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: JANUARY 23, 2000
(Date of Earliest Event Reported)
ONTRACK DATA INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
MINNESOTA 0-21375 41-1521650
(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of Incorporation)
9023 COLUMBINE ROAD
EDEN PRAIRIE, MN 55347
(Address of principal executive offices)
Registrant's telephone number, including area code: (612) 937-1107
<PAGE>
ITEM 5. OTHER EVENTS.
On January 23, 2000, ONTRACK Data International, Inc. ("Ontrack"),
Legato Systems, Inc. ("Legato") and Lasso Acquisition Corp. ("Lasso"), a
wholly-owned subsidiary of Legato, entered into a Mutual Termination Agreement
which terminated the Agreement and Plan of Reorganization (the "Agreement"),
dated November 18, 1999, between Ontrack, Legato and Lasso. The Agreement had
contemplated a merger of Ontrack with Lasso whereby Ontrack would have become a
wholly-owned subsidiary of Legato.
Ontrack also canceled the Special Meeting of Shareholders of Ontrack
scheduled for January 31, 2000.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Exhibits
99 Press release of Ontrack, dated January 24, 2000.
<PAGE>
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.
ONTRACK DATA INTERNATIONAL, INC.
January 27, 2000 By /s/ Michael W. Rogers
--------------------------------------
Michael W. Rogers
Chief Executive Officer
Exhibit 99
ONTRACK ANNOUNCES TERMINATION OF LEGATO MERGER AGREEMENT
MINNEAPOLIS, Jan. 24 -- ONTRACK Data International, Inc. (Nasdaq:
ONDI) announced today that Ontrack and Legato Systems, Inc. (Nasdaq: LGTO) have
terminated the Agreement and Plan of Reorganization dated November 18, 1999,
which contemplated the merger of Ontrack with a wholly-owned subsidiary of
Legato.
Ontrack also announced that it has canceled the special meeting of
shareholders scheduled for January 31, 2000.
Ontrack, a leading provider of data availability software and
service solutions, helps customers protect, back up, recover and discover their
valuable data. Using its hundreds of proprietary tools and techniques, Ontrack
is able to recover lost or corrupted data from all operating systems and types
of storage devices through its do-it-yourself, remote and in-lab capabilities.
Ontrack now offers a line of award-winning software tools to help prevent
critical data loss through a broad line of problem-solving, file management and
productivity utilities. Ontrack can be reached through its World Wide Web site
at http://www.ontrack.com or by calling 800-872-2599 (612-937-5161). In addition
to its Minneapolis headquarters, Ontrack operates other locations in Los
Angeles, Boulder, Colo., Washington D.C., New York, Tokyo, London, Paris and
Stuttgart.
ONTRACK is a trademark or registered trademark of ONTRACK Data
International, Inc. in the United States and/or other countries. All other
brands and product names are trademarks or registered trademarks of their
respective holders.
/CONTACT: Tom Skiba of ONTRACK Data International, Inc.,
612-949-4017, or [email protected]; or Matt Kucharski of Padilla Speer
Beardsley, 612-871-8877, or [email protected]/
