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): January 7, 2004 --------------- Ibis Technology Corporation (Exact name of registrant as specified in its charter) Massachusetts 0-23150 04-2987600 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 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 7. Financial Statements, Pro Forma Financial Information and Exhibits (c) Exhibits. Exhibit 99.1: Press Release dated January 7, 2004 Item 9. Regulation FD Disclosure Ibis Technology Corporation today announced that it has learned that a purported class action lawsuit was filed on December 29, 2003 in the United States District Court in Massachusetts against Ibis Technology and Martin J. Reid, its President and CEO, relating to certain disclosures by the Company. The Company's press release dated January 7, 2004 announcing this class action is attached hereto as Exhibit 99.1. Ibis' website (www.ibis.com) contains a significant amount of information about Ibis, including financial and other information for investors. Ibis encourages investors to visit its web site from time to time, as information is updated and new information is posted. 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 --------------------------- Date: January 7, 2004 /s/Debra L. Nelson ---------------------------------------- Debra L. Nelson, Chief Financial Officer EXHIBIT INDEX ------------- Exhibit Number Description - ------ ----------- 99.1 Purported Class Action Filed Against Ibis Technology and its Chief Executive Officer