SECURITIESTable ANDof EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Contents

~~FORM~~SECURITIES ~~8-K~~AND EXCHANGE COMMISSION

~~CURRENT~~WASHINGTON, ~~REPORT~~ D.C. 20549

~~Pursuant~~FORM ~~to Section 13 or 15(d) of the Securities Exchange Act of 1934~~8-K

~~Date~~CURRENT ~~of Report (Date of earliest~~REPORT ~~event reported): June 14, 2002~~

~~Triton~~Pursuant ~~Network~~to ~~Systems, Inc. (Exact~~Section 13 ~~name~~or 15(d) of ~~registrant~~the asSecurities ~~specified~~Exchange inAct ~~its~~of ~~charter)~~1934

Delaware	000-30251	59-3434350
(State or other jurisdiction of	(Commission File	(IRS Employer
incorporation)	Number)	Identification No.)

Date of Report (Date of earliest event reported): October 18, 2002

~~6905~~ Triton ~~Whisperfield~~Network ~~Drive Plano~~Systems, ~~Texas 75024~~Inc. ~~(Address of principal executive offices)~~

~~Registrant’s~~ (Exact ~~telephone~~name ~~number,~~of ~~including~~registrant ~~area~~as ~~code:~~specified ~~(407~~in its charter) ~~492-9020~~

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Delaware	000-30251	59-3434350

(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

~~Item~~6905 9.Whisperfield ~~Other~~Drive Plano, ~~Events.~~Texas ~~SIGNATURE~~75024 (Address of principal executive offices)

~~Item 9. Other~~Registrant’s ~~Events.~~telephone number, including area code: (407) 492-9020

OnTABLE ~~June 11,~~OF 2002, a securities complaint seeking class action status was filed in the United States District Court, Middle District of Florida, Tampa Division (Case No. 8:02-CV-1041-T-27 MAP), by Delano Cox (the “Cox Complaint”), against past and present officers and directors of Triton Network Systems, Inc. (the “Company”), as well as certain investment bankers involved in the Company’s initial public offering, certain venture capital firms owning shares of the Company prior to the initial public offering and the Company’s accounting firm. The complaint is brought purportedly on behalf of all persons who purchased the Company’s common stock from July 13, 2000 through August 14, 2001. As of the date of this report, the Company is not aware of any of the defendants having been served with the complaint. The complaint alleges violations of Sections 11 and 15 of the Securities Act of 1933 and Sections 10b and 20A of the Securities and Exchange Act of 1934 (the “Exchange Act”), and Rule 10b-5 promulgated thereunder, on the grounds that the Company’s registration statement relating to its initial public offering and certain of its subsequent Exchange Act reports and press releases contained untrue statements of material facts, or omitted to state facts necessary to make the statements made therein not misleading, with regard to the Company’s revenues in fiscal 2000, the nature of its relationship with certain of its customers, and its financial statement presentation. Plaintiff seeks compensatory damages in favor of plaintiff and the other class members, as well as reasonable costs and expenses incurred in connection with this action. CONTENTS

~~Similarly,~~Item ~~on June 17, 2002, another securities complaint seeking class action status was filed in the United States District Court, Middle District of Florida, Tampa Division (Case No~~9. ~~8:02-CV-1070-T-24~~ ~~TGW),~~Other against past and present officers and directors of the Company, as well as certain investment bankers involved in the Company’s initial public offering, certain venture capital firms owning shares of the Company prior to the initial public offering and the Company’s accounting firmEvents. The complaint is brought by Gary Streeter purportedly on behalf of all persons who purchased the Company’s common stock from July 13, 2000 through August 14, 2001. As of the date of this report, the Company is not aware of any of the defendants having been served with the complaint. The factual basis alleged to underlie the proceeding and the relief sought is similar to that alleged and contained in the Cox Complaint. SIGNATURE

