0001260415-11-000036.txt : 20111006
0001260415-11-000036.hdr.sgml : 20111006
20111006102304
ACCESSION NUMBER: 0001260415-11-000036
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20111003
ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION: Financial Statements and Exhibits
FILED AS OF DATE: 20111006
DATE AS OF CHANGE: 20111006
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: DYNASIL CORP OF AMERICA
CENTRAL INDEX KEY: 0000030831
STANDARD INDUSTRIAL CLASSIFICATION: GLASS, GLASSWARE, PRESSED OR BLOWN [3220]
IRS NUMBER: 221734088
STATE OF INCORPORATION: NJ
FISCAL YEAR END: 0930
FILING VALUES:
FORM TYPE: 8-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35011
FILM NUMBER: 111128447
BUSINESS ADDRESS:
STREET 1: 385 COOPER RD
CITY: WEST BERLIN
STATE: NJ
ZIP: 08091
BUSINESS PHONE: 8567674600
MAIL ADDRESS:
STREET 1: 385 COOPER RD
CITY: WEST BERLIN
STATE: NJ
ZIP: 08091
8-K
1
dysl8k100311.txt
DYNASIL CORPORATION OF AMERICA 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): October 3, 2011
------------------
Dynasil Corporation of America
------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 000-27503 22-1734088
----------- ----------- ----------
(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
44 Hunt Street, Watertown, MA 02472
------------------------------------------------------------
(Address of principal executive offices)
(617)- 668-6855
------------------------------------------------------------
(Registrant's telephone number, including area code)
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.
On October 3, 2011, Dynasil Corporation of America issued a
news release announcing the promotion of Kanai S. Shah,
Ph.D., 50, Vice President of Research of the Company's RMD
Research subsidiary (RMD) to President of RMD effective
January 1, 2012. RMD's current President, Gerald Entine,
Ph.D., 68, will transition from his role as President of RMD
in January to the role of President Emeritus of RMD and will
continue as a member of Dynasil's board of directors.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit 99.1 Press release, dated October 3, 2011,
issued by Dynasil Corporation of America
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.
DYNASIL CORPORATION OF AMERICA
Date: October 5, 2011 By: /s/ Steven K. Ruggieri
Name: Steven K. Ruggieri
Title: President
EXHIBIT INDEX
Exhibit 99.1 Press release, dated October 3, 2011, issued
by Dynasil Corporation of America.
EX-99
2
dysl8kex99-100311.txt
PRESS RELEASE
[Logo]
Dynasil
Contacts:
Patty Kehe
Dynasil Corporation of America
Phone: 617.668.6855
Email: pkehe@dynasilcorp.com
David Calusdian
Executive Vice President and Partner
Sharon Merrill
617.542.5300
DYSL@InvestorRelations.com
Dynasil Announces Promotion of Dr. Kanai S. Shah to Lead
RMD, Inc. Subsidiary Starting in January, 2012
Watertown, Mass., October 3, 2011 - Dynasil Corporation of
America (NASDAQ: DYSL) and Gerald Entine, Ph.D., Founder and
President of the Company's wholly owned subsidiary,
Radiation Monitoring Devices, Inc. (RMD), announced the
promotion of Kanai S. Shah, Ph.D., RMD's Vice President of
Research and the leader of the Material Science Group, to
President of RMD, Inc. effective January 1, 2012. Dr.
Entine, 68, will continue as a member of Dynasil's board of
directors and beginning in January will assume the role of
President Emeritus of RMD.
Stated Dr. Entine, "What could be more rewarding than
watching your long-time friend and collaborator take over the
institution you created. I am most pleased that Kanai has
accepted this challenge and look forward to watching RMD
continue to prosper under his leadership."
Dr. Shah, 50, joined RMD in 1985 as a Staff Scientist.
Initially he was involved in a program aimed at stabilizing
low energy X-ray detectors for NASA, and then managed a
variety of research projects focused on semiconductor and
scintillator detectors. He worked briefly for Canberra
Industries in the early 1990s, investigating high-purity
germanium gamma-ray detectors and high resolution, low noise
silicon X-ray detectors. He rejoined RMD as a Senior
Scientist in 1993, advancing to Director of Research in 2002
and Vice President of Research in 2009. He has been
responsible for new semiconductor and scintillator
development at RMD for more than 10 years and is widely
regarded as a leading expert in this field.
Dr. Shah received a bachelor's degree in Chemical Engineering
from India's Gujarat University in 1983, a master's degree in
Chemical Engineering from the University of Lowell (now the
University of Massachusetts Lowell) in 1987 and a Ph.D. in
Applied Physics from the Delft University of Technology in
2010. His doctoral research focused on investigation of new
scintillator and photodetection technologies for use in
medical imaging, particularly positron emission tomography.
Dr. Shah has been awarded five U.S. patents and has authored
more than 80 technical papers. In 2007, he received a
performance award from the Department of Homeland Security's
Domestic Nuclear Detection Office.
"Kanai combines the scientific knowledge and customer
engagement and management skills that will be essential in
developing new technologies, commercializing new products and
expanding our business development initiatives to additional
government agencies and institutions. There is simply no one
better or more qualified to lead RMD into the future," said
Dynasil President Steven Ruggieri.
"Since founding RMD in 1974, Dr. Entine has guided the
business to operational success through a commitment to
developing innovative products and technologies for
specialized applications, including radiation detection and
nuclear instrumentation," said Dynasil Chairman Peter Sulick.
"In the three years since RMD became the Research Division of
Dynasil, under his leadership, the division's annual revenues
and profits have increased significantly, it has transferred
a new neutron detector technology to the recently acquired
Hilger Crystal division, it has earned the 2011 Department of
Homeland Security Small Business Achievement Award and it has
been issued thirteen new patents. His role as President
Emeritus will afford him an opportunity to enjoy some well-
deserved time off while still assisting in selected
scientific projects. Additionally, Dr. Entine will continue
as a director of Dynasil Corporation of America."
About Dynasil
Dynasil Corporation of America (NASDAQ: DYSL) develops and
manufactures detection and analysis technology, precision
instruments and optical components for the homeland security,
industrial and biomedical markets. Combining world-class
technology with expertise in research and materials science,
Dynasil is commercializing products including dual-mode
radiation detection solutions for Homeland Security and
commercial applications, probes for medical imaging and
sensors for non-destructive testing. Through its Dynasil
Biomedical unit, the Company is developing early stage
opportunities for the biomedical technology area. Dynasil
has an impressive and growing portfolio of issued and pending
U.S. patents. The Company is based in Watertown,
Massachusetts, with additional operations in Mass., Minn.,
NY, NJ and the United Kingdom. More information about the
Company is available at www.dynasilcorp.com.
Safe Harbor
This news release may contain forward-looking statements
pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act. These statements involve a
number of risks and uncertainties. Future results of
operations, projections, and expectations, which may relate
to this release, involve certain risks and uncertainties that
could cause actual results to differ materially from the
forward-looking statements. Factors that would cause or
contribute to such differences include, but are not limited
to, the factors detailed in the Company's Annual Report on
Form 10-K, Quarterly Reports on Form 10-Q, as well as in the
Company's other Securities and Exchange Commission filings.