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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): May 10, 1999
COMMISSION FILE NUMBER 000-22647
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PERITUS SOFTWARE SERVICES, INC.
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(Exact Name of Registrant as Specified in Charter)
Massachusetts 04-3126919
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(State or Other Jurisdiction (I.R.S. Employer
Incorporation Identification No.)
Two Federal Street, Billerica, Massachusetts 01821-3540
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(Address of Principal Executive Offices) (Zip Code)
(978) 670-0800
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(Registrant's Telephone Number, Including Area Code)
Not Applicable
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(Former Name, Former Address and Former Fiscal Year,
if Changed Since Last Report)
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Item 5. Other Events.
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On May 10,1999, Peritus Software Services, Inc. (the "Company") announced that
Dominic K. Chan has been engaged by the Company to consult without remuneration
on strategic alliances and sales related matters at the Company's direction.
Mr. Chan, the Company's former President, CEO and Chairman of the Board,
resigned last month to consider whether to make an offer to purchase certain of
the Company's assets. He has informed the Company that, after careful
consideration, he does not intend to make such an offer.
The Company also announced the following appointments: Andrea Campbell, Vice
President-Sales and Marketing; Ronald Garabedian, Treasurer; Christopher Bailey,
Vice President-Research and Development; and James Dunleavy, Vice President-
Outsourcing Services.
The details of the announcement are set forth in Exhibit 99 attached hereto.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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(a) Financial Statements.
None.
(b) Pro Forma Financial Information.
None.
(c) Exhibits.
99. Press Release dated May 10, 1999.
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: May 13, 1999
Peritus Software Services, Inc.
By: /s/ John D. Giordano
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Name: John D. Giordano
Title: President, Chief Executive Officer
and Chief Financial Officer
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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99 Press Release dated May 10, 1999
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Exhibit 99
Peritus Software Services, Inc.
For Immediate Release
PERITUS SOFTWARE SERVICES, INC. ANNOUNCES THE DETAILS OF
ENGAGEMENT OF DOMINIC CHAN AND MANAGEMENT APPOINTMENTS
BILLERICA, MA. May 10, 1999 Peritus Software Services, Inc.
(OTC: PTUS), a provider of solutions for software maintenance, today announced
that Dominic Chan has been engaged by the Company to consult without
remuneration on strategic alliances and sales related matters at the Company's
direction. Mr. Chan, the Company's former President, CEO and Chairman of the
Board, resigned last month to consider whether to make an offer to purchase
certain of the Company's assets. He has informed the Company that, after careful
consideration, he does not intend to make such an offer.
The Company also announced the following appointments: Andrea Campbell, Vice
President-Sales and Marketing; Ronald Garabedian, Treasurer; Christopher Bailey,
Vice President-Research and Development; and James Dunleavy, Vice President-
Outsourcing Services.
About Peritus
Founded in 1991, Peritus Software Services, Inc. is a provider of software
maintenance outsourcing services. The Peritus Software Asset Maintenance (SAM)
offerings enable organizations to transform the maintenance process into an
efficient, cost-effective discipline that boosts productivity and performance.
SAM offerings include customized services for software providers and information
systems organizations. Peritus is headquartered in Billerica, MA. For more
information, see the Peritus web site at http://www.peritus.com.
This press release may contain certain forward-looking statements, which involve
risks and uncertainties. The Company's actual results may differ materially from
the results discussed in such statements. Certain factors that could cause
actual results to differ materially from those discussed in such forward-looking
statements include the risks described in the Company's Annual Report on Form
10-K for the year ended December 31, 1998 and other public filings made by
Peritus with the Securities and Exchange Commission, which factors are
incorporated herein by reference.
Contact: Ronald Garabedian
Treasurer
Peritus Software Services, Inc.
978-670-2500
Fax: 978-670-2060
Internet: [email protected]
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Peritus is a registered trademark and Software Asset Maintenance is a service
mark of Peritus Software Services, Inc.
