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EX-99.1 - PRESS RELEASE - Paybox Corp.kl12011_ex99-1.htm
 


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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):  December 13, 2011
 
               
 
DIRECT INSITE CORP.
(Exact Name of Registrant as Specified in Charter)

Delaware
0-20660
11-2895590
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(I.R.S. Employer
Identification No.)

13450 West Sunrise Boulevard, Suite 510, Sunrise, Florida
(Address of Principal Executive Offices)
 
 
33323
(Zip Code)

Registrant’s telephone number, including area code:  (631) 873-2900

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 (see General Instruction A.2. below):

r
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
r
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 
 
 

 
 

 
Item 8.01
Other Events.
 
On December 13, 2011, John J. Murabito was appointed Chairman of the Board of Directors of the Company, effective January 1, 2012.  Mr. Murabito was elected to the Board of Directors on May 25, 2011.  The Company’s current Chairman of the Board, Michael Levin, is handing over his position as Chairman due to his relocation and professional commitments outside of the United States, although he will continue to serve as a Director of the Company.
 
Attached as Exhibit 99.1 is a copy of a press release of Direct Insite Corp. (the “Company”), dated December 19, 2011, reporting the change in the Company’s Chairman of the Board.
 
Item 9.01
Financial Statements and Exhibits.
 
(d)   Exhibits
 
Exhibit No.
Description
 
99.1
Press Release dated December 19, 2011.
 
 
 
 
 

 
 
 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, Direct Insite Corp. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
DIRECT INSITE CORP
 
 
/s/ Matthew E. Oakes                  
Matthew E. Oakes
Chief Executive Officer
 
Dated:  December 19, 2011
 

 
 
 

 
 

 
EXHIBIT INDEX
 
 
Exhibit No.
Description
 
99.1
Press Release dated November 19, 2011.