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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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) JULY 28, 1998
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OAK TECHNOLOGY, INC.
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
DELAWARE 0-25298 77-0161486
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(STATE OR OTHER JURISDICTION OF (COMMISSION FILE NUMBER) (IRS EMPLOYER
OF INCORPORATION) IDENTIFICATION NO.)
139 KIFER COURT, SUNNYVALE, CALIFORNIA 94086
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (408) 737-0888
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NONE
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(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT.)
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ITEM 5. OTHER EVENTS.
On July 28, 1998, the registrant announced in a press release the
resignation of Sidney S. Faulkner, its Chief Financial Officer. A copy of
the press release issued in connection with this announcement is incorporated
herein by reference and is attached hereto as Exhibit 99.
EXHIBIT NO. EXHIBIT
99 Press Release dated July 28, 1998
SIGNATURE
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 thereunto duly authorized.
OAK TECHNOLOGY, INC.
Date: July 30, 1998
By: /s/ Shawn M. Soderberg
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Name: Shawn M. Soderberg
Title: Vice President and General Counsel
1
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EXHIBIT INDEX
EXHIBIT NO. EXHIBIT
99 Press Release dated July 28, 1998
2
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PRESS RELEASE
OAK TECHNOLOGY ANNOUNCES RESIGNATION OF CFO SIDNEY S. FAULKNER
SUNNYVALE, Ca. (7/28/98) --- Oak Technology (NASDAQ: OAKT), a provider of
high-performance semiconductors for the optical storage, consumer electronics
and digital office equipment markets, today announced that Sidney S.
Faulkner, its Chief Financial Officer, has resigned to pursue personal
interests. Mr. Faulkner joined the company in 1991 as Corporate Controller
and was named Chief Financial Officer in 1993.
"Sid leaves us with a very strong financial and administrative organization
and we wish him the very best in the future," stated Richard Black, president
of Oak Technology. The Company announced that Mr. Ron Wilderink, VP Corporate
Controller, will assume the role of acting Chief Financial Officer.
ABOUT OAK TECHNOLOGY
Founded in 1987, Oak Technology, Inc. designs, develops and
markets high-performance semiconductors and related software to original
equipment manufacturers worldwide who serve the optical storage, consumer
electronics, and digital office equipment markets. Oak has subsidiaries in
Japan (Oak Technology K.K.); Taiwan (Oak Technology, Taiwan); Andover, Mass.
(Pixel Magic, Inc.); and Bristol, England (Oak Technology Limited).
Additional information about Oak Technology and its products can be found on
the World Wide Web at www.oaktech.com.
Oak Technology and the Oak logo are registered trademarks of
Oak Technology, Inc. Pixel Magic is a trademark of Oak Technology. All other
product names or company names are mentioned for identification purposes
only, and may be trademarks of their respective owners.
