-----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, ICfh0o2OF0chGubJipvnXdEY3JgX2nKTLKf5nfO15+lrs8EhCFShV1VOrpAbmsPi fBQSQNaxrVItmMRt3z/t7w== 0000090045-07-000033.txt : 20070802 0000090045-07-000033.hdr.sgml : 20070802 20070802123827 ACCESSION NUMBER: 0000090045-07-000033 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070801 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070802 DATE AS OF CHANGE: 20070802 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PARAGON TECHNOLOGIES INC CENTRAL INDEX KEY: 0000090045 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION, MINING & MATERIALS HANDLING MACHINERY & EQUIP [3530] IRS NUMBER: 221643428 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15729 FILM NUMBER: 071019360 BUSINESS ADDRESS: STREET 1: 600 KUEBLER ROAD CITY: EASTON STATE: PA ZIP: 18040 -929 BUSINESS PHONE: 6102523205 MAIL ADDRESS: STREET 1: 600 KUEBLER RD CITY: EASTON STATE: PA ZIP: 18040-9295 FORMER COMPANY: FORMER CONFORMED NAME: SI HANDLING SYSTEMS INC DATE OF NAME CHANGE: 19920703 8-K 1 f8-k.txt FORM 8-K - L. JACK BRADT RETIRES 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): August 1, 2007 --------------------- PARAGON TECHNOLOGIES, INC. (Exact Name of Issuer as Specified in Charter) --------------------- DELAWARE 1-15729 22-1643428 (State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Incorporation or Organization) Identification Number) 600 KUEBLER ROAD, EASTON, PENNSYLVANIA 18040 (Address of Principal Executive Offices) (610) 252-3205 (Registrant's Telephone Number, Including Area Code) (Former name or former address, if changed since last report) --------------------- Check the appropriate box below if the Form 8-K 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 [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act This Current Report on Form 8-K is filed by Paragon Technologies, Inc., a Delaware corporation ("Paragon" or the "Company"), in connection with the matters described herein. Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers (b) On August 2, 2007, Paragon announced that L. Jack Bradt, age 79, Founder, Former Chairman, President, and Chief Executive Officer retired from the Board of Directors on August 1, 2007. Mr. Bradt's retirement is not as a result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. A copy of the press release announcing the retirement of Mr. Bradt and the results of the 2007 Annual Meeting of Stockholders is attached hereto as Exhibit 99.1 and incorporated herein by reference. Item 9.01. Financial Statements and Exhibits The following exhibits are filed with this Form 8-K: (c) Exhibit No. Description ---------- ----------- 99.1 Press Release of Paragon Technologies, Inc. dated August 2, 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. PARAGON TECHNOLOGIES, INC. Date: August 2, 2007 By: /s/ Leonard S. Yurkovic ----------------------------- Leonard S. Yurkovic Acting CEO Index of Exhibits ----------------- (c) Exhibit No. Description 99.1* Press Release of Paragon Technologies, Inc. dated August 2, 2007. - -------------- * Filed herewith EX-99 2 ex99-1.txt EXHIBIT 99.1 - 2007 ANNUAL MEETING RESULTS [PARAGON TECHNOLOGIES, INC. LOGO] NEWS - -------------------------------------------------------------------------------- FOR: IMMEDIATE RELEASE CONTACTS: Leonard S. Yurkovic, Acting CEO 610-252-3205 610-252-3102 (Fax) www.ptgamex.com PARAGON TECHNOLOGIES ANNOUNCES RESULTS OF 2007 ANNUAL MEETING OF STOCKHOLDERS - - - - - L. Jack Bradt, Founder and Former Chairman and President and CEO Retires from the Board of Directors EASTON, PA -- August 2, 2007 -- Paragon Technologies, Inc. (Amex:PTG), a leading supplier of "smart" material handling systems and "software-driven" warehouse and distribution center solutions, announced the results of the vote taken at its Annual Meeting of Stockholders held in Bethlehem, Pennsylvania yesterday. Ninety-three percent of all of the outstanding shares of Paragon Technologies, Inc. were voted at the Annual Meeting of Stockholders. As a result of the voting, all five Directors proposed by the Board of Directors were elected. Elected to the Board of Directors for a one-year term or until their successors have been elected and qualified were: o Robert J. Blyskal o Theodore W. Myers o Anthony W. Schweiger o Samuel L. Torrence o Leonard S. Yurkovic Also at the Annual Meeting, the stockholders did not approve the Company's 2007 Equity Incentive Plan. In other news, L. Jack Bradt, age 79, Founder, Former Chairman, President, and Chief Executive Officer retired from the Board of Directors yesterday. Len Yurkovic, Acting CEO of Paragon Technologies, Inc., commented, "Jack Bradt has devoted his entire career to the Company, and his vision and persistence created the foundation for the high respect that the Company now enjoys in the markets it serves. Words cannot adequately express our thanks and appreciation to Jack Bradt for his lifetime contribution. On behalf of the Board of Directors and employees of the Company, I would like to thank Jack for all that he has done for the Company." [MORE] We Build Productivity [SI SYSTEMS LOGO] - -------------------------------------------------------------------------------- PARAGON TECHNOLOGIES, INC. o 600 Kuebler Road o Easton, PA 18040-9201 o 610.252.3205 o Fax 610.252.3102 www.ptgamex.com [PARAGON TECHNOLOGIES, INC. LOGO] Page 2 - -------------------------------------------------------------------------------- No other proposals were presented for action at the Annual Meeting of Stockholders. Paragon's SI Systems' branded technologies drive productivity at Fortune 1000 companies and the United States Government. About Paragon Technologies Paragon Technologies is a leader in integrating material handling systems and creating automated solutions for material flow applications. SI Systems' branded technologies and material handling solutions address unit assembly in manufacturing operations and order fulfillment applications. One of the top material handling systems suppliers worldwide, SI Systems leading clients have included the United States Postal Service, BMG, Peterbilt, Honda, CVS Pharmacy, and Maybelline. * * * - ----------------------------- Cautionary Statement. Certain statements contained herein are not based on historical fact and are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities and Exchange Commission rules, regulations and releases. Paragon intends that such forward-looking statements be subject to the safe harbors created hereby. Among other things, the forward-looking statements regard Paragon's earnings, liquidity, financial condition, review of strategic alternatives, and other matters. Words or phrases denoting the anticipated results of future events, such as "anticipate," "does not anticipate," "should help to," "believe," "estimate," "is positioned," "expects," "may," "will," "is expected," "should," "continue," and similar expressions that denote uncertainty, are intended to identify such forward-looking statements. Paragon's actual results, performance, or achievements could differ materially from the results expressed in, or implied by, such "forward-looking statements:" (1) as a result of factors over which Paragon has no control, including the strength of domestic and foreign economies, sales growth, competition, and certain cost increases; and (2) if the factors on which Paragon's conclusions are based do not conform to its expectations. The forward-looking statements contained in this press release may become outdated over time. Paragon does not assume any responsibility for updating any forward-looking statements. Furthermore, achievement of the objectives of the Company is subject to certain risks, including, but not limited to, those risks outlined in Paragon's filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2006 and the most recent quarterly report on Form 10-Q for the quarter ended March 31, 2007. This press release and prior releases are available at www.ptgamex.com. --------------- -----END PRIVACY-ENHANCED MESSAGE-----