-----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, NVc5iu99mioya4cq0sQAZAYJXG4U+y9W7r2cgJmnloPligbNKeCtq3AjG78CgkH2 g5GFf+8BYAe/lxXCRKp/4Q== 0001019687-03-000809.txt : 20030423 0001019687-03-000809.hdr.sgml : 20030423 20030423170559 ACCESSION NUMBER: 0001019687-03-000809 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030423 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030423 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMISTAR CORP CENTRAL INDEX KEY: 0000741559 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559] IRS NUMBER: 952747332 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13403 FILM NUMBER: 03660569 BUSINESS ADDRESS: STREET 1: 237 VIA VERA CRUZ CITY: SAN MARCOS STATE: CA ZIP: 92069 BUSINESS PHONE: 6194713967 MAIL ADDRESS: STREET 1: 237 VIA VERA CRUZ CITY: SAN MARCOS STATE: CA ZIP: 92069 8-K 1 amistar_8k-042303.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURTIES AND EXCHANGE ACT OF 1934 Date of Report: April 23, 2003 Date of earliest event reported: April 23, 2003 - -------------------------------------------------------------------------------- AMISTAR CORPORATION (Exact name of registrant as specified in its Charter) - -------------------------------------------------------------------------------- CALIFORNIA 0-13403 95-2747332 (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) file number) Identification No.) 237 VIA VERA CRUZ SAN MARCOS, CA92069-2698 (Address of principal executive offices) AREA CODE (760) 471-1700 (Registrant's telephone number, including area code) 1 ITEM 7 (c). EXHIBITS Exhibit 99-Press Release of Amistar Corporation dated April 23, 2003, reporting Amistar's financial results for the first quarter 2003. ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION On April 23, 2003, Amistar Corporation issued a press release announcing its financial results for the first quarter of 2003. A copy of the press release is furnished as Exhibit 99 to this report and is incorporated herein by reference. SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: April 23, 2003 Amistar Corporation By: /s/ Gregory D. Leiser ---------------------- Gregory D. Leiser Vice President Finance and Chief Financial Officer 2 EX-99 3 amistar_8kex-99.txt Exhibit 99-Press Release of Amistar Corporation dated April 23, 2003, reporting Amistar's financial results for the first quarter 2003. AMISTAR REPORTS FIRST QUARTER 2003 FINANCIAL RESULTS SAN MARCOS, CALIFORNIA, April 23, 2003 (PR NEWSWIRE) -- Amistar Corporation (NASDAQ\SC-AMTA) today reported sales and results for the three months ended March 31, 2003. Net sales for the three months ended March 31, 2003 were $2,769,000 compared to $2,641,000 for the comparable quarter in 2002. There was a net loss for the three months ended March 31, 2003 of $146,000 or $0.05 per share compared to a net loss of $102,000 or $0.03 per share in the first quarter of 2002. The loss for the prior year quarter ended March 31, 2002 included a $400,000 income tax carry-back refund benefit. The loss before income taxes for the three months ended March 31, 2003 was $145,000 compared to a net loss of $500,000 for the first quarter of 2002. During the quarter ended March 31, 2003, the Company narrowed its loss before income taxes compared to the previous quarters in 2002 primarily due to an increase in DataPlace label placement machine and custom factory automation equipment sales, the effects of cost cutting in prior quarters, and due to increased manufacturing efficiencies in the Amistar Manufacturing Services division. Condensed Statements of Operations Three Months Ended March 31, 2003 2002 ------------ ------------ Net Sales $ 2,769,000 $ 2,641,000 Cost of Sales 2,231,000 2,481,000 ------------ ------------ Gross Profit 538,000 160,000 Operating Expenses 680,000 668,000 ------------ ------------ Operating Loss (142,000) (508,000) Other Income (Expense) (3,000) 8,000 ------------ ------------ Loss Before Income Taxes (145,000) (500,000) Income Tax Expense (Benefit) 1,000 (398,000) ------------ ------------ Net Loss $ (146,000) $ (102,000) ============ ============ Earnings (Loss) Per Share- Basic and Diluted $ (0.05) $ (0.03) ============ ============ Shares Used In Per Share Calculation- Basic and Diluted 3,082,878 3,139,750 ============ ============ Statements contained in this release, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are subject to risks and uncertainties such as those described in the Company's Annual Report on Form 10-K for the year ended December 31, 2002. Actual results may differ materially from anticipated results. Contact: Gregory Leiser 760 471-1700 GREGL@amistar.com - ----------------- -----END PRIVACY-ENHANCED MESSAGE-----