NORTECH SYSTEMS INCORPORATED (NASDAQ:NSYS) Files An 8-K Results of Operations and Financial Condition

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NORTECH SYSTEMS INCORPORATED (NASDAQ:NSYS) Files An 8-K Results of Operations and Financial Condition

NORTECH SYSTEMS INCORPORATED (NASDAQ:NSYS) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition

The Registrant issued a news release on August15, 2018, entitled “Nortech Systems Reports Second Quarter Results” regarding its consolidated second quarter results and financial condition. A copy of this news release is attached hereto as Exhibit99.1.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August15, 2018, Richard G. Wasielewski, the Chief Executive Officer and President of Nortech Systems Incorporated (the “Company”), notified the Company of his intention to retire. Nortech Systems’ board of directors has retained an executive recruitment firm to assist in its national search to identify Wasielewski’s replacement. He will continue to lead the company during the search and subsequent transition period. A copy of this news release is attached hereto as Exhibit99.2.

Item 9.01 Financial Statements and Exhibits


NORTECH SYSTEMS INC Exhibit
EX-99.1 2 a18-18870_2ex99d1.htm EX-99.1 Exhibit 99.1       Contact: Connie Beck     Nortech Systems Incorporated     (952) 345-2244     or     Warren Djerf     Brookside Communications Group     952-920-3908 / [email protected]   August 15,…
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About NORTECH SYSTEMS INCORPORATED (NASDAQ:NSYS)

Nortech Systems Incorporated is an electronic manufacturing services (EMS) company. The Company offers a range of value-added engineering, technical and manufacturing services and support, including project management, design, testing, prototyping, manufacturing, supply chain management and post-market services. The Company’s segment is Contract Manufacturing. The Company’s manufacturing and engineering services include medical devices, printed circuit board assemblies, wire and cable assemblies, and electromechanical assemblies. The Company’s manufacturing facilities are located at Bemidji, Blue Earth, Merrifield, Eden Prairie, Milaca and Mankato in Minnesota; Augusta in Wisconsin; Monterrey in Mexico, and Suzhou in China. The Company serves approximately three markets within the EMS industry, such as Aerospace and Defense, Medical/Life Sciences and the Industrial market, which includes industrial equipment, transportation, vision, agriculture, oil and gas.