FORM 8-K

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                 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 23, 2001


                              PLIANT SYSTEMS, INC.
             (Exact name of registrant as specified in its charter)

                                    Delaware
                 (State or other jurisdiction of incorporation)


0-21766                                                               56-1615990
(Commission File Number)                       (IRS Employer Identification No.)


4024 Stirrup Creek Drive
P.O. Box 13737
Research Triangle Park, North Carolina                                27709-3737
(Address of principal executive offices)                              (Zip Code)


                                 (919) 544-0015
              (Registrant's telephone number, including area code)

                                       N/A
          (Former name or former address, if changed since last report)



Item 9.    Regulation FD Disclosure

To permit the Company to disclose information about sales and field trials in
connection with financing and debt restructuring activities, the Company
discloses the following information:

In 2000, the Company received 15 customer trial commitments / first office
applications and completed five of these trials. Orders of approximately
$1,300,000 have been received and initial revenue has been taken against some of
these orders. In addition, as of January 2001, the Company had approximately 100
outstanding proposals (81 to incumbent operating companies) with a potential
value of $18,000,000. Proposals submitted include large and small IOCs and
targeted building, multi-dwelling, multi-tenant, competitive local exchange
carriers.

Although the Company is pleased with initial customer reception to its Pliant
3000 Integrated Access Platform, current capital markets make it difficult for
the Company to raise capital. Therefore, substantial dilution to current
shareholders may occur as a result of its financing and debt restructuring
activities in spite of initial positive customer reaction to the Pliant 3000.
Also, there can be no assurance that initial positive customer reaction will
translate into large volume sales of the Pliant 3000 and there can be no
assurance that proposals the Company has submitted to potential customers will
result in orders from customers.


In connection with the "Safe Harbor" provisions of the Private Securities
Litigation Reform Act of 1995, readers of this document are advised that this
document contains both statements of historical facts and forward-looking
statements. Our forward-looking statements include statements related to our
customers, Pliant 3000 field trials and orders, Plaint 3000 revenue, customer
proposals, our capital raising and debt restructuring activities, possible
shareholder dilution, and the capital markets. Words such as "anticipates,"
"expects," "intends," "plans," "believes," "seeks," "estimates," and similar
expressions are intended to identify forward-looking statements. Our
forward-looking statements are based on current expectations, estimates, and
projections about our industry, management's beliefs, the capital markets, and
certain assumptions made by management. These statements are not guarantees of
future performance, and actual actions or results may differ materially. Our
forward-looking statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from those indicated by the
forward-looking statements. The company's Form 10-K, 10-Qs, and other documents
on file with the Securities and Exchange Commission identify important factors
that could cause actual results to differ materially from those indicated by the
forward-looking statements. We undertake no obligation to update publicly any
forward-looking statements as a result of new information, future events or
otherwise, unless required by law.

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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, thereunto duly authorized.

                                                     PLIANT SYSTEMS, INC.


                                                     By: /s/ David Orr
                                                        ------------------------
                                                     Name: President

Dated:  January 23, 2001

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