<PAGE> 1
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 (date of earliest event reported): July 27, 2000
ARIS CORPORATION
--------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in Charter)
WASHINGTON 0-22649 91-1497147
------------------------------- ------------------------ -------------------
(State or Other Jurisdiction of (Commission File Number) (IRS Employer
Incorporation) Identification No.)
2229 - 112TH AVENUE N.E., BELLEVUE, WASHINGTON 98004
--------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
(425) 372-2747
--------------------------------------------------------------------------------
Registrant's telephone number, including area code
NONE
--------------------------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
<PAGE> 2
ITEM 5. OTHER EVENTS.
On July 27, 2000, Aris Corporation (the "Company" or "Aris") announced
that the Company has signed a letter of intent to sell a majority share of the
company's software division to a group of investors led by Paul Song, Aris'
Chairman of the Board and former CEO for total consideration of approximately
$2.6 million in cash, stock and receivables. Aris will retain a 15% interest in
Aris Software. The sale is expected to be completed on or about August 31, 2000.
The Company issued a press release on July 27, 2000 announcing the
signing of the letter of intent. A copy of the press release is filed as Exhibit
99.1 to this Current Report on Form 8-K.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits.
<TABLE>
<S> <C>
99.1 Press release dated July 27, 2000: "ARIS SELLS
SOFTWARE DIVISION"
</TABLE>
<PAGE> 3
SIGNATURE
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.
ARIS CORPORATION
By: /s/ Diane Gamache
----------------------------------
Diane Gamache, CPA
Chief Financial Officer
Dated: August 9, 2000
<PAGE> 4
EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit Number Description
-------------- -----------
<S> <C>
99.1 Press release dated July 27, 2000: "ARIS SELLS SOFTWARE
DIVISION"
</TABLE>
