SAGENT TECHNOLOGY INC
424A, 1999-03-23
PREPACKAGED SOFTWARE
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<PAGE>   1
                                                  Filed Pursuant to Rule 424(a)
                                                  Registration No. 333-71369
 
                   PROSPECTUS SUPPLEMENT DATED MARCH 23, 1999
                                     TO THE
                          PROSPECTUS DATED MARCH 17 1999
 
     The following information should be read in conjunction with the
information contained in the prospectus dated March 17, 1999 relating to the
initial public offering of 5,000,000 shares of the common stock of Sagent
Technology, Inc.
 
                         THIRD PARTY INFRINGEMENT CLAIM
 
     "Risk Factors -- Our Proprietary Technology May Be Subjected to
Infringement Claims or May be Infringed Upon" on pages 11 and 12 shall be
amended to insert the following text as a second paragraph at the end of the
risk factor:
 
   
          On March 19, 1999, we received written notice from Timeline, Inc.
     alleging that the Sagent DMS product suite infringes one or more of the
     claims of a Timeline patent. On March 22, 1999, we received a verbal
     communication from Timeline's legal counsel that it had filed suit against
     us based on the alleged patent infringement claim. We have not received
     further information or documentation regarding this claim and therefore
     cannot fully evaluate it. Pursuing potential litigation with Timeline could
     be costly and could divert management and our technical staff from
     operating our company, regardless of the outcome.
    
 
     "Business -- Legal Proceedings" on page 43 of the prospectus is hereby
amended as follows to delete the current text and insert in lieu thereof the
following text:
 
          Other than as set forth under "Risk Factors -- Our Proprietary
     Technology May Be Subjected to Infringement Claims or May be Infringed
     Upon, " Sagent is not currently a party to any material legal proceedings.


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