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



                                May 24, 2002
     -----------------------------------------------------------------
              Date of Report (Date of Earliest Event Reported)




                                 EXDS, Inc.
     -----------------------------------------------------------------
           (Exact name of Registrant as specified in its charter)



        Delaware                     0-23795                    77-0403076
------------------------     ------------------------     ---------------------
(State of Incorporation)     (Commission file number)        (I.R.S. Employer
                                                            Identification No.)


                       2831 Mission College Boulevard
                       Santa Clara, California 95054
     -----------------------------------------------------------------
        (Address of principal executive offices, including zip code)


                               (408) 346-2200
       -------------------------------------------------------------
            (Registrant's telephone number, including area code)
<PAGE>



ITEM 5: OTHER EVENTS.

     Attached hereto as Exhibit 99.1 and incorporated herein by reference
are Monthly Operating Reports filed with the United States Bankruptcy Court
for the District of Delaware (the "Bankruptcy Court") by EXDS, Inc., f/k/a
Exodus Communications, Inc. (the "Company"), and each of the Company's
Debtor Subsidiaries, EXDS (AISI), Inc., f/k/a American Information Systems,
Inc., EXDS (ASI), Inc., f/k/a Arca Systems, Inc., EXDS (CTSI), Inc., f/k/a
Cohesive Technology Solutions, Inc., EXDS (GCI), Inc., f/k/a GlobalCenter
Inc., EXDS (GCHC), Inc., f/k/a GlobalCenter Holding Co., EXDS (KLI), Inc.,
f/k/a Keylabs, Inc., Planet, Inc. and EXDS (SMI), Inc., f/k/a Service
Metrics, Inc. (collectively, the "Debtor Subsidiaries"), on May 24, 2002
for the month ended April 30, 2002. A copy of the Summary of Cash Accounts
originally filed with the Bankruptcy Court as part of the Monthly Operating
Reports has been omitted.

     The Company intends to file with the Securities and Exchange
Commission additional Monthly Operating Reports as soon as practicable
after such reports are filed with the Bankruptcy Court.

     THE MONTHLY OPERATING REPORTS CONTAIN FINANCIAL STATEMENTS AND OTHER
FINANCIAL INFORMATION THAT HAVE NOT BEEN AUDITED OR REVIEWED BY INDEPENDENT
ACCOUNTANTS AND MAY BE SUBJECT TO FUTURE RECONCILIATION AND ADJUSTMENTS.
The Monthly Operating Reports are in a format prescribed by applicable
bankruptcy laws, include only those entities listed above and do not
present the total consolidated financial results of the Company and its
domestic and foreign subsidiaries. The Monthly Operating Reports also
contain information for periods different from those required in the
Company's reports pursuant to the Securities Exchange Act of 1934, as
amended ("Exchange Act"). This information might not be indicative of the
Company's financial condition or operating results for the period that
would be reflected in the Company's financial statements or in its reports
pursuant to the Exchange Act. Results set forth in any Monthly Operating
Report should not be viewed as indicative of future results.


ITEM 7: FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

     (a)  Financial Statements of Businesses Acquired.

          Not  Applicable.

     (b)  Pro Forma Financial Information.

          Not  Applicable.

     (c)  Exhibits.
<PAGE>


Exhibit No.        Description of Exhibit

99.1               Monthly Operating Reports for the month ended April 30,
                   2002 of EXDS, Inc., f/k/a Exodus Communications, Inc.,
                   EXDS (AISI), Inc., f/k/a American Information Systems,
                   Inc., EXDS (ASI), Inc., f/k/a Arca Systems, Inc., EXDS
                   (CTSI), Inc., f/k/a Cohesive Technology Solutions, Inc.,
                   EXDS (GCI), Inc., f/k/a GlobalCenter Inc., EXDS (GCHC),
                   Inc., f/k/a GlobalCenter Holding Co., EXDS (KLI), Inc.,
                   f/k/a Keylabs, Inc., Planet, Inc., and EXDS (SMI), Inc.,
                   f/k/a Service Metrics, Inc.




<PAGE>



                                 SIGNATURES

     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.

     Date: May 29, 2002

                                     EXDS, INC.


                                     By:     /s/ Joseph Stockwell
                                         ---------------------------------
                                         Name:    Joseph Stockwell
                                         Title:   Chief Executive Officer


<PAGE>


                               EXHIBIT INDEX

99.1               Monthly Operating Reports for the month ended April 30,
                   2002 of EXDS, Inc., f/k/a Exodus Communications, Inc.,
                   EXDS (AISI), Inc., f/k/a American Information Systems,
                   Inc., EXDS (ASI), Inc., f/k/a Arca Systems, Inc., EXDS
                   (CTSI), Inc., f/k/a Cohesive Technology Solutions, Inc.,
                   EXDS (GCI), Inc., f/k/a GlobalCenter Inc., EXDS (GCHC),
                   Inc., f/k/a GlobalCenter Holding Co., EXDS (KLI), Inc.,
                   f/k/a Keylabs, Inc., Planet, Inc., and EXDS (SMI), Inc.,
                   f/k/a Service Metrics, Inc.
[{"type": "8-K", "sequence": "1", "filename": "pal76702.txt", "description": "CURRENT REPORT", "secsgml_size_bytes": 5817}]
{"company-data": {"conformed-name": "EXDS INC", "cik": "0001013740", "assigned-sic": "7389", "irs-number": "770403076", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-23795", "film-number": "02664831"}, "business-address": {"street1": "2831 MISSION COLLEGE BLVD", "city": "SANTA CLARA", "state": "CA", "zip": "95054", "phone": "4083462200"}, "mail-address": {"street1": "2831 MISSION COLLEGE BLVD", "city": "SANTA CLARA", "state": "CA", "zip": "95054"}, "former-company": {"former-conformed-name": "EXODUS COMMUNICATIONS INC", "date-changed": "19980112"}}
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

