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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): September 25, 1996
TCSI Corporation
(Exact name of registrant as specified in its charter)
Nevada 0-19377 68-0140975
(State of incorporation) (Commission (IRS Employer
File Number) Identification No.)
2121 Allston Way, Berkeley, California 94704
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (510) 649-3700
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Item 5. Other Events.
On September 25, 1996, TCSI Corporation issued a press release, a
copy of which is filed herewith as Exhibit 28.
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 hereunto duly authorized.
TCSI Corporation
By: /s/Paul A. Farmer
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Paul A. Farmer
Chief Financial Officer
Date: September 25, 1996
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INDEX TO EXHIBITS
28. Press Release, dated September 25, 1996
TCSI Corporation Anticipates a Loss for Third Quarter
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For additional information contact:
TCSI Corporation
Investor Inquiries:
Leigh Salvo - (510)649-3800
TCSI CORPORATION ANTICIPATES A LOSS FOR THIRD QUARTER
BERKELEY, California - September 25, 1996 - TCSI Corporation (Nasdaq:
TCSI), the global provider of software to the telecom industry, reported
today that results for the quarter ended September 30, 1996 are expected to
include revenues below those reported for the quarter ended June 30, 1996
and that the Company anticipates incurring a net loss for the quarter.
"This quarter has turned out to be a disappointment," said Roger A.
Strauch, president and chief executive officer. "As previously indicated,
the nature of our business is such that it is difficult to predict the size
and timing of significant customer engagements and license fees. We
recently determined that a number of agreements that we had anticipated to
close during the quarter will likely not close by quarter-end. During the
quarter, the Company continued to invest significant amounts for the
development, introduction, and marketing of new products, product
enhancements, and services in anticipation of such orders."
Statements contained in this press release which are not historical facts
are forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Such forward-looking statements
are subject to a number of risks and uncertainties which could cause actual
results to differ materially from those projected. Such risks and
uncertainties include in particular the size and timing of license fees
closed during the quarter. Additional risks are detailed in the Company's
filings with the Securities and Exchange Commission, including its most
recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q.
TCSI Corporation
TCSI Corporation provides object-oriented software products, services, and
solutions to the telecom industry worldwide. Service providers and
equipment manufacturers deploy TCSI's software to enable a range of
customer services, automated processes, and the management of broadband,
wireless, and intelligent networks. TCSI serves its customers in offices
throughout North America, Europe, and the Pacific Rim.
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