UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) January 20, 2004
PERFECTDATA CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
California
(State or Other Jurisdiction of Incorporation)
0-12817 95-3087593
(Commission File Number) (IRS Employer Identification No.)
1445 East Los Angeles Avenue, Suit 208, Simi Valley, California 93065
(Address of Principal Executive Offices) (Zip Code)
(805) 581-4000
(Registrant's Telephone Number, Including Area Code)
INFORMATION TO BE INCLUDED IN THE REPORT
Item 5. Other Events.
On January 20, 2004, PerfectData Corporation ("PerfectData") and
SuperCom Ltd. ("SuperCom") issued a press release reporting that the Agreement
and Plan of Merger and Reorganization dated as of July 2, 2003 by and between
PerfectData and SuperCom and related agreements have been terminated. A copy of
the press release is filed as Exhibit 99.1 hereto and is incorporated herein by
this reference. The PerfectData Board has, as reported in the press release,
reinstituted the search for a suitable merger or acquisition candidate.
PefectData will also now pursue formalizing shareholders' approval to permit the
sale of PerfectData's operating assets to Spray Products Corporation.
Item 7. Financial Statements and Exhibits.
(a) Financial statements of businesses acquired:
None
(b) Proforma financial information:
None
(c) Exhibits
Number Exhibit
99.1 Copy of press release dated January 20, 2004.
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.
PERFECTDATA CORPORATION
(Registrant)
Date January 20, 2004 By /s/ Harris A. Shapiro
---------------------
(Signature)
Harris A. Shapiro
Chairman of the Board and
Chief Executive Officer
Exhibit Filed with Report
Number Exhibit Page
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99.1 Copy of press release dated January 20, 2004. E-2