0001104659-15-019548.txt : 20150313 0001104659-15-019548.hdr.sgml : 20150313 20150313151325 ACCESSION NUMBER: 0001104659-15-019548 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20150311 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: 20150313 DATE AS OF CHANGE: 20150313 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: 15699067 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 a15-6778_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):  March 11, 2015

 

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 5.02 Departure of Directors or Principal Offiers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

 

On March 11, 2015, the board of directors of Nortech Systems Incorporated (the “Company”) elected Kathleen Iverson to fill a vacancy on the board of directors, effective March 11, 2015.  A copy of the announcement is being furnished as Exhibit 99 hereto.

 

Item 9.01 Exhibits

 

Exhibit 99 — announcement dated March 13, 2015.

 

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: March 13, 2015

 

 

Nortech Systems Incorporated

 

            (Registrant)

 

 

 

/s/ Richard G. Wasielewski

 

Richard G. Wasielewski, CEO

 

2


 

EX-99 2 a15-6778_1ex99.htm EX-99

Exhibit 99

GRAPHIC

 

 

Contact:

Warren Djerf

 

 

Brookside Communications Group

 

 

(952) 920-3908 or warren@brookcomm.net

 

Kathleen Iverson Joins Nortech Systems’ Board of Directors

 

MINNEAPOLIS — March 13, 2015 — Nortech Systems, Inc. (Nasdaq: NSYS) announced today that Kathleen (“Kitty”) Iverson has joined its Board of Directors.

 

Since October 2014 she has served as CEO (Consulting) of Black Hills IP, a provider of IP, paralegal and trademark services. Iverson currently serves on the Board of Directors of MOCON Inc., which develops, manufactures and markets measurement, analytical and monitoring products for barrier packaging, food and pharmaceutical markets. She previously served on the Board of Directors of Speed Commerce, Inc., a provider of end-to-end e-commerce services, from 2008 until 2014.

 

Earlier, Iverson held a variety of positions with CyberOptics Corporation, a designer and manufacturer of optical process control sensors and measurement inspection systems used in the electronic assembly and semiconductor industries. She served as President and CEO from January 2003 until her retirement from CyberOptics in January 2014. Iverson was a Director from May 1998 through January 2014; she was Chairman of the Board from August 2009 through January 2014.

 

“We’re pleased to welcome Kitty and enthusiastic about the strengths she offers our Board,” said Rich Wasielewski, president and CEO of Nortech Systems. “She’s demonstrated solid leadership, strategic thinking and business acumen throughout her distinguished career.”

 

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, aerospace/defense and medical. 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.

 



 

Forward-Looking Statements

 

This press release contains forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995.  While this release is based on management’s best judgment and current expectations, actual results may differ and involve a number of risks and uncertainties.  Important factors that could cause actual results to differ materially from the forward-looking statements include, without limitation: volatility in market conditions which may affect market supply of and demand for the company’s products; increased competition; changes in the reliability and efficiency of operating facilities or those of third parties; risks related to availability of labor; commodity and energy cost instability; general economic, financial and business conditions that could affect the company’s financial condition and results of operations; as well as risk factors listed from time to time in the company’s filings with the SEC.

 

2


 

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