-----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, Kee1Cj1MTI/5TFwX6C9z8MUTqscthf6FrQdNOEa3COsuB+lcqrsrk8JV8QQBa+tm 7hhjSW5K3ZqshzydZsKaUg== 0000950148-96-001905.txt : 19960830 0000950148-96-001905.hdr.sgml : 19960830 ACCESSION NUMBER: 0000950148-96-001905 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19960827 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19960829 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: QUARTERDECK CORP CENTRAL INDEX KEY: 0000707668 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 954320650 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19207 FILM NUMBER: 96623641 BUSINESS ADDRESS: STREET 1: 13160 MINDANAO WAY CITY: MARINA DEL REY STATE: CA ZIP: 90292 BUSINESS PHONE: 3103093700 MAIL ADDRESS: STREET 1: 13160 MINDANAO WAY CITY: MARINA DEL RAY STATE: CA ZIP: 90292 FORMER COMPANY: FORMER CONFORMED NAME: QUARTERDECK OFFICE SYSTEMS INC DATE OF NAME CHANGE: 19940510 8-K 1 FORM 8-K 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): AUGUST 27, 1996 QUARTERDECK CORPORATION (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) Delaware 0-19207 95-4320650 (STATE OR OTHER (COMMISSION FILE (I.R.S. EMPLOYER JURISDICTION OF NUMBER) IDENTIFICATION NO.) INCORPORATION) 13160 Mindanao Way, Marina del Rey, California 90292 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (310) 309-3700 2 ITEM 5. OTHER EVENTS. On August 27, 1996, Quarterdeck Corporation issued a press release with respect to the resignation of its chief executive officer. A copy of the press release dated August 27, 1996 is filed as Exhibit 99.1 ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits. 99.1 August 27, 1996 press release. Page 2 of 3 pages 3 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. QUARTERDECK CORPORATION, a Delaware corporation By: /s/ FRANK R. GREICO ---------------------------- Name: Frank R. Greico Title: Senior Vice President and Chief Financial Officer August 29, 1996 Page 3 of 3 pages EX-99.1 2 AUGUST 27, 1996 PRESS RELEASE 1 Quarterdeck Corporation 13160 Mindanao Way [LOGO] Marina del Rey, CA 90292-9705 Tel: 310 309 3700 Fax: 310 309 4218 - -------------------------------------------------------------------------------- Contacts Ellen Spooren Jim Lucas Quarterdeck Corporation Johnnie D. Johnson & Co. Inc. (310) 309-4261 (213) 626-4848 ellen@quarterdeck.com 73531.1041@compuserve.com QUARTERDECK ANNOUNCES RESIGNATION OF ITS CEO, APPOINTMENT OF INTERIM OFFICE OF THE PRESIDENT, ADDS WILLIAM LANE TO BOARD MARINA DEL REY, Calif., August 27 - Quarterdeck Corporation [Nasdaq;QDEK] announced today that Gaston Bastiaens has resigned as the Chief Executive Officer of the Company to pursue other business opportunities. He will continue as a director and consultant to the Company. The Company will be managed by a newly created temporary Office of the President consisting of King R. Lee and Anatoly Tikhman. Mr. Lee, a member of the board and Chief Executive Officer of Wynd Communications Corporation, served as interim CEO and COO of Quarterdeck from July 1994 to January 1995. Mr. Tikhman, who currently is a Senior Vice President of the Company and head of its Utilities Business Unit, was president and Chief Executive Officer of Vertisoft prior to its recent acquisition by Quarterdeck. Additions to the Office of the President are also expected. The Board has retained an executive search firm to seek a new permanent CEO. Additionally, Quarterdeck announced the election of William Lane, former Chief Financial Officer of Intuit Corporation, to the Board of Directors. "Bill brings tremendous experience in finance, operations and integration of acquisitions to the Board, and we are extremely pleased that he is joining us," said Frank LaHaye, Chairman of the Quarterdeck Board of Directors. "We appreciate the efforts of Gaston who has grown the company from a $27 million one-product operation to a more than $140 million multi-faceted utilities and Internet company," said Frank LaHaye. He has fashioned a strong direct mail and telemarketing presence to complement existing retail channels and significantly increased our international presence," said Director Howard Morgan. "With a strong line of new desktop utility products in the market this fall, the expected introduction of its 32-bit Procomm Communication program and a new generation of Internet products, I believe Quarterdeck is well positioned to play a key role in the desktop computer software and the Internet markets," said Gaston Bastiaens. 2 "The challenge for the interim management is to effectively integrate and operate the companies we have acquired so that Quarterdeck can continue its growth and return to strong profitability," said King Lee. Forward-looking statements: When used in the preceding discussion, the word "believes," "expects" and similar conditional expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, conditions in the general economy or the software industry, the timely development, release and market acceptance of products and technologies, competitive factors, demand for memory-management software products, sell-through of products in the sales channels, successful integration of acquisitions, ability to secure additional sources of financing and other risks described from time to time in Quarterdeck's SEC reports and filings. Quarterdeck Corporation is a pioneer in the development of software products in the utilities and Internet areas. The Company leads the industry in bringing utilities solutions to the Windows environments, and offers an entire line of powerful, next-generation Internet and communications tools for corporate, small business and individual users. Quarterdeck Corporation is headquartered at 13160 Mindanao Way, Marina del Rey, CA 90292. Its European headquarters are in Dublin, Ireland, with other offices in England, France and Australia. Further product availability and pricing information may be obtained by calling 310-309-3755, by accessing Quarterdeck's Internet Web site at http://www.quarterdeck.com/, or by sending an e-mail request to info@quarterdeck.com/. ### Quarterdeck is a registered trademark. -----END PRIVACY-ENHANCED MESSAGE-----