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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) January 27, 1997
KOLLMORGEN CORPORATION
(Exact name of registrant as specified in its charter)
New York 1-5562 04-2151861
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
1601 Trapelo Road, Waltham, Massachusetts 02154
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (617) 890-5655
None
(Former name or former address, if changed since last report.)
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Item 5. Other Events
Attached hereto as Exhibit 99 is a statement describing certain risk
factors relating to forward-looking statements that the Company and its
representatives may make from time to time in its oral presentations,
press releases, and other written documents, including but not limited to
filings with the Securities and Exchange Commission.
Item 7. Financial Statements and Exhibits
(c) Exhibits -
99 "Risk Factors"
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Corporation has caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
KOLLMORGEN CORPORATION
By: /s/ Robert J. Cobuzzi
Robert J. Cobuzzi, Senior Vice President,
Treasurer and Chief Financial Officer
Date: January 27, 1997
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Exhibit 99
RISK FACTORS
The Company's forward-looking statements are subject to significant
risks and uncertainties, which may cause the Company s actual experience
to differ from its expectations. These risks and uncertainties include,
among other things, lower than expected revenues from the sale of its
existing motion technology and electro-optical instrument products and
services because of changes in product demand and market acceptance, a
recession in its domestic, European and Far East markets or the effect of
competitive products and pricing from large, multi-national motion
technology competitors, unanticipated product development costs,
moderating growth rates in commercial lines of business, lack of market
acceptance of new motor and related products because of lower than
expected levels of customer demand, technological difficulties in these
newly introduced products, or the timeliness of these product
introductions, unanticipated reduction in existing utility customers'
requirements for the Company's engineering services, the effect of
domestic and foreign economic conditions, foreign currency fluctuations in
the Company's markets, increased working capital needs, unexpected capital
expenditure requirements, financing arrangements not available either
because of the then current institutional lending environment or the
Company's inability to obtain financing because of its current leveraged
position, changes in government procurement policies, and the effect of
any changes in the Company s accounting policies.
In addition, the anticipated benefits of the proposed Gretag-Macbeth
joint venture previously announced on January 16, 1997, may not be
achieved depending upon a number of factors, including continued customer
demand for color instruments, currency fluctuations, the new venture's
ability to offer products for desktop publishing that consumers will want,
and the ability of Gretag-Macbeth to offer shares to European investors at
an attractive price.
