================================================================================
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): July 5, 2000
COMVERSE TECHNOLOGY, INC.
(Exact Name of Registrant as Specified in Its Charter)
NEW YORK
(State or Other Jurisdiction of Incorporation)
0-15502 13-3238402
(Commission File Number) (I.R.S. Employer Identification No.)
170 CROSSWAYS PARK DRIVE
WOODBURY, NEW YORK 11797
(Address of Principal Executive Offices) (Zip Code)
(516) 677-7200
(Registrant's Telephone Number, Including Area Code)
NONE
(Former Name or Former Address, if Changed Since Last Report)
================================================================================
NY2:\927066\01\JVB%01!.DOC\37994.0020
Item 5. Other Events.
Comverse Technology, Inc. ("Comverse") entered into a Share
Exchange Agreement (the "Share Exchange Agreement"), dated July 5, 2000, with
Exalink Ltd., a corporation organized under the laws of the State of Israel
("Exalink"), and the shareholders of Exalink (the "Shareholders"), pursuant to
which Comverse agreed to acquire, and the Shareholders agreed to exchange, all
of Shareholders' issued and outstanding shares in Exalink for shares of common
stock, par value $.10 per share, of Comverse.
Attached and incorporated herein by reference as Exhibit
99.1 is a Press Release of Comverse dated July 5, 2000 announcing the execution
of the Share Exchange Agreement.
Item 7. Financial Statements and Exhibits.
Exhibit No. Exhibit
----------- -------
99.1 Press Release of Comverse dated July 5, 2000.
2
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.
Date: July 5, 2000
COMVERSE TECHNOLOGY, INC.
By: /s/ William F. Sorin
---------------------------
Name: William F. Sorin
Title: Corporate Secretary
3
EXHIBIT INDEX
Exhibit No. Description
----------- -----------
99.1 Press Release of Comverse dated July 5, 2000.
4