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): April 14, 1999
SECURITY FIRST TECHNOLOGIES CORPORATION
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(Exact name of registrant as specified in its charter)
DELAWARE 000-24931 58-2395199
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
3390 PEACHTREE ROAD, NE, SUITE 1700, ATLANTA, GEORGIA 30326
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(Address of principal executive offices)
Registrant's telephone number, including area code: (404) 812-6200
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NOT APPLICABLE
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(Former name or former address, if changed since last report)
<PAGE>
ITEM 5. OTHER EVENTS.
Security First Technologies Corporation ("S1") announced on April 14, 1999
that its Board of Directors has declared a two-for-one stock split. On April 26,
1999, S1 announced that S1's annual meeting of shareholders will be held on
Thursday, June 3, 1999 at 9:00 a.m. at the Grand Hyatt Atlanta, 3300 Peachtree
Road, Atlanta, Georgia 30305.
S1 issued a press release on April 14 1999 describing the stock split and a
press release on April 26, 1999 describing the annual meeting. Those press
releases are filed as Exhibits 99.1 and 99.2 hereto.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits.
Exhibit
No. Description
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99.1 Press release dated April 14, 1999.
99.2 Press release dated April 26, 1999.
<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.
SECURITY FIRST TECHNOLOGIES CORPORATION
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(Registrant)
/s/ Robert F. Stockwell
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Robert F. Stockwell
Chief Financial Officer and Treasurer
Date: April 28, 1999
<PAGE>
EXHIBIT INDEX
Exhibit
No. Description
--- -----------
99.1 Press release dated April 14, 1999.
99.2 Press release dated April 26, 1999.
Exhibit 99.1
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For More Information:
Robert Stockwell, CFO
Security First Technologies
(404) 812-6780
Marcy Theobald, PR Manager
Security First Technologies
(404) 812- 6254
SECURITY FIRST TECHNOLOGIES ANNOUNCES
2-FOR-1 STOCK SPLIT
ATLANTA, April 14, 1999 Security First Technologies Corporation, or S1,
(NASDAQ: SONE), a premier provider of Internet financial services applications,
today announced that its board of directors has approved a 2-for-1 split of its
common shares payable to its shareholders of record as of the close of business
on April 26, 1999. Each stockholder will receive one additional share for each
share owned on the record date. The additional shares will be issued on May 7,
1999. The stock split will increase the number of shares of common stock
outstanding from approximately 12.5 million shares to approximately 25.1 million
shares.
About S1
Security First Technologies, or S1 (NASDAQ: SONE), builds, delivers and operates
integrated, transactional and brandable Internet applications for financial
institutions. S1?s secure solutions are available for in-house implementations
or can be outsourced to the S1 Data Center. S1 also offers training, product
integration and customer service center outsourcing. S1, through direct sales
and channel partnerships, has agreed to provide software applications and
technology to more than 100 financial entities, including 14 of the top 100 U.S.
financial institutions. S1 has more than 375 employees worldwide and can be
reached at www.S1.com.
# # #
Security First Technologies and S1 are registered trademarks of Security First
Technologies Corporation. All other company and product names may be trademarks
of their respective owners.
Exhibit 99.2
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FOR MORE INFORMATION:
Marcy Theobald, PR Manager
Security First Technologies
(404) 812- 6254
SECURITY FIRST TECHNOLOGIES
RE-SCHEDULES DATE OF ANNUAL MEETING
ATLANTA, April 26, 1999 -- Security First Technologies Corporation, or S1,
(NASDAQ: SONE), a premier provider of Internet-based applications for the
financial services industry, today announced that its Board of Directors has
re-scheduled the Company's annual meeting of shareholders from Friday, June 4,
1999 to Thursday, June 3, 1999. The meeting will be at 9:00 a.m. (EDT) at the
Grand Hyatt Atlanta, 3300 Peachtree Road, Atlanta, Georgia 30305. The record
date for determining shareholders entitled to vote at the meeting was April 21,
1999.
ABOUT S1
Security First Technologies, or S1 (NASDAQ: SONE), builds, delivers and
operates integrated, transactional and brandable Internet applications for
financial institutions. S1's secure solutions are available for in-house
implementations or can be outsourced to the S1 Data Center. S1 also offers
training, product integration and customer service center outsourcing. S1,
through direct sales and channel partnerships, has agreed to provide software
applications and technology to more than 100 financial entities, including 14 of
the top 100 U.S. financial institutions. S1 has more than 375 employees
worldwide and can be reached at www.S1.com.
# # #
Security First Technologies and S1 are registered trademarks of Security First
Technologies Corporation. All other company and product names may be trademarks
of their respective owners.
