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): MARCH 27, 2001
IBIS TECHNOLOGY CORPORATION
------------------------------------------
(Exact name of registrant as specified in its charter)
MASSACHUSETTS 0-23150 04-2987600
- -------------- ------------- -------------------
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
32 CHERRY HILL DRIVE, DANVERS, MASSACHUSETTS 01923
-------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (978) 777-4247
ITEM 5. OTHER EVENTS.
On March 27, 2001, Ibis Technology Corporation publicly disseminated a press
release announcing a major expansion of its wafer manufacturing facility in
Danvers, Massachusetts. Ibis announced that the 15,000-square-foot expansion
will allow it to increase wafer production capacity and meet the anticipated
growth in customer demand for all SIMOX wafer products. As part of the
expansion, by the end of the year, Ibis expects to more than double the number
of oxygen implanters in the new facility for production of its entire line of
wafers. The expanded SIMOX wafer fab will become operational on April 1, 2001,
and includes a new and improved quality control lab.
The information contained in the press release is incorporated herein by
reference and filed as Exhibit 99.1 hereto.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibit.
99.1 Press Release dated March 27, 2001.
2
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 hereunto duly authorized.
IBIS TECHNOLOGY CORPORATION
---------------------------
(Registrant)
Date: March 28, 2001 /s/ Debra L. Nelson
-----------------------------------------
Debra L. Nelson, Chief Financial Officer
3
EXHIBIT INDEX
EXHIBIT SEQUENTIAL
NUMBER DESCRIPTION PAGE NUMBER
99.1 Press Release dated 5
March 27, 2001
4