-----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, Bx/twwbpdTk8QZ2uhE3dmZs5HoeYJYrXcyyc5n99wuggU8u0UvPlg0b1xa0Uqajr NJHXIJJOmUPmKBJkffqYww== 0001104659-09-048569.txt : 20090810 0001104659-09-048569.hdr.sgml : 20090810 20090810152647 ACCESSION NUMBER: 0001104659-09-048569 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20090806 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090810 DATE AS OF CHANGE: 20090810 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORTECH SYSTEMS INC CENTRAL INDEX KEY: 0000722313 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 411681094 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13257 FILM NUMBER: 09999492 BUSINESS ADDRESS: STREET 1: 1120 WAYZATA BLVD EAST STREET 2: SUITE 201 CITY: WAYZATA STATE: MN ZIP: 55391 BUSINESS PHONE: 9523452277 MAIL ADDRESS: STREET 1: 1120 WAYZATA BLVD EAST CITY: WAYZATA STATE: MN ZIP: 55391 FORMER COMPANY: FORMER CONFORMED NAME: DSC NORTECH INC DATE OF NAME CHANGE: 19901217 FORMER COMPANY: FORMER CONFORMED NAME: DIGIGRAPHIC SYSTEMS CORP DATE OF NAME CHANGE: 19881113 8-K 1 a09-22181_18k.htm 8-K

 

 

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):  August 6, 2009

 

NORTECH SYSTEMS INCORPORATED

(Exact name of registrant as specified in charter)

 

Minnesota

 

0-13257

 

41-16810894

(State or other jurisdiction

 

(Commission

 

IRS Employer

of incorporation)

 

File Number)

 

Identification No.)

 

1120 Wayzata Boulevard East, Suite 201

Wayzata, MN 55391

(Address of principal executive offices)

 

(952) 345-2244

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed from 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 (see General Instruction A.2. below):

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o  Pre-commencement communications pursuant to Rule 14-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))

 

 

 



 

Item 1.01                     Entry into a Material Definitive Agreement.

 

(a)          On August 6, 2009, the Registrant entered into a second amended and restated credit agreement with Wells Fargo Bank, National Association (“Wells Fargo”), which provides a $12 million line of credit through June 30, 2010, and a real estate term note maturing on May 31, 2012.

 

Item 9.01                     Financial Statements and Exhibits.

 

Exhibit No.

 

Description

 

 

 

99

 

News Release dated August 10, 2009

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: August 10, 2009

 

 

Nortech Systems Incorporated

 

(Registrant)

 

 

 

/s/ Bert M. Gross

 

Bert M. Gross, Secretary

 


EX-99 2 a09-22181_1ex99.htm EX-99

Exhibit 99

 

 

Contact:

 

Richard Wasielewski

 

 

Nortech Systems Incorporated

 

 

(952) 345-2244

 

 

or

 

 

Warren Djerf

 

 

Brookside Communications Group

 

 

952-920-3908 or warren@brookcomm.net

 

Nortech Systems Completes New Financing Agreement

 

MINNEAPOLIS – Aug. 10, 2009 – Nortech Systems Incorporated (NASDAQ: NSYS) announces it has entered into a new financing agreement with Wells Fargo Bank, N.A.

 

On Aug. 6, 2009, Nortech Systems signed a second amended and restated credit agreement with Wells Fargo Bank, which provides a $12 million line of credit through June 30, 2010, and a new real estate term note maturing on May 31, 2012.

 

“This agreement aligns our financing more closely with our business environment and current financial position,” said Richard Wasielewski, chief financial officer of Nortech Systems.  “We believe it’s a major step in adjusting to the current economic environment and customer demand.”

 

Nortech Systems will report its second quarter results on Aug. 12, with a conference call on Aug. 13.  For more information about the conference call, please visit the company’s website.

 

About Nortech Systems, Incorporated

Nortech Systems Incorporated (www.nortechsys.com), based in Wayzata, Minn., is a full-service electronics manufacturing services (EMS) provider of wire and cable assemblies, printed circuit board assemblies, and higher-level complete box build assemblies for a wide range of industries.  Markets served include industrial equipment, military/defense, medical and transportation.
The company has manufacturing capabilities and operating partners in the U.S., Asia and Latin America.  Nortech Systems Incorporated is traded on the NASDAQ Stock Market under the symbol NSYS.

 


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