-----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, T+azNPf9482fEfC5YEyazCXPyX/5tnWV8Z5e04NaoMoaKwlJC1hjalA8t/r/WstJ s8l/FjPml294lnDJdFHdDA== 0000927016-02-003284.txt : 20020618 0000927016-02-003284.hdr.sgml : 20020618 20020618164837 ACCESSION NUMBER: 0000927016-02-003284 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020618 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020618 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BOSTON ACOUSTICS INC CENTRAL INDEX KEY: 0000805268 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651] IRS NUMBER: 042662473 STATE OF INCORPORATION: MA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15193 FILM NUMBER: 02681674 BUSINESS ADDRESS: STREET 1: 300 JUBILEE DRIVE STREET 2: P O BOX 6015 CITY: PEABODY STATE: MA ZIP: 01961-6015 BUSINESS PHONE: 5085385000 MAIL ADDRESS: STREET 1: 300 JUBILEE DRIVE STREET 2: P O BOX 6015 CITY: PEABODY STATE: MA ZIP: 01961-6015 8-K 1 d8k.txt FORM 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): June 18, 2002 Boston Acoustics, Inc. (Exact Name of Registrant as Specified in Charter) Massachusetts 33-9875 04-2662473 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 300 Jubilee Drive, Peabody, Massachusetts 01960 (Address of Principal Executive Office) (Zip Code) Registrant's telephone number, including area code: (978) 538-5000 Item 5. Other Events: On June 18, 2002, the Registrant issued a press release announcing the Registrant's entry into the automotive audio systems OEM market. A copy of the press release is attached as an exhibit to this report. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits (c) Exhibits. Exhibit No. 99.1 - Press Release Dated June 18, 2002 entitled "Boston Acoustics(R) Brings Legendary Boston Sound(TM) to Future DaimlerChrysler(R) Luxury Sedan and Sports Utility Vehicle Platforms" 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. Boston Acoustics, Inc. Date: June 18, 2002 By: /s/ Debra A. Ricker-Rosato --------------------------------- Debra A. Ricker-Rosato Vice President - Finance -2- EXHIBIT INDEX Exhibit No. Description of Exhibits 99.1 Press Release Dated June 18, 2002 entitled "Boston Acoustics(R) Brings Legendary Boston Sound(TM) to Future DaimlerChrysler(R) Luxury Sedan and Sports Utility Vehicle Platforms" EX-99.1 3 dex991.txt PRESS RELEASE DATED JUNE 18, 2002 [GRAPHIC REMOVED HERE] FOR IMMEDIATE RELEASE - --------------------- EDITORIAL CONTACTS: Ditas Mauricio/AnneMarie Mathews PAN Communications (978) 474-1900 bostonacoustics@pancomm.com - --------------------------- BOSTON ACOUSTICS(R) BRINGS LEGENDARY BOSTON SOUND(TM) TO UPCOMING CHRYSLER GROUP VEHICLE LINES Premier Audio Systems Manufacturer Announces First Automotive OEM Program PEABODY, MASS., JUNE 18, 2002--Boston Acoustics, Inc. (NASDAQ: BOSA), today announced its entry into the automotive OEM arena through a partnership with Visteon Corporation (NYSE: VC) to provide Chrysler Group with new, premium audio systems for upcoming vehicle lines. This announcement marks a major milestone in Boston Acoustics' 23-year history. According to the 2001 AutoPacific Brand Study, 94 percent of new car buyers consider the audio system an important feature when making a vehicle purchase. This new premium audio system will combine Boston Acoustics' high-quality, high-performance speakers and acoustical expertise with Visteon's electronics and Digital Signal Processing (DSP) technology. The combination of expertise will deliver clear, clean balanced sound and the smooth octave-to-octave tonal balance, known as the legendary "Boston Sound." "Chrysler Group's selection of a signature Boston Acoustics audio system underscores our commitment to high-performance and quality," said Michael Chass, vice president, automotive and multimedia OEM, for Boston Acoustics. "The audio system Boston Acoustics and Visteon develop for Chrysler Group will deliver the superior performance and listening pleasure that Boston Acoustics' reputation is built upon." The premium audio system comes on the heels of a multi-year joint development agreement between Boston Acoustics and Visteon Corporation signed last October to deliver high performance audio systems as a factory-installed option for selected automakers. Boston Acoustics' goal is to deliver Boston-branded audio systems to OEMs in the automotive industry, made possible through the partnership with Visteon. Regarding the relationship and the business it represents, Andy Kotsatos, chairman and co-founder of Boston Acoustics, said: "We are extremely pleased with Chrysler Group's selection. This demonstrates that our continuing mission of providing both great sound and excellent value has been recognized at the highest levels in the automotive manufacturer world. Soon, thousands of new car purchasers will learn what millions of satisfied Boston Acoustics home, multimedia, and car stereo speaker owners already know. The Boston Sound is second to none." Although there are no minimum purchase requirements, estimated revenue based on the new business is expected to have a material impact for several years beginning in Boston Acoustics 2005 Fiscal Year. Terms of the agreement were not disclosed. About Boston Acoustics - ---------------------- Boston Acoustics, Inc. (NASDAQ: BOSA) is a manufacturer of high-performance audio solutions for home entertainment, automobiles, and personal computers. Founded in 1979, Boston Acoustics is located in Peabody, Massachusetts. For more information on Boston Acoustics, visit the company's Web site at www.bostonacoustics.com About Visteon Corporation - ------------------------- Visteon Corporation (NYSE: VC) is a leading full-service supplier that delivers consumer-driven technology solutions to automotive manufacturers worldwide and through multiple channels within the global automotive aftermarket. Visteon has about 79,000 employees and a global delivery system of more than 160 technical, manufacturing, sales, and service facilities located in 25 countries. For more information on Visteon, visit the company's Web site at www.visteon.com --------------- Note: Except for historical information contained herein, the matters discussed are forward-looking statements which involve risks and uncertainties that could cause actual results to differ materially from those suggested in the forward-looking statements, including but not limited to the effect of economic conditions, product demand, currency exchange rates, labor disputes, availability of key components, competitive products and other risks detailed in the Company's Securities and Exchange Commission filings. ### -----END PRIVACY-ENHANCED MESSAGE-----