0001021408-01-507010.txt : 20011008
0001021408-01-507010.hdr.sgml : 20011008
ACCESSION NUMBER: 0001021408-01-507010
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20010919
ITEM INFORMATION: Other events
FILED AS OF DATE: 20010919
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: INTEGRATED CIRCUIT SYSTEMS INC
CENTRAL INDEX KEY: 0000874689
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 232000174
STATE OF INCORPORATION: PA
FISCAL YEAR END: 0630
FILING VALUES:
FORM TYPE: 8-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-19299
FILM NUMBER: 1740643
BUSINESS ADDRESS:
STREET 1: 2435 BLVD OF THE GENERALS
CITY: NORRISTOWN
STATE: PA
ZIP: 19403
BUSINESS PHONE: 6106305300
MAIL ADDRESS:
STREET 1: 2435 BLVD OF THE GENERALS
CITY: NORRISTOWN
STATE: PA
ZIP: 19403
8-K
1
d8k.txt
FORM 8-K FOR INTEGRATED CIRCUIT SYSTEMS
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
September 19, 2001
---------------------------------------------
(Date of earliest event reported)
INTEGRATED CIRCUIT SYSTEMS, INC.
------------------------------------------------------
(Exact name of registrant as specified in its charter)
Pennsylvania 0-19299 23-2000174
--------------------------------------------------------------------------------
(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File Number) Identification No.)
2435 Boulevard of the Generals
Norristown, Pennsylvania 19403
--------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
(610) 630-5300
------------------------------------------------------
(Registrant's telephone number including area code)
Not Applicable
--------------------------------------------------------
(Former name former address and former fiscal year,
if changed since last report)
Item 5. Other Events
On September 19, 2001, Integrated Circuit Systems, Inc. announced that it Board
of Directors has authorized a stock repurchase program. The repurchase program
authorizes the purchase, from time to time, of 2,000,000 shares of the Company's
common stock.
We also announced that we reiterate our revenue and earnings guidance for the
fiscal quarter ending September 29, 2001. We expressed confidence that it would
meet stated targets of flat revenue and fully diluted earnings per share
compared to the June 2001 quarter.
Exhibits (c)
Integrated Circuit Systems, Inc. press release dated September 19, 2001.
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 thereunto duly authorized.
Date: September 19, 2001 INTEGRATED CIRCUIT SYSTEMS, INC.
By: /S/ Justine F. Lien
------------------------
Justine F. Lien
Vice President and CFO
EX-99
3
dex99.txt
PRESS RELEASE
EXHIBIT 99
[LOGO] Integrated Circuit Systems, Inc.
Corporate Headquarters
2435 Boulevard of the Generals
Norristown, PA 19403
Phone: 610-630-5300
Fax: 610-630-5399
Web Site: http://www.icst.com
Company Contact:
Justine Lien, CFO
Integrated Circuit Systems, Inc.
610-630-5300
Integrated Circuit Systems Announces Authorization To Repurchase Shares and
Reiterates Guidance For Q1 Fiscal 2002
Valley Forge, PA -- September 19, 2001 - Integrated Circuit Systems, Inc.
(NASDAQ: ICST) announced today that its Board of Directors has authorized a
stock repurchase program.
The repurchase program authorizes the purchase, from time to time, of 2,000,000
shares of the Company's common stock on the open market. The timing and amount
of shares repurchased will be determined by ICS's management based on its
evaluation of market economics and conditions.
The Company also announced that it reiterates its revenue and earnings guidance
for the fiscal quarter ending September 29, 2001.
The Company expressed confidence that it would meet stated targets of flat
sequential revenue and fully diluted earnings per share compared to the June
2001 quarter.
About ICS
Integrated Circuit Systems, Inc. is a leader in the design, development and
marketing of silicon timing devices for computing, networking, communications
and digital consumer applications. The Company is headquartered in Valley
Forge, PA, with key facilities in San Jose, CA, Tempe, AZ and Singapore.
Statements included in this release, to the extent they are forward looking,
involve a number of risks and uncertainties related to competitive factors,
technological developments and market demand. Further information on these and
other potential factors that could affect the Company's financial results can be
found in the Company's Form 10-K filed September 12, 2001.