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SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report January 21, 2000
(Date of earliest event reported: January 19, 2000)
HARBINGER CORPORATION
(Exact name of Company specified in its charter)
<TABLE>
<S> <C> <C>
GEORGIA 0-26298 58-1817306
(State or other jurisdiction of (Commission File Number) (IRS Employer Identification No.)
incorporation or organization)
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1277 LENOX PARK BOULEVARD, ATLANTA, GEORGIA 30319
(Address of principal executive offices) (Zip Code)
(404) 467-3000
(Company's telephone number, including area code)
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Item 5. Other Events.
Harbinger Corporation issued a press release on January 19, 2000, the text of
which is attached hereto as Exhibit 99.1.
Item 7. Financial Statements, Pro Forma financial Information and Exhibits.
(c) Exhibits. Text of Press Release of Harbinger Corporation,
dated January 19, 2000.
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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 hereunto duly authorized.
HARBINGER CORPORATION
/s/ James M. Travers
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James M. Travers
President and Chief Executive Officer
Date: January 21, 2000
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EXHIBIT INDEX
Exhibit
99.1 Text of Press Release of Harbinger Corporation, dated January
19, 2000.
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EXHIBIT 99.1
Contact: Ron Rosenthal Wendy Gold
HARBINGER CORPORATION HARBINGER CORPORATION
404-467-3206 404-467-3343
[email protected] [email protected]
For Immediate Release...
HARBINGER APPOINTS NEW CHIEF EXECUTIVE AS CHAIRMAN/CEO STEPS
DOWN
ATLANTA, GA - JANUARY 19, 2000 - Harbinger Corporation (NASDAQ: HRBC),
a worldwide supplier of electronic commerce software, services and solutions,
announced today the promotion of its President and Chief Operating Officer,
James M. Travers, to the position of Chief Executive Officer. The Company's
Board of Directors made the new CEO's appointment following the resignation of
C. Tycho Howle, the Company's Chairman and Chief Executive Officer.
Howle founded Harbinger in 1983 and returned to the Chief Executive's
role in 1998 after nearly two years away from the Company's day-to-day
operations. Travers has worked closely with Howle since his return to
lead Harbinger back to operational excellence, a transition that
included propelling the Company's products and services, and all of its
customers into an Internet-centric service model for conducting
business-to-business (B2B) e-commerce. Analysts project the B2B
e-commerce market will grow to $2.8 trillion by 2003 (Reuters), and
Harbinger has invested significantly to establish the Company as a
leader in the B2B Internet space. Those investments have accelerated
recently and are directed towards building market awareness for the
Company, and establishing vertical-market portals, many of which are
joint ventures where Harbinger is a minority shareholder, all of which
use Harbinger's back-office infrastructure and HARBINGER.NET(SM) portal
technology.
"The Board recognizes that Jim Travers has been instrumental in the
success of Harbinger since becoming President in 1998" said William
Savoy, Harbinger Director and President, Vulcan Ventures Inc. "He has
surrounded himself with an excellent management team, and the results
of his leadership, and that of his management team, are clearly evident
in the Company's successes. We are deeply grateful to Tycho for his
service in establishing Harbinger as a leader in business-to-business
e-commerce and for providing Jim Travers with a tremendous amount of
guidance in preparation for his new role."
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"Harbinger is in a great position, in a truly great market," said
C. Tycho Howle. "I can't help but feel good about what the Company has
accomplished over the last 18 months, particularly with respect to
leading our market and customers to the Internet. We've put the
foundation in place, and as the new millennium begins, it's a good time
to put the full leadership of Harbinger under Jim's control. Please be
certain that I intend to continue to be a resource and asset for
Harbinger for many years to come."
"I'm very optimistic and extremely confident about Harbinger as the
leader in B2B e-commerce," said James M. Travers. "We have firmly
established HARBINGER.NET as `the' technology for building and managing
vertical B2B electronic markets, and have coupled it with Harbinger's
back-office infrastructure to provide a comprehensive Internet platform
for B2B e-commerce service delivery. Given the large number of emerging
opportunities for vertical market portals, one of my top priorities
will be the Company's consideration of accelerating its investments and
participation in this area."
Prior to his current position with Harbinger, Travers served as
President and General Manager of the Company's Software Division, and
President and General Manager of the Company's Enterprise Solutions
Division. Before joining Harbinger in 1995, Travers was 15 years with
Texas Instruments, Inc. (Dallas, TX), holding top-level managerial
posts including Vice President for North American Sales and Worldwide
Marketing, and Director of Business Development for TI's Worldwide
Applications Software Business.
More information regarding this announcement can be found in the
Investor Relations section of the Company's Web site at
www.harbinger.com.
ABOUT HARBINGER
Harbinger Corporation is a leading worldwide provider of
business-to-business e-commerce software, services and solutions. The
company maximizes its customers' business potential with comprehensive,
scalable e-commerce solutions that help streamline operations, increase
profitability and build electronic trading communities. Harbinger's
objective is to serve more customers using Internet Protocols (IP) than
any other provider and to establish HARBINGER.NET(SM) as the preferred
transaction portal for e-commerce information and mission-critical,
business-to-business e-commerce transactions. Headquartered in Atlanta,
Georgia, Harbinger provides worldwide support to its customer community
from multiple U.S. and overseas operations facilities. For more
corporate information, go to www.harbinger.com. Access Harbinger's
online EC Resource Center and other network services at
www.harbinger.net.
This press release contains statements which may constitute
"forward-looking statements" within the meaning of the Securities Act of 1933
and the Securities Exchange Act of 1934, as amended by the Private Securities
Litigation Reform Act of 1995. Those statements include statements regarding the
intent, belief or current expectations of Harbinger Corporation and members of
its management as well as the assumptions on which such statements are based.
Prospective investors are cautioned that any such forward-looking statements are
not guarantees of future performance and involve risks and uncertainties, and
that actual results may differ materially from those contemplated by such
forward-looking statements. Important factors currently known to management that
could cause actual results to differ materially from those in forward-looking
statements include fluctuation of our operating results, the ability to compete
successfully and the inability to predict the outcome of certain litigation
matters. Additional factors are set forth in the Safe Harbor Compliance
Statement for forward-looking Statements
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included as Exhibit 99.1 to the Company's Annual Report on Form 10-K for the
year ended December 31, 1998. The Company undertakes no obligation to update or
revise forward-looking statements to reflect changed assumptions, the occurrence
of unanticipated events or changes to future operating results.
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Harbinger and the Harbinger logo are registered trademarks, and harbinger.net is
a service mark of Harbinger Corporation or its subsidiaries. All other company
and product names referenced herein are registered trademarks or trademarks of
their respective owners.
