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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 EXCHANGE ACT OF 1934
FEBRUARY 24, 1998
Date of Report (Date of earliest event reported)
NETSCAPE COMMUNICATIONS CORPORATION
(Exact name of Registrant as specified in its charter)
DELAWARE 0-26310 94-3200270
State or other Commission File Number) (I.R.S. Employer
jurisdiction of incorporation) Identification No.)
501 EAST MIDDLEFIELD ROAD
MOUNTAIN VIEW, CALIFORNIA 94043
(Address of principal executive offices)
(650) 254-1900
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report) <PAGE>
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ITEM 5. OTHER EVENTS.
The information set forth in the attached press release of Netscape
Communications Corporation's ("Netscape") dated February 24, 1998 is
incorporated herein by reference. Netscape's Board of Directors adopted the
change in the fiscal year as of February 24, 1998. Netscape will be filing a
Quarterly Report on Form 10-Q following the close of its fiscal quarter
ending April 30, 1998. Netscape will also be filing a Transition Report
on Form 10-K for the transition period of January 1 - October 31, 1998
following the close of its fiscal year on October 31, 1998.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(C) EXHIBITS
Exhibit No. Description
99.1 Text of Press Release dated February 24, 1998
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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 hereunto duly authorized.
NETSCAPE COMMUNICATIONS CORPORATION
Date: February 24, 1998 By: /s/ Peter L.S. Currie
Peter L.S. Currie
Executive Vice President and Chief
Administrative Officer
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INDEX TO EXHIBITS FILED WITH
THE CURRENT REPORT ON FORM 8-K DATED FEBRUARY 24, 1998
Exhibit Description
99.1 Text of Press Release dated February 24, 1998
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EXHIBIT 99.1
NETSCAPE CHANGES FISCAL YEAR END TO ALIGN
WITH ENTERPRISE SALES FOCUS
MOUNTAIN VIEW, Calif. (Feb. 24, 1998) -- Netscape Communications
Corporation today announced its Board of Directors has approved a
resolution to change the company's fiscal year to November 1 through
October 31, effective immediately. The company previously reported results
on a calendar fiscal year model of January 1 through December 31.
The Board's action reflects Netscape's increased focus on its enterprise
software and services business and is designed to align the company's
financial reporting practices with its business strategy by taking into
account the seasonal buying patterns of enterprise customers. The off-
calendar quarterly reporting practice is common among major computer
hardware and software vendors who service large enterprises. As a result
of this action, the company will report January results as part of the
year to date financials in conjunction with reporting financial results
for the quarter ended April 30, 1998.
Netscape Communications Corporation is a leading provider of open software
for linking people and information over enterprise networks and the
Internet. The company offers a full line of clients, servers, development
tools and commercial applications to create a complete platform for next-
generation, live online applications. Traded on Nasdaq under the symbol
"NSCP," Netscape Communications Corporation is based in Mountain View,
California.
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