UNITED STATES
SECURITIES AND EXCHANGE COMMISSIONS
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:
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NETNATION COMMUNICATIONS, INC.
(Exact name of registrant as specified in its charter)
000-26881
(Commission File Number)
Delaware 33-0803438
(State or other jurisdiction of (I.R.S. Employer Identification Number)
incorporation or organization)
Suite 1410, 555 West Hastings Street
Vancouver, B.C. V6B 4N6
(Address of principal executive offices, with zip code)
(604) 688-8946
(Registrant's telephone number, including area code)
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Item 5. Other Events
On September 25, 2000, NetNation Communications, Inc. ("NetNation"), a
Delaware corporation, announced changes in management. Joseph Kibur, Director
and Vice President of Strategic Planning, has been promoted to Chief Executive
Officer. The position of Chief Executive Officer was previously held by Ashley
Sinclair who resigned effective September 25, 2000. Glen Ibbott, Chief
Financial Officer and Teri McEachern, Chief Administrative Officer have also
resigned effective September 25, 2000.
The press release filed as an exhibit to this report includes "safe harbor"
language pursuant to the Private Securities Litigation Reform Act of 1995,
indicating that certain statements about the Company's business contained in the
press release are "forward-looking" rather than "historic".
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Item 7. Financial Statements and Exhibits
(c) Exhibits.
99.1 News Release dated September 25, 2000.
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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 thereunto duly authorized.
NETNATION COMMUNICATIONS, INC.
Date: September 25, 2000 By: /s/ David Talmor
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David Talmor
President and Chairman
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NETNATION COMMUNICATIONS, INC.
INDEX TO EXHIBITS
Exhibit Description
Number
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99.1 News Release dated September 25, 2000
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News Release
NetNation Announces Management Changes
Vancouver, BC, and San Diego, CA - September 25, 2000. NetNation Communications,
Inc. (Nasdaq: NNCI), a global, top-ranked web site hosting company, domain name
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registrar (DNR) and application service provider (ASP), announced today the
following management changes.
Mr. Joseph Kibur, Director and Vice President of Strategic Planning, has been
promoted to Chief Executive Officer, a position previously held by Ashley
Sinclair who resigned today. Glen Ibbott, Chief Financial Officer and Teri
McEachern, Chief Administrative Officer have also resigned effective
immediately. Mr. David Talmor remains as Chairman and President.
A co-founder of the Company, Mr. Joseph Kibur has been instrumental in
developing NetNation into one of the ten best web hosting companies in the
world. Under his leadership, NetNation has successfully expanded its operations
into Europe and formed strategic alliances with key industry players such as
Network Solutions, a VeriSign company (Nasdaq: VRSN) and The Internet
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Corporation for Assigned Names and Numbers (ICANN). In recent months, Mr. Kibur
has focused on expanding the Company in the US and internationally.
Mr. David Talmor stated, "I am delighted that Joseph is taking on a greater role
to drive NetNation forward. Last quarter revenue results were disappointing and
I am confident these changes will bring the Company back on track."
About NetNation Communications, Inc.
NetNation Communications, Inc. (http://www.netnation.com) is a global,
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top-ranked web site hosting company, domain name registrar (DNR) and application
service provider (ASP) with clients in more than 130 countries. NetNation has
been consistently ranked among the top 10 web hosting companies in the world by
leading industry evaluators. The company's wholly owned subsidiary,
DomainPeople, Inc. (http://www.domainpeople.com) is an ICANN accredited and
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operational registrar of Internet domain names. NetNation has strategic
alliances with Cobalt Networks Inc. (Nasdaq: COBT), GT Group Telecom (Nasdaq:
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GTTLB, TSE: GTG.B) and SmartAge.com. The company has offices in Vancouver, BC,
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San Diego, CA, and London, England. NetNation is a trademark of NetNation
Communications, Inc.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of
1995: In this news release, the word "will" and similar conditional or future-
oriented expressions are intended to identify forward-looking statements. Such
statements are inherently subject to a variety of risks and uncertainties that
could cause actual results to differ materially from those reflected in such
forward-looking statements.
Contact:
John Gomez
Investor Relations
Tel. 888 277 0000 Ext. 133
[email protected]
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