-----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, CnQkkJIQDT8hdWjK+1rGNiIhqkV/yD7LvuAV+5951fxj6FrlfbbQVQosgKGSdaeR FGoSPkYHmki1g9Xh0q/l+w== 0000891618-02-000287.txt : 20020414 0000891618-02-000287.hdr.sgml : 20020414 ACCESSION NUMBER: 0000891618-02-000287 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020125 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020129 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PEOPLESOFT INC CENTRAL INDEX KEY: 0000875570 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 680137069 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20710 FILM NUMBER: 02519683 BUSINESS ADDRESS: STREET 1: 4460 HACIENDA DR POST OFFICE BOX 8015 CITY: PLEASANTON STATE: CA ZIP: 94588 BUSINESS PHONE: 5102253000 MAIL ADDRESS: STREET 1: 4440 ROSEWOOD DRIVE CITY: PLEASANTON STATE: CA ZIP: 94588-3031 8-K 1 f78663e8-k.htm FORM 8-K Peoplesoft, Inc. Form 8-K
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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): January 25, 2002

PEOPLESOFT, INC.

(Exact Name of Registrant as Specified in Charter)

0-20710
(Commission File Number)

     
Delaware
(State or Other Jurisdiction
of Incorporation)
  68-0137069
(I.R.S. Employer
Identification Number)
4460 Hacienda Drive, Pleasanton, CA
(Address of Principal Executive Offices)
  94588
(Zip Code)

Registrant’s telephone number, including area code: (925) 694-3000



 


Item 5. OTHER INFORMATION
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
SIGNATURES
EXHIBIT INDEX
Exhibit 99.1


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ITEM 5. OTHER INFORMATION

On January 25, 2002, PeopleSoft, Inc. issued a press release announcing that it will exercise its option to purchase one hundred percent of the issued and outstanding shares of the Class A Common Stock of Momentum Business Applications, Inc. (Nasdaq: MMTM).

A copy of the press release is attached to this report as Exhibit 99.1.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

     

    (c) Exhibits

                  99.1   Press release dated January 25, 2002.

 


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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.

Dated as of: January 28, 2002

         
    PEOPLESOFT, INC.
         
         
    By:   /s/ Kevin T. Parker
Executive Vice President and
Chief Financial Officer
(Principal Financial and Accounting
Officer)

 


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EXHIBIT INDEX

     
Exhibit   Description

 
99.1   Press release dated January 25, 2002

  EX-99.1 3 f78663ex99-1.txt EXHIBIT 99.1 Exhibit 99.1 CONTACTS: David Sankaran Steve Swasey Vice President, Investor Relations Director, Corporate Public Relations PeopleSoft Inc. PeopleSoft Inc. (877) 528-7413 (925) 694-5230 (voice) david_sankaran@peoplesoft.com (925) 899-8108 (cell) steve_swasey@peoplesoft.com PEOPLESOFT WILL EXERCISE PURCHASE OPTION ON SHARES OF MOMENTUM BUSINESS APPLICATIONS, INC. PLEASANTON, CALIF. - JANUARY 25, 2002 -- PeopleSoft Inc. (Nasdaq: PSFT) announced that it will exercise its option to purchase one hundred percent of the outstanding Class A Common Stock of Momentum Business Applications, Inc. (Nasdaq: MMTM). With the purchase of Momentum, PeopleSoft will own the intellectual property in the products developed by Momentum and thus will no longer have any obligation to pay a royalty to Momentum on those products. The purchase option was granted to PeopleSoft in the Certificate of Incorporation of Momentum Business Applications, Inc. at the time the company was established. Under the terms of the purchase option, the total cash purchase price is expected to be approximately $90 million. At December 31, 2001, PeopleSoft had $1.67 Billion in total cash and investments. The transaction is subject to normal closing conditions and is currently expected to close prior to March 31, 2002. ABOUT PEOPLESOFT PeopleSoft (Nasdaq: PSFT) is the world's leading provider of business enterprise software. PeopleSoft pure internet software enables organizations to reduce costs and increase productivity through real-time collaboration with their customers, suppliers, and employees. PeopleSoft's integrated, best-of-breed applications include Customer Relationship Management, Supply Chain Management, Human Resource Management, Financial Management, and Application Infrastructure. More than 4,700 organizations in 107 countries run on PeopleSoft software. For more information, visit us at www.peoplesoft.com. # # # PeopleSoft and the PeopleSoft logo are registered trademarks. All other company and product names may be trademarks of their respective owners. Copyright (C) 2002 PeopleSoft, Inc. All rights reserved. # # # Statements made in this press release that state the Company's or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. Readers are cautioned that these statements are only predictions and may differ materially from actual future events or results. The specific forward-looking statements relate to such matters as the expected purchase price and anticipated transaction close date. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause actual events to differ materially from those projected in such forward-looking statements. The risks and uncertainties that could affect the timing or occurrence of this transaction include: the discovery of material irregularities or discrepancies in Momentum's corporate or financial records or protracted review or disallowance by regulatory authorities. Please refer to the Company's annual report to shareholders (Form 10-K) and subsequent filings on Form 10-Q for more information on the risk factors that could cause actual results to differ. -----END PRIVACY-ENHANCED MESSAGE-----