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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 and Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): December 17, 1999
METACREATIONS CORPORATION
(Exact name of registrant as specified in its charter)
Commission file number 0-27168
Delaware 95-4102687
(State of incorporation) (I.R.S. Employer Identification Number)
6303 Carpinteria Ave, Carpinteria, CA 93013
(Address of principal executive offices)
(805) 566-6200
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
Please refer to the following press release, dated December 14, 1999, announcing
certain changes to an officer of the Company:
METACREATIONS ANNOUNCES CHIEF EXECUTIVE OFFICER CHANGES
Carpinteria, Calif., December 14, 1999 -- MetaCreations Corporation (Nasdaq:
MCRE) today announced that Gary Lauer, the Company's current chairman, president
and chief executive officer, is resigning as president and chief executive
officer to join another company. Lauer will remain on the Board of Directors and
as the Company's chairman.
"We wish to thank Gary for his leadership as CEO in helping us define and
develop the Company's e-commerce visualization strategy and activities, and we
are pleased that he will be part of the Board of Directors as we continue to
make ourselves the market leader in e-commerce visualization," said Howard
Morgan, a member of MetaCreations Board of Directors and vice-chairman of
IdeaLab.
Mark Zimmer, currently the President of MetaCreations' business graphics
division, has been appointed president and chief executive officer of
MetaCreations. Mark was a co-founder and CEO of Fractal Design, which merged
into MetaCreations Corporation.
"We are pleased that Mark Zimmer has agreed to step into the role as president
and CEO. He and Gary have worked closely together on the development of the
Company's strategy, and we have great confidence in Mark's ability to help us
continue to move forward," said Morgan.
About MetaCreations
MetaCreations Corporation is focused on e-commerce visualization solutions for
the World Wide Web. MetaCreations' strategy is centered on the Company's
MetaStream technology and software tools designed to make the interactive use of
photo-realistic 3D on the Web practical and pervasive. MetaStream.com
Corporation, a joint initiative between MetaCreations and Computer Associates,
is MetaCreations' initiative for the delivery of e-commerce visualization
solutions for the Web. The Company is headquartered in Santa Barbara County,
California and can be reached on the World Wide Web at
http://www.metacreations.com. Additional information about MetaStream.com is
available at http://www.metastream.com.
This release contains forward-looking statements made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995.
Actual results may differ materially as a result of a number of risks and
uncertainties affecting the Company's business. Such risks include, but are not
limited to, the following: no assurance that MetaCreations will become a market
leader in e-commerce visualization. For a more detailed discussion of factors
that affect MetaCreations' operating results, interested parties should review
MetaCreations' SEC reports, including MetaCreations' Annual Report on Form 10-K
for the year ended December 31, 1998, and Quarterly Reports on Form 10-Q.
# # #
MetaCreations, MetaStream and MetaFlash are either registered trademarks or
trademarks of MetaCreations Corporation. Other product and company names herein
may be trademarks of their respective owners.
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Press Contacts:
Terry Kinninger
Chief Financial Officer
(805) 566-6200
[email protected]
Betty Franklin
Investor Relations
(805) 566-6289
[email protected]
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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, thereunto duly authorized.
METACREATIONS CORPORATION
(Registrant)
DATE: DECEMBER 17, 1999 /s/ TERANCE A. KINNINGER
------------------------
Terance A. Kinninger
Senior Vice President and
Chief Financial Officer