WhileTable the Company currently has not been named as a defendant, its past and present officers and directors have indemnification agreements with the Company, pursuant to which the Company is required to reimburse those individuals for any liabilities and damages incurred by, or imposed upon, such individuals in connection with the foregoing lawsuits, including their attorneys’ fees and costs, provided that they acted in good faith and in a manner they reasonably believed to be in, or not opposed to, the best interests of the Company. The Company intends to assist its current and former officers and directors in contesting the claims. The Company carries director and officer liability insurance (up to a maximum dollar limit) that may cover the claims against its current and former directors and officers, but the Company cannot, at the present time, be certain that any ultimate liability related to the foregoing lawsuits will be reimbursed by its insurance carriers. As a result, the Company is unable at this time to determine whether the forgoing lawsuits will have a material negative impact on its net assets or its plan of liquidation. Contents

As previously reported, the Company has adopted a plan of liquidation pursuant to which it intends (subject to contingencies inherent in winding up the Company’s business) to make distributions to its stockholders as promptly as practicableItem 9. ~~The~~Other ~~plan of liquidation requires the company to satisfy, settle or reserve for the Company’s obligations and liabilities~~Events. ~~Recently, the~~

~~Company revised~~ As ~~its~~previously ~~range~~reported, ofon ~~anticipated~~December 21, ~~stockholder~~2000, ~~distributions in~~ a ~~Form 8-K~~complaint was filed ~~with~~against the ~~Securities~~Company ~~and~~in ~~Exchange~~the ~~Commission~~Circuit onCourt ~~June 10,~~of ~~2002,~~the ~~wherein~~Thirteenth ~~the~~Judicial Circuit, in ~~Company~~and ~~stated~~for ~~that~~Hillsborough County, ~~subject~~Florida. toThe ~~the~~complaint ~~outcome~~was brought by a shareholder of ~~legal~~the ~~proceedings~~Company and ~~any~~alleged, ~~unknown contingencies~~among other things, that the Company improperly ~~believed~~failed ~~the~~to ~~ultimate~~transfer ~~distribution~~his tounregistered shares of the Company and ~~stockholders~~otherwise toprevented beplaintiff infrom selling his shares before the ~~range~~share ofprice dropped ~~$25~~significantly.~~5 million~~ toIn ~~$27.0 million~~March 2002, ~~or approximately~~the ~~$0.73~~Company tosettled the lawsuit and paid $~~0.77~~3,650,000 ~~per~~to ~~share~~the shareholder. ~~Due~~However, in ~~part~~connection towith ~~the~~this ~~preliminary~~lawsuit, ~~nature~~one of the ~~forgoing~~Company’s ~~legal~~insurance ~~proceedings,~~carriers ~~management~~agreed ~~currently~~to isloan ~~unable~~the toCompany ~~predict~~$1,750,000, ~~the~~plus ~~impact~~interest, ofon ~~these~~October 30, ~~new~~2002. ~~legal~~This ~~proceedings~~loan onis ~~its~~required ~~plan~~to ofbe ~~liquidation~~repaid orwith the ~~previously~~proceeds, ~~reported~~if ~~anticipated range of stockholder distributions~~any, ~~nor~~from ~~can management~~the ~~predict~~lawsuit the ~~precise~~Company ~~nature,~~has ~~amount~~filed oragainst ~~timing~~the oflaw ~~any~~firm that ~~distributions~~advised ~~to its~~the ~~stockholders.~~Company ~~The~~with ~~actual~~regard ~~nature,~~to ~~amount~~the ~~and~~shareholder’s ~~timing~~stock oftransfer request. ~~all~~However, ~~distributions~~the loan will be ~~determined~~forgiven by the ~~Company’s~~insurance ~~Board~~carrier ofif ~~Directors~~the Company ~~and~~is ~~will~~ultimately ~~depend~~unsuccessful in ~~part~~the ~~upon~~ lawsuit against the ~~Company’s~~law ~~ability~~firm. Furthermore, toif ~~convert~~the ~~any~~Company ~~remaining~~is ~~non-cash~~ultimately ~~assets~~unsuccessful ~~into~~in ~~cash~~this ~~and~~lawsuit, ~~pay~~the ~~and~~insurance ~~settle~~carrier ~~its~~will ~~remaining~~pay ~~liabilities~~an ~~and~~additional ~~obligations~~$750,000, ~~including~~plus ~~those~~interest, ~~related~~ to the Company. The insurance carrier also will pay the ~~foregoing~~legal ~~lawsuits,~~costs ifof ~~any~~prosecuting the action against the law firm.

