-----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, EXUMFjOCNq2YW7QiP1QgHPRyUVGLFXOI971veicqEN0cQdqMlABYSNFVQZFrrYc0 UWkdE5VBE7NFVkO39wYDpQ== 0000921895-04-000546.txt : 20040423 0000921895-04-000546.hdr.sgml : 20040423 20040423164331 ACCESSION NUMBER: 0000921895-04-000546 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040422 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040423 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEL GLOBAL TECHNOLOGIES CORP CENTRAL INDEX KEY: 0000027748 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 131784308 STATE OF INCORPORATION: NY FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-03319 FILM NUMBER: 04751546 BUSINESS ADDRESS: STREET 1: 1 COMMERCE PARK CITY: VALHALLA STATE: NY ZIP: 10595 BUSINESS PHONE: 9146863600 MAIL ADDRESS: STREET 1: 1 COMMERCE PARK CITY: VALHALLA STATE: NY ZIP: 10595 FORMER COMPANY: FORMER CONFORMED NAME: DEL ELECTRONICS CORP DATE OF NAME CHANGE: 19920703 8-K 1 form8k05733_04222004.htm 8-K sec document

                                 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) April 22, 2004

                              --------------------

                          DEL GLOBAL TECHNOLOGIES CORP.
                          -----------------------------
               (Exact name of registrant as specified in charter)


         New York                         0-3319                 13-1784308
         --------                         ------                 ----------
(State or other jurisdiction           (Commission             (IRS Employer
     of incorporation)                 File Number)          Identification No.)


                      One Commerce Park, Valhalla, NY           10595
                      -----------------------------------------------
               (Address of Principal Executive Offices)       (Zip Code)


        Registrant's telephone number, including area code (914) 686-3600
                                                            -------------

          -------------------------------------------------------------
          (Former name or former address, if changed since last report)





ITEM 5.  OTHER EVENTS

         On April 22, 2004, the  Registrant,  jointly with SourceOne  Healthcare
         Technologies,  Inc.  ("SourceOne"),  announced that Del Medical Systems
         Group, a unit of the  Registrant,  and SourceOne have signed a contract
         giving SourceOne nationwide marketing,  distribution and service rights
         to the  Registrant's  industry-leading  radiography and imaging systems
         product  lines.  For additional  information,  reference is made to the
         press   release   which  is  attached   hereto  as  Exhibit  99.01  and
         incorporated herein by reference.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

         (a) Financial Statements of Business Acquired.

             Not Applicable.

         (b) Pro Forma Financial Information.

             Not Applicable.

         (c) Exhibits.

             99.01 Press Release dated April 22, 2004.





                                   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.



                                          DEL GLOBAL TECHNOLOGIES CORP.
                                          --------------------------------------
                                                     (Registrant)


Date:   April 23, 2004                    By: /S/ Thomas V. Gilboy
                                             -----------------------------------
                                             Thomas V. Gilboy
                                             Chief Financial Officer

                                       3




                                  EXHIBIT INDEX

            Exhibit No.                               Description
            -----------                               -----------

            99.01                             Press Release dated April 22, 2004

                                       4


EX-99 3 ex991to8k_04222004.htm EX-99.1 sec document


                                                                   EXHIBIT 99.01

FOR IMMEDIATE RELEASE
- ---------------------


               SOURCEONE HEALTHCARE TECHNOLOGIES EXPANDS MARKETING
             AND DISTRIBUTION RELATIONSHIP WITH DEL MEDICAL SYSTEMS


     NATIONAL DISTRIBUTION AGREEMENT EXPANDS SOURCEONE'S OFFERING TO INCLUDE
          DEL'S ENTIRE LINE, INCLUDING DIGITAL RADIOGRAPHY (DR) SYSTEMS

(MENTOR, OH and CHICAGO, IL), April 22, 2004 - SourceOne Healthcare
Technologies, Inc., the nation's leading distributor of medical imaging systems,
equipment, radiographic consumable supplies, and services to healthcare
facilities, and Del Medical Systems Group, a unit of Del Global Technologies
Corp, (Stock Symbol: DGTC), today announced both companies have signed a
contract giving SourceOne nationwide marketing, distribution and service rights
to Del's industry leading radiography and imaging systems product lines. The new
agreement also enables SourceOne to offer all of Del's digital radiography (DR)
systems.

