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

March 8, 2004

Date of Report (Date of earliest event reported)

TARANTELLA, INC.

(Exact name of registrant as specified in its charter)

California	000-21484	94-2549086
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

425 Encinal Street

Santa Cruz, California 95060

(Address of principal executive offices)

(831) 427-7222

(Registrant’s telephone number, including area code)

Item 7. Financial Statements and Exhibits

The following exhibit is filed herewith:

Exhibit Number	Description
99.1	Text of press release issued by Tarantella, Inc., dated March 8, 2004, reporting the results of operations for Tarantella’s third fiscal quarter for the period ended June 30, 2003 and for the fiscal year for the period ended September 30, 2003

Item 12. Results of Operations and Financial Condition

This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

On March 8, 2004, Tarantella, Inc. issued a press release regarding its financial results for its third fiscal quarter for the period ended June 30, 2003 and for the fiscal year for the period ended September 30, 2003. The full text of the earnings release concerning the foregoing results is furnished herewith as Exhibit 99.1.

SIGNATURE

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.

	TARANTELLA, INC.
Date: March 8, 2004	By:	/s/    John M. Greeley
		John M. Greeley Chief Financial Officer

EXHIBIT INDEX

Exhibit	Description
99.1	Text of press release issued by Tarantella, Inc., dated March 8, 2004, reporting the results of operations for Tarantella’s third fiscal quarter for the period ended June 30, 2003 and for the fiscal year for the period ended September 30, 2003

EX-99.1

EXHIBIT 99.1

FOR IMMEDIATE RELEASE

CONTACTS:

John M. Greeley, CFO	Joanna Green
Tarantella, Inc.	Griffin Public Relations
831-427-7460	212-481-3456
jgreeley@tarantella.com	jgreen@griffinpr.com

TARANTELLA, INC. Files SEC Form 10K For FY 2003

Santa Cruz, CA (March 08, 2004)—Tarantella, Inc. (OTC: TTLA.PK), a leading supplier of secure application access software, today announced that it has filed its Form 10-Q for the third quarter of fiscal 2003 and its Form 10-K for fiscal 2003 with the Securities and Exchange Commission (SEC).

For the fiscal year ended September 30, 2003, the Company announced revenue of $14.0 million, an operating loss of $9.3 million, and a net loss of $9.7 million, or $1.10 per diluted share. The filings announced today also reported restated financial results for prior quarters in fiscal 2003 and for fiscal 2002. The restated financial results for the fiscal year ended September 30, 2002 were revenue of $14.2 million, an operating loss of $14.8 million, and a net loss of $16.2 million, or $2.00 per diluted share. The impact of the restatement on fiscal 2002 results was an increased net loss of $0.4 million, or increased loss per diluted share of $0.05.

“The Company’s new management team is pleased to have taken this important first step to achieving compliance with the Company’s reporting obligations to its investors under the Securities Exchange Act,” said John M. Greeley, Tarantella’s CFO. “We are pressing ahead with our efforts to regain reporting compliance as quickly as possible. The next significant step in this process will be the filing of the Company’s Form 10-Q for the first quarter of fiscal 2004.”

For Tarantella Investors:

This press release contains forward-looking statements. These forward-looking statements may be identified by use of terms such as “anticipates”, “believes”, “continue”, “could”, “estimates”, “expects”, “intends”, “may”, “plans”, “potential”, “predicts”, “should” or “will”, or the negative of those terms or similar expressions. These forward-looking statements are subject to significant risks and uncertainties. Actual results may differ materially from those described in such statements as a result of these risks and uncertainties. In particular, these forward- looking statements include statements about the Company’s regaining Securities Exchange Act compliance. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the risk that the Company may never regain compliance under the Securities Exchange Act or may not achieve profitability and other risks detailed from time to time in Tarantella’s SEC filings, including forms 10-Q and 10-K. Tarantella disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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About Tarantella, Inc.

Tarantella, Inc. is a leading provider of purpose-built application access and deployment software to nearly 12,000 customer sites worldwide. Tarantella enables organizations to access and manage information, data and applications across all platforms, networks and devices. Tarantella bridges the gap between vendors, ensuring that customers have complete access to business-critical information. Using Tarantella’s software, customers realize the benefits of secure corporate data, maximizing return on existing IT assets and improved productivity. The company markets its products through key industry partnerships and a worldwide network of consultants and resellers. Tarantella is headquartered in Santa Cruz, Calif. For more information, please visit the Tarantella web site at http://www.tarantella.com.

Tarantella, Tarantella Enterprise 3, Canaveral iQ, New Moon Systems and the Tarantella logo are trademarks or registered trademarks of Tarantella, Inc., in the USA and other countries. All other brand and product names are or may be trademarks of, and are used to identify products or services of, their respective owners.

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