<PAGE> 1
------------------------------------------------------------------------------
------------------------------------------------------------------------------
UNITED STATES
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): DECEMBER 5, 2000
Commission file number 1-5270
SOFTNET SYSTEMS, INC.
--------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 11-1817252
-------------------------------------------------------------------------------
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
650 TOWNSEND STREET, SUITE 225
SAN FRANCISCO, CALIFORNIA 94103
-------------------------------
(Address of principal executive offices)
(415) 365-2500
--------------------------------------------------------------------------------
(Registrant's telephone number, including area code)
N/A
--------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
<PAGE> 2
Item 5. Other Events
On December 5, 2000 the Company announced that Garrett J. Girvan has
been appointed chief executive officer. Dr. Lawrence B. Brilliant, who has
served as SoftNet's CEO since April 1998, will step down due to health concerns.
Brilliant will remain as the chairman of the board of directors for SoftNet. A
copy of the press release concerning this appointment is attached hereto as
Exhibit 99.1.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits. The following document is filed as an exhibit to
this report:
1. Exhibit 99.1 - Press Release dated December 5, 2000.
<PAGE> 3
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.
SoftNet Systems, Inc.
--------------------------
(Registrant)
Date: December 5, 2000 By: /s/ Garrett J. Girvan
----------------------------
GARRETT J. GIRVAN
Chief Executive Officer
<PAGE> 4
SoftNet Systems, Inc.
Exhibit Index
to Form 8-K
Exhibit No. Description
----------- -----------
99.1 Press Release dated December 5, 2000.