-----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, FL5Qv0IIt8zSAiQfUBz617kbF/LKz9Njn7pWkEEI18T4saBB6vCMbz1MOyoVrOiI bfsFzMmbpg9CCsw0rsZaAw== 0001157523-03-002797.txt : 20030708 0001157523-03-002797.hdr.sgml : 20030708 20030707184732 ACCESSION NUMBER: 0001157523-03-002797 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030707 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030708 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VICOR CORP CENTRAL INDEX KEY: 0000751978 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 042742817 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-18277 FILM NUMBER: 03777622 BUSINESS ADDRESS: STREET 1: 25 FRONTAGE ROAD CITY: ANDOVER STATE: MA ZIP: 01810 BUSINESS PHONE: 9784702900 MAIL ADDRESS: STREET 1: 25 FRONTAGE RD CITY: ANDOVER STATE: MA ZIP: 01810 8-K 1 a4428588.txt VICOR CORPORATION 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): July 7, 2003 ------------ VICOR CORPORATION (Exact name of Registrant as specified in charter) Delaware 0-18277 04-2742817 - ------------------- ------------------------ ---------------- (State or other jurisdiction (Commission file number) (IRS employer of incorporation) identification no.) 25 Frontage Road, Andover, Massachusetts 01810 -------------------------------------------------- (Address of principal executive offices) (Zip Code) (978) 470-2900 -------------- (Registrant's telephone number, including area code) N/A --- (Former name, former address and former fiscal year, if changed since last report) Item 7. Exhibits. (c) Exhibits. The following exhibit is being furnished herewith: Exhibit Number Title - ------ ----- 99.1 Vicor Corporation's press release dated July 7, 2003. Item 9. Regulation FD Disclosure The Company is furnishing the information included as Exhibit 99.1 to this report pursuant to Regulation FD. This information is being furnished pursuant to Item 9 of this Current Report on Form 8-K and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section and will not be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference. This report will not be deemed an admission as to the materiality of any information in the report that is required to be disclosed solely by Regulation FD. On July 7, 2003, Vicor Corporation issued a press release regarding the V I Chip. The full text of that press release is attached as Exhibit 99.1 hereto and incorporated by reference herein. [Remainder of page left blank intentionally] 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. VICOR CORPORATION Dated: July 7, 2003 By: /s/ Mark A. Glazer ------------------------------------ Name: Mark A. Glazer Title: Chief Financial Officer 3 EXHIBIT INDEX Exhibit Number Title - ------ ----- 99.1 Vicor Corporation's press release dated July 7, 2003. 4 EX-99 3 a4428588ex99.txt EXHIBIT 99.1 PRESS RELEASE Exhibit 99.1 V-I Chip Delivers up to 80 Amperes at 0.9 to 1.8 Vdc; Isolated POL Converter Sets New Records for Speed, Density and Efficiency ANDOVER, Mass.--(BUSINESS WIRE)--July 7, 2003--Vicor Corporation (NASDAQ:VICR) today has introduced its first V-I Chip Voltage Transformation Module (VTM), the V048K015T80. The VTM breaks records for speed, density and efficiency to meet the demands of advanced DSP, FPGA, ASIC, processor cores and microprocessor applications at the point of load (POL) while providing isolation from input to output. The VTM achieves a response time of less than 1 microsecond and delivers up to 80 A in a volume of less than 0.25 cubic inch while converting 48V to 1.5V with unprecedented efficiency. VTMs may be paralleled to deliver hundreds of Amperes at an output voltage settable from 1.0 to 1.8 Vdc, at no load, and 0.9 to 1.7 Vdc, at full load. The V-I Chip VTM is a key component of the Factorized Power Architecture recently introduced by Vicor. Unlike the Intermediate Bus Architecture, which feeds non-isolated POL converters or VRMs at inefficiently low bus voltages, Factorized Power leverages a voltage, designated Vf, controlled to minimize distribution losses while allowing energy to be densely stored for sudden delivery to or retrieval from the load by isolated VTMs. VTMs have 1 MHz