0001193125-13-018489.txt : 20130122 0001193125-13-018489.hdr.sgml : 20130121 20130122100500 ACCESSION NUMBER: 0001193125-13-018489 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20130117 ITEM INFORMATION: Other Events FILED AS OF DATE: 20130122 DATE AS OF CHANGE: 20130122 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PC TEL INC CENTRAL INDEX KEY: 0001057083 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 770364943 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27115 FILM NUMBER: 13539239 BUSINESS ADDRESS: STREET 1: 471 BRIGHTON DRIVE CITY: BLOOMINGDALE STATE: IL ZIP: 60108 BUSINESS PHONE: 630-372-6800 MAIL ADDRESS: STREET 1: 471 BRIGHTON DRIVE CITY: BLOOMINGDALE STATE: IL ZIP: 60108 8-K 1 d471485d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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) January 17, 2013

 

 

PCTEL, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   000-27115   77-0364943

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

471 Brighton Drive

Bloomingdale, Illinois 60108

(Address of Principal Executive Offices, including Zip Code)

(630) 372-6800

(Registrant’s telephone number, including area code)

 

 

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(b))

 

¨ 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 8.01 Other Events

The following information is intended to be furnished under Item 8.01 of Form 8-K, “Other Events.” This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

On January 17, 2013, PCTEL, Inc. (“PCTEL”) announced that it had engaged Wunderlich Securities, Inc. to advise them on potential directions for PCTEL Secure LLC (“PCTEL Secure”) and its security solution called ProsettaCore™. Wunderlich will assist PCTEL in raising equity, establishing distribution partners, or finding other ways to optimize the value of the PCTEL Secure assets. The full text of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.


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 hereunto duly authorized.

 

Date: January 21, 2013    
    PCTEL, INC.
    By:   /s/ John W. Schoen
      John W. Schoen, Chief Financial Officer


EXHIBIT INDEX

 

Exhibit Number

  

Description

Exhibit 99.1    Press release, dated January 17, 2013, of PCTEL, Inc. announcing that it had engaged Wunderlich Securities, Inc. to advise them on potential directions for PCTEL Secure LLC and its security solution called ProsettaCore™.
EX-99.1 2 d471485dex991.htm PRESS RELEASE, DATED JANUARY 17, 2013, OF PCTEL, INC. Press release, dated January 17, 2013, of PCTEL, Inc.

Exhibit 99.1

 

LOGO

PCTEL Engages Wunderlich Securities, Inc. to Explore Strategic Directions for PCTEL Secure

Bloomingdale, IL—January 17, 2013—PCTEL, Inc. (NASDAQ: PCTI), a leader in simplifying wireless and site solutions for private and public networks, announced today that it had engaged Wunderlich Securities, Inc. to advise them on potential directions for PCTEL Secure LLC and its security solution called ProsettaCore™. Wunderlich will assist PCTEL in raising equity, establishing distribution partners, or finding other ways to optimize the value of the PCTEL Secure assets.

“We’ve developed an outstanding security solution,” said Marty Singer, PCTEL’s Chairman and CEO. “It is clear, however, that there is a mismatch between our traditional distribution channels and the various government, military, enterprise, and SCADA markets for ProsettaCore™. Wunderlich is accelerating the introduction of PCTEL Secure to companies with an established interest in both the security and the mobile device management market,” added Singer.

ProsettaCore includes a behavioral-based security monitor and other specialized software which runs on a smartphone and a myriad of other devices. It also includes a Policy Server which provides secure software downloads and Mobile Device Management (MDM) capabilities. The ProsettaCore solution allows a mobile device such as a phone, tablet, or tactical radio, to run in multiple modes, and to enforce multiple security policies, all without any specialized hardware. For example, a phone could have a “Personal Use” mode, and a “Secure” mode, each having different configuration files, apps, access privileges, and more. Security policies can be both pre-configured and updated in the field using a mobile management solution. ProsettaCore keeps separate the data and applications for different modes, effectively turning a single-purpose device into a multi-use device with multiple security levels. In addition, there are non-security applications for this capability.

PCTEL Secure LLC, a wholly owned subsidiary of PCTEL, reports into the company’s RF Solutions Group. An updated Investor Presentation, that reflects this structure and other changes, has been posted to the PCTEL website under the Investor Relations tab.

