-----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, A90nvYqkHPgHbGvpbksDuGzbcJWwZj8uWYj9ls81EUYSNSF1ND3Ko6sk89OLlwZ7 JZwxsmem99ni/uccU8X1kw== 0001068800-05-000189.txt : 20050321 0001068800-05-000189.hdr.sgml : 20050321 20050321121340 ACCESSION NUMBER: 0001068800-05-000189 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050317 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050321 DATE AS OF CHANGE: 20050321 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ZOLTEK COMPANIES INC CENTRAL INDEX KEY: 0000890923 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620] IRS NUMBER: 431311101 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20600 FILM NUMBER: 05693504 BUSINESS ADDRESS: STREET 1: 3101 MCKELVEY RD CITY: ST LOUIS STATE: MO ZIP: 63044 BUSINESS PHONE: 3142915110 MAIL ADDRESS: STREET 1: 3101 MCKELVEY ROAD CITY: ST LOUIS STATE: MO ZIP: 63044 8-K 1 zolt8k.txt 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): March 17, 2005 ZOLTEK COMPANIES, INC. (Exact name of registrant as specified in its charter) MISSOURI 0-20600 43-1311101 (State or other (Commission File (I.R.S. Employer jurisdiction of Number) Identification organization) Number) 3101 MCKELVEY ROAD ST. LOUIS, MISSOURI 63044 (Address of principal executive offices) (Zip Code) (314) 291-5110 (Registrant's telephone number, including area code) 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: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] 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)) -1- ITEM 7.01 REGULATION FD DISCLOSURE. On March 17, 2005, Zoltek Companies, Inc. (the "Company") issued a press release reporting that its fire-resistant Pyron(R) fiber has been selected by the Juvenile Products Division of Simmons Company as its material of choice for a new line of super-safe cribs and mattresses for babies and small children. Zoltek is teamed with Leggett & Platt, Inc. in supplying this bedding material to Simmons. A copy of the press release is attached hereto and incorporated herein as Exhibit 99. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (c) The following exhibit is filed as part of this report: Exhibit Number Description -------------- ----------- 99 Press Release issued by the Company on March 17, 2005. * * * -2- 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. Dated: March 21, 2005 ZOLTEK COMPANIES, INC. By /s/ Kevin Schott -------------------------------- Kevin Schott Chief Financial Officer -3- EXHIBIT INDEX Exhibit Number Description ------ ----------- 99 Press Release, dated March 17, 2005. -4- EX-99 2 ex99.txt EXHIBIT 99 ---------- [ZOLTEK logo] FOR IMMEDIATE RELEASE NASDAQ NMS SYMBOL: "ZOLT" - --------------------- ------------------------- ZOLTEK PYRON SETS NEW STANDARD FOR SAFETY ----------------------------------------- IN CHILDREN'S BEDDING --------------------- ST. LOUIS, MISSOURI -- MARCH 17, 2005 -- Zoltek Companies, Inc. today reported that its fire-resistant Pyron(R) fiber has been selected by the Juvenile Products Division of Atlanta-based Simmons Company as its material of choice for a new line of super-safe cribs and mattresses for babies and small children. Zoltek is teamed with Leggett & Platt, Inc. in supplying the bedding material to Simmons. "Pyron is the key enabling material for a new family of flame-resistant products that will meet the strictest flammability standards and far exceed open flame safety performance mandated by regulations that currently are in effect or being considered for mattresses and bedding," said Zsolt Rumy, President, Chairman and CEO of Zoltek. "We are proud to be associated with Simmons Juvenile Products Division and Leggett & Platt in raising the bar and setting a new standard for safety in children's bedding." Leggett & Platt, the nation's leading supplier of components to the mattress and bedding industry, has a patent pending on a new class of flame-resistant products marketed under the PyroGon(R) name. PyroGon products are a blend of polyester and Pyron that have performed exceptionally well in testing and development. When subjected to an open flame, the overlaying polyester fibers rapidly retreat, leaving a layer of inert Pyron that acts as a flameproof shield against exothermic oxidation of the combustible material inside the mattress. "We believe the PyroGon material offers a 60-minute flame resistance solution at a 30-minute price point," Rumy said. "It represents a real breakthrough in product safety that could save thousands of lives every year, and yet it is economically competitive with chemically-treated bedding materials that do not meet the 60-minute standard and tend to become less safe over time as the chemical treatment erodes. By contrast, the flame resistance of PyroGon does not degrade over the entire lifetime of the bedding product." The law requiring flame-resistant mattresses is now effective in California, but enforcement may be postponed until the federally mandated standards are established in the near future. However, Rumy commented, "While it appears that chemically-treated fibers and some more expensive fibers can [ZOLTEK logo] Zoltek Pyron Sets New Standard For Safety In Children's Bedding Page 2 March 17, 2005 - ----------------------------------------------------------------------------- meet the minimum safety standards in the current California regulations, we believe that the segment of the market that is truly committed to incorporating an effective solution to the flame resistance problem at affordable price points is going to look to products containing Pyron." Zoltek currently manufactures and sells Pyron for various fire-retardant applications, including institutional mattresses and furniture. Zoltek began shipments of significant quantities of Pyron for this and other juvenile bedding applications. FOR FURTHER INFORMATION CONTACT: ZSOLT RUMY, CEO 3101 MCKELVEY ROAD ST. LOUIS, MO 63044 (314) 291-5110 This press release contains forward-looking statements, which are based upon the current expectations of the Company. Because these forward-looking statements are inherently subject to risks and uncertainties, there are a number of factors that could cause the Company's plans, actions and actual results to differ materially. Among these factors are the Company's ability to: re-activate its formerly idle manufacturing facilities on a timely and cost-effective basis, to meet current order levels for carbon fibers; successfully add new capacity for the production of carbon fiber and precursor raw material; execute plans to exit its specialty products business and reduce costs; achieve profitable operations; raise new capital and increase its borrowing at acceptable costs; manage changes in customers' forecasted requirements for the Company's products; continue investing in application and market development; manufacture low-cost carbon fibers and profitably market them; and penetrate existing, identified and emerging markets. The timing and occurrence (or non-occurrence) of transactions and events that determine the future effect of these factors on the Company, as well as other factors, may be beyond the control of the Company. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release. Zoltek is an applied technology and materials company. Zoltek's Carbon Fiber and Technical Fiber Business Units are primarily focused on the manufacturing and application of carbon fibers used as reinforcement material in composites, oxidized acrylic fibers for heat/fire barrier applications and aircraft brakes, and composite design and engineering to support the Company's materials business. Zoltek's Hungarian-based Specialty Products Business Unit, which the Company is pursuing plans to exit, manufactures and markets industrial materials. -----END PRIVACY-ENHANCED MESSAGE-----