0001013762-11-001121.txt : 20110421 0001013762-11-001121.hdr.sgml : 20110421 20110421074528 ACCESSION NUMBER: 0001013762-11-001121 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20110421 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110421 DATE AS OF CHANGE: 20110421 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EMAGIN CORP CENTRAL INDEX KEY: 0001046995 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 880378451 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15751 FILM NUMBER: 11771994 BUSINESS ADDRESS: STREET 1: 3006 NORTHUP WAY STREET 2: SUITE 103 CITY: BELLEVUE STATE: WA ZIP: 98004 BUSINESS PHONE: (425)-284-5200 MAIL ADDRESS: STREET 1: 3006 NORTHUP WAY STREET 2: SUITE 103 CITY: BELLEVUE STATE: WA ZIP: 98004 FORMER COMPANY: FORMER CONFORMED NAME: FASHION DYNAMICS CORP DATE OF NAME CHANGE: 19980805 8-K 1 form8k.htm EMAGIN CORPORATION FORM 8-K form8k.htm
  
     
UNITED STATES
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

Date of Report (Date of earliest event reported):  April 21, 2011

eMagin Corporation
(Exact name of registrant as specified in its charter)
 
  Delaware
 
  000-24757
 
  56-1764501
(State or other jurisdiction of incorporation)
 
  (Commission File Number)
 
  (IRS Employer Identification No.)
         
 
3006 Northup Way, Suite 103, Bellevue, WA 98004
(Address of principal executive offices and Zip Code)

Registrant's telephone number, including area code (425) 284-5200

Copies to:
Richard A. Friedman, Esq.
Sichenzia Ross Friedman Ference LLP
61 Broadway
New York, New York 10006
Phone: (212) 930-9700
Fax: (212) 930-9725

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




 
 
 

 

 
Item 2.02.                   Results of Operations and Financial Condition.

On April 21, 2011 eMagin Corporation  (the “Company”) issued a press release announcing its preliminary revenues for the quarter ended March 31, 2011 and reiterated its guidance for 2011.   The press release is attached hereto as Exhibit 99.1.

 In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01                    Financial Statements and Exhibits.

(d) Exhibits

 
Exhibit Number
 
 
Description
99.1
 
Press Release of eMagin Corporation dated  April 21, 2011

 


 
2

 



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.
 
 
eMagin Corporation
 
       
Date: April 21, 2011
By:
/s/ Paul Campbell  
   
Paul Campbell
 
   
Chief Financial Officer
 
       
 
 
 
 
 
3

 
 
 
  
EXHIBIT INDEX
 
 
 
Exhibit Number
 
 
Description
99.1
 
Press Release of eMagin Corporation dated  April 21, 2011

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
4

EX-99.1 2 ex991.htm EXHIBIT 99.1 ex991.htm
Exhibit 99.1
 
 
eMagin Logo
eMagin Expects First Quarter 2011 Revenue of
Approximately $5.5 Million

- Company Reaffirms 2011 Revenue Guidance Range -

BELLEVUE, Wash. – April 21, 2011 - eMagin Corporation (NYSE Amex: EMAN), the leader in the development, design and manufacture of Active Matrix OLED microdisplays for high resolution imaging products, announced today that revenues for the first quarter of fiscal 2011 will be approximately $5.5 million due to production issues and a slower pace of manufacturing following preventative maintenance in the first quarter. The Company has been taking a number of steps to restore its production schedule, including running extra shifts on weekends.

Accordingly, the Company is maintaining its 2011 revenue guidance of $35 to $40 million based on its current backlog of orders under existing contracts and the anticipated resumption of normal production.

About eMagin Corporation

A leader in OLED microdisplay technology and personal display systems, eMagin integrates high-resolution OLED microdisplays with magnifying optics to deliver virtual images comparable to large-screen computer and television displays in portable, low-power, lightweight personal displays. eMagin microdisplays provide near-eye imagery in a variety of products from military, industrial, medical and consumer OEMs. The Company's own Z800 3DVisor provides 3D stereovision and headtracking for PC gaming, training and simulation, immersion therapy, and other applications. More information about eMagin is available at www.emagin.com.
 
Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those regarding eMagin Corporation's expectations, intentions, strategies and beliefs pertaining to future events or future financial performance. Actual events or results may differ materially from those in the forward-looking statements as a result of various important factors, including those described in the Company's most recent filings with the SEC. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. The business and operations of the Company are subject to substantial risks which increase the uncertainty inherent in forward-looking statements. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements.

Contact:
Investors: Paul Campbell, 425-284-5220, pcampbell@emagin.com
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