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):
May 19, 2003
ULTRALIFE BATTERIES, INC.
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(Exact name of registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation or organization)
0-20852 16-1387013
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(Commission File Number) (I.R.S. Employer Identification No.)
2000 Technology Parkway, Newark, New York 14513
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(Address of principal executive offices) (Zip Code)
(315) 332-7100
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(Registrant's telephone number, including area code)
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 May 19, 2003
Item 9. Regulation FD Disclosure.
The Company announced the receipt of a multi-million dollar order from a
major consumer products company for a private-labeled version of its popular
9-volt lithium 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: May 19, 2003 By: /s/Robert W. Fishback
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Robert W. Fishback
Vice President - Finance and
Chief Financial Officer
2
Index to Exhibits
(99) Additional Exhibits
99.1 Press Release dated May 19, 2003
3
Exhibit 99.1
Company Contact:
Ultralife Batteries, Inc.
Julius Cirin
(315) 332-7100
jcirin@ulbi.com
Investor Relations Contact:
Lippert/Heilshorn & Associates, Inc.
Jody Burfening
(212) 838-3777
jks@lhai.com
Media Contact:
Lippert/Heilshorn & Associates, Inc.
Chenoa Taitt
(212) 201-6635
ctaitt@lhai.com
Ultralife Batteries, Inc. Announces Multi-Million Dollar Private Label Deal
Company's 9-Volt Lithium Batteries To Be Marketed Under Major Brand
Newark, New York - (May 19, 2003) - Ultralife Batteries, Inc. (NASDAQ: ULBI)
today announced the receipt of a multi-million dollar order from a major
consumer products company for a private-labeled version of its popular 9-volt
lithium battery. Production will begin this month for scheduled shipments
starting in June and extending throughout 2003.
John D. Kavazanjian, Ultralife's president and chief executive officer, said,
"This order, from a well-recognized consumer-brand company, represents a
significant accomplishment in our efforts to open new channels of distribution
for our products worldwide and will contribute to our $65 million revenue goal
for the year. We are extremely pleased and honored to have our battery
represented by a company known throughout the world for the high quality,
performance and brand recognition of its products."
Joseph N. Barrella, Ultralife's senior vice president of technology and new
business development, said, "The formation of this new business relationship is
a major achievement in the growth of our 9-volt product line. We look forward to
this relationship resulting in expansion in existing and new markets for this
and other products."
Ultralife's 9-volt lithium battery is a consumer-replaceable battery that lasts
up to five times longer than alkaline 9-volt batteries and up to 10 times longer
than carbon-zinc batteries. This primary (non-rechargeable) battery has the
highest energy density, flattest discharge voltage, longest shelf life, widest
operating temperature range, and lightest weight of any comparable-sized 9-volt
battery. The battery provides the longest life in commercial and consumer
applications including medical, wireless security, safety, music, and industrial
products.
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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