AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON NOVEMBER 13, 2002 REGISTRATION NO. 333-48536 ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ------------------ POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-3 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ------------------ TERAYON COMMUNICATION SYSTEMS, INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) DELAWARE 3661 77-0328533 (STATE OF INCORPORATION) (PRIMARY STANDARD INDUSTRIAL (I.R.S. EMPLOYER CLASSIFICATION CODE NUMBER) IDENTIFICATION NUMBER) ------------------ 4988 GREAT AMERICA PARKWAY SANTA CLARA, CALIFORNIA 95054 (408) 235-5000 (ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING AREA CODE, OF REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES) ------------------ EDWARD LOPEZ GENERAL COUNSEL 4988 GREAT AMERICA PARKWAY SANTA CLARA, CALIFORNIA 95054 (408) 235-5000 (NAME, ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING AREA CODE, OF AGENT FOR SERVICE) ------------------ =============================================================================== 1. TERMINATION OF OFFERING AND REMOVAL OF SECURITIES FROM REGISTRATION Pursuant to an undertaking made in Item 17 of the Registration Statements as filed with the Commission on October 24, 2000 and January 19, 2001 (Registration No. 333-48536), the Registrant hereby removes from registration $17,337,000 of Convertible Subordinated Notes due 2007 and 5,951,673 shares of its Common Stock. 2. SIGNATURES Pursuant to the requirements of the Securities Act, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Post-Effective Amendment No. 1 to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Santa Clara, State of California on November 13, 2002. /s/ Dr. Zaki Rakib ----------------------- Dr. Zaki Rakib Chief Executive Officer Signature Title --------- ------ /s/ Dr. Zaki Rakib Chief Executive Officer and Director --------------------------------------- (Principal Executive Officer) Dr. Zaki Rakib * Chief Financial Officer (Principal --------------------------------------- Finance and Accounting Officer) Carol Lustenader * President and Chairman of the Board --------------------------------------- of Directors Shlomo Rakib * Director --------------------------------------- Alek Krstajic * Director --------------------------------------- Christopher J. Schaepe * Director --------------------------------------- Lewis Solomon * Director --------------------------------------- David Woodrow By: /s/ Dr. Zaki Rakib ------------------------------------ Dr. Zaki Rakib Attorney-in-fact 3.