-----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, RYA4/4q84CnjeTr7CnB5DOd0GI3uTSXraM51z0by/e5PRJE5U5ZJt4Wown6KFoTN UWCdR81bLFxthwOLU8Cgpw== 0001144204-04-001378.txt : 20040213 0001144204-04-001378.hdr.sgml : 20040213 20040212215028 ACCESSION NUMBER: 0001144204-04-001378 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040211 ITEM INFORMATION: ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NUTECH DIGITAL INC CENTRAL INDEX KEY: 0001144347 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-VIDEO TAPE RENTAL [7841] IRS NUMBER: 954642831 STATE OF INCORPORATION: CA FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50021 FILM NUMBER: 04594433 BUSINESS ADDRESS: STREET 1: 7900 GLORIA AVE CITY: VAN NUYS STATE: CA ZIP: 91406 BUSINESS PHONE: 8189943831X12 MAIL ADDRESS: STREET 1: 7900 GLORIA AVE CITY: VAN NUYS STATE: CA ZIP: 91406 8-K 1 form8k.txt 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): February 11, 2004 NuTECH DIGITAL, INC. (Exact name of Registrant as specified in charter) California 000-50021 95-4642831 - ---------------------------- ---------------------- ---------------------- (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification Number) 7900 Gloria Avenue Van Nuys, California 91406 (Address of principal executive offices) Registrant's telephone number, including area code: (818) 994-3831 This Form 8-K and other reports filed by the Registrant from time to time with the Securities and Exchange Commission (collectively the "Filings") contain forward looking statements and information that are based upon beliefs of, and information currently available to, the Registrant's management as well as estimates and assumptions made by the Registrant's management. When used in the Filings the words "anticipate", "believe", "estimate", "expect", "future", "intend", "plan" or the negative of these terms and similar expressions as they relate to the Registrant or the Registrant's management identify forward looking statements. Such statements reflect the current view of the Registrant with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to the Registrant's industry, operations and results of operations and any businesses that may be acquired by the Registrant. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned. Item 12. Results of Operations and Financial Condition. On February 11, 2004, the Registrant announced revenues for January 2004. A copy of the press release is attached hereto as an exhibit. Item 7. Financial Statements and Exhibits. Exhibit 99 Press Release 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. NuTECH DIGITAL, INC. By: Lee Kasper ----------------------------------- Lee Kasper, President Dated: February 12, 2004 EX-99 3 ex99.txt Exhibit 99.1 Market News - -------------------------------------------------------------------------------- NTDL NUTECH DIGITAL, INC. - -------------------------------------------------------------------------------- NuTech Reports 33.6% Increase in Revenues for January '04 Over January '03 Key Monthly Metrics Reveal Consistent Top-Line Growth as Company Aggressively Pursues Technological Developments, Market Expansion WEDNESDAY, FEBRUARY 11, 2004 04:00 PM VAN NUYS, Calif., Feb 11, 2004 (BUSINESS WIRE) -- NuTech Digital, Inc. (OTCBB:NTDL), committed to setting the next generation standard for the provision of secured high resolution entertainment content over the Internet, today announced revenues for January 2004 of $323,749, a 33.6% increase over the same period in 2003 which reflected revenues of $249,455. News of significant growth follows several recent announcements regarding the rollout of the Company's revolutionary Digital Rights Management (DRM) platform, a 35-title licensing deal with Wellspring, and the creation of a dedicated Music/Concert division. Key Indicators: -- 33.6% growth in January sales compared to January 2003 -- Recent profitability -- Revenues for Q3 2003 demonstrated a turnaround in earnings of $1.10 million over the comparable period in 2002 -- Earnings per share rose from ($0.08) to $0.02 from Q3 2003 over Q3 2002 -- Technological leadership with proprietary DRM platform -- Aggressive expansion into high-margin music DVD market -- New licensing contracts with key content vendors "NuTech Digital has proven its business strategy with real-world successes measured throughout 2003," stated Lee Kasper, president and CEO at NuTech. "And 2004 looks even more promising. Buoyed by the Company's significant financial successes, our focus has turned toward major expansion into more lucrative markets, relationships and technologies. In addition to launching our music division, NuTech has asserted its technological leadership with its DRM platform that will allow us to stay well ahead of our competition as home entertainment distribution migrates from retail storefronts to secured, rights-managed Internet delivery. With these changes, our ability to leverage relationships with licensees and other vendors has skyrocketed. The net result of NuTech's aggressive growth and positive market traction is enhanced value to our shareholders." About NuTech Digital NuTech Digital is a pioneer in the home entertainment product market, offering original and licensed content via a worldwide network of distributors, retailers and Internet entities. The Company enjoys significant competitive advantage with the recent announcement of its proprietary DRM technology, which enables the secure distribution of high-resolution digital content via the Internet. NuTech's DRM platform allows its feature films, concerts, children's animated films, video games, karaoke software, Japanese animation and late night programming to be accessed via secure downloads, rented through pre-delivered DVDs, and included in online subscription services. The Company also facilitates authoring services to content providers in the entertainment industry. Cautionary Statement This press release contains forward-looking statements that involve risks, uncertainties and assumptions that if they never materialize or prove incorrect, could cause NuTech Digital, Inc.'s results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any projections of earnings, revenue, or other financial items, any statements of the plans, strategies, and objectives of management for future operations, any statements concerning proposed new products, services or developments, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations as of the date of this press release. Actual results may differ materially from those projected because of a number of risks and uncertainties, including those detailed from time to time in NuTech Digital, Inc.'s reports filed with the Securities and Exchange Commission. SOURCE: NuTech Digital, Inc. CONTACT: NuTech Digital, Inc. Joe Giarmo, 818-994-3831, ext. 18 joe@nutechdvd.com -----END PRIVACY-ENHANCED MESSAGE-----