SANTA CLARA, Calif., Feb. 6 /PRNewswire-FirstCall/ -- Coherent, Inc.
(Pink Sheets: COHR) today announced that it has filed its annual report on
Form 10-K for its fiscal year ending September 29, 2007. The Company
expects to file its quarterly report on Form 10-Q for the first fiscal
quarter on February 12, 2008.
Coherent also announced that it has submitted its application for
re-listing of its common stock on the Nasdaq Global Market and expects to
be re-listed no later than the upcoming annual meeting of stockholders on
March 19, 2008.
Coherent further announced that it is moving its earnings call from
tomorrow, February 7, 2008, to February 12, 2008 at 1:30 p.m. "Over the
last five business days, we have submitted our last delinquent filings
consisting of three Form 10-Q's and the 2007 Form 10-K to the Securities
and Exchange Commission. Our attention is now firmly fixed on filing our
first fiscal quarter Form 10-Q on February 12, 2008. With this priority in
mind, it is much more efficient to work the earnings release and our Form
10-Q filing in parallel rather than in sequence," said John Ambroseo,
Coherent's President and Chief Executive Officer.
Founded in 1966, Coherent, Inc. is a world leader in providing
photonics based solutions to the commercial and scientific research
markets.
Forward Looking Statements
This press release contains forward-looking statements, as defined
under the Federal securities laws. These forward-looking statements include
statements regarding Coherent's expectation regarding the timing for filing
its Quarterly Report with the SEC and the timing of the relisting of its
common stock on the Nasdaq Global Market. These forward-looking statements
are not guarantees and are subject to risks, uncertainties and assumptions
that could cause the timing for filing the Quarterly Report with the SEC
and relisting on Nasdaq to differ materially and adversely from the timing
expressed in the forward-looking statements in this press release. Factors
that could cause actual results to differ materially include risks and
uncertainties, including but not limited to risks associated with the
completion of the review and preparation of such filings and the review and
completion of our application by Nasdaq. Readers are cautioned not to place
undue reliance on these forward-looking statements, which speak only as to
Coherent's expectations as of the date hereof. Coherent undertakes no
obligation to update these forward-looking statements as a result of events
or circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
SOURCE Coherent, Inc.
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Related links:
http://www.coherent.com
CONTACT:
Leen Simonet of Coherent, Inc.,
+1-408-764-4161
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