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):  October 15, 2007

EZENIA! INC.

(Exact Name of Registrant as Specified in Charter)

DELAWARE

 

0-25882

 

04-3114212

(State or Other Jurisdiction

 

(Commission

 

(IRS Employer

of Incorporation)

 

File Number)

 

Identification No.)

 

14 Celina Drive, Suite 17-18, Nashua, NH

 

03063

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code (781) 505-2100

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:

o                                     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o                                     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o                                     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o                                     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c))

 




 

Item 8.01 Other Events.

Ezenia! announced today that its Board of Directors has approved a stock repurchase program. Under the program, Ezenia! is authorized to repurchase up to $1 million of its outstanding shares of common stock.

This authority may be exercised from time to time through November, 2008 and in such amounts as market conditions warrant. Any shares purchased under this plan are intended to be retained by the Company for general corporate purposes. The repurchases may be made on the open market, in block trades or otherwise. The program may be suspended or discontinued at any time.

Item 9.01. Financial Statements and Exhibits.

(c)           Exhibits.

99.1         Ezenia! Inc. Press Release, dated October 15, 2007.

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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.

 

EZENIA! INC.

 

 

 

Dated: October 15, 2007

By:

/s/ Roger N. Tuttle

 

 

Roger N. Tuttle

 

 

Chief Financial Officer and Secretary

 

 

(Principal Financial and Accounting Officer)

 

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EXHIBIT INDEX

Exhibit No.

 

Description

99.1

 

Ezenia! Inc. Press Release, dated October 15, 2007.

 

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