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Quotes & Info
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| RMTR > SEC Filings for RMTR > Form 8-K on 9-Sep-2009 | All Recent SEC Filings |
9-Sep-2009
Other Events, Financial Statements and Exhibits
Ramtron International Corporation (the "Company") announced today that it has entered into a Settlement Agreement and Mutual Release with one of its customers that resolves all matters related to the previously announced in-field failures of one of the Company's semiconductor memory products.
As a result of the settlement and after an insurance reimbursement and a credit for future product deliveries, Ramtron will recognize a benefit of approximately $150,000 on its third-quarter income statement. Ramtron had previously recorded a charge of $815,000 in connection with the matter.
The full text of the Company's press release announcing the Settlement Agreement is attached as Exhibit 99.1 to this Form 8-K Current Report.
(a) Financial Statements - Not Applicable
(b) Pro-Forma Financial Information - Not Applicable
(c) Shell Company Transactions - Not Applicable
(d) Exhibits:
99.1 Press Release dated September 9, 2009
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