-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, G+nvxnwqCi8bduTNVW0xET0HhCY2RWr0cKGYDgUB35W0h8C3/SypieKcggAT4HIC 81WrhtqyTELRwk+Uf6BE6Q== 0000930413-03-002689.txt : 20030904 0000930413-03-002689.hdr.sgml : 20030904 20030903191255 ACCESSION NUMBER: 0000930413-03-002689 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030903 ITEM INFORMATION: FILED AS OF DATE: 20030904 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRONT PORCH DIGITAL INC CENTRAL INDEX KEY: 0001025707 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 860793960 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-32913 FILM NUMBER: 03880098 BUSINESS ADDRESS: STREET 1: 1810 CHAPEL AVE W STREET 2: SUITE 130 CITY: CHERRY HILL STATE: NJ ZIP: 08002 BUSINESS PHONE: 8566333500 MAIL ADDRESS: STREET 1: 1810 CHAPEL AVE W STREET 2: SUITE 130 CITY: CHERRY HILL STATE: NJ ZIP: 08002 FORMER COMPANY: FORMER CONFORMED NAME: EMPIRE COMMUNICATIONS CORP DATE OF NAME CHANGE: 19980327 FORMER COMPANY: FORMER CONFORMED NAME: LITIGATION ECONOMICS INC DATE OF NAME CHANGE: 19961022 8-K 1 c29205_8k.txt 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: September 3, 2003 (Date of earliest event reported) FRONT PORCH DIGITAL INC. - -------------------------------------------------------------------------------- (Exact name of Registrant as specified in its charter) Nevada - -------------------------------------------------------------------------------- (State or other jurisdiction of incorporation) 333-16031 86-0793960 - -------------------------- ------------------ (Commission File No.) (I.R.S. Employer Identification No.) 20000 Horizon Way, Suite 120, Mt. Laurel, New Jersey 08054 - -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (856) 439-9950 - -------------------------------------------------------------------------------- (Registrant's telephone number, including area code) N/A - -------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION On September 3, 2003, Front Porch Digital Inc. (the "Company") issued a press release announcing the filing of its Quarterly Report on Form 10-QSB and the financial results for the second quarter 2003. A copy of the press release is attached hereto as Exhibit 99.1. In connection with the foregoing, the Company hereby furnishes the following exhibits pursuant to Item 12 of Form 8-K: EXHIBIT NUMBER EXHIBIT TITLE -------------- ------------- 99.1 Press release of Front Porch Digital Inc. dated September 3, 2003 relating to the filing of its Quarterly Report on Form 10-QSB and the results of operations for the three and six month periods ended June 30, 2003. The information included in this Current Report on Form 8-K (including the exhibits hereto) is being furnished under Item 12, "Results of Operations and Financial Condition." As such, the information (including the exhibits) herein shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be incorporated by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. This Current Report (including the exhibits hereto) will not be deemed an admission as to the materiality of any information required to be disclosed solely to satisfy the requirements of Regulation FD. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FRONT PORCH DIGITAL INC. Date: September 3, 2003 By: /s/ MATTHEW RICHMAN ----------------------------------------- Matthew Richman Chief Financial Officer and Treasurer EXHIBIT INDEX EXHIBIT NUMBER EXHIBIT TITLE -------------- ------------- 99.1 Press release of Front Porch Digital Inc. dated September 3, 2003 relating to the filing of its Quarterly Report on Form 10-QSB and the results of operations for the three and six month periods ended June 30, 2003 EX-99.1 3 c29205_ex99-1.txt EXHIBIT 99.1 Contact: ALLISON WITHERS The Wilkin Group (909) 625-2225 allison@wilkingroup.com FOR IMMEDIATE RELEASE FRONT PORCH DIGITAL FILES FORM 10-QSB FOR 2003 SECOND QUARTER Mount Laurel, NJ -- September 3, 2003 -- Front Porch Digital Inc. (OTCBB:FPDI) today announced it has issued final financial results for its 2003 second quarter and six-month period, ended June 30, 2003, in its Form 10-QSB, filed Tuesday, September 2, 2003. As previously announced, the financial results include an operating profit for each of the periods reported. The filing also includes a modification to the previously reported $2.8 million one-time, non-cash charge related to a loss on the impairment of goodwill and intellectual property from the company's Media Services business segment. The charge was revised to $3.3 million. "As part of our commitment to upholding the highest financial reporting standards, we have been working diligently with our financial auditors to scrutinize and properly report every aspect of our financial position," said Matthew Richman, chief financial and operating officer. "After completing the valuation analysis, the company recorded what we believe is a more appropriate value for the goodwill and intellectual property associated with the Media Services business segment. The non-cash, one-time charge has no bearing on our operations or business fundamentals. We are pleased to be able to finalize the impairment charge and put this behind us as we continue to shift our business toward the broadcast industry." ABOUT FRONT PORCH DIGITAL: Front Porch Digital Inc. (www.fpdigital.com) is transforming the digital world by developing unique software and services that convert audio, video, images, text and data into digital formats that enable searching, browsing, editing, storage and on-demand delivery of content in nearly any other digital format through a single capture. Front Porch Digital Forward Looking Statements: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which reflect Front Porch Digital's current views with respect to future events and financial performance. Such statements are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated from such forward-looking statements. The potential risk factors include Front Porch Digital's limited operating history and experience in the data and video digital conversion business, Front Porch Digital's ability to attract significant additional financing and incur operational losses and negative cash flow, and risks associated with expansion. Additional risk factors are set forth in Front Porch Digital's reports and documents filed with the Securities and Exchange Commission. TRADEMARKS: All products or company names mentioned are used for identification purposes only and may be trademarks of their respective owners. # # # -----END PRIVACY-ENHANCED MESSAGE-----