-----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, LLjsOJqiDv82j7UPMDqcOJNwoCeV5QKMHOkwyuGZm2nqtEHwDmO7WFnIqZmn7xJi yCxcY6Bd62JCyGiQ9JbtrQ== 0001104659-07-040922.txt : 20070517 0001104659-07-040922.hdr.sgml : 20070517 20070517114708 ACCESSION NUMBER: 0001104659-07-040922 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070516 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070517 DATE AS OF CHANGE: 20070517 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN LOCKER GROUP INC CENTRAL INDEX KEY: 0000008855 STANDARD INDUSTRIAL CLASSIFICATION: PARTITIONS, SHELVING, LOCKERS & OFFICE AND STORE FIXTURES [2540] IRS NUMBER: 160338330 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-00439 FILM NUMBER: 07860132 BUSINESS ADDRESS: STREET 1: 608 ALLEN STREET CITY: JAMESTOWN STATE: NY ZIP: 14701 BUSINESS PHONE: 7166649600 MAIL ADDRESS: STREET 1: 608 ALLEN STREET CITY: JAMESTOWN STATE: NY ZIP: 14701 FORMER COMPANY: FORMER CONFORMED NAME: AVM CORP DATE OF NAME CHANGE: 19850520 8-K 1 a07-14516_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

 

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 16, 2007

American Locker Group Incorporated

(Exact Name of Registrant as Specified in its Charter)

Delaware

 

0-439

 

16-0338330

(State of Incorporation)

 

(Commission File Number)

 

(IRS employer identification no.)

 

815 S. Main Street
Grapevine, Texas 76051
(Address of Principal Executive Offices)

Registrant’s Telephone Number, Including Area Code:                                               (817) 239-1600

Not Applicable

Former name or former address, if changed since last report

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:

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

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o 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 16, 2007, American Locker Group Incorporated (the “Company”) issued a press release, which is attached hereto as Exhibit 99.1 and incorporated herein by reference, announcing receipt of notice from the U.S. Postal Service that, effective September 8, 2007, it would no longer install its “arrow locks” on the Company’s Model 1118E Cluster Box Unit.

Item 9.01 Financial Statements and Exhibits.

(d)  Exhibits.

Exhibit No.

 

 

Description

 

 

 

 

99.1

 

Press release, dated May 16, 2007.

 




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.

 

AMERICAN LOCKER GROUP INCORPORATED

 

 

 

 

 

 

Date: May 17, 2007

 

By:

/s/ Edward F. Ruttenberg

 

 

 

 

 

Name:

 

Edward F. Ruttenberg

 

 

 

 

Title:

 

Chairman, Chief Executive Officer,

 

 

 

 

 

 

Chief Operating Officer and Treasurer

 




EXHIBIT INDEX

Exhibit No.

 

 

Description

 

 

 

 

99.1

 

Press release, dated May 16, 2007.

 



EX-99.1 2 a07-14516_1ex99d1.htm EX-99.1

Exhibit 99.1

Grapevine, Texas — May 16, 2007 — American Locker Group Incorporated (OTC: ALGI.PK) (“American Locker” or the “Company”) announced today that it had received written notification from the U.S. Postal Service (“USPS”) confirming that, effective September 8, 2007, the USPS would no longer install its “arrow locks” on American Locker’s Model 1118E Cluster Box Unit (“CBU”).  As American Locker has previously disclosed, it had anticipated receiving this notice since December 2005.

The USPS decertification of Model 1118E has occurred in conjunction with the USPS making available technical specifications for its Model USPS-B-1118 (“F Series”) CBU.  Accordingly, the Company is preparing its application to the USPS to become a licensed manufacturer of the successor USPS-B-1118 CBU, and will conduct a concurrent and ongoing internal cost analysis to determine whether it can manufacture that successor Model profitably.

American Locker believes that it will ultimately be approved by the USPS as a licensed manufacturer of the USPS-B-1118 CBU, although it could take between 6-8 months for American Locker to be producing the USPS-B-1118 CBU at current levels.

American Locker will continue to sell existing inventories of Model 1118E CBUs through August 2007, and it does not presently anticipate that it will incur material inventory write-offs as a result of such decertification.  After August 2007, the Company’s revenues will be adversely affected by this decertification until such time as the Company has received USPS approval to manufacture the successor USPS-B-1118 CBU and has commenced manufacture and sale of those units. The negative impact on revenues will, however, be offset in part by reduced working capital needs during the same period.

About American Locker Group Incorporated

American Locker is the world’s premier supplier of secure storage lockers under the American Locker Security Systems and Canadian Locker brands.  American Locker’s systems range from classic coin-operated lockers to computer/electronic-controlled distribution systems to employee and personal lockers. American Locker is known for its iconic orange keys and is viewed as the industry standard for secure storage.  Its Security Manufacturing Corporation subsidiary is a leading provider of commercial mailboxes through a national distribution network.  Security Manufacturing offers a complete line of U.S. Postal Service approved mailboxes including horizontal and vertical apartment mailboxes, locking residential mailboxes, plus multi-styles for the private sectors and universities.

Further information about American Locker and its subsidiaries is available at www.americanlocker.com, www.securitymanufacturing.com and www.canadianlocker.com.




Contacts:
American Locker Group Incorporated

Edward Ruttenberg, Chairman and CEO, (817) 329-1600

In the interests of providing Company shareholders and potential investors with information regarding the Company, including the Company’s assessment of its and its subsidiaries’ future plans and operations, certain statements included in this press release may constitute forward-looking information or forward-looking statements (collectively, “forward-looking statements”). All statements contained herein that are not clearly historical in nature are forward-looking, and the words “anticipate”, “believe”, “expect”, “estimate” and similar expressions are generally intended to identify forward-looking statements. Actual events or results may differ materially.  Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity, performance or achievement since such expectations are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies.  Many factors could cause the Company’s actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, the Company and the foregoing list of important factors is not exhaustive. These forward-looking statements made as of the date hereof disclaim any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.  Company shareholders and potential investors should carefully consider the information contained in the Company’s filings with United States securities administrators at www.sec.gov before making investment decisions with regard to the Company.



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