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) May 12, 2000
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PARLEX CORPORATION
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(Exact Name of Registrant as Specified in Its Charter)
Massachusetts
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(State or Other Jurisdiction of Incorporation)
0-12942 04-2464749
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(Commission File Number) (IRS Employer Identification No.)
One Parlex Place, Methuen, Massachusetts 01844
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(Address of Principal Executive Offices) (Zip Code)
(978) 685-4341
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(Registrant's Telephone Number, Including Area Code)
Not applicable
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. OTHER EVENTS
Parlex Corporation (the "Company") is filing this Current Report on
Form 8-K for the purpose of filing with the Securities and Exchange
Commission as an exhibit hereto the Company's press release dated May 10,
2000, announcing that the Company has received a purchase order to provide
double-sided flexible circuits for a high volume cellular phone application
and that the award, for the initial production, is valued at $6.1 million.
Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits.
(99.2) Press Release dated May 10, 2000.
The exhibits listed in the Exhibit Index filed as part of this report
are filed as part of or are included in this report.
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.
PARLEX CORPORATION
(Registrant)
By: /s/ Peter J. Murphy
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Peter J. Murphy
President and
Chief Executive Officer
Dated: May 12, 2000
INDEX TO EXHIBITS
Exhibit
Number Exhibit
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99.2 Press Release
CONTACT:
Peter J. Murphy
President & CEO
(978) 946-2564
NASDAQ SYMBOL "PRLX"
FOR IMMEDIATE RELEASE
PARLEX CORPORATION WINS MAJOR WIRELESS COMPONENT ORDER
METHUEN, MASSACHUSETTS, May 12, 2000 - Parlex Corporation has received a
purchase order to provide double-sided flexible circuits for a high volume
cellular phone application. The award, for the initial production, is
valued at $6.1 million. Volume production shipments are expected to
commence in August and continue into early 2001.
Peter J. Murphy, president and chief executive officer, stated, ``This is
our second major cellular purchase order in the past two months. These
orders, along with our networking business, make telecommunications our
largest and fastest growing market segment. Our competitive edge on the
latest award was PALFlex, a patented process used for high volume, low
cost, double-sided circuitry. Developed originally for automotive
electronics, PALFlex is becoming the solution of choice for a variety of
applications.
Parlex Corporation is a leading provider of flexible interconnect solutions
to the automotive, telecommunications and networking, diversified
electronics, aerospace and computer markets. The Company operates seven
manufacturing facilities, which are located in Massachusetts, New
Hampshire, California, Rhode Island, China, Mexico, and the United Kingdom.
The foregoing contains certain forward-looking statements. The Company's
actual results of operations may differ significantly from those
contemplated by such forward-looking statements as a result of various
factors beyond its control, including economic conditions in the
electronics industry, particularly in the principal industry sectors served
by the Company, changes in customer requirements and in the volume of sales
to principal customers, competition and technological change. For a
detailed discussion of these and other cautionary statements, please refer
to Parlex's filings with the Securities and Exchange Commission.
