-----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, T1ho1TnFpfAc2RwfecfsAI52cY2YUmS8rBS1TEw9I8Qs97zwwWlgZP1d8kY2csNf +vkp5wLCV9r7RmiMREbN9A== 0001014909-97-000058.txt : 19970804 0001014909-97-000058.hdr.sgml : 19970804 ACCESSION NUMBER: 0001014909-97-000058 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970728 ITEM INFORMATION: Other events FILED AS OF DATE: 19970801 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: SIMTEK CORP CENTRAL INDEX KEY: 0000817516 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 841057605 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19027 FILM NUMBER: 97649612 BUSINESS ADDRESS: STREET 1: 1465 KELLY JOHNSON BLVD STREET 2: STE 301 CITY: COLORADO SPRINGS STATE: CO ZIP: 80920 BUSINESS PHONE: 7195319444 MAIL ADDRESS: STREET 1: 1465 KELLY JOHNSON BLVD STREET 2: STE 301 CITY: COLORADO SPRINGS STATE: CO ZIP: 80920 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15 (d) of The Securities Act of 1934 Date of Report (Date of earliest event reported) July 28, 1997 SIMTEK CORPORATION (Exact name of registrant as specified in its charter) Colorado 0-19027 84-1057605 - -------------------------------------------------------------------------------- (State or other (Commission (I.R.S. Employer jurisdiction File Number) Identification No.) of incorporation) 1465 Kelly Johnson Boulevard Colorado Springs, Colorado 80920 --------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (719) 531-9444 -------------- N/A ------------------------------------------------------------- (Former name or former address, if changed since last report) Item 5: Other Information: Simtek Corporation issued the following press release dated July 28, 1997 announcing second quarter 1997 financial results: FOR IMMEDIATE RELEASE SIMTEK ANNOUNCES FINANCIAL RESULTS FOR THE SECOND QUARTER OF 1997 COLORADO SPRINGS, Colorado -- July 28, 1997 -- Simtek Corporation announced financial results for the second quarter and the first six months of 1997. The company had a net profit of $99,579 for the second quarter of 1997 compared to a profit of $12,122 for the same period in 1996. The first six months of 1997 resulted in a net profit of $197,358 compared with a loss of $222,584 for the same period in 1996. "Simtek is expanding its markets and improving its internal operations. Both gross profit margin percentage and internal expenses as a percentage of sales were favorable this quarter compared to the same quarter last year," stated Douglas Mitchell, Simtek's Chief Operating Officer. Simtek's customer base continues to grow for its mature 4Kbit, 16Kbit and 64Kbit nvSRAM devices. Many new customers are developing products using the company's recently announced 256Kbit product line. Pre-production quantities of 256Kbit parts are shipping into new designs with demand for production quantities expected to start in the fourth quarter. Because of their strict quality and reliability requirements, industrial and military applications continue to be a major portion of Simtek's market, but many new applications are developing in telecommunications and commercial office automation equipment. 2
FINANCIAL RESULTS Three Months Ended June 30, Six Months Ended June 30, ------------------------------- ------------------------------- 1997 1996 1997 1996 ---- ---- ---- ---- Net sales $ 1,536,243 $ 1,158,624 $ 3,301,761 $ 1,969,718 Cost of sales 834,337 712,707 1,922,568 1,268,519 Gross margin 701,906 445,917 1,379,193 701,199 Gross margin % 45.69% 38.49% 41.77% 35.60% Total selling, general and administrative expenses 615,875 443,473 1,213,129 942,614 Income (loss) from operations 86,031 4,908 166,064 (234,668) Net income (loss) $ 99,579 $ 12,122 $ 197,358 $ (222,584) Net loss per common share $ 0.00 $ 0.00 $ .01 $ (0.01) Weighted average number of shares outstanding 28,521,740 26,978,311 28,521,740 26,978,311
### Simtek Corporation develops, produces and markets high performance nonvolatile memories. They combine the speed and ease of use of SRAMs with a small, cost effective, reliable package that retains data without power or the use of batteries. The Company is headquartered in Colorado Springs, Colorado with world-wide sales established through independent representatives and distributors. Simtek is listed under the symbol SRAM on the OTC Electronic Bulletin Board. Dr. Richard Petritz For product information: President and Chief Executive Officer Simtek Corporation contact info@simtek.com 1465 Kelly Johnson Boulevard or see our Web page at Colorado Springs, CO 80920 USA http://www.simtek.com (719) 531-9444 FAX (719) 531-9481 Editors Note: Please send inquiries to: Communications Department, Simtek Corporation, 1465 Kelly Johnson Boulevard, Colorado Springs, CO 80920 USA (719) 531-9444, FAX (719) 531-9481. 3 SIGNATURE 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 and hereunto duly authorized. SIMTEK CORPORATION /s/ Richard L. Petritz July 30, 1997 By:____________________________________________ RICHARD L. PETRITZ Chief Execuitve Officer and Chief Financial Officer (acting) -4- -----END PRIVACY-ENHANCED MESSAGE-----