eon Communications Corporation

Transcription

1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C 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 10, 2003 eon Communications Corporation (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification Number) 4105 Royal Drive NW Kennesaw, Georgia (Address of principal executive offices) (Zip Code) Registrant s telephone number, including area code: Not Applicable (Former name or former address, if changed since last report)

2 Item 5. Other Events On November 10, 2003, eon Communications Corporation ( eon ) reported third consecutive quarter of profitability in the quarter ended October 31, 2003 and announced changes in executive management to focus on international expansion. For additional information, see the press release attached hereto as Exhibit On November 10, 2003, eon announced plans to acquire NeoMecca, Inc., a Korean call center solution provider. For additional information, see the press release attached hereto as Exhibit Item 7. Financial Statements, Pro Forma Financial Information and Exhibits Exhibits: Exhibit Number Description of Exhibit 99.1 Press release issued by eon Communications Corporation on November 10, Press release issued by eon Communications Corporation on November 10, 2003.

3 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. Date: November 11, 2003 EON COMMUNICATIONS CORPORATION By: /s/ David S. Lee David S. Lee President and Chief Executive Officer

4 Exhibit Index Exhibit Number Description of Exhibit 99.1 Press release issued by eon Communications Corporation on November 10, Press release issued by eon Communications Corporation on November 10, 2003

5 Exhibit 99.1 Investor Relations eon Communications For Release 4:00 PM EST, Monday, November 10, 2003 eon Communications to Report Third Consecutive Quarter of Profitability in Quarter Ended October 31, 2003 Company Announces Changes in Executive Management to Focus on International Expansion ATLANTA (November 10, 2003) eon Communications Corporation (NASDAQ: EONC), a leading provider of unified voice, and Web-based communications solutions, today announced that first quarter fiscal 2004 revenue and earnings will be in line with guidance the Company previously announced on August 27, The Company expects to report a profit with revenues in excess of $5 million and positive operating cash flow. eon also announced changes to its senior management team to focus on international market development. Troy Lynch will step down as President and CEO of eon, but will remain with the company as General Manager of eon s Korea operations as a part of eon s overall growth strategy. David Lee will return as CEO to lead the existing management team, effective immediately. David Lee, Chairman of the Board of Directors, commented, Troy has done an outstanding job, and he is responsible for returning the company to profitability and improving eon s overall financial position. eon believes that the results over the last few quarters provide confirmation that the turn-around is complete, and eon is now positioned to exploit growth opportunities, especially in Korea and China. The next chapter for eon is about expanding into international markets where significant growth opportunities exist, Lee said. I look forward to continuing our aggressive strategy to deliver the most comprehensive contact center solutions to North America, Korea and China. The Company will announce the date and time for the upcoming first quarter fiscal 2004 earnings release and call. The Company cautions that its anticipated results are preliminary based on the best information currently available and subject to customary quarter-end review procedures by the independent auditors. About eon Communications eon Communications Corporation is a leading provider of unified voice, and Web-based communications systems for customer contact centers and general business applications. eon helps enterprises communicate more effectively with customers, convert inquiries into sales, and increase customer satisfaction and loyalty. To find out more information about eon Communications and its solutions, visit the World Wide Web at or call Note: This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of These forward-looking statements involve risks and uncertainties, including technical and competitive factors, which could cause the Company s results and the timing of certain events to differ materially from those discussed in the forward-looking statements. Such risks are detailed in eon Communications Corporation s most recent Form 10-K filing with the Securities and Exchange Commission. eon Communications Corporation, the mark eon, and equeue are trademarks of eon Communications Corporation. # # #

6 Exhibit 99.2 Investor Relations eon Communications For Release 4:00 PM EST, Monday November 10, 2003 eon Communications Announces Plans to Acquire Korean Call Center Solution Provider NeoMecca, Inc. ATLANTA (November 10, 2003) eon Communications Corporation (NASDAQ: EONC), a leading provider of unified voice, and Web-based communications systems and software, announced today that it has entered into a commitment letter which outlines the terms in which eon will acquire NeoMecca Incorporated, a provider of contact center and communications solutions in Korea. The commitment letter anticipates a transaction in which a newly formed subsidiary of eon will acquire substantially all the assets of NeoMecca, including its intellectual property rights. NeoMecca will receive common stock of eon as a result of the acquisition. It is anticipated that 660,000 eon shares will be issued upon closing the acquisition, and up to an additional 506,000 shares may be issued over five quarters after the closing date if NeoMecca attains specified profit targets. The number of shares to be issued may be adjusted upon the occurrence of certain events. Jun Choi, President and CEO of NeoMecca, welcomed the proposed transaction by saying, We are very excited about the opportunity this transaction presents to become the leader in providing call center services and solutions in Korea. We have built our reputation on providing outstanding products and services to our customers and partners, and this combination with eon will allow us to build upon the success we have already achieved in serving the call center industry. The acquisition provides eon with a great opportunity to expand its international presence, said David S. Lee, Chairman and CEO of eon. We believe NeoMecca will add value to eon through its knowledge and expertise in the Asian market. This acquisition will combine two companies with complementary expertise, products and services to address the growing call center market in Korea. eon may, in the near future, investigate similar opportunities to address the call center market in China. It is anticipated that all current employees of NeoMecca will be employed by the eon subsidiary upon consummation of the transaction. The proposed acquisition is subject to a number of conditions, including the completion of due diligence, the negotiation and execution of a definitive agreement, and the approval of the shareholders of NeoMecca. Subject to these contingencies, it is expected that the transaction will be consummated during the first calendar quarter of About eon Communications eon Communications Corporation is a leading provider of unified voice, and Web-based communications systems for customer contact centers and general business applications. eon helps enterprises communicate more effectively with customers, convert inquiries into sales, and increase customer satisfaction and loyalty. To find out more information about eon Communications and its solutions, visit the World Wide Web at or call About NeoMecca, Inc. NeoMecca Incorporated is a leading vendor of call/contact centers in Korea. With its wealth of experience in the contact center industry, NeoMecca provides its clients with diverse solutions such as a PBX/ACD, CTI, outbound dialing, multimedia queuing, recording, and IVR, as well as consulting and professional services. Note: This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of These forward-looking statements involve risks and uncertainties, including technical and competitive factors, which could cause the Company s results and the timing of certain events to differ materially from those discussed in the forward-looking statements. Such risks are detailed in eon Communications Corporation s most recent Form 10-K filing with the Securities and Exchange Commission. eon Communications Corporation, the mark eon, and equeue are trademarks of eon Communications Corporation. # # #