-----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, MIJUvdnwGVJFDyfdDk9rEGAm6b6eSFns0WPDgsdLqinBy//rxJMlbTxigXKJ8u+J 1QJo4FByQY0f+eEGCkNI3Q== 0000950147-03-000464.txt : 20030407 0000950147-03-000464.hdr.sgml : 20030407 20030407165346 ACCESSION NUMBER: 0000950147-03-000464 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030404 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030407 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTER TEL INC CENTRAL INDEX KEY: 0000350066 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 860220994 STATE OF INCORPORATION: AZ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-10211 FILM NUMBER: 03641730 BUSINESS ADDRESS: STREET 1: 1615 S. 52ND STREET STREET 2: . CITY: TEMPE STATE: AZ ZIP: 85281 BUSINESS PHONE: 480-449-8900 MAIL ADDRESS: STREET 1: 1615 S. 52ND STREET STREET 2: . CITY: TEMPE STATE: AZ ZIP: 85281 8-K 1 e-9839.txt CURRENT REPORT DATED 4-4-03 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 7, 2003 INTER-TEL, INCORPORATED (EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER) COMMISSION FILE NUMBER 0-10211 ARIZONA 86-0220994 (STATE OR OTHER JURISDICTION I.R.S. EMPLOYER OF INCORPORATION) IDENTIFICATION NUMBER 1615 S. 52ND STREET TEMPE, ARIZONA 85281 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) Registrant's telephone number, including area code: (480) 449-8900 ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS Exhibit Number ------ 99.1 Press release dated April 7, 2003 announcing anticipated net sales and earnings per share results for, and anticipated cash and short-term investment levels as of, the fiscal quarter ended March 31, 2003. ITEM 9. REGULATION FD DISCLOSURE The following information required to be disclosed pursuant to Item 12 - "Disclosure of Results of Operations and Financial Condition" is being furnished under Item 9 - "Regulation FD Disclosure" in accordance with the Securities and Exchange Commission's Final Rule Release No. 33-8216: On April 7, 2003, Inter-Tel, Incorporated (the "Company") issued a press release announcing anticipated net sales and earnings per share results for, and anticipated cash and short-tem investment levels as of, the fiscal quarter ended March 31, 2003. The full text of this press release is set forth in Exhibit 99.1 hereto. Pursuant to General Instruction B.6 of Form 8-K, this exhibit is not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, but is instead furnished as required by that instruction. 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. INTER-TEL, INCORPORATED Dated: April 7, 2003 By: /s/ Kurt R. Kneip ------------------------------------ Kurt R. Kneip Chief Financial Officer EXHIBIT INDEX Exhibit Number ------ 99.1 Press release dated April 7, 2003 announcing anticipated net sales and earnings per share results for, and anticipated cash and short-term investment levels as of, the fiscal quarter ended March 31, 2003. EX-99.1 3 ex991.txt PRESS RELEASE DATED 4-4-03 Exhibit 99.1 [INTER-TEL LOGO] NEWS RELEASE 1615 SOUTH 52ND STREET, TEMPE, ARIZONA 85281 (480) 449-8900 FAX (480) 449-8929 FOR RELEASE April 7, 2003 RELEASE NUMBER INTL 03-07 CONTACT Steven G. Mihaylo, Chairman, President and CEO (775) 954-1211 Norman Stout, Executive Vice President and CAO (480) 449-8900 Craig W. Rauchle, Executive Vice President and COO (949) 465-8000 Kurt R. Kneip, Sr. Vice President and CFO (480) 449-8900
INTER-TEL ANNOUNCES PRELIMINARY FIRST QUARTER RESULTS TEMPE, ARIZONA . . . APRIL 7, 2003 . . . INTER-TEL, INCORPORATED (NASDAQ: INTL) today announced current estimated sales and earnings per share results for the first quarter ended March 31, 2003. Based on preliminary information, the Company estimates net sales for the first quarter of 2003 to be in the range of $83 million to $85 million, and earnings per share to be in the range of $0.15 to $0.19. We experienced lower than expected sales in the second half of the quarter ending March 31, 2003, and as a result these estimates are lower than our previous estimates. Also, the Company estimates that it ended the first quarter of 2003 with a balance of approximately $131 million in cash and short-term investments, an increase of approximately $5 from December 31, 2002. Inter-Tel noted that the preliminary earnings per share estimates reflect lower net sales primarily as a result of weak economic conditions, uncertainties associated with the war in Iraq and threatened terrorist attacks, the impact of adverse weather conditions, increased competitive pressures and delayed buying decisions by its customers. Inter-Tel will hold a conference call to discuss these estimated results, which is scheduled for April 8, 2003 at 9:00 a.m. (ET) via the Internet at http://www.inter-tel.com. Select "News & Events" from the top navigation bar on the website. A link to the web cast will be displayed within the "News & Events" section of the website. A replay of the conference call will be available on the Internet until April 8, 2004 at 11:59 p.m. (ET). Inter-Tel expects to announce its final financial results for the quarter ended March 31, 2003 on April 21, 2003, at which time more complete commentary on the fiscal quarter will be provided. ABOUT INTER-TEL, INCORPORATED Inter-Tel (NASDAQ: INTL) is a single point of contact, full-service provider of business communications and voice mail systems. We market and sell voice processing and unified messaging software, call accounting software, Internet Protocol (IP) telephony software, computer-telephone integration applications, long distance calling services, and other communications services. Our products and services include the AXXESS by Inter-Tel and ECLIPSE(2) by Inter-Tel business communication platforms, with integrated voice processing and unified messaging systems, IP Telephony voice and data routers, and ClearConnect Talk-to-Agent e-commerce software. We also provide maintenance, leasing and support services for our products. More information is available at http://www.inter-tel.com. This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding the net sales and earnings per share results Inter-Tel expects for the first quarter of 2003 and the cash and short-term investment balances that Inter-Tel expects as of March 31, 2003. Such statements are based on current assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from our current expectations. These risks and uncertainties include, but are not necessarily limited to the risk that Inter-Tel's actual results may be different from the preliminary results depending on the final determination of net sales, gross margins and operating expenses, and as a result of the quarterly review by the Company's independent accountants. For a further list and description of such risks and uncertainties, please see the Company's previously filed SEC reports, including the Company's Form 10-K, dated March 21, 2003. Inter-Tel disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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