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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): November 30, 2004
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Network-1 Security Solutions, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1-14896 11-3027591
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
445 Park Avenue, Suite 1028, New York, New York 10022
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(Address of principal executive offices)
Registrant's telephone number, including area code: (212) 829-5700
N/A
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(Former name or former address, if changed since last report.)
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Item 1.01 Entry into a Material Definitive Agreement
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On December 2, 2004, Network-1 Security Solutions, Inc.
("Network-1") issued a press release announcing that it has entered into a
strategic agreement with ThinkFire Services USA, Ltd. ("ThinkFire") pursuant to
which ThinkFire will act as worldwide licensing partner for Network-1's remote
power patent (U.S. Patent No. 6,218,930) owned by Network-1. A copy of the press
release is attached to this Report as Exhibit 99.1 and it is incorporated herein
by reference.
Item 9.01 Financial Statements and Exhibits
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(c) Exhibits
Exhibit No. Description
10.1 Master Services Agreement, dated November 30, 2004, between the
Registrant and ThinkFire Services USA, Ltd.
99.1 Press Release, dated December 2, 2004, regarding the Registrant's
Master Services Agreement with ThinkFire Services USA, Ltd.
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.
NETWORK-1 SECURITY SOLUTIONS, INC.
Dated: December 2, 2004 By: /s/Corey M. Horowitz
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Name: Corey M. Horowitz
Title: Chairman & Chief
Executive Officer
EXHIBIT INDEX
Exhibit No. Description
10.1 Master Services Agreement, dated November 30, 2004, between the
Registrant and ThinkFire Services USA, Ltd.
99.1 Press Release, dated December 2, 2004, regarding the Registrant's
Master Services Agreement with ThinkFire Services USA, Ltd.