March 14, 2003
TTR TECHNOLOGIES INC (TTRE)
form 8-K
ITEM 5. OTHER EVENTS
TTR Technologies, Inc., a Delaware corporation (the "Company"), issued a press release announcing that it anticipates that the previously announced sale by TTR Technologies, Inc. and TTR Technologies, Ltd. (collectively, "TTR" or the "Company") to Macrovision Corporation and Macrovision Europe Ltd. (collectively, "Macrovision") of the Company's copy protection business, as contemplated under the Asset Purchase Agreement, dated as of November 4, 2002 (the "Asset Purchase Agreement"), will not be consummated by March 15, 2003 because certain contingencies to the closing have not been satisfied. No assurances can be provided that the sale of the Company's copy protection business as contemplated under the Asset Purchase Agreement will in fact be consummated or otherwise be concluded.
A copy of the Company's press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by this reference.
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