Bulletin Board will have an "e" designation due to the late filing. "The delay in issuing our Annual Report on Form 10-K is due to recent changes in our independent accountants," said Brian Bonar, ITEC Chairman and CEO. "ITEC's current independent accountants, appointed in September, expect to complete their work within the next week. However, the Company's prior auditors must also review the document, prior to its filing with the SEC," he explained. SEC requirements require the Form 10-K to be reviewed by independent accountants for three years (current plus two prior years). ITEC's 10-K will undergo review from the three independent accounting firms that have served ITEC over the past several years. As reported in ITEC's filing for the extension to file this Form 10-K, the Company anticipates that it will report lower gross revenues for the year ended June 30, 2003 as compared with the prior year because of lower product sales related to changes in business strategy. Revenues are estimated to be $4 million, most of which was realized in the 4th quarter. The Company also anticipates a substantial reduction in its net loss as compared to the prior year period. The Company expect to report a net loss of less than $5 million compared to a prior year loss of $13.7 million. ABOUT IMAGING TECHNOLOGIES CORP. Imaging Technologies Corporation (OTC Bulletin Board: IMTO) was founded in 1982. Headquartered in San Diego, California, the Company produces and distributes imaging products; and provides a variety of professional services related to human resources to businesses. ITEC's SourceOne and EnStructure subsidiaries are professional employer organizations that provide a variety of personnel and human resources services to small to medium-sized businesses. The Company owns controlling interested in Quik Pix, Inc. (Pink Sheets: QPIX), a leading visual marketing support firm located in Buena Park, California. The company's patented PhotoMotion is a unique color medium of multi-image transparencies. The process uses existing originals to create the illusion of movement, and allows for three to five distinct images to be displayed with an existing lightbox. ITEC's imaging products include its proprietary suite of software applications - ColorBlind - which is devoted to color management for desktop and commercial printing and graphic arts. The Company owns a controlling interest in Greenland Corporation. Greenland's ExpertHR subsidiary provides professional employer services (PEO) to niche markets. Greenland's Check Central subsidiary is an information technology company that has developed the Check Central Solutions' transaction processing system software and related MAXcash Automated Banking Machine (ABM kiosk designed to provide self-service check cashing and ATM-banking functionality. Greenland's common stock trades on the OTC Bulletin Board under the symbol GRLC. Information on the Company and its subsidiaries is available at the ITEC Web site at www.itec.net. Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.
-----END PRIVACY-ENHANCED MESSAGE-----