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 4, 2005
SYSCAN IMAGING, INC.
(Exact name of Registrant as Specified in its Charter)
DELAWARE
(State or Other Jurisdiction of Incorporation)
000-27773 59-3134518
(Commission File Number) (I.R.S. Employer Identification Number)
1772 TECHNOLOGY DRIVE
SAN JOSE, CALIFORNIA 95110
(Address of Principal Executive Offices, including Zip Code)
(408) 436-9888
(Registrant's Telephone Number, including Area Code)
1754 TECHNOLOGY DRIVE
SAN JOSE, CALIFORNIA 95110
(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)).
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF PRINCIPAL OFFICERS
Effective as of February 4, 2005, Syscan Imaging, Inc. (the "COMPANY")
terminated the employment of Stephen Yim as its Chief Financial Officer. On
February 4, 2005, the Company's board of directors approved the appointment of
William Hawkins, the Company's Chief Operating Officer, as the Company's interim
Chief Financial Officer while the Company searches for Mr. Yim's replacement.
Mr. Hawkins became the Company's Chief Operating Officer and Secretary on April
2, 2004. Mr. Hawkins has held various management positions at Syscan, Inc. since
1999, including V.P. of Sales and Marketing, President and General Manager of
the Syscan Imaging Group. Prior thereto, Mr. Hawkins' product focus has been
primarily in the imaging systems and computer peripheral markets, including
senior positions with General Electric (UK), Kaman Aerospace, British Aerospace
Engineering, Gartner Research and Per Scholas. Mr. Hawkins received a bachelor's
degree in physics from the University of Maryland in 1978 and an MBA from Johns
Hopkins University in Management of Technology Concentration (MOT).
This Current Report on Form 8-K may contain, among other things, certain
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, including, without limitation, (i) statements
with respect to the Company's plans, objectives, expectations and intentions;
and (ii) other statements identified by words such as "may", "could", "would",
"should", "believes", "expects", "anticipates", "estimates", "intends", "plans"
or similar expressions. These statements are based upon the current beliefs and
expectations of the Company's management and are subject to significant risks
and uncertainties. Actual results may differ from those set forth in the
forward-looking statements. These forward-looking statements involve certain
risks and uncertainties that are subject to change based on various factors
(many of which are beyond the Company's control).
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: February 10, 2005 By: /s/ Darwin Hu
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Darwin Hu, Chief Executive Officer