Salton, Inc. (NYSE:SFP) announced today that it has filed with the Securities and Exchange Commission a Form 12b-25 "Notification of Late Filing," requesting a 15 calendar day extension to file its Annual Report on Form 10-K for the fiscal year ended July 1, 2006. This late filing is the result of delays that Salton�s management has experienced in assembling certain information needed to complete the reviews of its consolidated financial statements and annual report within the time period prescribed by the Securities and Exchange Commission, without unreasonable effort and expense.. Salton intends to file its Form 10-K as soon as practicable, but no later than the expiration of the prescribed 15 calendar day period. Salton expects to announce details on when it will hold its conference call and webcast as soon as a date is determined for the filing of its 10K. About Salton, Inc. Salton, Inc. is a leading designer, marketer and distributor of branded, high-quality small appliances, electronics, home decor and personal care products. Its product mix includes a broad range of small kitchen and home appliances, electronics for the home, time products, lighting products, picture frames and personal care and wellness products. The Company sells its products under a portfolio of well recognized brand names such as Salton�, George Foreman�, Westinghouse (TM), Toastmaster�, Melitta�, Russell Hobbs�, Farberware�, Ingraham� and Stiffel�. It believes its strong market position results from its well-known brand names, high-quality and innovative products, strong relationships with its customer base and its focused outsourcing strategy. Certain matters discussed in this press release are forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. These factors include: Salton's ability to realize the benefits it expects from its U.S. restructuring plan; Salton's substantial indebtedness and restrictive covenants in Salton's debt instruments; Salton's ability to access the capital markets on attractive terms or at all; Salton's relationship and contractual arrangements with key customers, suppliers and licensors; pending legal proceedings; cancellation or reduction of orders; the timely development, introduction and customer acceptance of Salton's products; dependence on foreign suppliers and supply and manufacturing constraints; competitive products and pricing; economic conditions and the retail environment; international business activities; the risks related to intellectual property rights; the risks relating to regulatory matters and other risks and uncertainties detailed from time to time in Salton's Securities and Exchange Commission Filings. Salton, Inc. (NYSE:SFP) announced today that it has filed with the Securities and Exchange Commission a Form 12b-25 "Notification of Late Filing," requesting a 15 calendar day extension to file its Annual Report on Form 10-K for the fiscal year ended July 1, 2006. This late filing is the result of delays that Salton's management has experienced in assembling certain information needed to complete the reviews of its consolidated financial statements and annual report within the time period prescribed by the Securities and Exchange Commission, without unreasonable effort and expense.. Salton intends to file its Form 10-K as soon as practicable, but no later than the expiration of the prescribed 15 calendar day period. Salton expects to announce details on when it will hold its conference call and webcast as soon as a date is determined for the filing of its 10K. About Salton, Inc. Salton, Inc. is a leading designer, marketer and distributor of branded, high-quality small appliances, electronics, home decor and personal care products. Its product mix includes a broad range of small kitchen and home appliances, electronics for the home, time products, lighting products, picture frames and personal care and wellness products. The Company sells its products under a portfolio of well recognized brand names such as Salton(R), George Foreman(R), Westinghouse (TM), Toastmaster(R), Melitta(R), Russell Hobbs(R), Farberware(R), Ingraham(R) and Stiffel(R). It believes its strong market position results from its well-known brand names, high-quality and innovative products, strong relationships with its customer base and its focused outsourcing strategy. Certain matters discussed in this press release are forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. These factors include: Salton's ability to realize the benefits it expects from its U.S. restructuring plan; Salton's substantial indebtedness and restrictive covenants in Salton's debt instruments; Salton's ability to access the capital markets on attractive terms or at all; Salton's relationship and contractual arrangements with key customers, suppliers and licensors; pending legal proceedings; cancellation or reduction of orders; the timely development, introduction and customer acceptance of Salton's products; dependence on foreign suppliers and supply and manufacturing constraints; competitive products and pricing; economic conditions and the retail environment; international business activities; the risks related to intellectual property rights; the risks relating to regulatory matters and other risks and uncertainties detailed from time to time in Salton's Securities and Exchange Commission Filings.
Salton (NYSE:SFP)
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Salton (NYSE:SFP)
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