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): September 12, 2000
VARI-L COMPANY, INC.
(Exact Name of Registrant as Specified in its Charter)
COLORADO 0-23866 06-0678347
(State of Incorporation) (Commission File (IRS Employer ID
Number) Number)
4895 Peoria Street
Denver, Colorado 80239
(Address of Principal Executive Offices)
(303) 371-1560
(Registrant's Telephone Number,
including Area Code)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) In the Company's Form 8-K filed on July 5, 2000, the Company
reported the resignation of Haugen, Springer & Co., P.C., as auditors
of the Registrant.
(b) Effective September 12, 2000, the Registrant retained KPMG LLP as
its new independent accountants to audit the Registrant's December 31,
2000 financial statements. The Company has authorized Haugen Springer
to respond fully to any inquiries from KPMG relating to its engagement
as the Company's independent accountant. Beginning in June 2000 and
through the date of engagement, the Audit Committee of the Company's
Board of Directors has consulted with KPMG LLP in connection with the
Committee's internal investigation of the Company's financial
reporting practices used in its prior financial statements which had
been previously audited by Haugen Springer, as more fully described in
the Company's Form 8-K filed on July 5, 2000. In connection with its
investigation, KPMG has issued a report to the Company dated September
14, 2000, a copy of which is attached hereto as Exhibit 99.1 and
incorporated by reference herein, which describes the views of KPMG
regarding the Company's prior accounting practices and procedures.
The Company has requested that KPMG review the disclosures above
and provided KPMG the opportunity to furnish the Company with a letter
addressed to the Securities and Exchange Commission regarding any new
information, clarification of the views expressed above, or the
respects in which it does not agree with the statements made in
response to this Item. KPMG has advised the Company that it does not
consider it necessary to furnish such a letter.
ITEM 5. OTHER EVENTS
On September 12, 2000, the Company issued a press release
relating to the planned restatement of the Company's previously
reported financial statements. A copy of the press release is filed
as Exhibit 99.2 hereto.
Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS
(a) None
(b) None
(c) Exhibits.
99.1 KPMG Letter Addressed to Audit Committee of Vari-L Company,
Inc., dated September 14, 2000
99.2 Press Release dated September 12, 2000
Date: September 15, 2000 VARI-L COMPANY, INC.
By:/s/ Peter Pappas
Peter Pappas
Chief Executive Officer
