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):
August 5, 2003
ULTRALIFE BATTERIES, INC.
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(Exact name of registrant as specified in its charter)
Delaware
(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.)
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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)
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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 August 5, 2003
Item 9. Regulation FD Disclosure.
The Company announced that it has been awarded a contract by the U. S. Army
Communications Electronic Command (CECOM), valued at $28 Million, for the
BA-5390/U battery. Shipments will begin in November 2003 and continue into the
first quarter of 2004. 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.
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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: August 5, 2003 By: /s/Peter F. Comerford
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Peter F. Comerford
Vice President - Administration &
General Counsel
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INDEX TO EXHIBITS
(99) Additional Exhibits
99.1 Press Release dated August 5, 2003
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Exhibit 99.1
Company Contact: Investor Relations Contact: Media Contact:
Ultralife Batteries, Inc. Lippert/Heilshorn & Associates, Inc. Lippert/Heilshorn & Associates, Inc.
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Peter Comerford Jody Burfening Chenoa Taitt
(315) 332-7100 (212) 838-3777 (212) 201-6635
pcomerford@ulbi.com jks@lhai.com ctaitt@lhai.com
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Ultralife Batteries, Inc. Awarded $28 Million Army Battery Contract
Newark, New York - August 5, 2003 - Ultralife Batteries, Inc. (NASDAQ: ULBI)
today announced that it has been awarded its largest contract to date for its
BA-5390/U battery valued at $28 million, by the U.S. Army Communications
Electronics Command (CECOM). Shipments will begin in November and continue into
the first quarter of 2004.
This contract announcement is unrelated to the upcoming Next Gen II Phase IV,
5-year battery procurement for this and other battery types, in which Ultralife
plans to participate through the normal bidding process.
John D. Kavazanjian, Ultralife's president and chief executive officer, said,
"This order supports our goal of reaching new levels of production, increased
revenue and profitability both for this year and next. In addition, it further
strengthens the foundation for sustainable growth in the upcoming year."
Joseph N. Barrella, Ultralife's senior vice president of new business
development, said, "We are pleased with the magnitude of this order, which
reflects the Army's confidence in our technology and ability to produce, and
reaffirms the continuing and increasing demand for this battery."
The BA-5390/U is a lithium/manganese dioxide primary (non-rechargeable) battery,
and, with 50 percent more energy, is an alternative to the 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 50 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 the Army.
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) and 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 of Ultralife Batteries, Inc.
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