8-K 1 a4600297.txt MEDIA 100 8-K UNITED STATES 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 22, 2004 MEDIA 100 INC. -------------- (Exact name of Registrant as specified in charter) DELAWARE 0-14779 04-2532613 -------- ------- ---------- (State or other (Commission File (I.R.S. Employer jurisdiction) Number) Identification No.) 450 DONALD LYNCH BOULEVARD, MARLBOROUGH, MA 01752-4748 ------------------------------------------------------ (Address of Principal Executive Offices) (Zip Code) (508) 460-1600 ------------- Registrant's Telephone number including area code ITEM 3. BANKRUPTCY OR RECEIVERSHIP On March 19, 2004, Media 100 Inc. filed a voluntary petition for relief under chapter 11 of the United States Bankruptcy Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the District of Massachusetts, in Boston (the "Bankruptcy Court"), in re Media 100 Inc., Case Number 04-41521-HJB. Media 100 will continue to operate its business as a "debtor in possession" under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court. In connection with the filing, Media 100 Inc. issued a press release announcing that Optibase Ltd. has executed an agreement to acquire substantially all the assets of Media 100 and a separate agreement that provides for up to $1 million of secured debtor-in-possession funding. The full text of that press release is attached as Exhibit 99.1 hereto. 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. MEDIA 100 INC. By: /s/ Steven D. Shea ------------------ Date: March 23, 2004 Steven D. Shea Chief Financial Officer and Treasurer (Chief Financial Officer) EXHIBIT INDEX Exhibit Number Title -------------- ----- 99.1 Press release issued by Media 100 Inc. on March 22, 2004, furnished in accordance with Item 12 of this Current Report on Form 8-K.