<PAGE>
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 12, 2000
-----------------------------
Open Market, Inc.
- --------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in its Charter)
Delaware
- --------------------------------------------------------------------------------
(State or Other Jurisdiction of Incorporation)
0-28436 04-3214536
- ------------------------------------- ---------------------------------------
(Commission File Number) (IRS Employer Identification No.)
One Wayside Road, Burlington, Massachusetts 01803
- --------------------------------------------- --------------------------------
(Address of Principal Executive Offices) (Zip Code)
(781) 359-3000
- --------------------------------------------------------------------------------
(Registrant's Telephone Number, Including Area Code)
Not Applicable
- --------------------------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
<PAGE>
Item 5. Other Events
On January 12, 2000, Open Market, Inc. (the "Company") announced that effective
February 5, 2000, Ron Matros will become the Company's Chief Executive Officer,
while also retaining the title of President. Gary Eichhorn, the Company's
current Chief Executive Officer, will be retiring from the Company.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
The Company's press release dated January 12, 2000, is filed herewith as Exhibit
99.1
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Date: January 20, 2000 OPEN MARKET, INC.
By: /s/ Betty J. Savage
----------------------------
Betty J. Savage
Vice President and
Chief Financial Officer
EXHIBIT INDEX
-------------
Exhibit No. Exhibit
- ----------- -------
99.1 Press Release dated January 12, 2000.
<PAGE>
FOR IMMEDIATE RELEASE
MEDIA CONTACTS: INVESTOR CONTACT:
Katie O'Loughlin Annmarie Russell
Open Market, Inc. Open Market, Inc.
[email protected] [email protected]
781-359-7366 781-359-7589
OPEN MARKET ANNOUNCES THE PROMOTION OF RON MATROS TO
CHIEF EXECUTIVE OFFICER
BURLINGTON, MA - January 12, 2000 -- Open Market, Inc. (NASDAQ: OMKT), the
market share leader in Internet commerce software, today announced that
effective February 5, 2000, Ron Matros will become the company's Chief Executive
Officer, also retaining the title of President. Mr. Matros has served as the
company's President and Chief Operating Officer since the merger with
FutureTense, announced in July 1999. Mr. Matros previously served as the Chief
Executive Officer of FutureTense. Gary Eichhorn, Open Market's former Chief
Executive Officer, will be retiring from the company.
"Having completed a strong year and led the successful merger, the board had the
confidence in Ron to complete the process of his ascension to lead Open Market
into the 21st century," said Shikhar Ghosh, Open Market's founder and chairman.
"Ron has a strong track record in building successful customer-focused, market-
driven organizations. The dramatic growth of the FutureTense business is a
prime example of his sound leadership."
Mr. Ghosh continued, "Gary's leadership of the company has allowed us to rank
among the leaders in the e-business market. We thank Gary for his contributions
and wish him the best as he moves on to spend time with his family and embark on
new challenges."
"I am pleased that the Board approved my recommendation to promote Ron to the
company's chief executive," said Gary Eichhorn, Open Market's current Chief
Executive Officer. "The company is coming off a record year of creating
shareholder value and accomplishing other important metrics and is well
positioned to take advantage of its promising future opportunities."
"I am eager to take on the leadership of an organization with such a strong
market presence and a world-class talent and technology base," said Ron Matros,
President of Open Market. "The effects of the Internet on business are exploding
throughout the global economy, and we believe that Open Market will be a
significant participant in the growth of this market in the years ahead. I am
personally thrilled to have the opportunity to lead Open Market in these
exciting times."
(MORE)
<PAGE>
OPEN MARKET ANNOUNCES THE PROMOTION OF RON MATROS TO
CHIEF EXECUTIVE OFFICER 2-2-2-2
ABOUT OPEN MARKET
Founded in 1994, Open Market, Inc. (NASDAQ: OMKT) is the market-share leader in
Internet commerce software with more than 30,000 merchant licenses sold
worldwide and over 12,000 in production. Open Market offers an integrated set of
open, scaleable applications that enable enterprises to move their businesses to
the Web. Open Market's products enable companies to build dynamic, personalized,
revenue generating Web sites that are cost effective, easy to manage and quickly
adapt to changing business requirements. Among Open Market's distinguished
roster of global customers are many of the most popular domains on the Web,
including Lycos.com, AOL.com, and the Wall Street Journal Interactive Edition;
major industrials such as Acer, Ingram Micro, Milacron, and Siemens; and 10 of
the world's top 13 national telephone companies. Open Market's content
management software is used by companies including Lucent Technologies,
Financial Times of London, Hitachi, and Chase Manhattan Bank. The company,
headquartered in Burlington, Massachusetts, has a presence in 30 countries. Open
Market's international head office is in the UK with additional offices in
Australia, Canada, France, Germany, Italy, Japan and The Netherlands. Open
Market can be reached by calling 1-888-OPEN-MKT (toll-free) or 1-781-359-3000 in
the U.S. or +44 (0)1753 838 000 in the U.K. or by visiting
http://www.openmarket.com.
###
This news release contains forward-looking statements that involve a number of
risks and uncertainties. Among the important factors that could cause actual
results to differ materially from those indicated by such forward-looking
statements are the company's limited operating history, the Company's ability to
integrate FutureTense in its operations, delays in product development,
development of the Internet market, changes in product pricing policies,
competitive pressures, and the risk factors detailed from time to time in the
company's periodic reports and registration statements filed with the Securities
and Exchange Commission.
Open Market, Transact, IPS, ShopSite, and FutureTense are trademarks or
registered trademarks of Open Market, Inc. in the United States and other
countries. All other names are used for identification purposes only and may be
trademarks of their respective owners.
