-----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, QHc9+4zfeWbaBIa5X/aJ0RQgkQ//v40M/OQuwwHIWP8OXyMcr6JUm9hXLvvXamf8 2VgB31fY/Q8gdEXdOZ8WdQ== 0000912057-00-012126.txt : 20000320 0000912057-00-012126.hdr.sgml : 20000320 ACCESSION NUMBER: 0000912057-00-012126 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000302 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000317 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ODS NETWORKS INC CENTRAL INDEX KEY: 0000736012 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 751911917 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-20191 FILM NUMBER: 572096 BUSINESS ADDRESS: STREET 1: 1101 E ARAPAHO ROAD CITY: RICHARDSON STATE: TX ZIP: 75081 BUSINESS PHONE: 9722346400 MAIL ADDRESS: STREET 1: 1101 E ARAPAHO ROAD CITY: RICHRICHARDSON STATE: TX ZIP: 75081 FORMER COMPANY: FORMER CONFORMED NAME: OPTICAL DATA SYSTEMS INC DATE OF NAME CHANGE: 19950517 8-K 1 8-K 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 2, 2000 ------------------------------ ODS NETWORKS, INC. - -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Its Charter) Delaware - -------------------------------------------------------------------------------- (State of Other Jurisdiction of Incorporation) 000-20191 75-1911917 - -------------------------------------------------------------------------------- (Commission File Number) (IRS Employer Identification No.) 1101 East Arapaho Road, Richardson, Texas 75081 - -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (972) 234-6400 - -------------------------------------------------------------------------------- (Registrant's Telephone Number, Including Area Code) N/A - -------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS. On March 2, 2000, the Registrant sold its investment of 770,745 shares of the common stock of Alteon WebSystems, Inc. ("Alteon") (Nasdaq:ATON) for $87.00 per share generating cash of approximately $67.1 million. The stock was purchased by HBK Master Fund L.P. ("HBK"), an unrelated party of the Registrant. The text of Registrant's press release announcing the stock sale is attached hereto as Exhibit 99.1 and is incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (a) FINANCIAL STATEMENTS OF BUSINESSES ACQUIRED: Not applicable. (b) PRO FORMA FINANCIAL INFORMATION. Not applicable. (c) EXHIBITS. 99.1 Text of press release of the Registrant, dated March 6, 2000, announcing the stock sale. 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. ODS NETWORKS, INC. Dated: March 17, 2000 By: /s/ Jay R. Widdig -------------------------------- Jay R. Widdig, Chief Financial Officer EXHIBIT INDEX Exhibit No. Description of Exhibit - ----------- ---------------------- 99.1 Text of press release of the Registrant, dated March 6, 2000, announcing the stock sale. EX-99.1 2 EXHIBIT 99.1 [LOGO] NEWS RELEASE - -------------------------------------------------------------------------------- ODS REPORTS SALE OF ALTEON WEBSYSTEMS, INC. SHARES RICHARDSON, TEXAS - MARCH 6, 2000 - ODS Networks, Inc. (NASDAQ: ODSI) today reported that the company sold a total of 770,745 shares of the common stock of Alteon WebSystems, Inc. (NASDAQ: ATON) for approximately $67.1 million. ODS expects to report a pre-tax gain of approximately $66.4 million from the sale of the Alteon WebSystems shares in the quarter ending March 31, 2000. ODS Networks Inc. (NASDAQ: ODSI) is a leading worldwide provider of enterprise data security and networking solutions. The company's security solutions include their 'Best-of-breed' integrated security appliance, SecureCom(TM), the widely deployed intrusion detection and vulnerability assessment tools, Kane Security Analyst(TM) and Kane Security Monitor(TM), and the state-of-the-art behavioral modeling and intrusion detection security solution, CMDS(TM) (Computer Misuse Detection System). ODS Networks' wide array of security solutions enable customers to provide thorough and customized information protection for corporate and government networks, intranets, extranets and electronic commerce environments. More information about ODS Networks is available at http://www.ods.com. # # # ODS is a registered trademark and SecureCom, Kane Security Analyst, Kane Security Monitor and CMDS are trademarks of ODS Networks, Inc. All other trademarks are the property of their respective owners. For more information, contact: Billy Austin Charleigh Shayne ODS Networks ODS Networks Vice President of Marketing Director of Investor Relations 972-664-8040 972-664-8061 -----END PRIVACY-ENHANCED MESSAGE-----