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): October 5, 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 Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code:
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(801) 350-0587
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
Sensar Corporation issued the following press release on October 5,
2000.
Salt Lake City, UT, October 5, 2000 - Sensar Corporation (NASDAQ symbol "SCII")
announced today that an alliance agreement has been signed between Net2Wireless
Corporation and Lucent Technologies (NYSE "LU"). The agreement that was signed
with Lucent's Mobile Internet Cooperative Innovations sm. Program, is a
worldwide alliance agreement under which Lucent will market Net2Wireless'
3GateTM Platform.
Nehemia Davidson, CEO of Net2Wireless Corporation said, "We are very excited
that Lucent, a major player in the world telecommunications market, has chosen
our technology and product. This will enable us to extend and accelerate our
presence in the global market. Lucent's vast experience and established
distribution network, together with Net2Wireless' proprietary technology, will
help us both meet customer needs and to provide cellular carriers with a one
stop solution to deliver the widest range of data application to their
subscribers today."
About Net2Wireless
Net2Wireless has developed technology to enable digital cellular operators to
provide applications that would typically be provided through a 3G network,
using 2G/2.5G existing infrastructure and mobile devices such as PDA's, smart
mobile phones and hand held computers, all over one backbone. Net2Wireless
technology utilizes state-of-the-art digital content compression, advanced
pattern recognition technology and innovative streaming communication
technology, supporting scalable communications from 9600 bps and higher, using
ultra-low bandwidth. The system is scalable, modular and fully redundant. For
additional information visit the website: http://www.net2w.com
This press release contains certain forward-looking statements concerning the
potential products of Net2Wirelss, which are still in the development and
testing stage. The products are subject to all the risk associated with new
market structures and broad based consumer demand. The above statements are not
meant to be predictions of the future and are subject to all of the
uncertainties set forth above and many others that may develop in the future.
Sensar Corporation has filed a preliminary copy of a registration statement on
Form S-4 with respect to a proposed merger between Sensar Corporation and
Net2Wireless. For a discussion of the contingencies and uncertainties relating
to the merger of Sensar Corporation. and Net2Wireless to which some of the
information concerning future events is subject, please refer to Sensar's report
on Form 10-K for December 31, 1999, and its current filing on Form S-4, which is
preliminary in nature and is subject to further completion and amendment.
Investors are urged to read the registration statement on Form S-4 and all
subsequent amendments or other filings by Sensar Corporation because they
contain important information. These documents can be obtained for free at the
Commissions website at http://www.sec.gov or by requesting a copy from Sensar
Cooperation, 50 West Broadway, Suite 501, Salt Lake City, Utah 84101.
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<PAGE>
SIGNATURES
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: October 5, 2000 SENSAR CORPORATION
By /s/ Howard S. Landa
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Howard S. Landa, Chairman of the Board
(Chief Executive Officer and Principal
Financial and Accounting Officer)
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