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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 (Date of earliest event reported): May 24, 2007
HARRIS STRATEX NETWORKS, INC.
(Exact name of registrant as specified in its charter)
         
Delaware   001-33278   20-5961564
         
(State or other jurisdiction
of incorporation)
  (Commission File
Number)
  (I.R.S. Employer
Identification No.)
     
Address of principal executive offices:
  637 Davis Drive, Morrisville, NC 27560
Registrant’s telephone number, including area code:
  (919) 767- 3250
     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
  o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
  o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
  o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
  o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 40.13e-4(c))
 
 

 


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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Item 9.01 Financial Statements and Exhibits.
SIGNATURE
EXHIBIT INDEX
EXHIBIT 99.1


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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b)   Effective May 24, 2007, Thomas H. Waechter ceased serving in the position of Chief Operating Officer of Harris Stratex Networks, Inc. (the “Company”). Mr. Waechter’s employment with the Company will terminate on June 7, 2007.
A copy of the related press release is filed as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
     (c) Exhibits.
     The following exhibit is furnished herewith:
     
99.1
  Press Release, issued by Harris Stratex Networks, Inc. on May 25, 2007
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 hereunto duly authorized.
         
  HARRIS STRATEX NETWORKS, INC.
 
 
  By:   /s/ Sarah A. Dudash    
    Name:   Sarah A. Dudash   
    Title:   Chief Financial Officer   
 
Date: May 25, 2007

 


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EXHIBIT INDEX
     
Exhibit No. Under    
Regulation S-K,    
Item 601   Description
99.1
  Press Release, issued by Harris Stratex Networks, Inc. on May 25, 2007

 

exv99w1
 

Exhibit 99.1
(NEWS RELEASE LOGO)   (HARRIS STRATEX LOGO)
637 Davis Drive
Morrisville, NC 27560 USA
phone 1-919-767-3230
fax 1-919-767-3233
www.harrisstratex.com
Harris Stratex Networks Announces Departure of Chief Operating Officer
Research Triangle Park, NC, May 25, 2007 — Harris Stratex Networks, Inc. (NASDAQ: HSTX), the leading independent supplier of turnkey wireless network solutions, today announced that Thomas Waechter, Chief Operating Officer, has resigned effective June 7.
“At Stratex Networks, in the Chief Executive Officer position, Tom played a pivotal role in effecting changes that resulted in improved services delivered to both customers and partners as well as improved overall financial performance. At Harris Stratex Networks, which resulted from the merger of Stratex Networks and the Microwave Communications Division of Harris Corporation in January of this year, Tom helped bring the two organizations together to build a strong team and has had a significant role in setting the future course of the organization,” said Guy Campbell, President and Chief Executive Officer of Harris Stratex Networks. “We thank Tom for his contributions and wish him well in his future endeavors.”
“Working with Guy and the rest of the management team at Harris Stratex Networks to realize a merger that resulted in the leading independent pure-play wireless technology company has been an incredible opportunity and achievement,” said Tom Waechter. “The company’s unmatched product portfolio, breadth of solutions and end-to-end field services have resulted in a more highly competitive company.”
As a result of the change in management structure, sales, marketing and all operating functions will report directly to Guy Campbell. The company anticipates that it will hire a head of international sales and will commence the search process both internally and externally.
About Harris Stratex Networks
Harris Stratex Networks is the world’s leading independent supplier of turnkey wireless network

 


 

solutions. The company offers reliable, flexible and scalable wireless network solutions, backed by comprehensive professional services and support. Harris Stratex Networks serves all global markets, including mobile network operators, public safety agencies, private network operators, utility and transportation companies, government agencies and broadcasters. Customers in more than 135 countries depend on Harris Stratex Networks to build, expand and upgrade their voice, data and video solutions. Harris Stratex Networks is recognized around the world for innovative, best-in-class wireless networking solutions and services. For more information, visit www.HarrisStratex.com.
# # #
Investor Contact:
Mary McGowan
Summit IR Group Inc.
408-404-5401
Mary@summitirgroup.com
Media Contact:
Kami Spangenberg
Harris Stratex Networks, Inc.
1-919-767-5238
Kami.Spangenberg@HSTX.com