-----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, Txf2WyMpKI9+/iE0RxP09f8OdNdnZPNQjmgRTavsVTK9YoDoPcSPaHFjsX1m3pK7 8qI7KVA/AK/1r8kwkWmhyg== 0000912057-02-008425.txt : 20020415 0000912057-02-008425.hdr.sgml : 20020415 ACCESSION NUMBER: 0000912057-02-008425 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020222 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020304 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DAW TECHNOLOGIES INC /UT CENTRAL INDEX KEY: 0000882159 STANDARD INDUSTRIAL CLASSIFICATION: GENERAL BUILDING CONTRACTORS - NONRESIDENTIAL BUILDINGS [1540] IRS NUMBER: 870464280 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21818 FILM NUMBER: 02565354 BUSINESS ADDRESS: STREET 1: 2700 S 900 W CITY: SALT LAKE CITY STATE: UT ZIP: 84119 BUSINESS PHONE: 8019773100 MAIL ADDRESS: STREET 2: 2700 SOUTH 900 WEST CITY: SALT LAKE CITY STATE: UT ZIP: 84119 FORMER COMPANY: FORMER CONFORMED NAME: PRIMA ACQUISITIONS INC DATE OF NAME CHANGE: 19600201 8-K 1 a2072445z8-k.txt 8-K 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: February 22, 2002 (Date of earliest event reported) ------------------------------ DAW TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) UTAH 0-21818 87-0464280 (State or other jurisdiction Commission File Number (I.R.S. Employer of incorporation) Identification Number) 2700 SOUTH 900 WEST SALT LAKE CITY, UTAH 84119 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (801) 977-3100 N/A (Former Name or Former Address, if Changed Since Last Report) ITEM 5. OTHER EVENTS. On February 22, 2002, the Company named James (Jim) C. Collings, 47, as its Chief Executive Officer and as a member of its Board of Directors. From March 1998 to February 2002, Mr. Collings was a founder and Managing Director of Cornerstone Capital Group, LLC, a venture capital and leveraged buyout fund management company located in Salt Lake City, Utah. For approximately eight years prior to founding Cornerstone Capital Group, LLC, Mr. Collings was a corporate turnaround executive, serving as Chief Operating Officer and Chief Financial Officer of several companies in Colorado and California, including Colorado Directory Company, LLC, Vanguard Alliance Corporation, Tingley Homes, Inc., and Graphics Information, Inc. From July 1987 to February 1990 he was Chief Financial Officer of Kessler-Ehrlich Investments, Inc. in Denver, Colorado, and prior to that he was a Certified Public Accountant with Laventhol & Horwath (1983-1987) and Deloitte, Haskins & Sells (1979-1983). He holds a Bachelor of Science degree in accounting from the University of Utah and a Master's degree in accounting from Brigham Young University. Attached as Exhibit 99.1 is a copy of a press release issued by the Company on February 26, 2002 reporting the hiring of Mr. Collings. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
Exhibit Description - ------- ----------- 99.1 Press Release issued by Daw Technologies, Inc. on February 26, 2002
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 28, 2002 DAW TECHNOLOGIES, INC. By: /s/ Randy K. Johnson ----------------------------------- Name: Randy K. Johnson Title: Vice President, Secretary and General Counsel EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION 99.1 Press Release
EX-99.1 3 a2072445zex-99_1.txt EXHIBIT 99.1 BROKER CONTACT: MEDIA CONTACTS: B.J. Mendenhall Kevin Wilson David Politis Daw Technologies, Inc. Politis Communications Politis Communications 801-977-3100 801-523-3730 (wk) 801-523-3730 (wk) bjmendenhall@dawtech.com 801-898-5520 (cell) 801-671-8091(cell) kwilson@politis.com dpolitis@politis.com FOR IMMEDIATE RELEASE DAW TECHNOLOGIES NAMES NEW CHIEF EXECUTIVE OFFICER SALT LAKE CITY - FEBRUARY 26, 2002 -- DAW TECHNOLOGIES, INC. (OTC: DAWK) today announced that it has named James (Jim) C. Collings, 47, as the company's new chief executive officer (CEO). The company has been without a CEO since company founder Ronald W. Daw voluntarily left the company in early 2001 to become a Mission President for the Church of Jesus Christ of Latter-day Saints. Michael J. Shea will remain with the company as its president. "We are excited to have Jim come on board as our new CEO," said Bob Chamberlain, chairman of the board for Daw Technologies. "We are confident that he will be able to lead the company forward in achieving long-term growth and diversifying its business. Jim's comprehensive experience as a managing director and partner of a private equity fund, and as a chief executive officer and chief financial officer of various businesses make him ideally suited for his role with Daw Technologies." Collings brings to Daw Technologies more than 21 years of management experience. He is a former managing director and partner of Cornerstone Capital Group, LLC which has made significant investments in a number of prominent mid-size technology and manufacturing companies. During his tenure at Cornerstone, Collings served on several Boards of Directors and continues to serve as a director on the Board of PowerQuest Corporation. Prior to Cornerstone, Collings served for eight years as CFO for several management teams engaged in structuring and managing strategic corporate turnarounds. He also worked as a Certified Public Accountant at Deloitte, Haskins & Sells and at Laventhol & Horwath. Collings received a master's degree in accounting from Brigham Young University and a bachelor's degree in accounting from the University of Utah. "I'm excited to join Daw Technologies and I look forward to helping move the company forward in its business initiatives and goals," Collings said. ABOUT DAW Daw Technologies, Inc. provides advanced manufacturing environments for customers throughout the world, and specializes in the design, engineering and installation of cleanroom and mini-environment systems that meet stringent semiconductor and pharmaceutical manufacturing requirements. The company also provides contract manufacturing and specialized painting services on an OEM (original equipment manufacturer) basis for various customers. For further information, visit the company on the Internet at WWW.DAWTECH.COM or call 801-977-3100. # # # THIS NEWS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS THAT INVOLVE RISKS AND UNCERTAINTIES. ACTUAL RESULTS AND OUTCOMES MAY DIFFER MATERIALLY FROM THOSE DISCUSSED OR ANTICIPATED. FACTORS THAT MIGHT AFFECT ACTUAL OUTCOMES INCLUDE, BUT ARE NOT LIMITED TO, THE NATURE AND EXTENT OF THE RESPONSE OF THE COMPANY'S CUSTOMERS, VENDORS, LENDERS, AND SHAREHOLDERS, AND THE RESPONSE OF REGULATORY AUTHORITIES, TO THE CURRENT ACCOUNTING ISSUES RELATING TO THE COMPANY'S EUROPEAN OPERATIONS, THE POSSIBLE CANCELLATION OF EXISTING OR FUTURE CONTRACTS, POSSIBLE DECREASE IN DEMAND OF THE COMPANY'S PRODUCTS OR SERVICES, DECREASES IN CAPITAL SPENDING BY THE COMPANY'S CUSTOMERS, INCREASED COMPETITION IN THE CLEAN ROOM SEGMENT OF THE INDUSTRY, CUSTOMER REJECTION OF NEW PRODUCTS, A DECLINE IN DEMAND FOR PRODUCTS MANUFACTURED BY THE COMPANY'S CUSTOMERS, CHANGES IN MANAGEMENT, AND THE EFFECTS OF THE COMPANY'S EXISTING AND PLANNED DIVERSIFICATION EFFORTS. FOR A MORE DETAILED DISCUSSION OF THESE AND ASSOCIATED RISKS, SEE THE COMPANY'S MOST RECENT DOCUMENTS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION. EXHIBIT 99.1
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