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RICHARDSON ELECTRONICS, LTD. — Regulatory Filings 2004
Dec 17, 2004
33958_rns_2004-12-17_a6d8b0c9-4f11-4d64-a663-e1fb62b76155.zip
Regulatory Filings
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FORM 8K File:20041217-FY05Q3
| 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) : December 17, 2004
| ● |
|---|
| RICHARDSON ELECTRONICS, LTD. |
| (Exact name of registrant as |
| specified in its charter) |
| Delaware | 0-12906 | 36-2096643 |
|---|---|---|
| (State or other | ||
| jurisdiction | (Commission | (IRS Employer |
| of incorporation) | File Number) | Identification No.) |
| 40W267 Keslinger Road, P.O. Box 393, | ||
| LaFox, Illinois | 60147-0393 | |
| (Address of principal executive | ||
| offices) | (Zip Code) | |
| Registrant's telephone number, | ||
| including area code: | (630) 208-2200 | |
| (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): | |
| --- | --- |
| [X] | 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 8.01 Other Events |
|---|
| For Immediate |
| Release |
| For Details, Please
Contact: | |
| --- | --- |
| Mark Binder | Dario
Sacomani |
| Director Business Development Richardson Electronics,
Ltd. | Senior Vice President and Chief
Financial Officer Richardson Electronics,
Ltd. |
| Phone:
(630)208-2891 E-mail:
[email protected] | |
| Richardson Electronics, Ltd. Acquires Assets
From Evergreen Trading Co., Ltd. |
| --- |
| LaFox, IL USA, December 17, 2004: Richardson Electronics (Nasdaq: RELL), a global
provider of engineered solutions serving the Industrial Power
Markets, today announced the acquisition of assets from Evergreen
Trading Co. Ltd, a leading distributor of power components in
China. "Evergreen has been able to realize
exponential growth in the Chinese power conversion market
through their long standing relationships with customers
in the UPS and industrial markets", stated Murray Kennedy,
Executive Vice-President and General Manager of Richardson's
Industrial Power Group. "Like Richardson, Evergreen goes to
market through an engineered solutions approach by offering
technical services and design assistance. By expanding the
number of products that Evergreen will be able to offer their
customers, we are expecting growth to accelerate for our
Industrial Power Conversion products." Laurence Luoyunqiang, General Manager
of Evergreen added, "We are pleased to be a part of the
Richardson family. With Richardson's product strength and
financial backing we expect strong growth into the future."
Additional efficiencies in sales efforts, purchasing power,
marketing expenses and freight are also anticipated. This release includes certain "forward-looking"
statements as defined by the SEC. Statements in this press
release regarding the Company's business which are not historical
facts represent "forward-looking statements" that involve risks
and uncertainties. For a discussion of such risks and uncertainties,
which could cause actual results to differ from those contained in
the forward-looking statements, see "Risk Factors" in the Company's
annual report on form 10-K. The Company assumes no responsibility
to update the forward-looking statements in this release as a result
of new information, future events, or otherwise. About Evergreen Trading Co., Ltd. Evergreen has focused its sales efforts on providing
power components and devices to 1000+ small to medium sized customers.
Primary markets are inverters, UPS, Welding, and the Chinese government.
For more information on Evergreen Trading Co., Ltd. please visit: http://www.evergreen-chn.com . About Richardson Electronics'
Industrial Power Group The Industrial Power Group (IPG) is dedicated
to providing engineered solutions for customers ranging across a wide
spectrum of today's top markets, including semiconductor wafer fabrication
equipment, industrial heating, power supply, medical and automotive
industries. Richardson engineers design solutions for applications
such as plasma generation, dielectric & induction heating, laser,
welding, power supplies, and MRI. About Richardson
Electronics Richardson Electronics, Ltd. is a global
provider of “engineered solutions,” serving the RF and
wireless communications, industrial power conversion, security and
display systems markets. The Company delivers engineered solutions
for its customers’ needs through product manufacturing,
systems integration, prototype design and manufacture, testing and
logistics. Press announcements and other information about
Richardson are available on the World Wide Web at http://www.rell.com/investor.asp . |
| 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. | |
| RICHARDSON ELECTRONICS, | |
| LTD. | |
| Date: December | |
| 17, 2004 | By: /s/ D ARIO S ACOMANI |
| Name: Dario Sacromani Title: Senior Vice | |
| President and Chief | |
| Financial Officer |