DAKT-2012.06.15_8-K


 
 
 
 
 



UNITED STATES
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 (Date of earliest event reported):  June 15, 2012
_________________________________


Daktronics, Inc.
(Exact name of registrant as specified in its charter)
_________________________________


South Dakota
0-23246
46-0306862
(State or other jurisdiction
(Commission
(I.R.S. Employer
Incorporation or organization)
File Number)
Identification Number)




201 Daktronics Drive
Brookings, SD  57006
(Address of principal executive office) (zip code)

(605) 692-0200
(Registrant’s telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report.)

 
 
 
 
 






Item 7.01     Regulation FD Disclosure.
 
On June 15, 2012, Daktronics, Inc. (the “Registrant”) issued a press release announcing the appointment of two Executive Vice Presidents. A copy of the press release is filed herewith as Exhibit 99.1 and is incorporated herein by reference.

The information furnished in this Current Report on Form 8-K, including the exhibit, shall not be deemed to be “filed” with the Securities and Exchange Commission (the “SEC”) for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be incorporated into the Registrant's filings with the SEC.


Item 9.01     Financial Statements and Exhibits

(d)    The following exhibit is furnished as part of this Current Report on Form 8-K:

99.1 Press Release dated June 15, 2012 issued by Registrant.

 
 
 
 
 





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.

 
DAKTRONICS, INC.
 
 
 
By:  /s/ William R. Retterath
 
William R. Retterath, Chief Financial Officer
 
Date:  June 15, 2012 
 
 
 





EXHIBIT INDEX

Exhibit No.
Description
 
 



DAKT-2012.06.15_pressrelease



Daktronics, Inc. names Reece Kurtenbach and Bradley Wiemann Executive Vice Presidents

BROOKINGS, S.D. - June 15, 2012 - Daktronics, Inc. (NASDAQ-DAKT), announced today that its Board of Directors has promoted Reece Kurtenbach and Bradley Wiemann to Executive Vice Presidents.

Reece Kurtenbach is currently responsible for the Live Events and International business units. The Live Events business unit serves customers in professional and minor league sports, in colleges and universities, and in entertainment. The International business unit serves customers worldwide, with its most current activities in Asia Pacific, Europe, the Middle East, and Latin America. Kurtenbach also provides corporate leadership for the company's product development.

Kurtenbach graduated from South Dakota State University in 1987 with a Bachelor's of Science degree in electrical engineering. After graduation, he moved to Colorado and worked as an engineer for Unisys and RoMar before returning to Daktronics in 1991 to work as an Applications Engineer on large display projects and then as manager of the design group that developed Daktronics' first full color LED video display product.

Wiemann is currently responsible for the Commercial and Transportation business units. The Commercial business unit serves sign companies, outdoor billboard companies, and national retail accounts. The Transportation business unit serves city and state departments of transportation (intelligent transportation systems), and airports, airlines, and mass transit customers.

Wiemann graduated from South Dakota State University in 1985 with a Bachelor's of Science degree in electrical engineering. He also received a Master's of Science degree in electrical and computer engineering from the University of Iowa. He worked for Rockwell International Corporation, where he was involved in flight control systems development. In 1993, Wiemann joined Daktronics to initially manage our design group that developed our indoor and outdoor commercial and transportation products.

Both Kurtenbach and Wiemann will continue to lead their current teams as well as evolve to more corporate responsibilities.

About Daktronics    
Daktronics has strong leadership positions in, and is the world's largest supplier of, large screen video displays, electronic scoreboards, LED text and graphics displays, and related control systems. The company excels in the control of display systems, including those that require the integration of multiple complex displays showing real-time information, graphics, animation and video. Daktronics designs, manufactures, markets and services display systems for customers around the world in four domestic business units: Live Events, Commercial, Schools and Theatres, and Transportation, and one International business unit. For more information, visit the company's World Wide Web site at: http://www.daktronics.com, e-mail the company at investor@daktronics.com, call (605) 692-0200 or toll-free (800) 843-5843 in the United States or write to the company at 201 Daktronics Dr., PO Box 5128, Brookings, S.D. 57006-5128.

Safe Harbor Statement
Cautionary Notice: In addition to statements of historical fact, this news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and is intended to enjoy the protection of that Act. These forward-looking statements reflect the Company's expectations or beliefs concerning future events. The Company cautions that these and similar statements involve risk and uncertainties which could cause actual results to differ materially from our expectations, including, but not limited to, changes in economic and market conditions, management of growth, timing and magnitude of future contracts and orders, fluctuations in margins, the introduction of new products and technology, the impact of adverse weather conditions, increased regulation and other risks noted in the company's SEC filings, including its Annual Report on Form 10-K for its 2012 fiscal year. Forward-looking statements are made in the context of information available as of the date stated. The Company undertakes no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur.
--END--

For more information contact:
James B. Morgan
Aelred J. Kurtenbach
Chief Executive Officer
Chairman of the Board
Tel (605) 692-0213
Tel (605) 692-0212