SAJA Sajan, Inc.

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): January 7, 2015

 

Sajan, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware		000-51560		41-1881957
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)
625 Whitetail Blvd., River Falls, Wisconsin				54022
(Address of principal executive offices)				(Zip Code)

 

(715) 426-9505

(Registrant’s telephone number, including area code) 

 

 (Former name and 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:

 

¨	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 Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On January 7, 2015, Angel Zimmerman notified Sajan, Inc. (“the Company”) that she will retire from her position as Chief Operating Officer, effective upon the Company hiring a replacement. Ms. Zimmerman will serve as a full-time employee for a short time following the hiring of her replacement and thereafter as a non-employee in a consulting capacity for at least three months, acting as an advisor to the Chief Executive Officer and new Chief Operating Officer in order to assure an orderly transition of the Chief Operating Officer position. She also intends to continue to serve on the Company’s Board of Directors.

 

On January 7, 2015, the Company issued a press release regarding Ms. Zimmerman’s retirement. The full text of the press release is attached as Exhibit 99.1 to this Form 8-K.

 

Item 9.01.

Financial Statements and Exhibits.

 

(d)

Exhibits

 

	Exhibit No.		Description
	99.1		Press Release issued on January 7, 2015.

 

 

 

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.

 

	SAJAN, INC.
	By: /s/ Thomas P. Skiba
	Thomas P. Skiba, Chief Financial Officer
Date:  January 8, 2015

 

 

 

 

SAJAN, INC.

FORM 8-K CURRENT REPORT

INDEX TO EXHIBITS

 

Exhibit No.		Description
99.1		Press Release issued on January 7, 2015.

 

 

 

 

 

 

 

Exhibit 99.1

  

PRESS RELEASE January 7, 2015

For Immediate Release Contact: Tom Skiba Chief Financial Officer email: tskiba@sajan.com phone: 715-426-9505

 

 

Sajan Announces Pending Retirement of Angel Zimmerman

 

RIVER FALLS, Wis. – January 7, 2015: Sajan, Inc. (SAJA), a leading provider of global language services and translation management system technology, today announced that Angel Zimmerman will retire from her position as chief operating officer following an orderly transition to her replacement. The company will begin actively recruiting for a replacement and no schedule has been set for the transition.

 

Ms. Zimmerman observed that "Sajan is in a really good place right now and has tremendous growth prospects. I have been COO for 18 years and believe it’s time for someone new to assume this role, someone with new ideas to move Sajan to its next level. Personally, I'm excited to begin a new chapter of my life while maintaining a role at Sajan." Ms. Zimmerman will remain on Sajan's board of directors.

 

"Angel has been a key guiding force in Sajan's development and growth to date. We respect her decision and look forward to her continued involvement on the board and as a major shareholder” stated Shannon Zimmerman, Sajan's Chairman and CEO.

 

About Sajan

 

Sajan is a leading provider of global language translation and localization services, helping clients around the world expand seamlessly into any global market. The foundation of Sajan’s solution is its industry-leading language translation management system technology, Sajan Transplicity, which provides process automation and innovative multilingual content reuse to ensure schedule predictability, higher quality and cost efficiencies for its clients. By working closely with its clients, Sajan’s experienced team of localization professionals develops tailored solutions that lend flexibility to any large or small business that truly desires to “think globally but act locally.” Based in the United States, Sajan also has offices in Ireland, Spain and Singapore. Visit Sajan online at www.sajan.com.

 

Forward-looking statements

 

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for certain forward-looking statements. The company’s Annual Report on Form 10-K, its Quarterly Report on Form 10-Q and other filings with the Securities and Exchange Commission, the Company’s press releases and oral statements made with the approval of an authorized executive officer, contain forward-looking statements that reflect the company’s current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. The words “aim,” “believe,” “expect,” “anticipate,” “intend,” “estimate” and other expressions that indicate future events and trends identify forward-looking statements. Actual future results and trends may differ materially from historical results or those anticipated depending on a variety of factors, including but not limited to those set forth in the company’s Annual Report on Form 10-K for the year ended December 31, 2013, filed with the Securities and Exchange Commission on March 21, 2014, under the heading “Item 1A. Risk Factors,” its Quarterly Reports on Form 10-Q filed since then and its other filings with the Securities and Exchange Commission. The company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.