-----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, MPnATWr4xJv4O4mTTPczk6Ejfp8Vb1AUv1lXROZafoOtvQvxTbHzdaIIvY23+8v+ xCm7a5m5sm3mXwmLcbWang== 0001193125-06-207467.txt : 20061013 0001193125-06-207467.hdr.sgml : 20061013 20061013132033 ACCESSION NUMBER: 0001193125-06-207467 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061006 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: 20061013 DATE AS OF CHANGE: 20061013 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STOCKERYALE INC CENTRAL INDEX KEY: 0000094538 STANDARD INDUSTRIAL CLASSIFICATION: OPTICAL INSTRUMENTS & LENSES [3827] IRS NUMBER: 042114473 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27372 FILM NUMBER: 061143817 BUSINESS ADDRESS: STREET 1: 32 HAMPSHIRE ROAD CITY: SALEM STATE: NH ZIP: 03079 BUSINESS PHONE: 6038938778 MAIL ADDRESS: STREET 1: 32 HAMPSHIRE ROAD CITY: SALEM STATE: NH ZIP: 03079 FORMER COMPANY: FORMER CONFORMED NAME: STOCKER & YALE INC DATE OF NAME CHANGE: 19950623 8-K 1 d8k.htm FORM 8-K 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): October 6, 2006

 


StockerYale, Inc

(Exact Name of Registrant as Specified in its Charter)

 


 

Massachusetts   000-27372   04-2114473

(State or other jurisdiction

of incorporation)

  (Commission File No.)  

(IRS Employer

Identification No.)

 

32 Hampshire Road

Salem, New Hampshire

  03079
(Address of principal executive offices)   (Zip Code)

(603) 893-8778

(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 (see General Instruction A.2. below):

 

¨ 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))

 



Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On October 6, 2006, the Board of Directors of StockerYale, Inc. (the “Company”), following a recommendation of the Governance, Nominating and Compensation Committee of the Board (the “GNC”), increased the Board size to seven members and elected Ben S. Levitan to the Board of Directors. Mr. Levitan has also been elected to the Audit Committee, replacing Dietmar Klenner who will continue to serve on the Board and the GNC. There are no arrangements or understandings between Mr. Levitan and any other persons pursuant to which Mr. Levitan was selected as a director, and there have been no transactions and are no currently proposed transactions to which the Company or any of its subsidiaries was or is a party in which Mr. Levitan has a material interest, which are required to be disclosed under Item 404(a) of Regulation S-K.

A press release dated October 10, 2006 announcing Mr. Levitan’s election to the Board of Directors is attached as Exhibit 99.1 to this current report and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1    Press Release of the Registrant, dated October 10, 2006.


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.

 

  StockerYale, Inc.
Date: October 13, 2006    
  By:  

/s/ Marianne Molleur

    Marianne Molleur
   

Senior Vice President and Chief

Financial Officer


EXHIBIT INDEX

 

Exhibit No.  

Description

99.1   Press Release of the Registrant, dated October 10, 2006.
EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

For Immediate Release

 

       Contact:
       Fred Pilon
       StockerYale, Inc.
      

603-893-8778

fpilon@stockeryale.com

StockerYale Appoints New Board Member

SALEM, N.H, October 10, 2006 — StockerYale, Inc., (NASDAQ: STKR), an independent provider of advanced illumination and optical products, today announced the appointment of Ben S. Levitan to its Board of Directors. Mr. Levitan is currently President of Cedalion Partners, a management and advisory firm. Prior to Cedalion, he served as Chief Executive Officer of EnvoyWorldWide, the leading provider of multi-modal notification services and engineered its acquisition by Par3 Communications in 2005.

Mr. Levitan has built a career of developing young, fast-cycle companies and driving them to profitability. While he was at EnvoyWorldWide revenues grew ten-fold and the customer base tripled before the sale of the company. Prior to joining EnvoyWorldWide, Mr. Levitan was chief operating officer at Viant Corporation (NASDAQ:VIAN), where he led the Internet services firm to unprecedented growth, increasing revenues by 60 percent and headcount by 82 percent. He also served as chief executive officer at James Martin & Co. (now Headstrong) and was responsible for leading the company to profitability while growing annual revenues over 50% to $121 million.

Mr. Levitan holds a seat on the Board of Directors of Primavera Systems, an enterprise software company and as an advisor to several early stage ventures in the software, retail and medical industries. He is also a member of the Council on Competitiveness and YPO. Mr. Levitan received his bachelor degree from Union College, in Schenectady, N.Y. and studied at the London School of Economics in London, England.

“Ben brings a fresh perspective and proven track record for helping companies grow and succeed to StockerYale,” said Mark W. Blodgett, President and Chief Executive Officer. “His experience and guidance will be invaluable as the Company positions itself for future growth,” added Blodgett.

ABOUT STOCKERYALE

StockerYale, Inc., headquartered in Salem, New Hampshire, is an independent designer and manufacturer of structured light lasers, LED modules, and specialty optical fibers for industry leading OEMs. In addition, the company manufactures fluorescent lighting products and phase masks. The Company serves a wide range of markets including the machine vision, industrial inspection, defense, telecommunication, sensors, and medical markets. StockerYale has offices and subsidiaries in the U.S., Canada, and Europe.

For more information about StockerYale and their innovative products, visit the Company’s web site at www.stockeryale.com or contact StockerYale, Inc., at 32 Hampshire Rd., Salem, NH, 03079. Call 800-843-8011, Fax 603-893-5604, Email: info@stockeryale.com.

NOTICE TO INVESTORS:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact, including without limitation, those with respect to StockerYale’s goals, plans and strategies set forth herein are forward-looking statements. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: uncertainty that cash balances may not be sufficient to allow StockerYale to meet all of its business goals; uncertainty that StockerYale’s new products will gain market acceptance; the risk that delays and unanticipated expenses in developing new products could delay the commercial release of those products and affect


revenue estimates; the risk that one of our competitors could develop and bring to market a technology that is superior to those products that we are currently developing; and StockerYale’s ability to capitalize on its significant research and development efforts by successfully marketing those products that the Company develops. Forward-looking statements represent management’s current expectations and are inherently uncertain. You should also refer to the discussion under “Factors Affecting Operating Results” in StockerYale’s annual report on Form 10-KSB and most recent quarterly report on Form 10-QSB for additional matters to be considered in this regard. Thus, actual results may differ materially. All Company, brand, and product names are trademarks or registered trademarks of their respective holders. StockerYale undertakes no duty to update any of these forward-looking statements.

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