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):

~~July~~January 189, ~~2005~~2006

DATREK MILLER INTERNATIONAL, INC.

(Exact name of registrant as specified in its charter)

Florida

000-29707

65-0910697

(State or other jurisdiction

of incorporation)

(Commission File Number)

(I.R.S. Employer

Identification Number)

835 Bill Jones Industrial Drive

Springfield, Tennessee

37172

(Address of principal executive offices)

(Zip Code)

(615) 384-1286

(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:

¨	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 35.02 ~~Unregistered~~Departure ~~Sales~~of Directors of ~~Equity~~Principal ~~Securities.~~Officers; Election of Directors; Appointment of Principal Officers.

On ~~July~~January 185, ~~2004~~2006, ~~Datrek~~we ~~International~~announced ~~Inc~~that our Board of Directors has appointed Randall J. ~~(the~~Frapart ~~“Company”)~~as our Chief Financial Officer effective January 9, 2006. The press release announcing the appointment is attached hereto as Exhibit 99.1 and ~~Stanford~~incorporated ~~International~~herein ~~Bank~~by ~~Ltd~~reference. ~~(“Stanford”)~~ ~~entered~~From ~~into~~September a2002 ~~Securities~~until January ~~Purchase~~2006, ~~Agreement~~Mr. inFrapart ~~which~~served ~~Stanford~~as ~~agreed~~Senior toVice ~~make~~President anand ~~aggregate~~Chief ~~investment~~Financial Officer of $2Hyperfeed Technologies,~~000~~ Inc.,~~000,~~ ~~subject~~a topublicly ~~the~~traded ~~conditions~~provider of ~~that~~software ~~agreement~~which ~~(the~~provides ~~“Investment”).~~ticker ~~The~~plant ~~Investment~~and issmart inorder ~~the~~routing ~~form~~technologies ofand anmanaged services to 8%exchanges, ~~Subordinated~~hedge ~~Convertible~~funds ~~Debenture~~and ~~issued~~other byfinancial ~~the~~institutions. ~~Company~~Mr. inFrapart ~~favor~~served ofas ~~Stanford~~Chief ~~(the~~Financial ~~“Debenture”).~~Officer ~~The~~and ~~Debenture~~later ~~was~~as ~~issued~~Chief ~~subject~~Executive toOfficer ~~the~~of ~~terms~~Cyvent ~~and~~Technologies, ~~conditions~~a ~~set~~software ~~forth~~and inconsulting ~~the~~company ~~Securities~~serving ~~Purchase~~large ~~Agreement~~health ~~and~~insurers, ~~pursuant~~from April 1995 to July ~~Section~~2001. ~~4(2)~~Mr. of Frapart began his career at KPMG, where he held various positions in the ~~Securities~~Information, ~~Act~~Communication ofand ~~1933~~Entertainment Assurance practice for over 12 years.

~~Under~~In ~~the~~connection ~~terms~~with ofhis ~~the~~appointment ~~Securities Purchase~~as Chief Financial Officer, we entered into an Employment Agreement with Mr. Frapart effective January 9, ~~the~~2006. ~~Company~~Mr. ~~has~~Frapart’s ~~agreed~~employment toagreement ~~authorize~~is aattached ~~series~~hereto ofas ~~preferred~~Exhibit ~~stock~~10.1 and ~~exchange~~incorporated ~~the~~herein ~~Debenture~~by reference. The employment agreement provides for ~~the~~an ~~preferred~~annual ~~stock~~base salary of $180,000 and has an initial term of four years. The ~~preferred~~employment ~~stock~~agreement ~~will~~also beprovides ~~convertible~~for onannual abonuses ~~one-for-one~~as ~~basis~~determined ~~into~~by the Compensation Committee of our Board of Directors and options to purchase 50,000 shares of our common stock. ~~and~~The ~~shall~~employment ~~have~~agreement also includes a change in ~~liquidation~~control ~~preference~~provision. This provision provides that in the event that Mr. Frapart is terminated as a result of $2a change in control of our company, we are obligated to continue paying Mr.00 ~~per~~Frapart’s ~~share~~base salary for a period of 12 months following such termination. In addition, ~~holders~~any unvested stock options would immediately vest upon such a termination. A change in control includes a reorganization, merger, consolidation or other form of ~~the~~corporate ~~preferred~~transaction ~~stock~~or ~~will~~series beof ~~entitled~~transactions with respect to ~~vote~~which ~~with~~persons ~~the~~who ~~holders~~were ofour ~~the~~shareholders ~~common~~immediately ~~stock~~prior onto ~~all~~such ~~matters.~~transaction ~~Upon~~do not, immediately thereafter, own more than 50% of the ~~creation~~combined voting power of our company in substantially the ~~preferred~~same ~~stock,~~proportions ~~Stanford~~as ~~has~~their ~~agreed~~ownership immediately prior to ~~exchange~~such transaction. A change in control also includes our liquidation or dissolution or the ~~Debenture~~ ~~into~~sale ~~shares~~of all or substantially all of ~~preferred~~our ~~stock~~assets.

