form8k.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 the earliest event reported): December 18, 2009
Aspyra, Inc.
(Exact
Name of Registrant as Specified in Its Charter)
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California
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001-13268
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95-3353465
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(State
or Other Jurisdiction of
Incorporation)
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(Commission
File
Number)
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(IRS
Employer
Identification
No.)
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4360
Park Terrace Drive, Suite 220
Westlake
Village, CA 91361
(Address
of Principal Executive Offices) (Zip Code)
(818)
880-6700
(Registrant’s
Telephone Number, Including Area Code)
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:
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement communications pursuant to
Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o
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 Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On
December 18, 2009, Rodney Schutt resigned from his position as Chief
Executive Officer and Director of Aspyra, Inc. (the “Company”) to pursue other
opportunities. Mr. Schutt’s decision to resign did not arise or
result from any disagreement with the Company on any matters relating to the
Company’s operations, policies or practices. Additionally, on
December 18, 2009, the Company’s Board of Directors appointed Ademola Lawal, 34,
to serve as the Company’s Chief Executive Officer. Since April 2009,
Mr. Lawal has served as the Company’s Chief Operating Officer. Mr.
Lawal joined the Company in 2008. Prior to joining the Company, Mr. Lawal
spent six years at GE Healthcare where he was a Director of Service leading a
$57 million P&L that provided field service on diagnostic imaging equipment
and clinical systems at hospitals and imaging centers. Mr. Lawal also earned his
Six Sigma Black Belt certification at GE Healthcare. Prior to GE, he was at KPMG
Consulting where he conducted various reorganization, valuation and benchmarking
projects. Mr. Lawal holds an MBA from Harvard Business School and a
Bachelor of Science from the University of Virginia with concentration in
Accounting and Management Information Systems. He is a Certified Public
Accountant.
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.
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December
18, 2009
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Aspyra, Inc.
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/s/
Anahita Villafane
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Anahita
Villafane
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Chief
Financial Officer
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