U.S. 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): June 14, 2000
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INFODATA SYSTEMS INC.
(Exact Name of Registrant as Specified in its Charter)
0-10416
(Commission File Number)
Virginia 16-0954695
(State or other jurisdiction (I.R.S. Employer Identification No.)
of incorporation)
12150 Monument Drive, Fairfax, Virginia 22033
(Address of Principal Executive Office) (Zip Code)
(703) 934-5205 (Issuer's Telephone Number)
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Item 5. Other Events.
CONSULTING AGREEMENT WITH CLARIA CORPORATION
On June 14, 2000, Infodata Systems Inc. (the "Company") entered into a
Consulting Agreement with CLARIA Corporation, a company located in Mountain
View, California, ("CLARIA") pursuant to which the Company will provide
consulting services to CLARIA, including business-to-business Internet
solutions services and the design and development of an e-commerce website
system. In addition to the Company's standard consulting fees, the Consulting
Agreement provides for the grant to the Company of warrants to purchase
145,000 shares of CLARIA's common stock. Afforded to the Company at the
completion of the contract, the warrants will bear a per-share exercise price
equal to CLARIA's market value as of the closing of its Series B round of
financing, but in no event will the exercise price be greater than $1.50 per
share. The warrants will expire four years from the date of grant.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
INFODATA SYSTEMS INC.
/s/STEVEN M. SAMOWICH
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Date: June 29, 2000 Steven M. Samowich
President and
Chief Executive Officer