~~Forward~~The ~~Looking~~purpose ~~Statements~~of this Report on Form 8-K is to report that on October 18, 2002, in accordance with the terms of the agreement between the Company and its insurance carrier, the Company received from the insurance carrier loan proceeds (including interest) in the amount of $1,800,000. The Company’s Consolidated Statement of Net Assets in Liquidation at March 31, 2002 included a receivable of $2,500,000 to reflect its agreement with the insurance carrier. As a result, the receipt of the $1,800,000 from the insurance carrier does not impact the Company’s net assets in liquidation.

~~Statements~~The included herein that are not historical in nature may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of such forward-looking statements include, without limitation, statements regarding the anticipated liquidation distribution to stockholders, the anticipated outcome of the Company’s ~~class action securities lawsuits and the previously reported anticipated~~ lawsuit ~~to be filed~~ against its former law firm, ~~and~~is ~~the~~still ~~recovery,~~in ifthe ~~any,~~early stages of ~~a portion or all of any~~ litigation ~~costs from third parties. Any such forward-looking statements reflect the judgment of management as of the date of this report~~ and ~~involve risks and uncertainties including~~, ~~without limitation~~accordingly, ~~uncertainties related to~~ the ~~Company’s~~outcome ~~plan~~ of liquidation and the amount and nature of the Company’s assets and liabilities, as well as risks related to the Company’s pending and proposed litigation and those related to the Company attempt to be reimbursed for a portion of its litigation and settlement costs from third parties. The Company claims the protection of the Safe Harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Because such ~~statements~~ ~~involve~~proceedings ~~risks and uncertainties, actual results may differ materially~~remain ~~from those expressed or implied by such forward-looking statements~~uncertain. ~~The Company~~ ~~disclaims any intention or obligation to update or revise forward-looking~~ ~~statements, whether as a result of new information, future events or otherwise.~~

~~SIGNATURE~~ The Company intends to continue to update it shareholders and the public with regard to material developments regarding the Company and its liquidation through current reports on Form 8-K.

~~Pursuant~~Forward toLooking ~~the requirements of the Securities Exchange Act of 1934, as~~Statements ~~amended, the Registrant has duly caused this Report to be signed on its behalf~~ ~~by the undersigned thereunto duly authorized.~~

	TRITON NETWORK SYSTEMS, INC.
	By:	/s/ Kenneth R. Vines
		Kenneth R. Vines, Chief Executive Officer
Dated: June 20, 2002

Statements included herein that are not historical in nature may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of such forward-looking statements include, without limitation, statements regarding the anticipated liquidation distribution to stockholders, the anticipated outcome of the Company’s class action securities lawsuits and the lawsuit filed against the Company’s former law firm, and the recovery, if any, of a portion or all of any litigation costs from third parties. Any such forward-looking statements reflect the judgment of management as of the date of this report and involve risks and uncertainties including, without limitation, uncertainties related to the Company’s plan of liquidation and the amount and nature of the Company’s assets and liabilities, as well as risks related to the Company’s pending and proposed litigation and those related to the Company attempt to be reimbursed for a portion of its litigation and settlement costs from third parties. The Company claims the protection of the Safe Harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. The Company disclaims any intention or obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.


			TRITON NETWORK SYSTEMS, INC.

			By:	/s/ KENNETH R. VINES

				Kenneth R. Vines, Chief Executive Officer

Dated: October 23, 2002

SECURITIESTable ANDof EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Contents

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