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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):
November 12, 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.)
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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)
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 November 12, 2003
Item 9. Regulation FD Disclosure.
The Company announced that it has received an order valued at approximately $1.4
million from the U.S. Army Communications and Electronics Command (CECOM) for
its BA-5372/U military batteries. 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: November 12, 2003 By: /s/Peter F. Comerford
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Peter F. Comerford
Vice President - Administration &
General Counsel
2
Index to Exhibits
(99) Additional Exhibits
99.1 Press Release dated November 12, 2003
3
Exhibit 99.1
Ultralife Batteries, Inc. Receives $1.4 Million U.S. Army Battery
Order
NEWARK, N.Y.--(BUSINESS WIRE)--Nov. 12, 2003--Ultralife Batteries,
Inc. (NASDAQ: ULBI) has received an order valued at approximately $1.4
million from the U.S. Army Communications and Electronics Command
(CECOM) for its BA-5372/U military batteries. The order represents
another production release under the $32 million NextGen II, 5-year
Small Cylindrical Battery contract, which CECOM awarded to Ultralife
in June 2002. The company expects to deliver against the order in late
2004.
John D. Kavazanjian, Ultralife's president and chief executive
officer, said, "As anticipated, we have received another production
release for this battery under our Next Gen II contract. This order
will contribute to the guidance we provided in our 3rd quarter
earnings announcement for $100 million in revenue in 2004. We expect
to receive additional production releases throughout 2004 and over the
remaining life of the contract."
NextGen II is CECOM's five-year acquisition strategy with
production contracts awarded to provide three types of primary
(non-rechargeable) lithium-manganese dioxide batteries to the U.S.
Army. The three battery types - BA-5372/U, BA-5367/U and BA-5368/U -
comprise the Small Cylindrical Cell Lithium Manganese Dioxide Battery
Group. A major objective of this five-year acquisition strategy is to
establish and maintain a domestic production base of a sufficient
capacity to timely meet peacetime demands and have the ability to
surge quickly to meet deployment demands.
The BA-5372/U battery is used for memory backup primarily for the
AN/PRC-119 MANPACK Single Channel Ground and Airborne Radio System
(SINCGARS), and in numerous other applications including encryption
and cryptographic devices, and the Patriot Missile System.
About Ultralife Batteries, Inc.
Ultralife is a leading developer, manufacturer, and marketer of
standard and customized lithium primary (non-rechargeable), lithium
ion and lithium polymer rechargeable batteries. Ultralife's
high-energy batteries use advanced lithium technology and are used in
military, industrial and consumer portable electronic products.
Through its range of standard products and ability to customize for a
wide range of applications, Ultralife is able to provide the next
generation of battery solutions. OEM, retail and government customers
include Energizer, Kidde Safety, Philips Medical Systems, Radio Shack
and the national defense agencies of the United States and United
Kingdom, among others.
Ultralife's headquarters, principal manufacturing and research
facilities are in Newark, New York, near Rochester. Ultralife (UK)
Ltd., a second manufacturing and research facility, is located in
Abingdon, U.K. Both facilities are ISO-9001 certified.
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.
Note to editors: Photos for the battery and application mentioned
in this release, and other Ultralife military batteries are available
at: http://www.ultralifebatteries.com/milphoto.asp
Ultralife(R) is a registered trademark of Ultralife Batteries,
Inc.
CONTACT: Ultralife Batteries, Inc.
Peter Comerford
(315) 332-7100
pcomerford@ulbi.com
or
Investor Relations Contact:
Lippert/Heilshorn & Associates, Inc.
Jody Burfening
(212) 838-3777
jburfening@lhai.com
or
Media Contact:
Lippert/Heilshorn & Associa
Chenoa Taitt
(212) 201-6635
ctaitt@lhai.com