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
October
20, 2009
(Date of Report)
ULTRALIFE
CORPORATION
(Exact
name of registrant as specified in its charter)
|
Delaware |
000-20852 |
16-1387013 |
|
(State of incorporation) |
(Commission File Number)
|
(IRS 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)
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 8.01 Other Events.
M-ATV SOTM Order Status.
On October 20, 2009, Ultralife Corporation (the “Company”) commented on the MRAP All Terrain Vehicle (“M-ATV”) SATCOM-On-The-Move (“SOTM”) order status. In response to a program status requested by an elected representative on the Company’s behalf, management has been informed that the U.S. Defense Department had intended to place orders for the Company’s SOTM systems through the Company’s defense contractor customer. However, since there was only one contract in place in time to meet the delivery for SOTM systems under the M-ATV program, orders are being placed with a defense contractor other than the Company’s customer. The Company’s press release is attached as Exhibit 99.1 to this Form 8-K.
New SOTM Order.
On October 20, 2009, the Company also announced the receipt of an order for SOTM systems from a U.S. defense contractor pursuant to that contractor’s Indefinite Delivery/Indefinite Quantity contract to supply those systems for use in a variety of military vehicles unrelated to the M-ATV program. The Company's press release is attached as Exhibit 99.2 to this Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press Release, dated October 20, 2009, re M-ATV SOTM Order Status | |
| 99.2 | Press Release, dated October 20, 2009, re New SOTM Order |
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.
|
Date: |
October 20, 2009 |
ULTRALIFE CORPORATION |
|
|
|
/s/ Peter F. Comerford |
|
Peter F. Comerford |
||
|
Vice President of Administration & |
||
|
General Counsel |
Exhibit 99.1
Ultralife Corporation Comments on M-ATV SATCOM-On-The-Move System Order Status
NEWARK, N.Y.--(BUSINESS WIRE)--October 20, 2009--Ultralife Corporation (NASDAQ: ULBI) commented on the M-ATV SATCOM-On-The-Move System (SOTM) order status. In response to a program status requested by an elected representative on the company’s behalf, management has been informed that the U.S. Defense Department had intended to place orders for the company’s SOTM systems through the company’s defense contractor customer. However, since there was only one contract in place in time to meet the delivery schedule for SOTM systems under the MRAP All Terrain Vehicle (M-ATV) program, orders are being placed with a defense contractor other than the company’s customer. Ultralife does not have information through any official government posting to confirm details of orders for SOTM systems under the M-ATV program.
Additionally, Ultralife had been shipping SATCOM system cables to the vehicle prime contractor for the M-ATV program for installation during vehicle assembly. Management has been notified by the vehicle prime contractor that it will not be placing additional orders for cables related to the M-ATV program.
Separately, Ultralife is announcing today that it has received an order for SOTM systems unrelated to the M-ATV program valued at approximately $20 million.
About Ultralife Corporation
Ultralife Corporation, which began as a battery company, now serves its markets with products and services ranging from portable and standby power solutions to communications and electronics systems. Through its engineering and collaborative approach to problem solving, Ultralife serves government, defense and commercial customers across the globe.
Ultralife’s family of brands includes: Ultralife Batteries, Stationary Power Services, RPS Power Systems, ABLE, McDowell Research, RedBlack Communications and AMTI. Ultralife’s operations are in North America, Europe and Asia. For more information on Ultralife, visit www.ultralifecorp.com.
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. The Company cautions investors not to place undue reliance on forward-looking statements, which reflect the Company’s analysis only as of today’s date. The Company undertakes no obligation to publicly update forward-looking statements to reflect subsequent events or circumstances. 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.
CONTACT:
Ultralife Corporation
Julius Cirin, 315-332-7100
jcirin@ultralifecorp.com
or
Investor
Relations:
Lippert/Heilshorn & Associates, Inc.
Jody
Burfening, 212-838-3777
jburfening@lhai.com
Exhibit 99.2
Ultralife Corporation Receives $20 Million SATCOM-On-The-Move System Order
Company also Received and Supplied Systems against Additional $2 Million Order
NEWARK, N.Y.--(BUSINESS WIRE)--October 20, 2009--Ultralife Corporation (NASDAQ: ULBI) has received an order valued at approximately $20 million for its SATCOM-On-The-Move systems from a U.S. defense contractor under its Indefinite Delivery/Indefinite Quantity (IDIQ) contract for use in a variety of military vehicles unrelated to the MRAP All Terrain Vehicle (M-ATV) program. The company received an additional order valued at approximately $2 million for its SATCOM-On-The-Move systems directly from the U.S. Navy’s Space and Naval Warfare Systems Command (SPAWAR), which was shipped in the third quarter. Deliveries against the $20 million IDIQ order are expected to begin this quarter and be completed in the first quarter of 2010.
“These orders illustrate the broad need for SATCOM systems in various military vehicle programs. Our SATCOM systems will be installed in a variety of existing vehicles, such as HUMVEEs and MRAPs,” said John D. Kavazanjian, president and chief executive officer. “We are pleased that our battle-tested SATCOM systems combined with our proven ability to meet customer requirements continue to gain recognition for being one of the preferred choices for critical defense communications applications. We are continuing to aggressively tackle sales opportunities with both U.S. and allied defense organizations for our SATCOM and other advanced communications systems.”
About Ultralife Corporation
Ultralife Corporation, which began as a battery company, now serves its markets with products and services ranging from portable and standby power solutions to communications and electronics systems. Through its engineering and collaborative approach to problem solving, Ultralife serves government, defense and commercial customers across the globe.
Ultralife’s family of brands includes: Ultralife Batteries, Stationary Power Services, RPS Power Systems, ABLE, McDowell Research, RedBlack Communications and AMTI. Ultralife’s operations are in North America, Europe and Asia. For more information on Ultralife, visit www.ultralifecorp.com.
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. The Company cautions investors not to place undue reliance on forward-looking statements, which reflect the Company’s analysis only as of today’s date. The Company undertakes no obligation to publicly update forward-looking statements to reflect subsequent events or circumstances. 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.
CONTACT:
Ultralife Corporation
Julius Cirin, 315-332-7100
jcirin@ultralifecorp.com
or
Investor
Relations:
Lippert/Heilshorn & Associates, Inc.
Jody
Burfening, 212-838-3777
jburfening@lhai.com