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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
February 21, 1997
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Date of Report (Date of earliest event reported)
M-Wave, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 33-45499 36-3809819
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
216 Evergreen Street, Bensenville, Illinois 60106
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(Address of principal executive offices) (Zip Code)
(630) 860-9542
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(Registrant's telephone number)
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ITEM 5. OTHER EVENTS.
On February 21, 1997, the Registrant announced that it had laid off 20
employees at its Bensenville Poly Circuits facility.
Reference is made to the Registrant's press release dated February 21,
1997 (Exhibit 1.)
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibit 1. Registrant's press release dated February 21, 1997
disclosing that the Registrant laid off 20 employees at its
Bensenville Poly Circuits facility.
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SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
M-WAVE, INC.
/s/ JOSEPH A. TUREK
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Joseph A. Turek
Dated: February 21, 1997 Chairman, President
and Chief Executive Officer
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EXHIBIT INDEX
EXHIBIT
NO. DESCRIPTION
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1 Registrant's press release dated February 21, 1997
disclosing that Registrant laid off 20 employees at its
Bensenville Poly Circuits facility.
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Exhibit 99.1
NEWS RE: M-WAVE, INC.
BULLETIN 215 Park Street
Bensenville, IL 60106
FROM
FRB TRADED: NASDAQ - MWAV
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The Financial Relations Board, Inc.
FOR FURTHER INFORMATION:
AT THE COMPANY: AT FRB CHICAGO:
Paul Schmitt Tad Gage Bill Schmidle
Chief Financial Officer General Info Analyst Contact
(630) 860-3560 (312) 640-6745 (312) 640-6753
FOR IMMEDIATE RELEASE
FEBRUARY 21, 1997
M-WAVE LAYS OFF 20 EMPLOYEES AT BENSENVILLE FACILITY
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BENSENVILLE, ILL., FEBRUARY 21, 1997 -- M-Wave, Inc. (Nasdaq:MWAV), a
manufacturer of microwave printed circuit boards used in wireless
communications, announced that it has laid off 20 employees at its Bensenville
Poly Circuits facility, and eliminated the second shift to more efficiently
utilize its operations.
Michael Bayles president and chief operating officer, explained: "This
layoff allows us to better focus on the basics within our operation. We will
move to a one shift operation while maintaining current production levels."
Headquartered in the Chicago suburb of Bensenville, Ill., M-Wave is a
manufacturer of microwave printed circuit boards worldwide through its wholly
owned subsidiaries, Poly Circuits and P C Dynamics. M-Wave's products are used
in a variety of industrial and military applications. The company trades on
the Nasdaq National Market under the symbol "MWAV."
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