UNITED STATES
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 23, 1996
CHEYENNE SOFTWARE, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 1-9189 13-3175893
(State or Other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
3 Expressway Plaza, Roslyn Heights, NY 11577
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (516) 484-5110
Page 1 of 3<PAGE>
ITEM 5. OTHER EVENTS.
On April 23, 1996, Cheyenne Software, Inc. issued
the press release attached hereto as Exhibit 20, which is
hereby incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
20. Press release dated April 23, 1996.
Page 2 of 3<PAGE>
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.
CHEYENNE SOFTWARE, INC.
Date April 24, 1996 /s/ ReiJane Huai
Name: ReiJane Huai
Title: President and Chief
Executive Officer
Page 3 of 3<PAGE>
EXHIBIT LIST
20. Press release dated April 23, 1996.
EXHIBIT 20
CHEYENNE
NEWS RELEASE
FOR IMMEDIATE RELEASE
Contacts: Roy Winnick
Richard Wolff
Kekst and Company
(212) 593-2655
CHEYENNE SOFTWARE'S EXECUTIVE MANAGEMENT TEAM
SENDS LETTER TO McAFEE PRESIDENT/CEO WILLIAM L. LARSON
Roslyn Heights, N.Y., April 23, 1996 -- Cheyenne Software, Inc.
(AMEX:CYE) said today that its entire executive management
team, including the top executives responsible for the com-
pany's flagship products, core technology, sales, marketing,
operations, technical support and finances, today sent the fol-
lowing letter to William L. Larson, President and Chief Execu-
tive Officer of McAfee Associates, Inc.:
Mr. William L. Larson
President and Chief Executive Officer
McAfee Associates, Inc.
2710 Walsh Avenue
Santa Clara CA 95051-0963
Dear Bill:
We, the senior executives of Cheyenne Software, Inc., have read
and heard numerous statements in the media attributed to you
that grossly misrepresent our views of your merger proposal.
We are writing this letter to make our views perfectly clear.
Each of us believes that a merger with McAfee is not in the
best interests of this Company, our stockholders, employees or
customers. We believe that a combination with McAfee is not
the best strategy for Cheyenne, we question the long-term
growth potential of McAfee's primary line of business, and we
see little, if any, synergistic opportunity from combining our
lines of business. In addition, from a financial perspective,
we are concerned about the ability of McAfee to sustain its
earnings growth.
We fee your statements about our chairman, ReiJane Huai, to be
insensitive, insulting and totally without basis. Each of us
- more -
Cheyenne Software, Inc.
Three Expressway Plaza, Roslyn Heights, New York 11577
Telephone (516) 465-4000 Fax (516) 484-3093
http://www.cheyenne.com<PAGE>
Cheyenne Software's Executive Management Team
Sends Letter to McAfee President/CEO William L. Larson/Page 2...
fully and unambiguously supports his and our other directors'
unanimous decision to reject your proposal.
This company is too important to its stockholders, employees,
customers and communities to risk its value and assets so that
you can -- to use your words -- "bag this bear."
Sincerely,
Yuda Doron Gerald Briggs
Executive Vice President Vice President of European
North America Sales Operations
Doris Granatowski Robert Daly
Executive Vice President Vice President of
of Operations Engineering
Alan W. Kaufman Steve Kendall
Executive Vice President of Vice President of Far East
Sale and Secretary Operations
Elliot Levine Jeffrey E. Finkle
Executive Vice President, Vice President and General
Senior Financial Officer Manager of Unix Division
and Treasurer
Michael Adler John McIntosh
Vice President, General Counsel Vice President of Tactical
and Assistant Secretary Services
Stephen Brander
Vice President of Sales Strategy
and Planning
About Cheyenne Software
Cheyenne Software, Inc. is an international developer of
essential software solutions for NetWare, Windows NT, UNIX,
Macintosh, OS/2, Windows 3.1 and Windows 95 operating systems.
Its enterprise-wide offerings include an array of storage man-
agement, security, and communications products, including Chey-
enne[R] HSM, JETserve[TM], InocuLAN[R], FAXserve[TM], and its
flagship product line, the ARCserve[R] family of network backup
software. Cheyenne can be contacted at (800) 243-9462 (U.S. or
Canada) or (516) 465-4000, or by visiting its WWW home page at:
http://www.cheyenne.com.
# # # #
Cheyenne Software, Inc.
Three Expressway Plaza, Roslyn Heights, New York 11577
Telephone (516) 465-4000 Fax (516) 484-3093
http://www.chyenne.com