                                May 24, 2002
     -----------------------------------------------------------------
              Date of Report (Date of Earliest Event Reported)

                                 EXDS, Inc.
     -----------------------------------------------------------------
           (Exact name of Registrant as specified in its charter)

        Delaware                     0-23795                    77-0403076
------------------------     ------------------------     ---------------------
(State of Incorporation)     (Commission file number)        (I.R.S. Employer
                                                            Identification No.)

                       2831 Mission College Boulevard
                       Santa Clara, California 95054
     -----------------------------------------------------------------
        (Address of principal executive offices, including zip code)

                               (408) 346-2200
       -------------------------------------------------------------
            (Registrant's telephone number, including area code)
ITEM 5: OTHER EVENTS.

     Attached hereto as Exhibit 99.1 and incorporated herein by reference
are Monthly Operating Reports filed with the United States Bankruptcy Court
for the District of Delaware (the "Bankruptcy Court") by EXDS, Inc., f/k/a
Exodus Communications, Inc. (the "Company"), and each of the Company's
Debtor Subsidiaries, EXDS (AISI), Inc., f/k/a American Information Systems,
Inc., EXDS (ASI), Inc., f/k/a Arca Systems, Inc., EXDS (CTSI), Inc., f/k/a
Cohesive Technology Solutions, Inc., EXDS (GCI), Inc., f/k/a GlobalCenter
Inc., EXDS (GCHC), Inc., f/k/a GlobalCenter Holding Co., EXDS (KLI), Inc.,
f/k/a Keylabs, Inc., Planet, Inc. and EXDS (SMI), Inc., f/k/a Service
Metrics, Inc. (collectively, the "Debtor Subsidiaries"), on May 24, 2002
for the month ended April 30, 2002. A copy of the Summary of Cash Accounts
originally filed with the Bankruptcy Court as part of the Monthly Operating
Reports has been omitted.

     The Company intends to file with the Securities and Exchange
Commission additional Monthly Operating Reports as soon as practicable
after such reports are filed with the Bankruptcy Court.

     THE MONTHLY OPERATING REPORTS CONTAIN FINANCIAL STATEMENTS AND OTHER
FINANCIAL INFORMATION THAT HAVE NOT BEEN AUDITED OR REVIEWED BY INDEPENDENT
ACCOUNTANTS AND MAY BE SUBJECT TO FUTURE RECONCILIATION AND ADJUSTMENTS.
The Monthly Operating Reports are in a format prescribed by applicable
bankruptcy laws, include only those entities listed above and do not
present the total consolidated financial results of the Company and its
domestic and foreign subsidiaries. The Monthly Operating Reports also
contain information for periods different from those required in the
Company's reports pursuant to the Securities Exchange Act of 1934, as
amended ("Exchange Act"). This information might not be indicative of the
Company's financial condition or operating results for the period that
would be reflected in the Company's financial statements or in its reports
pursuant to the Exchange Act. Results set forth in any Monthly Operating
Report should not be viewed as indicative of future results.

ITEM 7: FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

     (a)  Financial Statements of Businesses Acquired.

          Not  Applicable.

     (b)  Pro Forma Financial Information.

          Not  Applicable.

     (c)  Exhibits.
Exhibit No.        Description of Exhibit

99.1               Monthly Operating Reports for the month ended April 30,
                   2002 of EXDS, Inc., f/k/a Exodus Communications, Inc.,
                   EXDS (AISI), Inc., f/k/a American Information Systems,
                   Inc., EXDS (ASI), Inc., f/k/a Arca Systems, Inc., EXDS
                   (CTSI), Inc., f/k/a Cohesive Technology Solutions, Inc.,
                   EXDS (GCI), Inc., f/k/a GlobalCenter Inc., EXDS (GCHC),
                   Inc., f/k/a GlobalCenter Holding Co., EXDS (KLI), Inc.,
                   f/k/a Keylabs, Inc., Planet, Inc., and EXDS (SMI), Inc.,
                   f/k/a Service Metrics, Inc.
SIGNATURES

     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.

     Date: May 29, 2002

                                     EXDS, INC.

                                     By:     /s/ Joseph Stockwell
                                         ---------------------------------
                                         Name:    Joseph Stockwell
                                         Title:   Chief Executive Officer
EXHIBIT INDEX

99.1               Monthly Operating Reports for the month ended April 30,
                   2002 of EXDS, Inc., f/k/a Exodus Communications, Inc.,
                   EXDS (AISI), Inc., f/k/a American Information Systems,
                   Inc., EXDS (ASI), Inc., f/k/a Arca Systems, Inc., EXDS
                   (CTSI), Inc., f/k/a Cohesive Technology Solutions, Inc.,
                   EXDS (GCI), Inc., f/k/a GlobalCenter Inc., EXDS (GCHC),
                   Inc., f/k/a GlobalCenter Holding Co., EXDS (KLI), Inc.,
                   f/k/a Keylabs, Inc., Planet, Inc., and EXDS (SMI), Inc.,
                   f/k/a Service Metrics, Inc.