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AEY ADDvantage Technologies Group Inc

0.36
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ADDvantage Technologies Group Inc NASDAQ:AEY NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.36 0.289 0.299 0 01:00:00

Current Report Filing (8-k)

23/07/2015 2:12pm

Edgar (US Regulatory)


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) July 22, 2015

ADDVANTAGE TECHNOLOGIES GROUP, INC.
(Exact name of Registrant as specified in its Charter)

Oklahoma
(State or other Jurisdiction of Incorporation)

1-10799
73-1351610
(Commission file Number)
(IRS Employer Identification No.)
   
1221 E. Houston, Broken Arrow Oklahoma
74012
(Address of Principal Executive Offices)
(Zip Code)

(918) 251-9121
(Registrant's Telephone Number, Including Area Code)


(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 InstructionA.2. below):

Written Communication 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© under the Exchange Act (17 CFR 240.13e-4(c))


 
Item 8.01 Other Events.
 
ADDvantage Technologies Group, Inc. (NASDAQ: AEY), announced today that it has opened Tulsat-Arizona, a new subsidiary based in Phoenix, Arizona.  A copy of the press release is furnished as Exhibit 99.1 to this Current Report and is incorporated herein by reference.
 
Item 9.01 Financial Statements and Exhibits.
 
(d) Exhibits
 
The following exhibit is furnished herewith:
 
Exhibit 99.1
Press Release dated July 22, 2015 issued by the Company.
 
 
SIGNATURES
 

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.

   
ADDvantage Technologies Group, Inc.
   
Date: July 22, 2015
   
 
 
By: /s/ Scott Francis
   
  Scott Francis
   
  Vice-President & Chief Financial Officer


Exhibit Index
 
Exhibit Number
Description
99.1
Press Release dated July 22, 2015 issued by the Company.


ADDvantage Technologies Group, Inc.
1221 E. Houston
Broken Arrow, Oklahoma 74012

For further information
KCSA Strategic Communications
Company Contact:
Garth Russell
Scott Francis
(918) 251-9121
(212) 896-1250
grussell@kcsa.com

ADDvantage Technologies Establishes Presence in the Southwest
with Tulsat-Arizona
 
Broken Arrow, Oklahoma, July 22, 2015 – ADDvantage Technologies Group, Inc. (NASDAQ:  AEY), announced today that it has opened Tulsat-Arizona, a new subsidiary based in Phoenix, Arizona.  This location will primarily provide cable equipment repair services for customers in the region, as well as expand the Company’s equipment sales reach in the southwestern United States.
 
“We are excited to open Tulsat-Arizona in the southwest to better serve our national repair accounts and expand our customer base in this region,” said Greg Harlan, Director of Repair Services for ADDvantage Technologies Group.  “This facility, similar to our other service centers, will provide pick-up and delivery service for cable equipment repairs in the region and will repair headend equipment, fiber-optic equipment and transport equipment from most manufacturers.”
 
“We are committed to maximizing sales opportunities in the cable television market and this new location is an important element in our strategy to strengthen our offering and increase the scale of our operations,” commented David Humphrey, President and CEO of ADDvantage Technologies. “This expansion into Phoenix is expected to enhance our competitive position by growing market share and contributing to the bottom line.”
 
About ADDvantage Technologies Group, Inc.
ADDvantage Technologies Group, Inc. (NASDAQ:  AEY) supplies the cable television (CATV) and telecommunications industries with a comprehensive line of new and used system-critical network equipment and hardware from a broad range of leading manufacturers. The equipment and hardware ADDvantage distributes is used to acquire, distribute, and protect the communications signals carried on fiber optic, coaxial cable and wireless distribution systems, including television programming, high-speed data (Internet) and telephony. In addition, ADDvantage operates a national network of technical repair centers focused primarily on CATV equipment and recycles surplus and obsolete CATV and telecommunications equipment.

ADDvantage operates through its subsidiaries, Tulsat, Tulsat-Arizona, Tulsat-Atlanta, Tulsat-Nebraska, Tulsat-Texas, NCS Industries, ComTech Services and Nave Communications. For more information, please visit the corporate web site at www.addvantagetechnologies.com.

The information in this announcement may include forward-looking statements.  All statements, other than statements of historical facts, which address activities, events or developments that the Company expects or anticipates will or may occur in the future, are forward-looking statements.  These statements are subject to risks and uncertainties, which could cause actual results and developments to differ materially from these statements.  A complete discussion of these risks and uncertainties is contained in the Company’s reports and documents filed from time to time with the Securities and Exchange Commission.

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