-----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, JhdtqKpBXtfKs5e+2neMDYiXz40jjMPEO6lWGWrgAW/na/t3xUOgCMDGK9T44F8t ZGutEkTcSNW/XgHzzoLdPA== 0000907687-05-000002.txt : 20050106 0000907687-05-000002.hdr.sgml : 20050106 20050106162916 ACCESSION NUMBER: 0000907687-05-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050106 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050106 DATE AS OF CHANGE: 20050106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ACTEL CORP CENTRAL INDEX KEY: 0000907687 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 770097724 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21970 FILM NUMBER: 05516011 BUSINESS ADDRESS: STREET 1: 2061 STIERLIN COURT STREET 2: 2061 STIERLIN COURT CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043-4655 BUSINESS PHONE: 6503184200 MAIL ADDRESS: STREET 1: 2061 STIERLIN COURT STREET 2: 2061 STIERLIN COURT CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043-4655 8-K 1 form8k.txt CURRENT REPORT ON FORM 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 -------------------------------------- January 6, 2005 Date of Report (Date of earliest event reported) -------------------------------------- ACTEL CORPORATION (Exact name of registrant as specified in its charter) California 0-21970 77-0097724 (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation) Identification Number) 2061 Stierlin Court Mountain View, California 94043-4655 (Address of principal executive offices) (Zip Code) (650) 318-4200 (Registrant's telephone number, including area code) -------------------------------------- Not Applicable (Former name or former address, if changed since last report) -------------------------------------- Check the appropriate box below if the Form 8-K filing 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-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 2.02 Results of Operations and Financial Condition On January 6, 2005, Actel Corporation announced a revision of its business update for the fourth fiscal quarter of 2004, which ended January 2, 2005. The full text of the press release issued in connection with the announcement is attached as Exhibit 99.1 to this Current Report on Form 8-K. Item 7.01 Regulation FD Disclosure On January 6, 2005, Actel Corporation announced a revision of its business update for the fourth fiscal quarter of 2004, which ended January 2, 2005. The full text of the press release issued in connection with the announcement is attached as Exhibit 99.1 to this Current Report on Form 8-K. Item 9.01 Financial Statements and Exhibits (c) Exhibits. Exhibit Number Description -------------- ------------------------------------------ 99.1 Press release dated January 6, 2005. 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. ACTEL CORPORATION Date: January 6, 2005 By: /s/ Jon A. Anderson ----------------------------------- Jon A. Anderson Vice President of Finance and Chief Financial Officer EX-99 2 exhibit991.txt PRESS RELEASE DATED JANUARY 6, 2005 Contact: Jon Anderson, Actel Corporation (650) 318-4445 For Release: January 6, 2005 @ 1:30 P.M. PST ACTEL CORPORATION ANNOUNCES REVISED FOURTH QUARTER BUSINESS UPDATE Mountain View, Calif. - January 6, 2005 - Actel Corporation (NASDAQ: ACTL) today revised its business update for the fourth quarter of fiscal 2004. While reconfirming its previous guidance for fourth quarter revenues to increase slightly over the third quarter, Actel believes that its fourth quarter financial results will be adversely affected by incremental charges of $3 to $4 million. These charges relate primarily to expenses associated with the testing of RTSX-S space-qualified FPGAs and to the establishment of an inventory reserve for RTSX-S parts from the original manufacturer, which are being exchanged for RTSX-S parts from the UMC foundry at a higher rate than anticipated. The statements above are forward-looking statements made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and should be read with the "Risk Factors" in Actel's most recent Form 10-Q, including those under the following heading: Ongoing investigations regarding the reliability of our RTSX-S space-qualified FPGAs could have a material adverse effect on our financial results and business in both the short and long term. These and the other Risk Factors make it difficult for Actel to accurately project quarterly revenues and operating results, and could cause actual results to differ materially from those projected in the forward-looking statements. Any failure to meet expectations could cause the price of Actel's stock to decline significantly. No conference call will be held in conjunction with this business update revision. Actel's fourth quarter financial results will be released on February 1, 2005. Editor's Note: The Actel name and logo are trademarks of Actel Corporation. -----END PRIVACY-ENHANCED MESSAGE-----