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
ALYN CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Delaware 000-21153 33-0709359
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(STATE OR OTHER (COMMISSION FILE NUMBER) (I.R.S. EMPLOYER
JURISDICTION OF IDENTIFICATION NO.)
INCORPORATION)
16761 Hale Avenue 92606
Irvine, California
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
Registrant's telephone number, including area code (949) 425-1525
Not Applicable
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(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
<PAGE>
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
The Registrant has engaged Deloitte & Touche LLP to be its principal accountant
effective February 4, 2000, to audit its accounting statements for the year
ended December 31, 1999. In an 8-K/A filed on January 24, 2000, the Registrant
explained that it had dismissed, and therefore terminated its client-auditor
relationship with, PricewaterhouseCoopers LLP, its previous principal accountant
with respect to the audit of the Registrant's financial statements.
ITEM 5. OTHER EVENTS
On February 8, 2000, the Registrant announced that it has appointed Mr.
Raymond Brooks to the position of Vice President, Chief Financial Officer.
Mr. Brooks joined the Registrant in this capacity on January 3, 2000.
Mr. Brooks was most recently the Chief Financial Office and Director of
Administration for Rohm Electronics, USA, LLC, based in Nashville, Tennessee, a
subsidiary of Rohm Co. Ltd., Kyoto, Japan, a manufacturer and distributor of
electronic components to the automotive, computer, telecommunications and
consumer industries. Mr. Brooks earned his Master of Business Administration
degree, with honors, from Golden Gate University in San Francisco, and has a
Bachelor of Science degree, with honors, from Arizona State University.
Alyn has issued a press release announcing the appointment of Mr. Brooks, which
press release is filed herewith as an exhibit and incorporated herein by
reference.
ITEM 7. FINANCIAL STATEMENT AND EXHIBITS
Exhibit A. Press Release of Alyn issued February 8, 2000.
<PAGE>
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.
ALYN CORPORATION
February 8, 2000 /s/ Raymond Brooks
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Raymond Brooks
Chief Financial Officer
[ALYN CORPORATION LOGO]
Engineered Solutions Through A NASDAQ Company
Metal Matrix Technology (ALYN)
For Immediate Release
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CONTACT: Arne van Roon
President and CEO
(949) 475-1525
Email: [email protected]
FOR IMMEDIATE RELEASE
---------------------
ALYN CORPORATION APPOINTS RAY E. BROOKS
VICE PRESIDENT, CHIEF FINANCIAL OFFICER AND
DELOITTE & TOUCHE LLP AS INDEPENDENT
ACCOUNTANTS AND AUDITORS
IRVINE, CALIFORNIA (February 8, 2000) -- Alyn Corporation (Nasdaq: ALYN),
a leader in the production of high performance Boralyn(R) and other proprietary
advanced metal matrix composite materials, announces the appointment of Ray
Brooks to the position of Vice President, Chief Financial Officer.
Mr. Brooks was most recently the CFO and Director of Administration for
Rohm Electronics, USA, LLC, based in Nashville, Tennessee, a subsidiary of
Rohm Co. Ltd., Kyoto, Japan, a manufacturer and distributor of Electronic
components to the automotive, computer, telecommunications and consumer
industries. Mr. Brooks earned his MBA degree, with Honors, from Golden Gate
University in San Francisco, and has a Bachelor of Science degree, with
Honors, from Arizona State University.
Mr. Brooks, 58, has extensive experience in implementing improvements in
systems and procedures, developing strategic direction, and utilizing "best
practices" to streamline operations and reduce expenses.
The company is also pleased to announce the appointment of Deloitte &
Touche LLP, effective February 4, 2000, as independent accountants and auditors.
Deloitte will perform an audit of the company's financial statements for the
year ended December 31, 1999.
Alyn Corporation provides customized metal matrix composite solutions to
meet the specific product needs of its customers in consumer and industrial
markets. The company designs, develops, and manufactures products utilizing its
high performance Boralyn(R) material.
For additional information, contact: Arne van Roon, Alyn Corporation,
(949) 475-1525 or email: [email protected].
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16761 Hale Avenue, Irvine, CA 92606-5006 USA
http://www.alyn.com (USA) http://www.alyn.co.uk (Europe)
<PAGE>
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: This release may contain forward-looking statements that involve risks and
uncertainties. Among the important factors which could cause actual results to
differ materially from those in the forward-looking statements are fluctuations
in quarterly operating results, limited historical revenues and prior losses,
the Company's limited manufacturing history, no assurances of market acceptance
of the Company's products in commercial quantities, the need for future capital,
rapid technological change and new product development, competition and other
factors detailed in the Company's filings with the Securities and Exchange
Commission including its recent filings on Forms 10-K and its registration
statement on Form S-3/A, filed with the Commission on July 15, 1998.
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16761 Hale Avenue, Irvine, CA 92606-5006 USA
http://www.alyn.com (USA) http://www.alyn.co.uk (Europe)
