0001140361-12-005505.txt : 20120206 0001140361-12-005505.hdr.sgml : 20120206 20120206135620 ACCESSION NUMBER: 0001140361-12-005505 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20120131 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: 20120206 DATE AS OF CHANGE: 20120206 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ORBIT INTERNATIONAL CORP CENTRAL INDEX KEY: 0000074818 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 111826363 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-03936 FILM NUMBER: 12572998 BUSINESS ADDRESS: STREET 1: 80 CABOT COURT CITY: HAUPPAUGE STATE: NY ZIP: 11788 BUSINESS PHONE: 7136675601 MAIL ADDRESS: STREET 1: 80 CABOT COURT CITY: HAUPPAUGE STATE: NY ZIP: 11788 FORMER COMPANY: FORMER CONFORMED NAME: ORBIT INSTRUMENT CORP DATE OF NAME CHANGE: 19911015 8-K 1 form8k.htm ORBIT INTERNATIONAL CORPORATION 8-K 1-31-2012 form8k.htm


UNITED STATES
 
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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):  January 31, 2012
 
ORBIT INTERNATIONAL CORP.
(Exact Name of Registrant as Specified in Its Charter)
 
Delaware
(State or Other Jurisdiction of Incorporation or Organization)

0-3936
 
11-1826363
(Commission File Number)
 
(IRS Employer Identification No.)

80 Cabot Court, Hauppauge, New York 11788
(Address of Principal Executive Offices, Including Zip Code)
 
(631) 435-8300
(Registrant’s Telephone Number, Including Area Code)
 
(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
(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 14d-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 Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)         On January 31, 2012, Mark Tublisky informed Orbit International Corp. (the “Company”) of his intention to retire as President of Behlman Electronics, Inc., a wholly-owned subsidiary of the Company, such retirement being effective as of May 4, 2012.  It is anticipated that Mr. Tublisky will remain as Secretary of the Company and will render consulting services from time to time.  Mr. Tublisky had no disagreements with the Company regarding any matter related to the Company’s operations, policies or practices.
 
Item 9.01    Financial Statements and Exhibits.

(d)

Exhibit No.
 
Description
     
 
Press Release issued by Orbit International Corp., dated February 2, 2012

 
2

 

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.
 
  ORBIT INTERNATIONAL CORP.
     
Date:  February 6, 2012
By:
/s/ Mitchell Binder
   
Mitchell Binder, Chief Executive Officer and President
 
 
3

EX-99.1 2 ex99_1.htm EXHIBIT 99.1 ex99_1.htm

Exhibit 99.1
Image
FOR IMMEDIATE RELEASE

CONTACT
or
Investor Relations Counsel
Mitchell Binder
 
Lena Cati, 212-836-9611
President & Chief Executive Officer
Linda Latman, 212-836-9609
631-435-8300
 
The Equity Group Inc.
 
ORBIT INTERNATIONAL ANNOUNCES RETIREMENT OF
PRESIDENT OF ITS POWER GROUP
 
Hauppauge, New York, February 2, 2012 -- Orbit International Corp. (NASDAQ:ORBT) (“Orbit”) today announced that on January 31, 2012, Mark Tublisky informed the Company of his intention to retire as President of Behlman Electronics, Inc., (“Behlman”), a wholly-owned subsidiary of the Company, effective as of May 4, 2012.  Mr. Tublisky will remain Secretary of Orbit International and will render consulting services from time to time. 

Upon Mr. Tublisky’s retirement, Ronald Storm, Behlman’s Vice President of Sales and Marketing since 1991, will assume the role of President and Karl Schmidt, Vice President of Operations, will be promoted to Executive Vice President and Chief Operating Officer of Behlman.  Mr. Schmidt has been with Behlman since 1985.

Mitchell Binder, President and CEO of Orbit commented, “Mark Tublisky has played an instrumental role in the development of our Power Group since its acquisition in 1996 and has also done an excellent job of transitioning his responsibilities to Ronald Storm and Karl Schmidt over the past several months.   Ron and Karl have had long and successful careers at our Power Group which recently announced record sales and bookings in 2011. They are also driving the continuation of this strong business activity into 2012.  With over 46 years of experience with Behlman between these two senior executives, I am confident that Mark will leave our Power Group in very capable hands.”

Orbit International Corp. is involved in the manufacture of customized electronic components and subsystems for military and nonmilitary government applications through its production facilities in Hauppauge, New York, and Quakertown, Pennsylvania; and designs and manufactures combat systems and gun weapons systems, provides system integration and integrated logistics support and documentation control at its facilities in Louisville, Kentucky.  Its Behlman Electronics, Inc. subsidiary manufactures and sells high quality commercial power units, AC power sources, frequency converters, uninterruptible power supplies and COTS power solutions.
 
 
 

 
 
Orbit International News Release
Page 2
February 2, 2012
 
 
Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company including, statements regarding our expectations of Orbit’s operating plans, deliveries under contracts and strategies generally; statements regarding our expectations of the performance of our business; expectations regarding costs and revenues, future operating results, additional orders, future business opportunities and continued growth, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws.  Although Orbit believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved.

Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected.  Many of these factors are beyond Orbit International's ability to control or predict.  Important factors that may cause actual results to differ materially and that could impact Orbit International and the statements contained in this news release can be found in Orbit's filings with the Securities and Exchange Commission including quarterly reports on Form 10-Q, current reports on Form 8-K, annual reports on Form 10-K and its other periodic reports.  For forward-looking statements in this news release, Orbit claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.  Orbit assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.
 
 

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