-----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, TcCCwU+nZra5Wke1+5sAua0I9XDOjB9DFobutdroV2hcr11/CgA3JF3U3D9bx9Oa w4yzxs7hvwArAu8wnNVY0w== 0000026987-03-000009.txt : 20030611 0000026987-03-000009.hdr.sgml : 20030611 20030610174449 ACCESSION NUMBER: 0000026987-03-000009 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030610 ITEM INFORMATION: Other events FILED AS OF DATE: 20030611 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SMTEK INTERNATIONAL INC CENTRAL INDEX KEY: 0000026987 STANDARD INDUSTRIAL CLASSIFICATION: PRINTED CIRCUIT BOARDS [3672] IRS NUMBER: 330213512 STATE OF INCORPORATION: DE FISCAL YEAR END: 0702 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08101 FILM NUMBER: 03739644 BUSINESS ADDRESS: STREET 1: 200 SCIENCE DRIVE CITY: MOORPARK STATE: CA ZIP: 93021 BUSINESS PHONE: 8055322800 MAIL ADDRESS: STREET 1: 200 SCIENCE DRIVE CITY: MOORPARK STATE: CA ZIP: 93021 FORMER COMPANY: FORMER CONFORMED NAME: DDL ELECTRONICS INC DATE OF NAME CHANGE: 19940119 FORMER COMPANY: FORMER CONFORMED NAME: DATA DESIGN LABORATORIES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: DATA DESIGN LABORATORIES DATE OF NAME CHANGE: 19880817 8-K 1 eightkdirectors.txt 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): June 10, 2003 SMTEK INTERNATIONAL, INC. (Exact Name of Registrant as Specified in Charter) Delaware (State or Other Jurisdiction of Incorporation) 1-08101 (Commission File Number) 33-0213512 (IRS Employer Identification No.) 200 Science Drive Moorpark, California 93021 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (805) 532-2800 Not Applicable (Former Name or Former Address, if Changed Since Last Report) Item 5. Other Events and Required FD Disclosure. On June 10, 2003, SMTEK International, Inc. issued a press release announcing the appointment of Edward Smith and Robert Howard to SMTEK's Board of Directors to fill the vacancies created by the resignations of Oscar "Bud" Marx and Clay Biddinger. A copy of SMTEK's press release is filed as Exhibit 99.1 hereto and is incorporated herein. Item 7. Financial Statements and Exhibits. (c) Exhibits: The following exhibits are filed with this report on Form 8-K: Exhibit Number Description of Exhibit 99.1 Press release, dated June 10, 2003. SIGNATURES 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: June 10, 2003 SMTEK INTERNATIONAL, INC. By: /s/ Kirk A. Waldron Name: Kirk A. Waldron Its: Senior Vice President Chief Financial Officer EXHIBIT INDEX Exhibit Number Description 99.1 Press release, dated June 10, 2003. EX-99 3 boardpress.txt EXHIBIT 99.1 FOR IMMEDIATE RELEASE CONTACT: SMTEK INTERNATIONAL, INC. Kirk A. Waldron, CFO (805) 532-2800, ext. 111 SMTEK INTERNATIONAL, INC. ANNOUNCES APPOINTMENT OF TWO NEW BOARD MEMBERS TO FILL VACANCIES MOORPARK, Calif. (June 10, 2003) - SMTEK International, Inc. (Nasdaq: SMTI / Pacific Exchange: SMK), a provider of electronics manufacturing services, today announced the appointment of Edward Smith and Robert Howard to the Board of Directors of SMTEK to fill the vacancies created by the resignations of board members Oscar "Bud" Marx and Clay Biddinger, who resigned to pursue other interests. Mr. Smith is President and Chief Executive Officer of SMTEK. Mr. Smith joined SMTEK in January 2002 as Vice President, Business Development and he became President and Chief Executive Officer in May 2002. Before joining SMTEK, Mr. Smith held the position of senior sales executive with Avnet, Inc., a leading supplier of electronic components from 1994 through January 2002. In addition, he has over twenty years experience in various managerial roles in the electronics sales and distribution industry. Mr. Howard is President and Chief Executive Officer of TMW Enterprises, Inc., a private equity investment company with primary investments in real estate, marketable securities, and several manufacturing businesses including electronic manufacturing services. Prior to joining TMW Enterprises in April 2001, Mr. Howard served as CFO of Electronic Products Integration Corporation (EPIC), a privately held contract manufacturer serving the EMS industry. In addition, he has over twenty years of broad-based experience in manufacturing and the financial services industry. Mr. Howard currently serves as a director in nearly all of TMW Enterprise's affiliated companies, and serves as Chairman of the Board for EPIC. "I have a tremendous amount of confidence in the current board and management group to continue to strategically and tactically steer SMTEK through its turnaround," said Bud Marx. "I know Mr. Biddinger joins me in stating how proud we are of the opportunity to have been a part of the growing momentum that the new management group has generated, and we look forward to their continued progress." "We appreciate the many years of valuable service that Bud and Clay have provided to SMTEK and wish them well in their future endeavors," said Jim Burgess, chairman of SMTEK. "I realize the amount of time and effort it takes to be an active board member and both of these fine gentlemen certainly have put forth their fair share." He further commented, "The board believes Mr. Smith is making a valuable contribution as Chief Executive Officer with the progress of the turnaround to date, and we expect similar contributions as a board member. Additionally, Mr. Howard brings to the board an impressive financial and electronics background. Both have a wealth of knowledge and understanding of our industry and are valuable additions to our board." * * * * * Headquartered in Moorpark, California, SMTEK International, Inc. is an EMS provider serving original equipment manufacturers (OEMs) in the industrial instrumentation, medical, telecommunications, security, financial services automation, aerospace and defense industries. We provide integrated solutions to OEMs across the entire product life cycle, from design to manufacturing to end-of-life services, for the worldwide low to medium volume, high complexity segment of the EMS industry. We have five operating facilities with locations in Moorpark, California; Santa Clara, California; Marlborough, Massachusetts; Fort Lauderdale, Florida; and the Ayuttya Province in Thailand. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbor provisions created by those sections. You can identify these statements by the fact that they use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words of similar meaning in connection with any discussion of future operating or financial performance. Any forward- looking statements are only predictions and may differ materially from actual future events or results. Readers are cautioned that forward- looking statements regarding future events and the future performance of SMTEK International, Inc. involve various risks and uncertainties that could cause actual results to differ materially from those described in these statements. Readers are referred to the documents filed by SMTEK International, Inc. with the SEC, including our most recent Reports on Forms 10-K, 10-Q and 8-K, each as it may be amended from time to time, for a more complete description of important risk factors and other information with respect to risks and uncertainties relating to the materials in this press release, as well as to other aspects of our business and financial condition. We do not undertake, and specifically disclaim, any obligation to update forward-looking statements. -----END PRIVACY-ENHANCED MESSAGE-----