-----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, MkmXdxbFsXNNOPUHieBouye5U6JmFrNUCxe2F7yNF8fb7FcJo6Ve5GN5Tk2Vg9Hs 9Pi0Xg8QDsM3OyM2g5WNrA== 0000950135-02-003787.txt : 20020814 0000950135-02-003787.hdr.sgml : 20020814 20020814161352 ACCESSION NUMBER: 0000950135-02-003787 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020814 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SIMON WORLDWIDE INC CENTRAL INDEX KEY: 0000864264 STANDARD INDUSTRIAL CLASSIFICATION: APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300] IRS NUMBER: 043081657 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21878 FILM NUMBER: 02736738 BUSINESS ADDRESS: STREET 1: 1900 AVENUE OF THE STARS CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 310-553-4460 MAIL ADDRESS: STREET 1: 1900 AVENUE OF THE STARS CITY: LOS ANGELES STATE: CA ZIP: 90067 FORMER COMPANY: FORMER CONFORMED NAME: CYRK INTERNATIONAL INC DATE OF NAME CHANGE: 19930521 FORMER COMPANY: FORMER CONFORMED NAME: CYRK INC DATE OF NAME CHANGE: 19940214 8-K 1 b44012swe8vk.txt SIMON WORLDWIDE, INC. 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 and Exchange Act of 1934 Date of Report: August 14, 2002 (Date of Earliest Event Reported) SIMON WORLDWIDE, INC. (Exact Name of Registrant as Specified in its Charter) DELAWARE (State or Other Jurisdiction of Incorporation) 0-21878 04-3081657 (Commission File Number) (I.R.S. Employer Identification No.) 1888 CENTURY PARK EAST, SUITE 222, LOS ANGELES, CA 90067 (Address of Principal Executive Offices) (Zip Code) 1900 AVENUE OF THE STARS, LOS ANGELES, CA 90067 (Former Address of Principal Executive Offices) (Zip Code) (310) 552-6800 (Registrant's Telephone Number, Including Area Code) ITEM 5. OTHER EVENTS On August 14, 2002 Simon Worldwide, Inc. (the "Registrant") announced that it would delay the filing of its quarterly report on Form 10-Q for the quarter ending June 30, 2002, which was due August 14, 2002. A press release issued by the Registrant in connection with such announcement is attached hereto as EXHIBIT 99.1. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. EXHIBIT 99.1: PRESS RELEASE SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned and hereunto duly authorized. SIMON WORLDWIDE, INC. Date: August 14, 2002 By: /s/ J. Anthony Kouba -------------------------------- J. Anthony Kouba, Member of Executive Committee EX-99.1 3 b44012swexv99w1.txt PRESS RELEASE Exhibit 99.1 [KCSA PUBLIC RELATIONS WORLDWIDE LETTERHEAD] FOR: SIMON WORLDWIDE, INC. CONTACT: Todd Fromer/ Erika Levy KCSA Worldwide 212-682-6300 ext. 215/208 SIMON WORLDWIDE DELAYS FILING FORM 10-Q LOS ANGELES, CA, AUGUST 14, 2002--SIMON WORLDWIDE, INC. (OTC BB: SWWI.PK), announced today that it would delay the filing of its quarterly report on Form 10-Q for the quarter ending June 30, 2002, which was due August 14, 2002. The principal reason for the delay is that the Company's new auditors BDO Seidman LLP, who recently replaced the Company's previous auditors, recently advised the Company that they have had insufficient time to complete the necessary review of the Company's financial statements to be included in the report. The delay will also enable the Company to complete a valuation of its most substantial investment, an indirect stake in Alliance Entertainment Corp. ("Alliance"). According to recent published reports, Alliance is a party to a merger agreement with Liquid Audio, Inc. (NASDAQ: LQID). Further analysis of the proposed transaction will allow the Company to quantify the extent of the impairment of the Alliance investment, which the Company believes has occurred. The Company expects to file its second quarter report on Form 10-Q promptly after the foregoing has been completed. This press release contains forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995). These statements include statements regarding intent, belief or current expectations of the Company and its management. You are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the Company's actual results to differ materially from the Company's expectations. Factors that could cause actual results to differ materially are discussed in the Company's Amended Cautionary Statement filed as Exhibit 99.1 to the Company's 2001 Annual Report on Form 10-K. Reference to this Cautionary Statement or Exhibit 99.1 in the context of a forward-looking statement or statements shall be deemed to be a statement that any one or more of these factors may cause actual results to differ materially from those anticipated in such forward-looking statement or statements. # # # -----END PRIVACY-ENHANCED MESSAGE-----