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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) July 23, 1999
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ON Technology Corporation
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(Exact name of registrant as specified in its charter)
Delaware 0-26376 04-3162846
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
One Cambridge Center Cambridge, MA 02142
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (617) 374-1400
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N/A
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(Former name or former address, if changed since last report.)
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ON Technology Corporation
Item 5. Other events
Attached hereto is a copy of the Registrant's press releases relating to
the streamlining of its senior sales and marketing staff.
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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 thereunto duly authorized.
ON Technology Corporation
By: /s/ Herman DeLatte
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Herman DeLatte
President and Chief Executive Officer
Dated: July 23, 1999
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Exhibit Index
Exhibit A
Copy of the Registrant's press release, dated July 21, 1999 relating to the
streamlining of its senior sales and marketing staff.
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Exhibit A
ON Technology Organizational Changes: Streamlines
Sales and Marketing Team
Cambridge, Mass (July 21, 1999) ON Technology Corporation (Nasdaq: ONTC) today
announced that it has implemented several measures to streamline its senior
sales and marketing staff. Hans-Till Freiherr von Ruexleben, presently vice
president, professional support, has been promoted to vice president, North
American Sales and Support. In this position, he replaces Robert Orr, vice
president, North American sales, who has resigned to pursue other non-competing
interests. Mr. von Ruexleben's new position will also encompass
responsibilities for tactical marketing. Roy Sanford, vice president, worldwide
marketing, also resigned.
"Till brings to his new position an outstanding track record of performance,
both at ON as well as in his prior engagements," said Herman Delatte, ON's
president and CEO. Before joining ON, Mr. von Ruexleben was the founder and
Managing Director of the German-based csd Software GmbH, where he developed and
successfully marketed what today is ON Technology's cornerstone product--ON
Command CCM. Under Mr. von Ruexleben's leadership, csd grew to more than 50
employees and revenues in excess of $10 million. ON Technology acquired csd in
1997.
Before founding csd, Mr. von Ruexleben served as Quality Manager at Siemens
Nixdorf AG, where he consulted leading corporations on network architecture,
backup strategy and network management. Prior to his tenure at Siemens, he was
responsible for establishing the first Client/Server applications and PCs at IDV
(Individuelle Datenverarbeitung) Manager at Bayerische Landesbank in Munich. Mr.
von Ruexleben holds the equivalent of the Master of Computer Science degree. He
has attended post-graduate classes in Business Administration.
"We strongly feel that Till is optimally qualified to lead ON's North American
sales and support efforts," said Mr. Delatte. "His experience at csd is
particularly valuable since he has proven that he clearly understands and can
communicate the value that our solution brings to the marketplace.
Furthermore, since 1997, Till has played an indispensable role in ON's global
account management efforts. We are happy to welcome him in his new capacity."
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About ON Technology Corporation
ON Technology Corporation is a publicly held company based in Cambridge,
Massachusetts. Founded in 1985, ON Technology provides open and scalable desktop
management solutions that result in financial, operational and strategic
benefits for enterprise networks. More information about ON Technology can be
found at www.on.com.
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ON Technology, ON Command CCM and Meeting Maker are registered trademarks of ON
Technology Corporation.
All other brand names and trademarks are properties of their
respective owners.
The statements in this news release that relate to future plans, events or
performance are forward-looking statements that involve risks and uncertainties,
including risks associated with uncertainties pertaining to customer orders,
demand for products and services, development of markets for the Company's
products and services and other risks identified in the Company's SEC filings.
Actual results, events and performance may differ materially. Readers are
cautioned not to place undue reliance on these forward-looking statements, which
speak only as of the date hereof. The Company undertakes no obligation to
release publicly the result of any revisions to these forward-looking statements
that may be made to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events.
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