0001095811-01-505710.txt : 20011026 0001095811-01-505710.hdr.sgml : 20011026 ACCESSION NUMBER: 0001095811-01-505710 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20011019 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20011019 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KOMAG INC /DE/ CENTRAL INDEX KEY: 0000813347 STANDARD INDUSTRIAL CLASSIFICATION: MAGNETIC & OPTICAL RECORDING MEDIA [3695] IRS NUMBER: 942914864 STATE OF INCORPORATION: DE FISCAL YEAR END: 0102 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16852 FILM NUMBER: 1762380 BUSINESS ADDRESS: STREET 1: 1710 AUTOMATION PWY CITY: SAN JOSE STATE: CA ZIP: 95131 BUSINESS PHONE: 4085762000 MAIL ADDRESS: STREET 1: 1710 AUTOMATION PWY CITY: SAN JOSE STATE: CA ZIP: 95131 8-K 1 f76413e8-k.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 October 19, 2001 ------------------------------------------------ Date of Report (date of earliest event reported) KOMAG, INCORPORATED ------------------------------------------------------ (Exact name of Registrant as specified in its charter) Delaware 0-16852 94-2914864 ------------------------------- ------------------------ ------------------- (State or other jurisdiction of (Commission File Number) (I.R.S. Employer incorporation or organization) Identification No.) 1710 Automation Parkway San Jose, California 95131 ---------------------------------------- (Address of principal executive offices) Registrant's telephone number, including area code: (408) 576-2000 N/A ------------------------------------------------------------- (Former name or former address, if changed since last report) ================================================================================ Item 5. Other Events. Komag, Incorporated issued a press release on October 8, 2001, announcing that Western Digital Corporation has agreed to extend its Volume Purchase Agreement with the company for an additional three year term, which press release is filed as Exhibit 99.1 hereto. Item 7. Financial Statements and Exhibits. (a) Not applicable. (b) Not applicable. (c) Exhibits. 99.1 Text of press release dated October 8, 2001. 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. Komag, Incorporated, a Delaware corporation Dated: October 19, 2001 By: /S/ Thian Hoo Tan ------------------------------------ Thian Hoo Tan President and Chief Executive Officer EXHIBIT INDEX Exhibit Number Description -------------- ----------- 99.1 Text of press release dated October 8, 2001. EX-99.1 3 f76413ex99-1.txt EXHIBIT 99.1 EX-99.1 PRESS RELEASE FOR IMMEDIATE RELEASE SAN JOSE, Calif., October 8, 2001 -- Komag, Incorporated (OTC BB: KMAG), the largest independent producer of media for disk drives, today announced that Western Digital Corporation (NYSE: WDC) has agreed to extend its Volume Purchase Agreement ("VPA") with the company for an additional three year term. The VPA now provides that Komag will supply a substantial proportion of Western Digital's disk requirements through April 2005. Matt Massengill, Western Digital's president and CEO said, "Komag and Western Digital have enjoyed a long standing relationship due to Komag's ability to deliver both technically advanced and high quality products. We anticipate that Komag will continue to provide these high quality products and will support our future technology needs. In addition, we expect that Komag will be the industry's low cost leader as they successfully restructure their company." "As our largest customer, Western Digital is key to our ability to succeed," commented T.H. Tan, Komag's CEO. "Our working relationship is the foundation upon which we are rebuilding our company. Over the last several years we have employed a virtual vertical integration strategy, a key in managing time to market. We are particularly pleased with Western Digital's vote of confidence in extending the VPA. We expect to continue our strong partnership with Western Digital as we work through our restructuring process and well into the future." About Komag Founded in 1983, Komag is the world's largest independent supplier of thin-film disks, the primary high-capacity storage medium for digital data. Komag leverages the combination of its U.S. R&D centers with its world-class Malaysian manufacturing operations to produce disks that meet the high-volume, stringent quality, low cost and demanding technology needs of its customers. By enabling rapidly improving storage density at ever-lower cost per gigabyte, Komag creates extraordinary value for consumers of computers, enterprise storage systems and electronic appliances such as peer-to-peer servers, digital video recorders and game boxes. For more information about Komag, visit Komag's Internet home page at http://www.komag.com or call Komag's Investor Relations 24-hour Hot Line at 888-66-KOMAG or 408-576-2901. Forward-Looking Statements This press release contains certain "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby. These statements represent the company's current judgment and include, but are not limited to, future sales, acceptance and confirmation of a plan of reorganization, and the company's emergence from chapter 11. The company's actual results for future periods could differ materially from those projected in such forward-looking information. Factors that could cause actual results to differ include, but are not limited to, the company's chapter 11 filing, variability in demand for and average selling price of disks, the impact of demand variation on factory utilization, the company's ability to achieve its operating yield, cost and profitability targets, the company's ability to satisfy customer qualification requirements, and the other factors described in the company's reports filed with the Securities and Exchange Commission, including, but not limited to, its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Komag undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of such statements.