-----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, I0T8fui9s89W87/4nI3GBtR3yIVVpK0aKzSuMF6xSUV6KvUGEAfYKqFA/0afSe8q cWU0vt2PaNMwoIr2ToK+nw== 0001171520-09-000269.txt : 20090415 0001171520-09-000269.hdr.sgml : 20090415 20090415113413 ACCESSION NUMBER: 0001171520-09-000269 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090413 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090415 DATE AS OF CHANGE: 20090415 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SONO TEK CORP CENTRAL INDEX KEY: 0000806172 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 141568099 STATE OF INCORPORATION: NY FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16035 FILM NUMBER: 09750202 BUSINESS ADDRESS: STREET 1: 2012 RT 9W BLDG 3 CITY: MILTON STATE: NY ZIP: 12547 BUSINESS PHONE: 8457952020 MAIL ADDRESS: STREET 1: 2012 RT. 9W, BLDG. 3, CITY: MILTON STATE: NY ZIP: 12547 8-K 1 eps3369.htm SONO-TEK CORPORATION eps3369.htm
UNITED STATES
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): April 13, 2009

Sono-Tek Corporation
(Exact name of registrant as specified in its charter)

Commission File Number: 0-16035

New York
14-1568099
(State of Incorporation)
(I.R.S. Employer ID No.)
   
2012 Route 9W, Milton, New York
12547
(Address of Principal Executive Offices)
(Zip Code)

Registrant’s telephone number, including area code (845) 795-2020

Check appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

[  ]
Written communications pursuant to Rule 425 under Securities Act (17 CFR 230.425)

[  ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 

 

Item 7.01: Regulation FD Disclosure.

On April 13, 2009, the Company issued a press release regarding the sale of glass line coating units in the form of the attached exhibit 99.1.

Item 9.01: Financial Statements and Exhibits.

(d) Exhibits

99.1 Press Release dated April 13, 2009.


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.

SONO-TEK CORPORATION

By:   /s/ Stephen J. Bagley
Stephen J. Bagley
Chief Financial Officer

April 15, 2009

EX-99.1 2 ex99-1.htm ex99-1.htm
Exhibit 99.1


 Sono-Tek Announces Recent Glass Line Coating Sales

(April 13, 2009 - MILTON, NY)  Sono-Tek Corporation (OTC Bulletin Board: SOTK - - News) announced today the installation of two new glass coating lines to overseas customers. The first line was commissioned in March for a customer in the United Arab Emirates, while the second is currently being commissioned in South Korea. Both of these lines represent significant systems development by Sono-Tek, and they offer glass customers an immediate reduction in the cost of glass coating, reduced environmental impact, and more consistent coating quality for their product. Coating lines of this nature sell for $150k - $200k each, depending on the material being sprayed and the number of nozzle systems required. Sono-Tek glass lines are superior to the wasteful traditional spraying systems that they replace, as described by customers at over a dozen installation sites in the past several years.

In other news, Sono-Tek will be releasing results for the fiscal year ending February 28, 2009 later in May, and holding its Shareholder Meeting on August 20, 2009.  According to Dr. Coccio, “Preliminary results indicate that the Company grew sales by 12% over the previous year to approximately $6.4m. This growth puts Sono-Tek in the top third of companies listed on the major stock exchanges, many of which suffered sales declines in this very difficult business environment. We estimate that we will report a loss of approximately $1.5m when our annual audit is complete and approximately half of the loss is due to non-cash items such as the write-off of our deferred tax asset and stock option expenses. Significant investments were made during the fiscal year to develop new products and markets, and these investments cost money. But as a result of our aggressive development program, nearly a quarter of our sales were attributable to newer products that we did not have two or three years ago.

In response to the current economic climate, there will be a different approach on our part as we go forward in the current fiscal year. We will focus on maintaining cash reserves and cost controls, in order to bring the Company back to profitability while taking advantage of our newer products serving the clean energy markets for fuel cell and solar energy development and manufacture, as well as additional glass lines.”
 
For further information, including our recent Shareholder Letter, visit our website at http://www.sono-tek.com, or contact Dr. Christopher L. Coccio, Chairman and CEO at 845-795-2020.
 
Sono-Tek Corporation is a leading developer and manufacturer of liquid spray products based on its proprietary ultrasonic nozzle technology. Founded in 1975, the Company's products have long been recognized for their performance, quality and reliability.
 
This press release contains forward looking statements regarding future events and the future performance of Sono-Tek Corporation that involve risks and uncertainties that could cause actual results to differ materially. These factors include, among other considerations, general economic and business conditions; political, regulatory, competitive and technological developments affecting the Company's operations or the demand for its products; timely development and market acceptance of new products; adequacy of financing; capacity additions and the ability to enforce patents. We refer you to documents that the company files with the Securities and Exchange Commission, which includes Form 10-K and Form 10-Q containing additional important information.
 
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