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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
December 8, 2000
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(Date of Report)
NETWORK COMMERCE INC.
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(Exact Name of Registrant as Specified in Charter)
WASHINGTON 000-26707 91-1628103
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State or Other Jurisdiction (Commission File No.) (IRS Employer
of Incorporation) Identification No.)
411 FIRST AVENUE SOUTH, SUITE 200 NORTH, SEATTLE, WA 98104
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(Address of Principal Executive Offices, including Zip Code)
(206) 223-1996
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(Registrant's Telephone Number, Including Area Code)
SHOPNOW.COM INC.
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS
On December 8, 2000, Network Commerce Inc. issued a press
release announcing reductions in operating costs and in its work force and
providing guidance on certain financial matters for fiscal year 2001. Also
on December 8, 2000, Network Commerce Inc. issued a press release announcing
the resignation of Alan Koslow as Chief Financial Officer and General Counsel.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) EXHIBITS
99.1 Press release announcing reductions in operating costs and in
its work force and providing guidance on certain financial
matters for fiscal year 2001.
99.2 Press release announcing the resignation of Alan Koslow as
Chief Financial Officer and General Counsel
2
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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.
NETWORK COMMERCE INC.
Dated: December 8, 2000 By /s/ Alan D. Koslow
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Alan D. Koslow
Executive Vice President,
Chief Financial Officer
General Counsel and Secretary
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EXHIBIT INDEX
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<CAPTION>
EXHIBIT NUMBER DESCRIPTION
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<S> <C>
99.1 Press release announcing reductions in operating costs and in its
work force and providing guidance on certain financial matters for
fiscal year 2001.
99.2 Press release announcing the resignation of Alan Koslow as Chief
Financial Officer and General Counsel
</TABLE>
