UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
June 12, 2003
ULTRALIFE BATTERIES, INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation or organization)
0-20852 16-1387013
(Commission File Number) (I.R.S. Employer Identification No.)
2000 Technology Parkway, Newark, New York 14513
(Address of principal executive offices) (Zip Code)
(315) 332-7100
(Registrant's telephone number, including area code)
1
Item 7. Financial Statements, Pro Forma Financials and Exhibits.
(a) Financial Statements of Business Acquired.
Not applicable.
(b) Pro Forma Financial Information.
Not applicable.
(c) Exhibits.
99.1 Press Release dated June 12, 2003
Item 9. Regulation FD Disclosure.
The Company announced that it had received orders valued at approximately
$2.7 million from two of its U.S. battery distributors for its BA-5390/U lithium
military battery. Refer to the attached Exhibit 99.1 for the entire text of the
release, which Exhibit is being furnished but not filed in accordance with
Regulation FD.
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 hereunto duly authorized.
ULTRALIFE BATTERIES, INC.
Dated: June 12, 2003 By: /s/ Robert W. Fishback
-----------------------------
Robert W. Fishback
Vice President - Finance and
Chief Financial Officer
2
INDEX TO EXHIBITS
(99) Additional Exhibits
99.1 Press Release dated June 12, 2003
3
Exhibit 99.1
Company Contact: Investor Relations Contact: Media Contact:
Ultralife Batteries, Inc. Lippert/Heilshorn Lippert/Heilshorn
& Associates, Inc. & Associates, Inc.
Peter Comerford Jody Burfening Chenoa Taitt
(315) 332-7100 (212) 838-3777 (212) 201-6635
pcomerford@ulbi.com jburfening@lhai.com ctaitt@lhai.com
Ultralife Batteries, Inc. Receives $2.7 Million in Orders for Military Batteries
Newark, New York - (June 12, 2003) - Ultralife Batteries, Inc. (NASDAQ:
ULBI) today announced orders valued at approximately $2.7 million from two of
its U.S. battery distributors for its BA-5390/U lithium military battery.
Shipments have begun and are expected to be completed by August.
Nancy Naigle, Ultralife's vice president of sales & marketing, said, "Our
distributor business has been expanding rapidly and we are pleased to be able to
supply our key distributors with this popular battery for sale to military
installations in their territories. We anticipate continued growth in this sales
channel."
John Kavazanjian, Ultralife's president and chief executive officer, said,
"These orders further enhance our penetration into an important distribution
market that serves military bases throughout the U.S. and further solidifies the
market demand for our products."
The BA-5390/U is a lithium/manganese dioxide primary (non-rechargeable)
battery with 50 percent more energy than the alternative lithium/sulfur dioxide
BA-5590/U battery; the most widely used military battery in the U.S. Armed
Forces. The BA-5390/U is widely used to power more than 70 military
applications, such as the AN/PRC-119 SINCGARS (Single Channel Ground and
Airborne Radio System) and the Javelin Medium Anti-Tank Missile Control Launch
Unit. The BA-5390/U provides soldiers with the latest and best battery
technology in a cost effective manner. More energy in each battery provides
longer mission time with fewer batteries for soldiers to carry, and fewer
batteries to ship and dispose of, all of which reduce cost to military
organizations.
About Ultralife Batteries, Inc.
Ultralife is a leading developer, manufacturer, and marketer of customized
and standard lithium primary, lithium ion and lithium polymer rechargeable
batteries. Ultralife manufactures high-energy batteries utilizing advanced
lithium technology. Our Primary (non-rechargeable), lithium ion and lithium
polymer rechargeable batteries are used in military, industrial and consumer
portable electronic products. OEM and retail customers include Energizer, Kidde
Safety, Philips Medical Systems, Radio Shack, and the national defense agencies
of the United States, United Kingdom and Germany.
This press release may contain forward-looking statements based on current
expectations that involve a number of risks and uncertainties. The potential
risks and uncertainties that could cause actual results to differ materially
include: worsening global economic conditions, increased competitive environment
and pricing pressures, disruptions related to restructuring actions and delays.
Further information on these factors and other factors that could affect
Ultralife's financial results is included in Ultralife's Securities and Exchange
Commission (SEC) filings, including the latest Annual Report on Form 10-K.
Detailed information on Ultralife is available at the Company's web site,
www.ultralifebatteries.com.
Ultralife(R) is a registered trademark Ultralife Batteries, Inc.
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