-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PW6XESvD5IaOgf8vEJ+J/Vez4YL3HWSwrRDoC9Oj3qjAoicXejznseP6rqEcs7+L NQFb9LMec8vL5zsN7wypsA== 0000950134-04-002682.txt : 20040301 0000950134-04-002682.hdr.sgml : 20040301 20040227183616 ACCESSION NUMBER: 0000950134-04-002682 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040225 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040301 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IMMERSION CORP CENTRAL INDEX KEY: 0001058811 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 943180138 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27969 FILM NUMBER: 04637040 BUSINESS ADDRESS: STREET 1: 801 FOX LANE CITY: SAN JOSE STATE: CA ZIP: 95131 BUSINESS PHONE: 4084671900 MAIL ADDRESS: STREET 1: 801 FOX LANE CITY: SAN JOSE STATE: CA ZIP: 95131 FORMER COMPANY: FORMER CONFORMED NAME: IMMERSION HUMAN INTERFACE CORP DATE OF NAME CHANGE: 19980602 8-K 1 f96931e8vk.htm FORM 8-K e8vk
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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):   February 25, 2004

IMMERSION CORPORATION

(Exact name of registrant as specified in its charter)


         
Delaware   000-27969   94-3180138

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


801 Fox Lane
San Jose, California 95131
(Address of principal executive offices) (Zip Code)


Registrant’s telephone number, including area code:   (408) 467-1900

Not Applicable
(Former name or former address, if changed since last report)

 


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Item 5. Other Events and Regulation FD Disclosure
Item 7. Financial Statements and Exhibits.
SIGNATURES
EXHIBIT INDEX
EXHIBIT 99.1


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Item 5. Other Events and Regulation FD Disclosure

     On February 25, 2004, Immersion Corporation entered into an employment agreement with Richard Vogel whereby Mr. Vogel will be appointed the Senior Vice President-General Manager of Immersion Medical effective March 1, 2004. Attached as an exhibit is a press release announcing the appointment of Mr. Vogel.

Item 7. Financial Statements and Exhibits.

  (c)   Exhibits.

     
Exhibit No.
  Description
99.1
  Press Release dated February 27, 2004 announcing the appointment of Richard Vogel as Immersion’s Senior Vice President-General Manager, Immersion Medical.

 


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     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.

         
    IMMERSION CORPORATION
 
       
Date:  February 27, 2004
  By:   /s/ Victor Viegas
     
 
      Victor Viegas
      President, Chief Executive Officer, Chief
      Operating Officer, Chief Financial Officer
      and Director

 


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EXHIBIT INDEX

     
Exhibit No.
  Description
99.1
  Press Release dated February 27, 2004 announcing the appointment of Richard Vogel as Immersion’s Senior Vice President-General Manager, Immersion Medical.

 

EX-99.1 3 f96931exv99w1.txt EXHIBIT 99.1 [IMMERSION LETTERHEAD] Contacts: Gayle Schaeffer Immersion Corporation 408.350.8778 gschaeffer@immersion.com IMMERSION NAMES RICHARD VOGEL AS SENIOR VICE PRESIDENT/GENERAL MANAGER OF IMMERSION MEDICAL SAN JOSE, CALIF., FEBRUARY 27, 2004 (BUSINESS WIRE) -- Immersion Corporation (Nasdaq: IMMR), a leading developer and licensor of touch feedback technology, today announced the appointment of Richard Vogel as senior vice president and general manager of its wholly-owned subsidiary, Immersion Medical, Gaithersburg, Maryland, effective March 1. Vogel will report to Immersion President and Chief Executive Officer Victor Viegas. "Richard Vogel brings market-driven leadership and a passion for building medical businesses to Immersion Medical," says Victor Viegas, president and CEO of Immersion. "He has a proven track record of commercializing products, building distribution channels and strategic alliances, and expanding international sales." Previously, Vogel has held CEO/president/COO and general manager positions at a variety of medical device, durable medical equipment, and capital equipment companies. Over his 25-year career, Vogel has profitably grown medical start-ups as well as the medical businesses of public companies such as Kinetic Concepts, Inc. and American Cyanamid. Vogel holds a Bachelor of Arts degree from Middlebury College in Vermont and a master's degree in business administration from Harvard Business School. He speaks five languages and has extensive international experience including assignments in various locations in Europe and South America. Pursuant to the terms of Vogel's employment agreement, Immersion has agreed to grant inducement stock options, subject to approval by Immersion's Board of Directors, effective as of the date of Vogel's commencement of employment. These options will be granted without stockholder approval pursuant to Nasdaq Marketplace Rule 4350(i)(1)(A)(iv) under the following terms: 200,000 stock options, which shall be treated as nonstatutory stock options, an exercise price equal to the closing price of Immersion's stock as reported on the Nasdaq National Market on the date of Vogel's commencement of employment and vesting over four years, with 25 percent of the shares vesting on the one year anniversary of the employment commencement date, and with an additional 2.083 percent of the options vesting per month of service thereafter. ABOUT IMMERSION (WWW.IMMERSION.COM) Founded in 1993, Immersion Corporation is a recognized leader in developing, licensing, and marketing digital touch technology and products. Bringing value to markets where man-machine interaction needs to be made more compelling, safer, or productive, Immersion helps its partners broaden market reach by making the use of touch feedback as critical a user experience as sight and sound. Immersion's technology is deployed across personal computing, entertainment, medical training, automotive, and three-dimensional simulation markets. Immersion and its wholly-owned subsidiaries hold more than 210 issued patents worldwide. ABOUT IMMERSION MEDICAL Immersion Medical designs, manufactures, and markets computer-based medical training simulation systems worldwide. The systems integrate proprietary computer software and tactile feedback robotics to create highly realistic medical procedure simulations that help train doctors. The company's four key product lines are the CathSim(R) Vascular Access Simulator, the AccuTouch(R) Endoscopy Simulator, the AccuTouch Endovascular Simulator, and AccuTouch Laparoscopic Simulator. FORWARD LOOKING STATEMENTS This press release contains "forward-looking statements" that involve risks and uncertainties, as well as assumptions that, if they never materialize or prove incorrect, could cause the results of Immersion Corporation and its consolidated subsidiaries to differ materially from those expressed or implied by such forward-looking statements. All statements, other than the statements of historical fact, are statements that may be deemed forward-looking statements, including any projections of earnings, revenues, or other financial matters; any statements of the plans, strategies, and objectives of management for future operations; any statements concerning the future growth of Immersion Medical; consumer and market acceptance of force feedback products in general; future development of force feedback products; proposed products or services; any statements regarding future economic conditions or performance; statements of belief and any statement or assumptions underlying any of the foregoing. Immersion's actual results might differ materially from those stated or implied by such forward-looking statements due to risks and uncertainties associated with Immersion's business which include, but are not limited to, delay in or failure to achieve commercial demand for Immersion's products or a delay in or failure to achieve the acceptance of force feedback as a critical user experience. For a more detailed discussion of these factors, and other factors that could cause the Company's actual results to vary materially, interested parties should review the risk factors listed in the Company's most current Form 10-K and the Forms 10-Q for the Company's current fiscal year, which are on file with the U.S. Securities and Exchange Commission. The forward-looking statements in this press release reflect the Company's beliefs and predictions as of the date of this release. The Company disclaims any obligation to update these forward-looking statements as a result of financial, business or any other developments occurring after the date of this release. Immersion, CathSim, and AccuTouch are trademarks of Immersion Corporation. ###
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