About PCTEL

PCTEL, Inc. (NASDAQ: PCTI), develops antenna, scanning receiver, and engineered site solutions and services for public and private networks. PCTEL RF Solutions specializes in the design, optimization and testing of today’s wireless communication networks. The company’s SeeGull® scanning receivers, SeeHawk® visualization tool, and Clarify® system, measure and analyze wireless signals for efficient cellular network planning, deployment, and optimization. PCTEL develops and supports scanning receivers for LTE, TD-LTE, EV-DO, CDMA, WCDMA, TD-SCDMA, GSM, and WiMAX networks. PCTEL Secure, which is part of RF Solutions, focuses on Android mobile platform security.

PCTEL Connected Solutions™ simplifies network deployment for wireless, data and communications applications for private network, public safety, and government customers. PCTEL Connected Solutions develops and delivers high-value YAGI, Land Mobile Radio, WiFi, GPS, In-Tunnel, Subway, and broadband antennas (parabolic and flat


panel) through its MAXRAD®, Bluewave™ and Wi-Sys™ product lines. PCTEL also designs specialized towers, enclosures, fiber optic panels, and fiber jumper cables to deliver custom engineered site solutions. The company’s vertical markets include SCADA, Health Care, Smart Grid, Positive Train Control, Precision Agriculture, Indoor Wireless, Telemetry, Off-loading, and Wireless Backhaul. PCTEL’s products are sold worldwide through direct and indirect channels. For more information, please visit the company’s web sites www.pctel.com, www.antenna.com, www.rfsolutions.pctel.com, www.connectedsolutions.pctel.com, www.towerworx.com, www.wirelesstesting.com or www.pctelsecure.com

PCTEL Safe Harbor Statement

This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Specifically, these forward-looking statements include statements regarding ProsettaCore™, the innovative security solution developed by PCTEL Secure, and PCTEL Secure’s business plan. These statements are based on PCTEL’s current expectations. Anticipated benefits and product capabilities may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in PCTEL’s filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and PCTEL disclaims any obligation to update or revise the information contained in any forward-looking statements, whether as a result of new information, future events or otherwise.

For further information contact:

Jack Seller

Public Relations

PCTEL, Inc.