~~The~~Item ~~principal amount of the Debenture, to the extent not converted earlier, is due on July 18, 2010~~9. ~~Interest payments under the Debenture are due on a quarterly basis beginning October 18, 2005~~01. ~~The~~Financial ~~Debenture~~Statements isand ~~convertible into shares of common stock of the Company at a conversion price of $2~~Exhibits.00 ~~per share. The conversion price is subject to adjustment in the event of stock splits, stock dividends, distributions of property to the Company’s shareholders or similar event.~~

In(c) connection with the transactions described in this Report, the Company issued to Stanford five-year warrants exercisable at par value to purchase 600,000 shares of its common stock, 300,000 of which were subsequently assigned to Osvaldo Pi, Daniel Bogar, William Fusselmann and Ronald M. Stein. Exhibits:

~~Pursuant~~10.1 toEmployment ~~a Registration Rights~~ Agreement, ~~the~~effective ~~Company~~January ~~has~~9, ~~agreed to file a registration statement with the SEC within 180 days of July 18~~2006, ~~2005~~by and ~~use~~between ~~its~~Datrek ~~best~~Miller ~~efforts~~International, toInc. ~~register the shares of common stock underlying the preferred stock~~ and ~~the~~Randall ~~Warrants~~J. Frapart

~~The~~99.1 ~~summary~~Datrek ofMiller ~~the Securities Purchase Agreement~~International, ~~Debenture,~~Inc. ~~Warrants~~Press ~~(and~~Release ~~related~~dated ~~assignment~~January ~~of Warrants) and Registration Rights Agreement in this Report are qualified by reference to the complete text of the agreements and instruments~~5, ~~which are filed in their entirety as exhibits to this Current Report~~2006.

On July 20, 2005, the Company issued a press release describing the closing of the Investment transaction. The press release is included as Exhibit 99.1 to this Current Report.

Item 9.01 Financial Statements, Pro Forma Financial Information and Exhibits

The following exhibits are being filed herewith:

4.1		8% Subordinated Convertible Debenture, dated July 18, 2005, issued by the Company in the name of Stanford.
4.2		Warrants, dated July 18, 2005, to purchase 600,000 shares of common stock of the Company issued in the name of Stanford.
10.1		Securities Purchase Agreement, dated as of July 18, 2005, between the Company and Stanford.
10.2		Registration Rights Agreement, dated as of July 18, 2005, between the Company and Stanford.
10.3		Warrant Assignment Agreement, dated as of July 18, 2005, among Stanford, Daniel T. Bogar, Ronald M. Stein, William M. Fusselmann and Osvaldo Pi.
99.1		Press Release of the Company issued July 20, 2005.

SIGNATURE

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.

	Datrek Miller International, Inc.
	DATREK MILLER INTERNATIONAL, INC.
Dated: July 20, 2005	By:	/s/ Michael S. Hedge
January 9, 2006	By:	/s/ Michael S. Hedge
		Michael S. Hedge
		Chief Executive Officer

Exhibit Index

Exhibit No.		Exhibit Description
4.1		8% Subordinated Convertible Debenture, dated July 18, 2005, issued by the Company in the name of Stanford.
4.2		Warrants, dated July 18, 2005, to purchase 600,000 shares of common stock of the Company issued in the name of Stanford.
10.1		Securities Purchase Agreement, dated as of July 18, 2005, between the Company and Stanford.
10.2		Registration Rights Agreement, dated as of July 18, 2005, between the Company and Stanford.
10.3		Warrant Assignment Agreement, dated as of July 18, 2005, among Stanford, Daniel T. Bogar, Ronald M. Stein, William M. Fusselmann and Osvaldo Pi.
99.1		Press Release of the Company issued July 20, 2005.

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