-----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, RqAh9w9824dR/MSYUbx2jaOzo0VWG5AF+Mz7mg4X0/o9uN3sh85NeCsYPGlm4ScU KxRzIVpZkPDBzX2HhUgZmA== 0000950147-97-000690.txt : 19971014 0000950147-97-000690.hdr.sgml : 19971014 ACCESSION NUMBER: 0000950147-97-000690 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19971010 ITEM INFORMATION: FILED AS OF DATE: 19971010 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: ORTHOLOGIC CORP CENTRAL INDEX KEY: 0000887151 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 860585310 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-21214 FILM NUMBER: 97694300 BUSINESS ADDRESS: STREET 1: 2850 S 36TH ST #16 CITY: PHOENIX STATE: AZ ZIP: 85034 BUSINESS PHONE: 6024375520 MAIL ADDRESS: STREET 1: 2850 S 36TH ST STREET 2: SUITE 16 CITY: PHOENIX STATE: AZ ZIP: 85034 8-K 1 FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 Date of report (Date of earliest event reported) October 10, 1997 ------------------------ OrthoLogic Corp. - -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Its Charter) Delaware - -------------------------------------------------------------------------------- (State or Other Jurisdiction of Incorporation) 0-21214 86-0585310 - ------------------------------- ------------------------------------ (Commission File Number) (I.R.S. Employer Identification No.) 2850 South 36th Street, Phoenix, Arizona 85034 - -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (602) 437-5520 - -------------------------------------------------------------------------------- (Registrant's Telephone Number, Including Area Code) Item 5. Other Events. On October 10, 1997, OrthoLogic Corp. announced the appointment of Thomas R. Trotter, 49, to the position of president and CEO. He will join the company on October 20 and will be appointed a member of the Board of Directors. Trotter, formerly president, critical care division, of St. Louis-based Mallinckrodt, Inc., brings a 20-year career in the medical-device industry to OrthoLogic, as well as extensive expertise in sales and marketing. "With this announcement, OrthoLogic reinforces its corporate philosophy of focusing on innovation, integrity and initiative," said Dr. Allan M. Weinstein, OrthoLogic's founder and former chairman and CEO, who last month assumed the title of vice chairman. "Tom is an extremely capable, action-oriented individual with an outstanding record of success in various size companies ranging from venture start-ups to billion-dollar multinationals. In handing over the reins to Tom Trotter, I'm confident he is the man to take us to the next level of growth and profitability." John M. Holliman III, OrthoLogic's chairman and a founding institutional investor, added, "We couldn't be more delighted that Tom has joined us. We fully expect that Tom's leadership will enable us to continue bringing innovative, quality products to market, reinforce our existing product line, and add sustained value for our shareholders." Prior to his most recent post, Trotter held various other positions with Mallinckrodt, including senior vice president, U.S. markets; group vice president, anesthesiology and critical care division; and vice president and general manager, critical care division. Before joining Mallinckrodt in 1988, Trotter was president and CEO of Diamond Sensor Systems, a successful Ann Arbor, Mich.-based venture start-up and held senior general management positions with Shiley, Inc., Irvine, Calif., then a division of Pfizer, Inc. "I look forward to leading OrthoLogic into a new era of growth," said Trotter. "As a key part of my initial charter, I plan to focus on sales and marketing to accelerate the growth of innovative products in continuous passive motion and bone-growth stimulation as well as build sales of exciting new products such as Hyalgan." Trotter replaces Dr. Frank Magee, who served as acting president and oversaw day-to-day operations of the company during the recruitment process. Dr. Magee will assume the position of executive vice president. Dr. Weinstein will continue to focus his activities exclusively on strategic business opportunities and will remain a member of the Board of Directors. OrthoLogic, founded in 1987, develops, manufactures and markets proprietary technologically advanced orthopedic devices designed to promote the healing of musculoskeletal tissue. The statements in this report regarding growth, sales and profitability of the company are forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, the acceptance and effectiveness of new management, potential costs and delays in integrating the direct sales force, potential costs and delays in integrating acquisitions, and the company's dependence for sales on approval by third-party payers. The forward-looking statements should be considered in light of these risks and uncertainties. 2 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. ORTHOLOGIC CORP. (Registrant) October 10, 1997 By /s/ Allen R. Dunaway ------------------------------- Allen R. Dunaway Chief Financial Officer 3 -----END PRIVACY-ENHANCED MESSAGE-----