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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
January 6, 1998
(Date of Report)
MITEK SYSTEMS, INC.
(Exact Name of Registrant as Specified in its Charter)
Commission File No. 0-15235
Delaware 87-0418827
(State or Other Jurisdiction (IRS Employer Identification No.)
of Incorporation)
10070 Carroll Canyon Road
San Diego, California 92131
(Address of Principal Executive Offices)
(619) 635-5900
(Registrant's Telephone No.)
Item 5. Other Events.
Elliot Wassarman has been appointed Chief Executive Officer of Mitek
Systems, Inc. (the "Company") effective January 5, 1998. Mr. Wassarman has also
been appointed to the board of directors of the Company.
In addition, effective January 5, 1998, John Kessler resigned from the
position of Chief Executive Officer and the board of directors and assumed the
position of Chief Financial Officer.
The text of a press release dated December 23, 1997 announcing these
changes is attached as an exhibit and is incorporated herein by
reference.
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.
Dated: January 6, 1998 MITEK SYSTEMS, INC.
By: /s/John Thornton
John Thornton
Chairman of the Board of Directors
EXHIBIT INDEX
Sequentially
Exhibit Number Description Numbered Page
20.1 Text of press release dated December 23, 1997 *
FOR IMMEDIATE RELEASE
Contact: John Thornton
Mitek Systems, Inc.
10070 Carroll Canyon Road
San Diego, CA 92131
Tel: (619) 635-5900
Fax: (619) 635-5908
Web: http://www.miteksys.com
MITEK SYSTEMS, INC. APPOINTS PRESIDENT AND CHIEF EXECUTIVE OFFICE
SAN DIEGO -- (BUSINESS WIRE) -- Dec. 23, 1997 - Mitek Systems, Inc.
(NASDAQ:MITK) announced today that Elliot Wassarman has been appointed to the
position of president and chief executive officer for the company effective Jan.
5, 1998.
In addition, Wassarman was appointed to the board of directors of the
company. Concurrent with this appointment, the company announced the resignation
of John F. Kessler from these positions and his assumption of the duties of
chief financial officer. Wassarman has held similar positions in technology and
software industry related companies, including Promis Systems Corp., Teralinx
Communications Corp., Copam USA Inc., and until this appointment, Electric
Classifieds Inc. Wassarman also served in various senior global sales and
marketing roles during his career at both large public and private companies.
"We are very pleased with Elliot's decision to join the company and are
confident that his extensive leadership experience in the high-technology and
software areas will bring rapid improvement in the performance of the company.
It is believed that this experience will help to develop new channels of
distribution, forge strategic business alliances, and meet investor
expectations," said John M. Thornton, chairman of the board. His industry
knowledge, coupled with his leadership and management skills will bring this
dimension to us."
Mitek Systems, Inc. is a worldwide leader in neural imaging technology
located at 10070 Carroll Canyon Road, San Diego, CA 92131. The company's
document imaging and intelligent character recognition products and technology
are used in high-production automated data entry and forms processing
applicaitons. Mitek's products are installed in some of the largest companies
and government organizaitons in the world.