     Building on a successful five-year relationship, SourceOne will have the
opportunity to provide its 50,000 customers, including small and large
hospitals, orthopedic centers, specialty clinics and imaging centers, access to
Del's leading medical products. Both companies believe that SourceOne's sales,
service and distribution capabilities complement Del's growth objectives.
Together, the companies believe they can more effectively serve customers of all
types throughout the country through this expanded marketing and distribution
relationship.

     "As our customers continue to make the transition from analog to digital
equipment, SourceOne is well prepared to provide them with a best-in-class line
of solutions from one company with the capacity to meet their specific needs,"
said Jerry C. Cirino, SourceOne's president and CEO. "Our expanded relationship
with Del is the most recent example of the significant strides SourceOne has
made to enhance and diversify its product portfolio."

     Del Global's President and CEO, Walter Schneider, said, "SourceOne is well
recognized for their outstanding sales and service capabilities, from their
national coverage to their response time. We believe that our expanded
relationship with SourceOne will be a mutually beneficial relationship,
including for our customers who depend on us to offer solutions that result in
reduced costs, increased productivity and improved patient care."

     Del's solution offers the latest in technology for digital radiography
imaging. The evolving cost consciousness of healthcare providers requires
diagnostic imaging services to produce high-quality images rapidly, transmit
them broadly, display them in alternate ways, and archive and retrieve them
efficiently. Del's digital radiography systems meet these demands by
streamlining diagnostic imaging sessions and providing effortless viewing,
transmission, and storage capabilities while reducing cost. For more information
on Del Medical and SourceOne go to WWW.DELMEDICAL.COM and
WWW.SOURCEONEHEALTH.COM, respectively.

     ABOUT SOURCEONE HEALTHCARE TECHNOLOGIES

                                       5




     Headquartered in Mentor, Ohio, SourceOne Healthcare Technologies is a
leading provider of imaging equipment, radiographic supplies and services
tailored to healthcare facilities including those transitioning to a digital
imaging environment. Its broad equipment and consumables lines, as well as
nationwide manufacturing, e-logistics, sales professionals and field service
engineers enable customers to turn to SourceOne as the best-in-class, single
source for effective supply chain and medical imaging management. SourceOne is a
privately held company of Platinum Equity, a global acquisitions firm
specializing in the strategic operation of mission-critical companies.

     ABOUT DEL GLOBAL

     Del Global Technologies Corp. is primarily engaged in the design,
manufacture and marketing of cost-effective medical imaging and diagnostic
systems consisting of stationary and portable x-ray systems,
radiographic/fluoroscopic systems, dental imaging systems and proprietary
high-voltage power conversion subsystems for medical and other critical
industrial applications. Statements about future results made in this release
may constitute forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements are based on current
expectations and the current economic environment. Del Global cautions that
these statements are not guarantees of future performance.

     These statements involve a number of risks and uncertainties that are
difficult to predict, including, but not limited to, the ability of Del Global
to implement its business plan; retention of management; changing industry and
competitive conditions; obtaining anticipated operating efficiencies; securing
necessary capital facilities; favorable determinations in various legal and
regulatory matters; the ability of Del Global to meet its obligations under the
agreement in principle with the US Government regarding the proposed settlement
of the DoD matter; the ability of Del Global to avoid a debarment from doing
business with the U.S. Government; and favorable general economic conditions.
Actual results could differ materially from those expressed or implied in the
forward-looking statements. Important assumptions and other important factors
that could cause actual results to differ materially from those in the
forward-looking statements are specified in the Company's filings with the
Securities and Exchange Commission.


                                      # # #

CONTACTS:

SourceOne Healthcare Technologies          FischerHealth for SourceOne
Katie Clark                                Maureen Mazzatenta
(904) 380-6108                             (310) 577-7870 x 103
(904) 910-2893 (cell)                      (949) 697-0242 (cell)
KATIE.CLARK@SOURCEONEHEALTH.COM            MMAZZATENTA@FISCHERHEALTH.COM

Thomas Gilboy                              Walter F. Schneider
Chief Financial Officer                    President and Chief Executive Officer
Del Global Technologies Corp.              Del Global Technologies Corp.
(914) 686-3600                             (914) 686-3600

                                       6
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