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: May 26, 2004
Entrada Networks, Inc.
(Exact name of registrant as specified in its charter)
000-26952
(Commission File Number)
DELAWARE 33-0676350
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)
12 Morgan, Irvine, California 92618
(Address of principal executive offices, with zip code)
(949) 588-2070
(Registrant's telephone number, including area code)
ITEM 5. Other Events.
On May 17, 2004, we announced that we had closed $1.0 million in interim debt financing.This funding is in addition to the $500,000 of debt secured on February 6, 2004 as previously announced.
Exhibit 10.15 is the Term Credit Agreement. dated February 6, 2004
Exhibit 10.16 is the Amended Term Credit Agreement. dated May 14, 2004.
ITEM 7. Financial Statements and Exhibits.
(a) Not applicable
(b) Not applicable
(c) Exhibits
Exhibit No. | Description | |
| 10.15 | Term Credit Agreement. dated February 6, 2004 | |
| 10.16 | Amended Term Credit Agreement. dated May 14, 2004. |
About Entrada Networks
Entrada Networks, through its operating subsidiaries, is focused on developing and marketing products and solutions in the storage networking and network connectivity industries. Torrey Pines Networks specializes in the design & development of storage and metropolitan area networks transport product line, named Silverline™, designed to interconnect geographically separate data centers, post production facilities of film studios, or aggregate different types of data or video traffic of university campuses or fiber to home of Cable operators or companies with significant price/feature advantage. Over just one strand of dark fiber in a metropolitan area and up to over 100 km, our products provide 4:1 bi-directional capacity increase at wire speed and at a significantly lower price. Rixon Networks manufactures and sells a line of fast and gigabit Ethernet adapter cards that are purchased by large networking original equipment manufacturers as original equipment for servers, and other computer and telecommunications products. Sync Research manufactures and services frame relay products for some of the major financial institutions in the U.S and abroad. Entrada Networks is headquartered in Irvine, CA.www.entradanetworks.com
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.
ENTRADA NETWORKS, INC.
Date: May 26, 2004
/s/ Davinder Sethi
Davinder Sethi, Ph.D.
Chief Financial Officer
Principal Accounting Officer