-----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, MjipeEgGCQ22UJTEHxXpzCvQ09iGryi8NmljRK0YLf9f5K31fe9Bej8S9IL1AkKn GbCtJDrpGNBcSi8WgXp/+A== 0000950133-98-003964.txt : 19981123 0000950133-98-003964.hdr.sgml : 19981123 ACCESSION NUMBER: 0000950133-98-003964 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981116 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19981120 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NETWORK SOLUTIONS INC /DE/ CENTRAL INDEX KEY: 0001030341 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 521146119 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-22967 FILM NUMBER: 98755748 BUSINESS ADDRESS: STREET 1: 505 HUNTMAR PARK DR CITY: HERNDON STATE: VA ZIP: 20170 BUSINESS PHONE: 7037420400 MAIL ADDRESS: STREET 1: 505 HUNTMAR PARK DRIVE CITY: HERNDON STATE: VA ZIP: 20170 FORMER COMPANY: FORMER CONFORMED NAME: NETWORK SOLUTIONS INC /DE/ DATE OF NAME CHANGE: 19970702 8-K 1 FORM 8-K 1 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: November 16, 1998 NETWORK SOLUTIONS, INC. (Exact name of registrant as specified in its charter)
Delaware 0-22967 52-1146119 (State or other jurisdiction (Commission File (I.R.S. Employer of incorporation) Number) Identification Number)
505 Huntmar Park Drive, Herndon, Virginia 20170 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (703) 742-0400 2 ITEM 5. OTHER EVENTS. On November 16, 1998, Network Solutions, Inc., a Delaware corporation (the "Company"), announced the resignation of Gabriel A. Battista from his positions as Chief Executive Officer and Director of the Company. While the Company conducts a search for a new Chief Executive Officer, Michael A. Daniels, Chairman of the Board, will assume the executive responsibilities previously performed by Mr. Battista. In addition, Robert J. Korzeniewski, Chief Financial Officer, will also be acting as the Company's Chief Operating Officer, assuming responsibility for day-to-day operations. A copy of the Company's press release, dated November 16, 1998, announcing Mr. Battista's resignation is attached hereto as Exhibit 99.1 and incorporated by reference herein. This report and the Company's press release attached hereto contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, uncertainty of Internet governance and regulation, increased competition in the domain name registration business, customer acceptance of new products and services offered by the Company in addition to or as enhancements of its registration services and the Company's ability to attract and retain qualified personnel. More information about potential factors that could affect the Company's business and financial results is included in the Company's annual report on Form 10-K for the year ended December 31, 1997, and the Company's quarterly reports on Form 10-Q for the periods ended March 31, 1998, June 30, 1998 and September 30, 1998, which are on file with the Securities and Exchange Commission (http://www.sec.gov). ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits. Exhibit Description - ------- ----------- 99.1 Text of Press Release dated November 16, 1998. 2 3 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. NETWORK SOLUTIONS, INC. Date: November __, 1998 By: /s/ ------------------------------------- Robert J. Korzeniewski Chief Financial Officer, Acting Chief Operating Officer and Authorized Signatory 3 4 NETWORK SOLUTIONS, INC. INDEX TO EXHIBITS Exhibit Description - ------- ----------- 99.1 Text of Press Release dated November 16, 1998. 4
EX-99.1 2 TEXT OF PRESS RELEASE DATED NOVEMBER 16, 1998 1 NETWORK SOLUTIONS ANNOUNCES RESIGNATION OF CHIEF EXECUTIVE OFFICER GABRIEL A. BATTISTA HERNDON, VA., NOVEMBER 16, 1998 - Michael A. Daniels, Chairman of the Board of Network Solutions, Inc. (NASDAQ:NSOL), the leading registrar of Internet addresses, today announced the resignation of Network Solutions' Chief Executive Officer, Gabriel A. Battista. Battista said that he was leaving for a combination "of new challenges and a once in a lifetime opportunity." He added, however, that "he was leaving with a great sense of accomplishment and that he was leaving behind a vibrant business, with a strong financial position and a strong management team." Daniels praised Battista for his efforts in building the management infrastructure necessary to accommodate the company's exponential growth over the past two years and expressed confidence in the management team's ability to successfully move into greater competition in domain registration services. While the company conducts a search for Battista's replacement, Daniels said that he will be assuming the executive responsibilities performed by Battista and that Robert J. Korzeniewski, Network Solutions' Chief Financial Officer, will also be acting as the company's Chief Operating Officer and assuming day-to-day responsibilities. About Network Solutions Founded in 1979, Network Solutions, Inc. (NASDAQ:NSOL) is a leader in the Internet and pioneered the development of registering Web addresses ending in .com, .net, .org and .edu. Network Solutions also provides enterprise network consulting services, focusing on network engineering, network security and network management solutions for commercial customers. For more information, see the www.networksolutions.com Web site. For Network Solutions, Media: Christopher Clough, chrisc@netsol.com, 703/742-4706. Investor Relations: Bob Korzeniewski, bob@netsol.com, 703/742-4741. This announcement contains forward looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, uncertainty of Internet governance and regulation, increased competition in the domain name registration business, customer acceptance of new products and services offered by the company in addition to or as enhancements of its registration services and the company's ability to attract and retain qualified personnel. More information about potential factors that could affect the company's business and financial results is included in the company's filings with the Securities and Exchange Commission, especially in the company's Annual Report on Form 10-K for the year ended December 31, 1997 and Quarterly Reports on Form 10-Q for the periods ended March 31, 1998, June 30, 1998 and September 30, 1998. ###
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