================================================================================
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
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): FEBRUARY 4, 2000
AXSYS TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation or organization)
COMMISSION FILE NUMBER 0-16182 11-1962029
(I.R.S. Employer Identification Number)
910 SYLVAN AVENUE
ENGLEWOOD CLIFFS, NEW JERSEY 07632
(Address of principal executive offices) (Zip Code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (201) 871-1500
================================================================================
ITEM 5. OTHER EVENTS.
In a joint press release by Axsys Technologies, Inc. and Molex
Incorporated (Nasdaq: MOLX and MOLXA) on February 4, 2000 and a press release by
Axsys Technologies, Inc. on February 4, 2000, Axsys Technologies, Inc.,
announced it has entered into an agreement to sell the net assets of its Beau
Interconnect division. The text of these press releases is attached hereto as
Exhibit 99.1 and Exhibit 99.2. The latter press release also indicates that
Axsys Technologies, Inc. expects to implement a restructuring plan, to be
announced shortly, which will result in a non-recurring charge to earnings.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibit 99.1 Axsys Technologies, Inc. and Molex Incorporated
Joint Press Release dated February 4, 2000.
Exhibit 99.2 Axsys Technologies, Inc. Press Release dated
February 4, 2000
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.
Dated: February 8, 2000
AXSYS TECHNOLOGIES, INC.
(Registrant)
/s/ RAYMOND F. KUNZMANN
--------------------------------------------
Chief Financial Officer
(Principal Financial and Accounting Officer)