Attached files
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| EX-99 - PRESS RELEASE - BROADCAST INTERNATIONAL INC | f8kledgerboardapptex99.htm |
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): May 12, 2011
BROADCAST INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
| UTAH | 0-13316 | 87-0395567 |
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer |
| 7050 UNION PARK AVENUE, SUITE 600 SALT LAKE CITY, UTAH | 84047 |
| (Address of principal executive offices) | (Zip Code) |
Registrant's telephone number: (801) 562-2252
Former name or former address, if changed since last report: Not Applicable
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)) |
BROADCAST INTERNATIONAL, INC.
FORM 8-K
ITEM 5.02(d) Appointment of Directors
On May 11, 2011, our Board of Directors unanimously voted to appoint Mr. Steven Ledger to the Board of Directors and to accept the resignation of Mr. James E. Solomon from the Board of Directors effective May 12, 2011. Mr. Solomon, a Board member since September, 2005, resigned from the Board to provide an available Board position for Mr. Ledger, but will remain as our Chief Financial Officer and Secretary.
Mr. Ledger does not have any understandings or relationships with third parties, pursuant to which he was appointed to the Board, but he has served as a consultant with us and will continue to provide financial consulting and planning services for us.
Steven Ledger, age 51, is the Founder and from September, 2002 to the present has been the Managing Partner at Tamalpais Partners LLC, a privately held company that acts as a principal investor in, and advisor to, emerging growth companies. From August, 1999 to December, 2002 he served as co-founder and managing partner of eCompanies Venture Group, a privately held company that managed an Internet focused, strategic venture capital fund whose investors included Sprint, Disney, Earthlink and Sun America. From January, 1994 to December, 1999, Mr. Ledger served as the co-founder and managing partner of Storie Partners, L.P., a technology focused investment fund that provided early lead investment capital to Earthlink Networks and SeeBeyond Technologies Corporation (acquired by Sun Microsystems). From September, 1989 to October, 1993 Mr. Ledger was a managing partner with Kayne Anderson Investment Management. Mr. Ledger graduated from the University of Connecticut in 1982 with a BA in Economics.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
Press Release dated May 17, 2011 regarding appointment of Mr. Ledger to the Board of Directors.
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: May 17, 2011
BROADCAST INTERNATIONAL, INC.
a Utah corporation
By:
/s/ Rod Tiede
Name:
Rod Tiede
Title:
President and Chief Executive Officer
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