SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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) FEBRUARY 22, 2001
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QUINTUS CORPORATION
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(Exact name of Registrant as Specified in Charter)
Delaware 000-27985 77-0021612
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(State or Other Jurisdiction (Commission File (IRS Employer
of Incorporation) Number) Identification No.)
4120 DUBLIN BOULEVARD, DUBLIN, CALIFORNIA 94568
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (925) 479-2800
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N/A
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(Former Name or Former Address, if Changed Since Last Report)
Item 3.
(a) On February 22, 2001, Quintus Corporation ("Quintus") and certain of
its wholly-owned subsidiaries filed voluntary petitions for relief under
Chapter 11 of the United States Bankruptcy Code (the "Bankruptcy Code") in the
United Stated Bankruptcy Court for the District of Delaware, In re: Quintus
Corporation, et. al., Case No. 01-0501-MFW.
Item 5. Other Events.
On February 22, 2001, Quintus entered into an Asset Purchase Agreement
(the "Asset Purchase Agreement") with Avaya Inc. ("Avaya") pursuant to which
Avaya will, upon the closing of such transaction, purchase certain of Quintus'
assets and liabilities through a sale of assets and liabilities consummated
under Section 363 of the Bankruptcy Code. A copy of the Asset Purchase
Agreement is attached hereto as an exhibit.
In connection with its Chapter 11 filing, Quintus obtained a commitment
from Avaya for up to $10 million in debtor-in-possession financing. On February
22, 2001, Quintus issued a press release announcing the bankruptcy filing, the
debtor-in-possession financing and the signing of the Asset Purchase Agreement.
A copy of the press release is filed as an exhibit hereto.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
99.1 Asset Purchase Agreement dated as of February 22, 2001
99.2 Press Release
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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 thereunto duly authorized.
QUINTUS CORPORATION
By: /s/Paul Bartlett
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Name: Paul Bartlett
Title: Chief Executive Officer
March 7, 2001
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Index to Exhibits
Exhibit
Number
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99.1 Asset Purchase Agreement dated as of February 22, 2001
99.2 Press release
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