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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 February 27, 1998
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ASPECT TELECOMMUNICATIONS CORPORATION
(Exact name of registrant as specified in its charter)
0-18391
(Commission File Number)
California 94-2974062
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1730 Fox Drive
San Jose, CA 95131-2312
(Address of principal executive offices, with zip code)
(408) 325-2200
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
On February 27, 1998, Aspect Telecommunications Corporation ("Aspect")
announced that it has entered into a patent cross-license agreement with Lucent
Technologies Inc. ("Lucent"), under which each party has agreed to dismiss their
patent lawsuits against each other, released each other from claims of past
infringement, and settled their patent disputes. The lawsuits related to
telecommunications products and call routing technology. As part of the
settlement, the parties have entered into a cross-licensing agreement under
which Aspect will pay Lucent a one-time fee and future royalties. In connection
with this settlement, Aspect recorded a non-recurring charge of $14 million
(approximately 17 cents per diluted share) for the quarter and year ended
December 31, 1997.
Further details regarding this announcement are contained in the
Company's press release with Lucent dated February 27, 1998 and in the Company's
press release dated February 27, 1998, both of which are attached as exhibits
hereto and incorporated by reference herein.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) EXHIBITS.
Exhibit 99.1 Aspect Telecommunications Corporation and Lucent
Technologies Inc. press release dated February 27, 1998.
Exhibit 99.2 Aspect Telecommunications Corporation press release dated
February 27, 1998.
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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 thereunto duly authorized.
ASPECT TELECOMMUNICATIONS
CORPORATION
Date: March 5, 1998 By: /s/ Eric J. Keller
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Eric J. Keller
Vice President, Finance and
Chief Financial Officer
(Duly Authorized and Principal Financial and
Accounting Officer)
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ASPECT TELECOMMUNICATIONS CORPORATION
INDEX TO EXHIBITS
Exhibit Number Description
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99.1 Aspect Telecommunications Corporation and Lucent
Technologies Inc. press release dated February
27, 1998.
99.2 Aspect Telecommunications Corporation press release
dated February 27, 1998.
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