-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Tsv2SV4846fWcJf4anE26PbBXBhw5qaMMwO29+QJMksX7yBvrmvq/BeYcpfmRemJ +dPWxkvGy8fs+zqeH4u7cA== 0000006292-08-000008.txt : 20080212 0000006292-08-000008.hdr.sgml : 20080212 20080212165013 ACCESSION NUMBER: 0000006292-08-000008 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080211 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080212 DATE AS OF CHANGE: 20080212 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ANALYSTS INTERNATIONAL CORP CENTRAL INDEX KEY: 0000006292 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 410905408 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-04090 FILM NUMBER: 08599092 BUSINESS ADDRESS: STREET 1: 3601 WEST 76TH ST CITY: MINNEAPOLIS STATE: MN ZIP: 55435 BUSINESS PHONE: 952-835-5900 MAIL ADDRESS: STREET 1: 3601 WEST 76TH ST CITY: MINNEAPOLIS STATE: MN ZIP: 55435 8-K 1 form8_k.htm 8-K 2-12-08 form8_k.htm
 



 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC  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):  February 12, 2008 (February 11, 2008)


Analysts International Corporation
(Exact name of registrant as specified in its charter)
 
 
Minnesota
0-4090
41-0905408
(State or othis jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification Number)
 
 
3601 West 76th Street, Minneapolis, Minnesota
55435-3000
(Address for principal executive offices)
(Zip Code)
 
 
Registrant’s telephone number, including area code:   (952) 835-5900




Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-14(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 

 




 

 


Item 8.01
Other events.

On February 11, 2008, Analysts International Corporation (the “Company”) issued a press release stating its position with respect to the expression of interest in purchasing the Company by Koosharem Corporation.  The full text of the press release issued is set forth in Exhibit 99.1 which is attached to this Current Report and incorporated by reference as if fully set forth herein.

 
Item 9.01
Financial Statements and Exhibits.
 
(c) Exhibits.

Exhibit Number
Description
   
99.1
Press Release entitled “Analysts International Board Comments on Koosharem Filing” issued by Analysts International Corporation on February 11, 2008.

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 hereunto duly authorized.


Date:
February 12, 2008
ANALYSTS INTERNATIONAL CORPORATION
     
     
   
/s/ Robert E. Woods                    
   
Robert E. Woods
   
Senior Vice President, General Counsel and Secretary




 
2

 

EXHIBIT INDEX

Exhibit Number
Description
   
99.1
Press Release entitled “Analysts International Board Comments on Koosharem Filing” issued by Analysts International Corporation on February 11, 2008.
   


 
3

 

EX-99.1 2 exhibit99_1.htm EXHIBIT 99.1 exhibit99_1.htm
EXHIBIT 99.1



Contact:
Kekst and Company
Ruth Pachman/Andrea Calise
(212) 521-4891/ (212) 521-4845
ruth-pachman@kekst.com
andrea-calise@kekst.com


                                                                                                For Immediate Release


Analysts International Board Comments on Koosharem Filing


MINNEAPOLIS, MN, February 11, 2008 – Analysts International (NASDAQ: ANLY), in response to the unsolicited, contingent expression of interest from Koosharem Corporation made public in a recent 13D filing with the Securities and Exchange Commission, today reiterated that its Board of Directors believes the proposal is highly inadequate, opportunistic and does not reflect the long-term value of the transformation strategy recently launched by Analyst International’s new CEO.

Dr. Krzysztof K. Burhardt, Chairman of the Board, stated, “Our Board has carefully considered each expression of interest from Koosharem and determined each to be highly inadequate and conditional.

“In contrast, we have strong new leadership and a specific roadmap for shareholder value creation. Elmer Baldwin, as our new CEO, has developed a comprehensive strategic plan that addresses the company’s operational challenges and positions the company for profitability as a pure-play IT staffing and consulting enterprise. He has also taken steps to appoint a new management team that is highly qualified to execute this transformation. As a result, the Board believes that the best interest of shareholders lies in executing our plan.”

About Analysts International

Headquartered in Minneapolis, Analysts International Corporation (ANLY) is a diversified IT services company. With sales and customer support offices in the United States and Canada, Analysts International provides information technology solutions and staffing services, including: Technology Solutions, which provides network services, infrastructure, application integration, IP telephony and hardware solutions to the middle market; Professional Services, which provides highly skilled, project managers, business analysts, developers and other IT consultants to assist its clients with strategic change; and IT Resources Staffing, which provides best value, best response supply of resources to high-volume clients. For more information, visit www.analysts.com.

Forward-Looking Statements

This press release contains forward-looking information (within the meaning of the Private Securities Litigation Reform Act of 1995) about the Company’s financial condition and estimates, business prospects, strategic plans and other matters that involve substantial risks and uncertainties.  You can identify these statements by the use of words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “will,” and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Among the factors that could cause actual results to differ materially are the Company’s inability, in whole or in part, to implement or execute the Company’s new strategic plan and other economic, business, competitive and/or regulatory factors affecting the Company’s business generally, including those set forth in the Company’s Annual Report on Form 10-K for its most recent fiscal year, especially in the Management’s Discussion and Analysis section, its most recent Quarterly Report on Form 10-Q and its Current Reports on Form 8-K.  All forward-looking statements included in this press release are based on information available to the Company on the date of the press release.  The Company undertakes no obligation (and expressly disclaims any such obligation) to update forward-looking statements made in this press release to reflect events or circumstances after the date of the press release or to update reasons why actual results would differ from those anticipated in such forward-looking statements.
 
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