-----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, FN/dyNiTSfm7bfExulx/lLMBLgGdFrFdWXhHZwUgk+0WOWpKAdDcqgSfapV1fPY3 eHvueD+P91m+V7i5xkfbLA== 0000950148-98-000795.txt : 19980403 0000950148-98-000795.hdr.sgml : 19980403 ACCESSION NUMBER: 0000950148-98-000795 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980331 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980402 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: QUARTERDECK CORP CENTRAL INDEX KEY: 0000707668 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 954320650 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-19207 FILM NUMBER: 98586158 BUSINESS ADDRESS: STREET 1: 13160 MINDANAO WAY CITY: MARINA DEL REY STATE: CA ZIP: 90292 BUSINESS PHONE: 3103093700 MAIL ADDRESS: STREET 1: 13160 MINDANAO WAY CITY: MARINA DEL RAY STATE: CA ZIP: 90292 FORMER COMPANY: FORMER CONFORMED NAME: QUARTERDECK OFFICE SYSTEMS INC DATE OF NAME CHANGE: 19940510 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 (Date of Earliest Event Reported): March 31, 1998 QUARTERDECK CORPORATION (Exact name of registrant as specified in its charter) DELAWARE 0-19207 95-4320650 (State or Other Jurisdiction of (Commission File Number) (I.R.S.Employer Incorporation or Organization) Identification No.) 13160 MINDANAO WAY MARINA DEL REY, CALIFORNIA 90292 (Address of Principal Executive Offices) (Zip Code) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (310) 309-3700 NONE (Former Name or Former Address, if Changed Since Last Report) ================================================================================ 2 Item 5. Other Events. On March 31, 1998, Quarterdeck Corporation announced that it expects that net revenues for the quarter ending March 31, 1998, will be approximately 20-25% less than net revenues for the December quarter. A copy of the press release dated March 31, 1998 with respect to the expected net revenues is filed herewith as Exhibit 99.1. Item 7. Financial Statements and Exhibits. The following is filed as an exhibit to this Current Report on Form 8-K: 99.1 Press Release dated March 31, 1998 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on behalf of the undersigned hereunto duly authorized. Dated: March 31, 1998 QUARTERDECK CORPORATION By: /s/ Frank R. Greico -------------------------------- Frank R. Greico Senior Vice President and Chief Financial Officer EX-99.1 2 EXHIBIT 99.1 1 EXHIBIT 99.1 FOR IMMEDIATE RELEASE MARCH 31, 1998 CONTACTS: Frank Greico Quarterdeck Corporation 310-309-4232 fgreico@quarterdeck.com Ana Thorne Quarterdeck Corporation 310-309-3767 athorne@quarterdeck.com QUARTERDECK PREANNOUNCES MARCH QUARTER RESULTS MARINA DEL REY, CA - MARCH 31, 1998 - Quarterdeck Corporation (Nasdaq: QDEK) today announced that it expects that net revenues for the quarter ending March 31, 1998, will be approximately 20-25% less than net revenues for the December quarter, resulting in an expected operating loss of several million dollars for the quarter. The revenue shortfall and associated loss reflect price pressures in the US retail market, the transition of telesales operations to an outsourcer, slowly ramping sales of certain new products, and deferred shipment of the newest products into international markets. The Company said it expects substantial revenue contributions from these new products going forward but would also be reducing run-rate operating costs. ABOUT QUARTERDECK Quarterdeck Corporation is a global leader in the development and marketing of PC helpware software designed to prevent and solve PC performance problems, especially those encountered in networked -- Internet and intranet -- environments. The Company's goal is to make personal computing trouble-free for users and network administrators alike, while reducing the need for live technical support. Quarterdeck's current product line, which addresses storage management, system conflict resolution, virus protection, system updating, and enhanced access to networked information and communications resources, is marketed to both end-users and businesses via retail distribution, corporate resellers and OEMs, direct marketing channels, and the Internet. Quarterdeck's products are available in more than 14,000 outlets throughout the United States and Canada, as well as in over 29 countries worldwide. Incorporated in 1982 and traded on Nasdaq under the symbol QDEK, Quarterdeck's worldwide headquarters are in Marina del Rey, 2 California, with its European operations based in Dublin, Ireland. Further information may be obtained by calling 310-309-3755, by accessing Quarterdeck's Web site at http://www.quarterdeck.com, or by sending e-mail requests to invrel@quarterdeck.com. # # # NOTE TO EDITORS: If you would like more information on Quarterdeck Corporation and its products, please view the Quarterdeck Press Center at http://www.quarterdeck.com/qdeck/press. This press release contains forward-looking statements which are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, successful integration of acquisitions and divestitures of non-core assets, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors described in the Company's filings with the Securities and Exchange Commission. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. Quarterdeck is a registered trademark of Quarterdeck Corporation or its subsidiaries. All other brands and products referenced herein are the trademarks or registered trademarks of their respective holders. -----END PRIVACY-ENHANCED MESSAGE-----