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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): JANUARY 4, 2000
Commission File Number: 0-17020
SENSAR CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
NEVADA 87-0429944
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(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
50 WEST BROADWAY, SUITE 501
SALT LAKE CITY, UTAH 84101
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(Address of Principal Executive (Zip Code)
Offices)
Registrant's Telephone Number, Including Area Code:
(801) 350-0587
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N/A
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(Former name, former address, and formal fiscal year, if changed
since last report)
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ITEM 5. OTHER EVENTS
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Sensar Corporation issued the following press release on January 4, 2000:
Salt Lake City, UT, January 4, 2000 - Sensar Corporation (Nasdaq symbol
"SCII") announced today that Mr. Joav Avtalion has been appointed as Director of
Net2Wireless, Inc. and will become a Director of the combined entity upon
completion of the acquisition of Net2Wireless, Inc. by Sensar.
Mr. Avtalion co-founded Nice Systems Ltd. ("Nice Systems") in 1986 and held
the position of Senior Vice President Marketing and Business Development since
its inception. Nice Systems specialized in the field of high speed data
communications and communications intelligence. In 1995 Nice Systems was sold
to 3Com Inc. in a landmark transaction between an Israeli technology company and
a multinational US Corporation.
Mr. Avtalion's appointment will be effective from January 5, 2000. Mr.
David Rubner, Chairman of Net2Wireless and former Chairman and CEO of ECI
Telecom, said "Mr. Avtalion has extensive experience in the telecommunications
market having built strategic partnerships with leading companies in this field
in Europe, Asia and the US, including BT, Lucent, Siemens, and Alcatel. At Nice
systems he was directly responsible for the creation of its worldwide
distribution network including its sales and support offices in the US and
Europe."
"I am pleased to be joining Mr. David Rubner at Net2Wireless Inc. My
extensive experience and connections in the telecommunications market should be
extremely useful in establishing Net2Wireless' presence globally as we roll out
its technology" said Mr. Avtalion.
This press release contains certain forward-looking statements concerning
the potential transaction with Net2Wireless which is subject to a number of
conditions, including shareholder consent and the satisfaction of certain other
contractual conditions that may or may not be met. The above statements are not
meant to be predictions of the future and are subject to a number of conditions
and uncertainties. For a discussion of the contingencies and uncertainties to
which the information concerning future events is subject, please refer to the
Company's report on Form 10-K for December 31, 1998, and other SEC reports.
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SIGNATURES
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Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange of 1934, as amended, the Registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.
Dated: January 4, 2000 SENSAR CORPORATION
By: /S/ Howard S. Landa
Chairman of the Board
(Chief Executive Officer
and Principal Financial and
Accounting Officer)
