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): June 24, 2015
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 June 24, 2015, Sono-Tek Corporation issued a press release announcing the sale of new high tech ultrasonic spray coating machinery, in the form attached as exhibit 99.1.
Item 9.01: Financial Statements and Exhibits.
(d) Exhibits
99.1 Press Release dated June 24, 2015.
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
June 24, 2015
Exhibit 99.1
Sono-Tek Announces Sale of New High Tech Ultrasonic Spray Coating Machinery in Advanced Food Manufacturing Process
(June 24, 2015 - Milton, NY) Sono-Tek Corporation (OTCQX: SOTK) is pleased to announce the recent sale of micronic thin film spray coating process equipment to a major global food manufacturer with numerous plants overseas. The sale is valued at $360,000.
The manufacturer has the potential of purchasing an additional system every 12 to 18 months as part of a planned multi-year roll out of the new technology for all of its manufacturing sites.
The highly specialized application developed in this project is a first of its kind and uses state of the art technology whose details are covered by a non-disclosure agreement with the customer. The new application incorporates ultrasonic technology, which allows for higher transfer efficiencies with precision uniform coatings. The application is capable of applying minute quantities of liquids uniformly over food products, which are configured on a large area moving web. The advantage of this system is its ability to apply accurate and repeatable coating quality, unmatched by any generic pressure assisted spraying systems.
According to Dr. Joseph Riemer, Vice President of Food Business Development, “This new opportunity, together with our continued expansion into the food safety area where we have been collaborating with manufacturers of high speed industrial scale meat slicers, helps to continue our growth and progress in our food industry initiatives in fiscal year 2016.”
For further information, contact Dr. Joseph Riemer, at 845-795-2020, or visit our website at www.sono-tek.com
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 our operations or the demand for our products; continued growth opportunities in the food market, including sales of additional thin film spray coating process equipment to a major global food manufacturer every 12 to 18 months; the continued effectiveness of our growth model; timely development and market acceptance of new products in existing and new markets; adequacy of financing; capacity additions, the ability to enforce patents and the ability to achieve increased sales volume and continued profitability. We refer you to documents that the company files with the Securities and Exchange Commission, which includes Form 10-K and Form 10-Qs containing additional important information.
Source: Sono-Tek Corp.