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): November 12, 2001
8X8, INC.
(Exact name of registrant as specified in its charter)
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2445 Mission College Blvd.
Santa Clara, CA 95054
(Address of principal executive offices including zip code)
(408) 727-1885
(Registrant's telephone number, including area code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events
On November 12, 2001, 8x8, Inc. issued a press release announcing that it had settled a lawsuit that was filed against it in April 2001 by Milinx Business Services, Inc. and Milinx Business Group, Inc. A copy of the foregoing press release is included as Exhibit 99.1 hereto and is incorporated herein by reference.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
99.1 Press Release dated November 12, 2001, issued by 8X8, INC.
SIGNATURES
Pursuant to the requirement of the Security Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: November 14, 2001
| 8X8, INC. |
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| By: | /s/ DAVID STOLL |
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| David Stoll | |
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Chief Financial Officer and Vice President of Finance (Principal Financial and Accounting Officer) |
EXHIBIT INDEX
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Exhibit 99.1
8X8 ANNOUNCES SETTLEMENT OF LAWSUIT
Santa Clara, Calif., November 12, 2001 -- 8x8, Inc. (Nasdaq: EGHT) announced today that it has settled a lawsuit that was filed against it in April 2001 in British Columbia, Canada by Milinx Business Services, Inc. and Milinx Business Group, Inc. 8x8 was one of five named defendants in the lawsuit, the others being Sun Microsystems, Inc., Netscape Communications Canada, Inc., Burntsand Inc., and Intraware Canada, Inc. As a result of the settlement agreement, 8x8 will recognize approximately $300,000 of previously deferred revenue stemming from a March 2000 license agreement with Milinx. 8x8 has been released of any further obligations to Milinx in exchange for returning a portion of the original license fee.
About 8x8, Inc.
8x8, Inc. offers Voice-over-IP (VoIP) service creation platforms, hosted iPBX solutions (through its subsidiary Centile, Inc.), voice and video semiconductors and related software (through its subsidiary Netergy Microelectronics, Inc.). For more information, visit 8x8's web site at www.8x8.com.