(630)339-2116

GRAPHIC 3 g471485logo.jpg GRAPHIC begin 644 g471485logo.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_X0!X17AI9@``24DJ``@````&`#$!`@`1 M````5@````$#!0`!````:`````,#`0`!`````&G2`!!1`0`!`````0```!%1 M!``!````Q`X``!)1!``!````Q`X```````!-:6-R;W-O9G0@3V9F:6-E`$2@ MA@$`C[$``/_;`$,`"`8&!P8%"`<'!PD)"`H,%`T,"PL,&1(3#Q0=&A\>'1H< M'"`D+B<@(BPC'!PH-RDL,#$T-#0?)SD].#(\+C,T,O_;`$,!"0D)#`L,&`T- M&#(A'"$R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R M,C(R,C(R,C(R,O_``!$(`$``G0,!(@`"$0$#$0'_Q``?```!!0$!`0$!`0`` M`````````0(#!`4&!P@)"@O_Q`"U$``"`0,#`@0#!04$!````7T!`@,`!!$% M$B$Q008346$'(G$4,H&1H0@C0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I*C0U M-CH.$A8:'B(F* MDI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G: MX>+CY.7FY^CIZO'R\_3U]O?X^?K_Q``?`0`#`0$!`0$!`0$!`````````0(# M!`4&!P@)"@O_Q`"U$0`"`0($!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q M$R(R@0@40I&AL<$)(S-2\!5B7J"@X2%AH>(B8J2DY25EI>8 MF9JBHZ2EIJ>HJ:JRL[2UMK>XN;K"P\3%QL?(RKR\_3U]O?X^?K_V@`,`P$``A$#$0`_`/?ZK7U_:Z;:/=7U>,>+-/N:ZL+AG7G;HMSAQ^-6%IWW M;V.EO?B6&E*V%JHC[/,>3^`Z5#%\0;_=EDMV'IM(_K7"VMA*]2K0P=%6E_P`$\.ABLPQ$KPU_!'0: M;XZLKEA'>)]G8_Q@[E_Q%=4CK(BNC!E89!!R"*XX?#?353"WMX&]=R_RQ6KH M6AWFANT`O_M-BW(21<-&?8],5Y=:.':O2?R/++EK?P_&?#MZ+/5]7@M+@H'\N0-G:>AX'L: MZ&O,+NVMKOX_)%=0131_V-G;*@89W>AKS)SE.3E+<]:G3C3BH15DC=_X6QX$ M_P"AEL_R;_"MO1?%.A>(@W]D:K:WA4998G^8#UQUJ7^P]$_Z!>G_`/@.G^%> M:^-++1M*\>^$Y?#T5M;ZU+?A)HK0!=\)^]O5>V,_KZ5)9ZK>7MKIUJ]U>W$5 MO;QC+22L%4?B:XV7XO\`@F.4HNK-*`<%XK>1E'XA:PKBS'Q$^*=]I^HEGT'0 M%4?9_Y>YKTZ"PL[6`06]K!%$HP$CC"J!]!0!0T/Q1HGB2%I='U* MWNPOWEC;YE^JGD52U?X@>%-!U&33]4UNWM;N,`O$^[(!&1T'I6;XC^'T-[JE MGK7AZ6+2-9MYE9KB./"RQ_Q*ZC&[BNJFTG3KJ4RW.GVDTI`W/)`K$_B10!S0 M^*W@4@D>)+0XZ\-_A2?\+8\"?]#+9_DW^%<]\1=+T^W\4^"$AL+6-)=3*R*D M*@./EX(QR*]#_L'1_P#H$V'_`(#)_A0!2U+QEX>T?3[._P!0U2&WM;U=]O*P M.)!@'(P/0BLK_A;'@3_H9;/\F_PK"^)Z6L/B'P*DRP):)J)#+(`(U0!>H/&* MZSS?!7]_0/SAH`K6?Q,\&:A>P6=KX@M9;B=Q'%&H;+,3@#I6X-E5K"#PW=3;M.BTF:6(ALVZQLR>A^7I7')_R<))_P!@;_V8 M4`>E4444`%%%%`%'5[+^T-*N+8?>=/E_WAR/UKS31[[[#K=L\OR[)0K@]NQK MUFN#\9^%Y97?5-.C+N>9X5ZG_:']17=@ZD5>G/9GG8^G.RK4U=Q.\KR'Q'X= ML/$_QO33]1\[R/[)$G[F4QMD,<N:Y*M.5.3C([*%:%:"G#9G/?\`"F?"7IJ7 M_@=)_C6YX=\`>&_"UP;G2].5;IA@W$KF23'U/3\*Z6BH-3R[P_R]\5NHV]%;!&1G##!'UKC-`^&VG:5JPUG4KV\UK5E^Y=7S[O+]U7H*[6@ M#S?XE_\`(V>`_P#L*'_V6O2*Y_Q#X5@\0ZGHM]-F,5C?\`"MM6_P"B@^(_^_HH`ZC0_"6@ M>&I)I-&TN"R>8!9#$#\P'3.3[UR"?\G"2?\`8%_]F%7+7X>:I;7D$[^//$$R MQR*YB>4;7`.=I]CTJ;Q#\//[<\3'7K;Q!J.EW9@$&;3`^4>_7G^E`';T5Y[_ M`,*VU;_HH/B/_OZ*TM!\%:AHVKQWMQXOUG48T5@;:ZD!C;(QD_3K0!U2W5N^ M[;/$VW.[#@XQUS4U(E`WK(064^HRH_*NE4;5`]!B@! M:***`,'4_"FG:AUF'N.F M?I5RBK=237*WU/DW,<#'`/`(R#T]:L3 M3:@;T16\[0P+.(5`A!^4)EFR??@5T%%/VB[$JB[6U:8 MXAW,[$X1<8X/6I[B2[>2X9D/F^3#;``$KONG_!N",M&+ M@PJQCX.Y,KSZ*Y!=74F9&_@1!M`&01 MD[>.*Z>BCVB["=&3O[QS-UJ6I116,;2;9WC#2*D?SL2<#`(P?<<&K*ZA=2>( DOLRR$P*VTJJ=,+D[LC/)Z$'%;M%'.NP_92O\78****S-S__9 ` end