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):
January 5, 2005
ASTEA INTERNATIONAL INC.
(Exact name of registrant as specified in its charter)
Delaware 0-26330 23-2119058
(State of Incorporation) (Commission File Number) (IRS Employer
Identification No.)
240 Gibraltar Road
Horsham, PA 19044
(Address of principal executive offices, including zip code)
(215) 682-2500
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
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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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ITEM 5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
Effective January 5, 2005, Rick Etskovitz has been appointed as interim Chief
Financial Officer and Treasurer, replacing George Rapp, who has resigned those
positions. A copy of the press release relating to this transition is furnished
as Exhibit 99.1 to this report.
Mr. Etskovitz, 50, a partner in the Philadelphia accounting firm of Shechtman,
Marks, Devor & Etskovitz P.C., has previously served as Chief Financial Officer
and Treasurer of the Registrant, for the period from June 2000 until May 2004.
He has over 20 years of accounting and managerial experience, and a Bachelor of
Science degree from Pennsylvania State University and a Masters of Business
Administration degree from the Wharton School of the University of Pennsylvania.
Mr. Etskovitz will be compensated at an hourly rate, and will serve until the
search for a new permanent Chief Financial Officer and Treasurer has been
completed.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
The following exhibit is filed herewith:
EXHIBIT NO. DESCRIPTION OF EXHIBIT
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99.1 Press Release disseminated on January 7, 2005 by the Registrant
announcing the hiring of Rick Etskovitz as interim Chief
Financial Officer and Treasurer, replacing the departing George
Rapp.
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.
ASTEA INTERNATIONAL INC.
By: /s/ Zack Bergreen
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Zack Bergreen
Chief Executive Officer
Dated: January 7, 2005
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