bandwidth and can provide efficient bi-directional power flow with the load, limiting voltage excursions due to instantaneous load surges or dumps. The open loop output resistance, Rout, of the V048K015T80 VTM is approximately 1.3 milliohm and may be used to provide Automatic Voltage Positioning for microprocessor loads. With its small SMD footprint of only 1 square inch, the VTM obsoletes VRM sub-assemblies and connectors, noted for their undesirable series impedance and heat generation. The need for limited-life electrolytic or tantalum capacitors at the POL characteristic of VRMs is also eliminated: the VTM effectively multiplies capacitance present at its input to its output with a gain in excess of 1,000 at up to 1 MHz. The net results are higher performance and savings in material, board space and system cost. The VTM V048K015T80's output is 1.5 Vdc from a nominal 48 Vdc input and is controllable at up to 80 A over the range of 0.9 to 1.8 Vdc with a Vf range of 32-57.6 Vdc. The VTM can be operated either open- or closed-loop depending on the output regulation needs of the application. Operating open-loop, the VTM output tracks its Vf input voltage with a transformation ratio, K=1/32, and an output resistance, Rout=1.3 milliohm, to enable applications requiring a programmable low output voltage at high current and high efficiency. Closing the loop back to an input Pre-Regulation Module (PRM) or DC-DC converter may be used to compensate Rout. The 1.5V VTM achieves break-through current density of 320 A/in3 in a V-I Chip package compatible with standard pick-and-place and surface mount assembly processes. The V-I Chip BGA package supports in-board mounting with a low profile of 0.16 inch (4mm) over the board. A V-I Chip J-leaded package option will support on-board surface mounting with a profile of 0.25 inch (6mm) over the board. The V-I Chip outline dimensions are 1.26 x 0.85 x 0.24 inch (32 x 21.5 x 6 mm). The V-I Chip BGA package provides flexible thermal management through its low Junction-to-Case and Junction-to-BGA thermal resistance. The V-I Chip J-lead package option will provide equivalent thermal management performance with its Junction-to-Board thermal resistance. The VTM's high efficiency, low thermal impedances and safe operating temperature range eliminate the need for a heat sink in typical applications. A 0.25 inch (6mm) pin fin heat sink option is available for operation at maximum load in harsh thermal environments. The VTM V048KT015T80 in the V-I Chip BGA package is priced as low as 31 cents/A in OEM quantities and is available in JEDEC trays or taped and reeled for automated pick and place and SMD assembly. Delivery is 6 weeks ARO. Pre-assembled evaluation boards are available for $49 and include the VTM. For a data sheet and other information on the Voltage Transformation Module, V-I Chips and Factorized Power Architecture, please visit the Vicor website at www.vicorpower.com. To order, contact Vicor Express at 800-735-6200 or e-mail vicorexp@vicr.com. This press release contains certain forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. You can identify these statements by our use of the words "may," "will," "would," "should," "plans," "expects," "anticipates," "believes," "is designed to," "continue," "estimate," "project," "intend," and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include our ability to develop new products cost-effectively and our ability to decrease manufacturing costs, as well as those risks and uncertainties identified in the Company's Annual Report on Form 10-K. The risk factors contained in the Annual Report on Form 10-K may not be exhaustive. Therefore, the information contained in that Form 10-K should be read together with other reports and documents that the Company files with the SEC from time to time, which may supplement, modify, supersede or update those risk factors. CONTACT: Vicor Corporation Technical Contact : Andrew Hilbert, 978/749-3292 Senior Director, Product Marketing ahilbert@vicr.com or Editorial Contact : Iris Kimber, 978/749-3396 Strategic Marketing Manager ikimber@vicr.com -----END PRIVACY-ENHANCED MESSAGE-----