0001193125-13-004367.txt : 20130107 0001193125-13-004367.hdr.sgml : 20130107 20130107061115 ACCESSION NUMBER: 0001193125-13-004367 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20130107 ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130107 DATE AS OF CHANGE: 20130107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EON COMMUNICATIONS CORP CENTRAL INDEX KEY: 0001084752 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 621482178 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26399 FILM NUMBER: 13513623 BUSINESS ADDRESS: STREET 1: 4105 ROYAL DRIVE NW STREET 2: SUITE 100 CITY: KENNESAW STATE: GA ZIP: 30144 BUSINESS PHONE: 7704232200 MAIL ADDRESS: STREET 1: 4105 ROYAL DRIVE NW STREET 2: SUITE 100 CITY: KENNESAW STATE: GA ZIP: 30144 FORMER COMPANY: FORMER CONFORMED NAME: CORTELCO SYSTEMS INC DATE OF NAME CHANGE: 19990421 8-K 1 d462376d8k.htm FORM 8-K Form 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): January 7, 2013

 

 

eOn Communications Corporation

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   000-26399   62-1482176

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification Number)

1703 Sawyer Road

Corinth, MS

  38834
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: 800-955-5321

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 (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 9.01 Financial Statements and Exhibits

Exhibits:

 

Exhibit
Number

  

Description of Exhibit

99.1    Press release dated January 7, 2013


SIGNATURE

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: January 7, 2013
EON COMMUNICATIONS CORPORATION
By:  

/s/ Lee M. Bowling

  Lee M. Bowling
  Chief Financial Officer
EX-99.1 2 d462376dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

Investor Relations

eOn Communications

800-955-5321

investorrelations@eoncc.com

For Release 10:00 AM ET, January 7, 2013

eOn Communications Reports Fiscal Year 2012 and First Quarter Fiscal 2013 Profitability

CORINTH, MS (January 7, 2013) – eOn Communications Corporation™ (NASDAQ: EONC) (the “Company”), a leading provider of telecommunications, access control, paging and data center solutions, announces fiscal year ended July 31, 2012 and quarter ended October 31, 2012 results.

Total 2012 fiscal year income was $464,000 or $0.16 per common share compared to a loss of $1,380,000 or $0.48 per common share for fiscal year 2011. Included in fiscal year 2011 were one time charges for write off of capitalized software development of $916,000 and inventory reserve provisions of $762,000. First quarter fiscal 2013 income was $88,000.

eOn Systems and Cortelco

In the U.S. eOn Communications Corporation has two business units: eOn Systems and Cortelco. The corporation’s improved performance is in part attributable to de- emphasizing traditional voice-centric telephone systems and ACD platforms, and focusing on intelligent IP end-points, which include voice, as well as access control and network based paging solutions. This positions the corporation well in both the growing intelligent building and VoIP markets. In connection with this new direction, the company is leveraging technical resources from eOn Systems to identify and deliver products suitable for Cortelco’s well established, nation-wide network of distributors. Cortelco distributors in turn sell to businesses, government agencies, schools, healthcare and other institutions. eOn Systems pre-tax losses over the past three years total $4,106,000. Cortelco’s pre-tax earnings over the past three fiscal years total $3,780,000.

Cortelco Systems Puerto Rico

Cortelco Systems Puerto Rico (“CSPR”) became a majority-owned subsidiary of the Company on June 9, 2010 upon purchase of additional shares of their outstanding stock. CSPR focuses on technology integration solutions encompassing collaboration as well as data center efficiencies, network security and compliance. CSPR’s other activities include IT consulting, disaster recovery, business continuity and private cloud computing solutions. CSPR’s strategic partners include Cisco, McAffee, VMware, NetApp, Checkpoint, Mitel and Avaya. CSPR delivers solutions through its direct sales and highly trained technicians. CSPR’s pre-tax earnings over the past three fiscal years total $715,000.

Cortelco Brand

In conjunction with the above described focus, and increasing synergies among its business units, the Company intends, subject to stockholder approval, to change its corporate name from eOn Communications to Cortelco.


Mr. David Lee, Chairman of eOn’s Board of Directors noted, “Recent positive results underscores our commitment to growth, profitability and increased stockholder value. The corporation’s new focus puts us in a good position to maximize the opportunities in front of us.”

About eOn Communications

eOn Communications Corporation™ is a global provider of innovative communications solutions. With over 20 years expertise, our solutions use advanced technologies to deliver solutions that enable our customers to communicate more effectively. To find out more information about eOn Communications and its solutions, visit the World Wide Web at www.eoncommunications.com, or call 800-955-5321.

Note:

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties, including technical and competitive factors, which could cause the Company’s results and the timing of certain events to differ materially from those discussed in the forward-looking statements. Such risks are detailed in eOn Communications Corporation’s most recent Form 10-Q filing with the Securities and Exchange Commission.

eOn Communications Corporation, the mark eOn, and eQueue are trademarks of eOn Communications Corporation.

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