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.