-----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, EKzmMbA1u4JsKLP7QS5J6yzT5JNBLA8HKLyFpk9O0BYvWznSP6zzVb8LZJtzqrju za8A8GepHqzeVxXDA3cTig== 0001157523-07-002371.txt : 20070305 0001157523-07-002371.hdr.sgml : 20070305 20070305164530 ACCESSION NUMBER: 0001157523-07-002371 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070228 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070305 DATE AS OF CHANGE: 20070305 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: 07671756 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 a5348337.txt IMMERSION CORPORATION 8-K 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 28, 2007 IMMERSION CORPORATION (Exact name of registrant as specified in its charter) -------------------- Delaware 000-27969 94-3180138 ---------------------------- ------------------------ ---------------------- (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) 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) 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: [ ] 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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) Anne DeGheest was elected to the Board of Directors of Immersion Corporation, a Delaware corporation ("Immersion"), effective as of March 1, 2007. Ms. DeGheest was also elected to the Nominating and Corporate Governance committee of Immersion's Board of Directors (the "Board"). Additionally, the Board determined that Ms. DeGheest is to serve as a Class I director, and she will stand for election at Immersion's 2009 annual meeting of stockholders. Ms. DeGheest has served as founder and a principal of MedStars, an investment and executive management firm since August 1986. In November 1998, Ms. DeGheest founded and served as president and chief executive officer of medpool.com, Inc., an e-commerce hospital procurement company until September 2002 when medpool.com's assets were sold to BoldFish. From March through November 1998, Ms. DeGheest was an entrepreneur in residence at Institutional Venture Partners, a venture capital firm. From September 1979 through March 1997, Ms. DeGheest served in various sales and marketing roles at OmniCell Technologies, Nellcor and Raychem. Ms. DeGheest holds an M.S. in general engineering and business from the University of Brussels, Belgium and an M.B.A. from Harvard University. Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year (a) On February 28, 2007, the Board of Directors of Immersion adopted resolutions pursuant to Section 2.1 of Immersion's Bylaws to fix the authorized number of directors at seven (7). Immersion's Bylaws, as amended, are filed as Exhibit 3.1 to Immersion's Annual Report on Form 10-K filed with the Commission on March 28, 2003, which is incorporated herein by reference. Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description ----------- ----------- 99.1 Press Release dated March 5, 2007 announcing the election of Anne DeGheest to the Board of Directors of Immersion Corporation. 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: March 5, 2007 By: /s/ Stephen M. Ambler --------------------------------------------- Stephen M. Ambler Chief Financial Officer and Vice President, Finance EXHIBIT INDEX ------------- Exhibit No. Description ----------- ----------- 99.1 Press Release dated March 5, 2007 announcing the election of Anne DeGheest to the Board of Directors of Immersion Corporation. EX-99.1 2 a5348337-ex991.txt EXHIBIT 99.1 Exhibit 99.1 Anne DeGheest Joins Immersion's Board of Directors Brings Entrepreneurial and Medical Industry Expertise SAN JOSE, Calif.--(BUSINESS WIRE)--March 5, 2007--Immersion Corporation (NASDAQ:IMMR), a leading developer and licensor of touch feedback technology, today announced the appointment of Anne DeGheest to its board of directors, effective March 1st. Ms. DeGheest has served since August 1986 as founder and principal of MedStars, an investment and executive management firm specializing in starting and developing new life sciences companies with innovative products and services which included Pyxis, Aspect Medical Systems, Visicu, Thermage and Pixel Optics. She also serves on the device screening committee of Life Science Angels, Inc., an angel investment group focused solely on biotechnology and medical device companies. From March through November 1998, she was an entrepreneur in residence at Institutional Venture Partners, a venture capital firm. From November 1998 to September 2002, Ms. DeGheest founded and served as president and chief executive officer of medpool.com, Inc., an e-commerce hospital procurement company. Previously, DeGheest was vice president of marketing at OmniCell Technologies, a leader in automated point-of-use management systems for medical supplies, and marketing director for Nellcor, a manufacturer of pulse oximetry and critical care solutions. DeGheest also held a sales and marketing management position in Raychem's Computer and Telecommunication Division. She has a Masters of Science in general engineering and business from the University of Brussels, Belgium and a Masters of Business Administration from Harvard University. "Anne's experience will be a great asset to our medical training, touchscreen, and mobile device product businesses," said Vic Viegas, Immersion CEO. "Her background and skills will help Immersion broaden market reach for our touch interface technologies." "I believe the medical industry can and will certainly benefit from integrating Immersion TouchSense(R) technology," said DeGheest. "The company is having success, and it seems the time has come for a much wider adoption by the medical community of training simulators with Immersion's touch feedback technology. I'm delighted to have the opportunity to help make it happen." About Immersion (www.immersion.com) Founded in 1993, Immersion Corporation is a recognized leader in developing, licensing, and marketing digital touch technology and products. Using Immersion's advanced touch feedback technology (www.immersion.com/corporate/products/), electronic user interfaces can be made more productive, compelling, entertaining, or safer. Immersion's technology is deployed across automotive, entertainment, industrial controls, medical training, mobility, and three-dimensional simulation markets. Immersion's patent portfolio includes over 600 issued or pending patents in the U.S. and other countries. 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 formation of industry relationships, growth of product markets or sales, or consumer and market acceptance of force feedback products in general; 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 our business which include, but are not limited to, delay in or failure to achieve commercial demand for our 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 actual results to vary materially, interested parties should review the risk factors listed in our most current Form 10-Q, which is on file with the U.S. Securities and Exchange Commission. The forward-looking statements in this press release reflect our beliefs and predictions as of the date of this release. We disclaim 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, the Immersion logo, and TouchSense are trademarks of Immersion Corporation in the United States and other countries. All other trademarks are the property of their respective owners. CONTACT: A&R Edelman Alexandra Skillman, +1-650-762-2842 askillman@ar-edelman.com -----END PRIVACY-ENHANCED MESSAGE-----