-----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, SvBdt1m86OZgjCZoDFCSgIbBRWr/8mannvJw/x0YuiaOnWuwcw4XCFwnSBGK8O9X GK9LLHdbD2szfBbeBV6QDw== 0000891092-04-001018.txt : 20040227 0000891092-04-001018.hdr.sgml : 20040227 20040227171132 ACCESSION NUMBER: 0000891092-04-001018 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040227 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SPECTRUM CONTROL INC CENTRAL INDEX KEY: 0000092769 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 251196447 STATE OF INCORPORATION: PA FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-08796 FILM NUMBER: 04636376 BUSINESS ADDRESS: STREET 1: 8031 AVONIA ROAD CITY: FAIRVIEW STATE: PA ZIP: 16415 BUSINESS PHONE: 8148351650 MAIL ADDRESS: STREET 1: 8031 AVONIA ROAD CITY: FAIRVIEW STATE: PA ZIP: 16415 8-K 1 e17091_8k.txt FORM 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) February 27, 2004 Spectrum Control, Inc. - -------------------------------------------------------------------------------- Exact name of registrant as specified in its charter Pennsylvania 0-8796 25-1196447 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 8031 Avonia Road; Fairview, Pennsylvania 16415 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (814) 474-2207 - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report.) Item 7. Financial Statements and Exhibits (c) Exhibits - 99.1 Press Release of Spectrum Control, Inc. dated February 27, 2004 On February 27, 2004, Spectrum Control, Inc. issued a press release announcing it had acquired all of the outstanding common stock of Salisbury Engineering, Inc. A copy of the press release is attached as Exhibit 99.1. SIGNATURE 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 hereto duly authorized. SPECTRUM CONTROL, INC. (Registrant) Date: February 27, 2004 By: /s/ John P. Freeman --------------------------- (Signature) Senior Vice President and Chief Financial Officer EX-99.1 3 e17091ex99-1.txt PRESS RELEASE Exhibit 99.1 Spectrum Control Acquires Salisbury Engineering, Inc. FAIRVIEW, Pa., Feb. 27 /PRNewswire-FirstCall/ -- Spectrum Control, Inc. (Nasdaq: SPEC), a leading designer and manufacturer of electronic control products and systems, today announced that it has acquired all of the outstanding common stock of Salisbury Engineering, Inc. ("SEI"). SEI, a privately-held company in Delmar, Delaware, designs and manufactures a full line of RF and microwave components and systems used primarily in military and aerospace applications. Annual sales for the company were approximately $4 million in the calendar year 2003. SEI currently employs approximately 40 people. Dick Southworth, Spectrum Control's President and Chief Executive Officer, commented, "With this acquisition, we are significantly expanding our microwave technology and product offerings. SEI's current products include microwave synthesizers, multiple channel filter banks and preselectors, and GPS low noise amplifiers. These complex systems incorporate advanced technologies and significantly expand our microwave capabilities. In addition, SEI's microwave component offerings (miniature chip filters, lumped element filters, band reject filters, cavity filters, and waveguides) are a natural complement to our existing frequency control product group. The expansion of our product offerings, particularly with more complex advanced systems, is a major element of our current strategic focus and long-term growth plan," he concluded. About Spectrum Control Spectrum Control is a leading designer and manufacturer of components and systems used to condition, regulate, transmit, receive, or govern electronic performance. The Company's largest markets are telecommunications equipment and military/aerospace, with applications in wireless base stations, broadband switching equipment, global positioning systems, secure communications, smart weapons and munitions, and avionic upgrades. Automotive represents an emerging market for the Company's products, with significant applications in DC motors, telematics, and electronic safety controls. Other markets for the Company's products include medical instrumentation, industrial equipment, computers, and storage devices. For more information about Spectrum Control and its products, please visit the Company's website at www.spectrumcontrol.com . SOURCE Spectrum Control, Inc. -0- 02/27/2004 /CONTACT: Corporate Headquarters, +1-814-474-2207, or Fax, +1-814-474-2208, or Investor Relations, John P. Freeman, Senior Vice President and Chief Financial Officer, +1-814-474-4310, both of Spectrum Control, Inc./ /Web site: http://www.spectrumcontrol.com / (SPEC) CO: Spectrum Control, Inc.; Salisbury Engineering, Inc. ST: Pennsylvania, Delaware IN: CPR ECP SU: TNM -----END PRIVACY-ENHANCED MESSAGE-----