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) August
14,
2007
SIGN MEDIA SYSTEMS,
INC.
(Exact name of registrant as specified in its charter)
Florida
0-50742
02-0555904
(State
or
other jurisdiction of
incorporation) (Commission File
Number) (IRS
Employer Identification
No.)
2100 19th Street, Sarasota,
FL
34234
(Address
of principal executive
offices)
(Zip Code)
Issuer’s
telephone number including Area
Code
(941)
330-0336
Not
Applicable
(Former
name of 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))
Section
5 - Corporate Governance and Management
Item
5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
1. Effective
August 14, 2007, the Company’s Board of Directors voted to elect Dennis D. Derr
as a Director of the Company, to fill a vacancy on the Board of Directors
occasioned by the earlier resignation of a member of the Board of Directors
as
disclosed in the Company’s Form 8-K, Current Report, dated June 18, 2007 and
filed with the Securities and Exchange Commission on July 18, 2007, which
is
hereby incorporated in this Form 8-K, Current Report, by reference.
2. The
Company knows of no arrangements or understandings between the new Director
identified herein and other persons.
3. At
this time the Company’s Board of Directors has not made any provision for
committees of the Board. Therefore, it is not anticipated that the
new Director identified herein will be appointed to any such committee in
the
foreseeable future.
4. There
have been no transactions, since the beginning of the Company’s last fiscal
year, or any currently proposed transaction, in which the Company was or
is to
be a participant and the amount involved exceeds the lesser of $120,000 or
one
percent of the average of the Company’s total assets at year-end for the last
three completed fiscal years, and in which the newly elected Director identified
herein, had or will have a direct or indirect material interest.
5. The
Company has not entered into, adopted, or otherwise commenced any material
plan,
contract or arrangement (whether or not written) to which the newly elected
Director identified herein, is a party or in which he participates that has
entered into or material amendment in connection with election of Dennis
D. Derr
as a Director or any grant or to any such covered person or modification
thereto, under any such plan, contract or arrangement in connection with
any
such event.
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.
REGISTRANT:
Date: August
22,
2007 SIGN
MEDIA SYSTEMS, INC.
By:
s/s
Antonio F. Uccello, III
Antonio
F. Uccello, III,
President
and
Chief Executive
Officer