0001144204-12-026894.txt : 20120508 0001144204-12-026894.hdr.sgml : 20120508 20120508171711 ACCESSION NUMBER: 0001144204-12-026894 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20120508 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120508 DATE AS OF CHANGE: 20120508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ACORN ENERGY, INC. CENTRAL INDEX KEY: 0000880984 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ENGINEERING SERVICES [8711] IRS NUMBER: 222786081 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33886 FILM NUMBER: 12822493 BUSINESS ADDRESS: STREET 1: 4 WEST ROCKLAND ROAD CITY: MONTCHANIN STATE: DE ZIP: 19710 BUSINESS PHONE: 3026561708 MAIL ADDRESS: STREET 1: 4 WEST ROCKLAND ROAD CITY: MONTCHANIN STATE: DE ZIP: 19710 FORMER COMPANY: FORMER CONFORMED NAME: ACORN FACTOR, INC. DATE OF NAME CHANGE: 20060920 FORMER COMPANY: FORMER CONFORMED NAME: DATA SYSTEMS & SOFTWARE INC DATE OF NAME CHANGE: 19931019 FORMER COMPANY: FORMER CONFORMED NAME: DEFENSE SOFTWARE & SYSTEMS INC DATE OF NAME CHANGE: 19930328 8-K 1 v312387_8k.htm 8-K

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) May 8, 2012

 

ACORN ENERGY, INC.

(Exact name of Registrant as Specified in its Charter)

 

Delaware 0-19771 22-2786081
(State or Other Jurisdiction (Commission file Number) (IRS Employer
of Incorporation)   Identification No.)

 

4 West Rockland Road, Montchanin, Delaware 19710
(Address of Principal Executive Offices) (Zip Code)

 

Registrant’s telephone number, including area code (302) 656-1707

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-2 under the Exchange Act (17 CFR 240.14a-2)

 

¨ 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 May 8, 2012, Acorn Energy, Inc., issued the press release annexed as Exhibit 99.1 to this report.

 

Item 9.01 Financial Statements and Exhibits.

 

99.1 Press release of Acorn Energy, Inc., dated May 8, 2012.

 

 
 

 

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 on this 8th day of May, 2012. 

 

  ACORN ENERGY, INC.
     
  By: /s/ Heather K. Mallard
  Name:  Heather K. Mallard
  Title: Vice President, General Counsel &
Secretary

 

 

EX-99.1 2 v312387_ex99-1.htm EXHIBIT 99.1

 

 

Jim Andersen, President US Seismic Systems, an Acorn Energy Company

to Testify before House Subcommittee on Energy and the Environment, May 10, 2012

 

Montchanin, DE (May 8, 2012) – Acorn Energy, Inc. (NASDAQ: ACFN) today announced that Jim Andersen, Founder and President of its portfolio company, US Seismic Systems, Inc. (USSI), will testify on May 10, 2012 at the United States House of Representatives’ Science, Space, and Technology Subcommittee on Energy & Environment hearing titled “Supporting American Jobs and the Economy Through Expanded Energy Production: Challenges and Opportunities of Unconventional Resources Technology.”

 

The purpose of this hearing is to examine both the challenges and opportunities associated with expanding development and use of unconventional oil and gas production technologies. Mr. Andersen will be testifying to give an overview of USSI Fiber Optic Sensing Technology and its potential impact to both enhance oil and gas recovery and improve environmental monitoring to better ensure safe and responsible production.

 

"Over the next decade, through the exploitation of unconventional resources, America could again become the largest oil & gas producer in the world” said Jim Andersen, President of USSI. “Every revolutionary technology, such as fracking, has in it the seed of a problem like environmental issues or induced seismicity. Successfully pioneering solutions to these problems is a great opportunity for our nation. Both sides of the aisle are interested in learning about and supporting breakthrough innovations like our Ultra High Sensitivity fiber optic geophones that can help the oil & gas industry solve these problems and expand in an environmentally responsible manner."

 

The hearing will be Webcast live at http://science.house.gov/hearing/subcommittee-energy-and-environment-hearing-challenges-and-opportunities-unconventional

 

Acorn Energy will Host an Investor Day at USSI headquarters May 9, 2012

 

The investor day will commence at the:

 

Hilton Woodland Hills Hotel

6360 Canoga Avenue

Woodland Hills, CA 91367

 

at 9:30 AM with presentations by John Moore, Chairman and CEO of Acorn Energy and Jim Anderson, CEO of USSI. Lunch will be served at 11:30 AM, followed by a tour of the USSI facilities. The day should conclude at approximately 2:00 PM.

 

 
 

 

To register for the conference, please contact Acorn Energy at acorn@acornenergy.com. If you cannot attend, the event can be viewed live at http://takeonedigital.com/avmasters/ussi-webcast-may09.html.

 

To reserve a hotel room at a group rate call 818.595.1000 and ask to book your room under the US Seismic/ Acorn Energy meeting number USS 512.

 

About US Seismic Systems, Inc.

US Seismic Systems Inc. (“USSI”), designs, integrates, manufactures, and sells fiber optic sensing systems and solutions for the Energy and Defense markets. USSI utilizes all-optical fiber sensing technology for its state-of-the-art sensors. USSI’s proprietary optical fiber and electronics combine to form the sensor system. It is designed to replace the legacy electronic-based sensor systems at a lower cost and with improved performance and reliability. For more information visit the USSI website at: www.us-si.com.

 

About Acorn Energy, Inc.

Acorn Energy, Inc. is a holding company focused on making energy better by providing digital solutions for energy infrastructure asset management.  The four businesses in which we have controlling interests, improve the world's energy infrastructure by making it: more secure - providing security solutions for underwater energy infrastructure (DSIT); more reliable - providing condition-based monitoring to critical assets on the electric grid (GridSense, OmniMetrix) and more productive and efficient - increasing oil and gas production while lowering costs through use of permanent ultra-high sensitive seismic tools that allow for a more precise picture of reservoirs (US Seismic). For more information visit: http://www.acornenergy.com.

 

Safe Harbor Statement

This press release includes forward-looking statements, which are subject to risks and uncertainties. There is no assurance that the Company and its operating companies will be able to achieve the expected growth in revenue or meet the other expectations described or referred to above.  A complete discussion of the risks and uncertainties which may affect Acorn Energy's business generally and the businesses of its subsidiaries is included in "Risk Factors" in the Company's most recent Annual Report on Form 10-K as filed by the Company with the Securities and Exchange Commission.

 

Investor Contact:

Paul G. Henning

Cameron Associates

(212) 554-5462

Paul@cameronassoc.com

 

Company Contact:

Jim Andersen

US Seismic Systems Inc.

(818) 446-2513

jandersen@us-si.com

 

 

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