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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 8, 2000
INTERACT COMMERCE CORPORATION
(formerly SalesLogix Corporation)
(Exact name of registrant as specified in charter)
Delaware 0-26161 86-0808340
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
8800 N. Gainey Center Drive, Suite 200
Scottsdale, Arizona 85258
(Address of principal executive offices) (Zip Code)
(480) 368-3700
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
On May 8, 2000, we announced the appointment of John Harbottle as our new
Chief Financial Officer. A press release relating to this event is attached
hereto as Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits
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Exhibit No. Description
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99.1 Press Release dated May 8, 2000.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
INTERACT COMMERCE CORPORATION
By: /s/ Gary R. Acord
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Gary R. Acord
Chief Financial Officer
Dated: May 8, 2000
2
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EXHIBIT 99.1
FOR RELEASE: MAY 8, 2000
NBCI EXEC JOHN HARBOTTLE JOINS INTERACT COMMERCE
CFO OF 20-MILLION MEMBER XOOM AND SNAP NETWORKS TO DIRECT COMPANY'S INTERNET
EXPANSION STRATEGY
SCOTTSDALE, Ariz., May 8, 2000 - Interact Commerce Corporation (Nasdaq: IACT), a
leading provider of interactive selling solutions (formerly known as SalesLogix
Corporation), today announced the appointment of John Harbottle as its Executive
Vice President - Finance and Chief Financial Officer. Harbottle brings more than
24 years of experience in senior financial roles. He most recently served as CFO
and Executive Vice President - Finance of NBC Internet (Nasdaq: NBCI). Reporting
to Interact Commerce CEO and President Pat Sullivan, Harbottle is responsible
for all the company's strategic financial operations.
Harbottle's career includes both domestic and international experience in
strategic and financial planning with companies operating in, among other areas,
Internet e-commerce, software development, information technology, and consumer
products. As CFO of NBCi, he was instrumental in the merger of Xoom.com, Snap,
and other NBC Internet properties to create NBCi, an integrated Internet media
company that combines portal, community, and e-commerce services for more than
20 million members. He also played a key part in raising $740 million for NBCi
and Xoom.com during their IPO and two secondary offerings. Before joining NBCi,
Harbottle was CFO of Mastering Computers, Inc., a technology training company.
He served the same role for Zenger-Miller, an international training,
consulting, and education company.
"When a company grows as rapidly as Interact Commerce has, it needs a skilled
and seasoned management team to sustain and further propel its momentum. I am
thrilled that Interact Commerce was able to find a world-class CFO to help
manage its explosive growth," said Sullivan. "We are well on our way toward
becoming a profitable company and, having led profitable businesses, John brings
the financial skill set we need to continue our progress. He clearly understands
our new business model because he has such strong experience with a major
Internet-based company. We expect John to make a major contribution to Interact
Commerce as we continue to lead in the interactive selling solutions space."
(more)
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2-2-2
Harbottle said, "With its strong SalesLogix and ACT! brands, plus Interact.com,
Interact Commerce is well positioned to continue its rapid growth. The company
has a great understanding of its customers and I believe we can take advantage
of that knowledge to deliver greater value to our customers, partners, and
shareholders. I'm looking forward to working closely with Pat and the entire
management team as we develop and maintain strong, credible relationships with
Wall Street, financial analysts, and Interact Commerce shareholders."
ABOUT INTERACT COMMERCE CORPORATION
Interact Commerce Corporation is a leading provider of interactive selling
solutions for individuals, organizations, and communities. The company's
products integrate all aspects of the selling process, including mobile and
internal sales, e-commerce channels, marketing, support, third-party resellers,
service providers, and supply chain participants. Interact Commerce Corp.
product lines include ACT!, SalesLogix2000, and Interact.com. Headquartered in
Scottsdale, Ariz., the company can be found on the World Wide Web at
http://www.interactcommerce.com.
# # #
This press release contains forward-looking statements that involve risks and
uncertainties that could cause actual results or outcomes to differ materially
from those contemplated by the forward-looking statements. Important factors
that may cause or contribute to such differences include, but are not limited
to: risks associated with recent acquisitions; our ability to implement new
marketing strategies; market demand and acceptance; the impact of competitive
products and services; risks associated with the timing and successful
completion of technology and product development and commercialization; the
effect of economic and business conditions; the ability to attract and retain
technical and management personnel; changing relationships with customers,
suppliers and strategic partners, including the company's indirect distribution
channel; and other risks detailed in the company's annual report on Form 10-K
filed with the Securities and Exchange Commission on March 30, 2000. Interact
Commerce undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
SalesLogix is a registered trademark of Interact Commerce Corporation.
Interact.com is a trademark of Interact Commerce Corporation. ACT! is a
registered trademark under exclusive license to Interact Commerce Corporation by
its owner, Symantec Corporation, in the U.S. and other countries. All other
trademarks or registered marks are owned by their respective holders.
Contact: Judy Merrill Bott, Interact Commerce Corporation, +1-480-368-3700,
[email protected]
