-----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, OkGehY7Sii8VxmpM+K46LVxIVMShiaWGG6Zo0cCob6sYMQvsV4ZEy5ivcLMKXIe2 6y/WrY4yQrxGlFd5H1dM9g== 0000912057-01-520364.txt : 20010620 0000912057-01-520364.hdr.sgml : 20010620 ACCESSION NUMBER: 0000912057-01-520364 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010612 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010619 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NETSCOUT SYSTEMS INC CENTRAL INDEX KEY: 0001078075 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 042837575 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-26251 FILM NUMBER: 1663228 BUSINESS ADDRESS: STREET 1: 4 TECHNOLOGY PARK DR CITY: WESTFORD STATE: MA ZIP: 01886 BUSINESS PHONE: 9786144000 MAIL ADDRESS: STREET 1: 4 TECHNOLOGY PARK DRIVE CITY: WESTFORD STATE: MA ZIP: 01886 8-K 1 a2052215z8-k.txt 8-K 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): June 12, 2001 NETSCOUT SYSTEMS, INC. -------------------------------------------------- (Exact Name of Registrant as Specified in Charter) Delaware 0000-26251 04-2837575 - ------------------------------- ------------ ------------------- (State or Other Jurisdiction of (Commission (IRS Employer Incorporation) File Number) Identification No.) 4 Technology Park Drive Westford, Massachusetts 01886 - --------------------------------------- ---------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (978) 614-4000 Item 5. OTHER EVENTS. On June 12, 2001, NetScout Systems, Inc. issued a press release announcing that it will offer its nGenius Probes directly or through channel partners to Cisco Systems, Inc. customers, in lieu of a previous private label arrangement. Cisco will no longer resell these products under the Cisco SwitchProbe private label. A copy of the press release is attached hereto as EXHIBIT 99.1. Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (a) FINANCIAL STATEMENTS OF BUSINESS ACQUIRED. Not Applicable (b) PRO FORMA FINANCIAL INFORMATION. Not Applicable (c) EXHIBITS. EXHIBIT NO. DESCRIPTION 99.1 Press Release dated as of June 12, 2001. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NETSCOUT SYSTEMS, INC. June 19, 2001 By: /s/ David P. Sommers ------------------------------ David P. Sommers Chief Financial Officer and Senior Vice President, General Operations EXHIBIT INDEX EXHIBIT NO. DESCRIPTION 99.1 Press Release dated as of June 12, 2001. EX-99.1 2 a2052215zex-99_1.txt EXHIBIT 99.1 EXHIBIT 99.1 NETSCOUT ANNOUNCES THE SALES TRANSITION OF CISCO SWITCHPROBE PRODUCTS; REAFFIRMS LONG-STANDING RELATIONSHIP WITH CISCO FOR PERFORMANCE MANAGEMENT WESTFORD, MASS --- JUNE 12, 2001 -- NETSCOUT SYSTEMS (NASDAQ: NTCT) announced today that it will offer its nGenius(TM) Probes direct or through channel partners to Cisco Systems, Inc. customers, in lieu of a previous private label arrangement. Cisco will no longer resell these products under the Cisco SwitchProbe private label. This transition was precipitated by the two companies' need to evolve the sales and support model to better meet changing customer requirements and the current business climate. NetScout has a long-standing strategic relationship with Cisco, which will continue. As part of that relationship, Cisco has now included NetScout's nGenius Real-Time Monitor(TM) software as part of CiscoWorks2000 Routed WAN and LAN Management Solutions. NetScout is also a member of the Cisco AVVID (the Architecture for Voice, Video and Integrated Data) Partner Program. The Cisco AVVID Partner Program is an interoperability testing and co-marketing program enabling leading product and services firms to deploy innovative e-business solutions. "As a leading network performance management solution provider, we will continue to work with Cisco to provide its customers with our innovative solutions," said Anil Singhal, president and CEO of NetScout Systems, "While we expect some near-term disruption of sales as we assume responsibility for the broad probe distribution achieved through Cisco, the investments we have been making in our worldwide sales and support infrastructure for the past two years have increased our readiness to transition these customer relationships successfully. We are committed to working closely with Cisco to ensure customer satisfaction and a smooth transition." "Network monitoring and troubleshooting are critical components of Cisco AVVID. We will continue to work closely with NetScout to provide our customers with probes and solutions for managing converged networks," said John McCormack, Senior Director of the Cisco Enterprise Management Business Unit. "That is why we are now shipping NetScout's nGenius Real-Time Monitor software to Cisco customers, worldwide, as part of CiscoWorks 2000 Routed WAN and LAN Management Solutions." For customers wanting more information about this change, or to register for a free promotional offer, please visit NetScout's Web site at www.netscout.com, or call NetScout at 1-800-309-4804. The Company invites shareholders and investors to listen into a conference call today at 5:00 pm EST, which will be Webcast live through the Company's Website at www.netscout.com. The numbers for the call are (800) 595-9010 (US/Canada) and (719) 457-2624 (non-US), passcode 610254 or "NetScout." A replay of the call will be available for approximately one week at (888) 203-1112 (U.S./Canada) and (719) 457-0820 (non-US), passcode 610254. ABOUT NETSCOUT SYSTEMS NetScout Systems, Inc. is a leading provider of infrastructure performance management solutions for leading companies and service providers worldwide. NetScout serves approximately half of the Fortune 500 and counts among its customers 3M Corporation, AT&T, Datek Online, Bristol-Myers Squibb, Amazon.com, Webhire, Intel Online, Fidelity Investments and Sun Microsystems. NetScout's nGenius (TM) Performance Management System is a solutions-based system offering advanced monitoring and reporting applications suites that draw on the rich performance data generated by NetScout's real-time, application-aware probe suite, advanced intelligent software agents, and network devices. The nGenius System helps organizations increase their return on infrastructure investments by optimizing the performance of their network, applications and content. NetScout is headquartered in Westford, Massachusetts and has approximately 360 employees, with offices in North America, Europe and Asia. Further information on the company is available on the World Wide Web at www.netscout.com. Forward-looking statements in this release are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Investors are cautioned that statements in this press release which are not strictly historical statements, including the plans, objectives and future financial performance of NetScout, constitute forward-looking statements which involve risks and uncertainties. Actual results could differ materially from the forward-looking statements. Risks and uncertainties which could cause actual results to differ include, without limitation, risks and uncertainties associated with the company's strategic relationships with Cisco Systems and other partners, dependence upon broad-based acceptance of the company's infrastructure performance management solutions, the company's ability to achieve and maintain a high rate of growth, introduction and market acceptance of new products and product enhancements such as the delivery of nGenius product platform probes and software solutions, the ability of NetScout to take advantage of service provider opportunities, competitive pricing pressures, reliance on sole source suppliers, successful expansion and management of indirect distribution channels, and dependence on proprietary technology, as well as risks of slowdowns or downturns in economic conditions generally and in the market for infrastructure performance management solutions specifically. For a more detailed description of the risk factors associated with the company, please refer to the company's Annual Report on Form 10-K for the fiscal year ended March 31, 2000, and Quarterly Report on 10-Q for the quarter ended December 31, 2000, on file with the Securities and Exchange Commission. NetScout is a registered trademark, and the NetScout logo, nGenius, nGenius Application Service Level Manager, nGenius Real-Time Monitor and nGenius Capacity Planner are trademarks of NetScout Systems, Inc. # # # # -----END PRIVACY-ENHANCED MESSAGE-----