UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 29, 2006
Omega Flex, Inc.
(Exact name of registrant as specified in its charter)
| Pennsylvania | 000-51372 | 23-1948942 | |
| (State or other jurisdiction of | (Commission | (I.R.S. Employer | |
| incorporation or organization) | File No.) | Identification No.) |
| | | | | | | | | | | |
| 451 Creamery Way, Exton, PA | 19341 | |
| (Address of principal executive offices) | (Zip Code) |
| | | | | |
Registrant’s telephone number, including area code: | 610-524-7272 |
___________________________________________________________________________
(Former name or former address, if changed since last report.)
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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS –
This report and the exhibit or exhibits attached hereto, contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements as to management’s good faith expectations and beliefs, which are subject to inherent uncertainties which are difficult to predict, and may be beyond the ability of the Company to control. Forward-looking statements are made based upon management’s expectations and belief concerning future developments and their potential effect upon the Company. There can be no assurance that future developments will be in accordance with management’s expectations or that the effect of future developments on the Company will be those anticipated by management.
The words “believes,” “expects,” “intends,” “plans,” “anticipates,” “hopes,” “likely,” “will,” and similar expressions identify such forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Company (or entities in which the Company has interests), or industry results, to differ materially from future results, performance or achievements expressed or implied by such forward-looking statements.
Readers are cautioned not to place undue reliance on these forward-looking statements which reflect management’s view only as of the date of this Form 8-K. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements which may be made to reflect events or circumstance after the date hereof or to reflect the
occurrence of unanticipated events, conditions or circumstances. For additional information about risks and uncertainties that could adversely affect the Company’s forward-looking statements, please refer to the Company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2005.
Omega Flex, Inc.
SECTION 1 – Registrant’s Business and Operations
ITEM 1.01. Entry into a Material Definitive Agreement.
On March 27, 2006, Omega Flex, Inc, (the “Company”) entered into an Employment Agreement with Duane E. Shooltz as the Company’s Senior Vice President and General Manager of the Company’s TracPipe® flexible gas piping business. Mr. Shooltz will be responsible for the management of the day-to-day operations and affairs of the TracPipe® business in North America, including manufacturing, engineering, sales and marketing, and will report directly to Kevin R. Hoben, the Company’s President & CEO.
Mr. Shooltz has broad experience in the gas products market having worked in the industry, including his most recent employment with the Gastite Division of Titeflex Industries in Springfield, Massachusetts. The Company expects that Mr. Shooltz will assume his duties at the beginning of April 2006.
ITEM 9.01. FINANCIAL STATEMENT AND EXHIBITS
(c) | The following document is filed herewith as an exhibit to this Form 8-K: |
Exhibit 99.1 - Press Release
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, thereunto duly authorized.
| OMEGA FLEX, INC. |
| (Registrant) | |
| | | |
Date: March 29, 2006 | By: /s/ E. Lynn Wilkinson | |
| E. Lynn Wilkinson | |
| Vice President – Finance & CFO | |
| (Principal Financial and Accounting Officer) |
| | | | |
