UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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) January 22, 2003
(January 22, 2003)
STORAGE TECHNOLOGY CORPORATION
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(Exact Name of Registrant As Specified In Its Charter)
Delaware 1-7534 84-0593263
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(State or jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
One StorageTek Drive, Louisville, Colorado 80028-4309
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (303) 673-5151
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Not applicable
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(Former Name or Former Address, if Changed Since Last Report)
Item 7(c) Exhibits.
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99.1 Press Release, dated January 22, 2003 relating to Storage
Technology Corporation's ("StorageTek") results of operations
for the fiscal quarter and fiscal year ended December 27,
2002.
99.2 Script of prepared remarks of StorageTek's Chairman of the
Board, President and Chief Executive Officer, Patrick J.
Martin, for StorageTek's January 22, 2003 Fourth Quarter and
Full Year 2002 Financial Results Conference Call.
99.3 Script of prepared remarks of StorageTek's Corporate Vice
President, Chief Financial Officer, Robert S. Kocol, for
StorageTek's January 22, 2003 Fourth Quarter and Full Year
2002 Financial Results Conference Call.
Certain statements, projections and forecasts contained herein regarding
StorageTek's future performance and financial results, future products, and
business plans constitute "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. These forward-looking
statements can be identified by the use of words such as "may," "will,"
"should," "expects," "plans," "anticipates," and "believes." There are a number
of risks and uncertainties that could cause StorageTek's actual results to
differ materially.
Some of these risks and uncertainties include, but are not limited to,
StorageTek's ability to develop, manufacture and market new products and
services successfully; the effect of product mix and distribution channel mix on
our gross margins; our ability to continue to increase productivity; competitive
pricing pressures; rapid technological changes in the markets in which we
compete; our ability to attract and retain highly skilled employees; our ability
to protect and develop intellectual property rights; our reliance on certain
sole source suppliers; potential delivery delays from sub-contractors and
increased lead time in ordering parts and components; general economic
conditions in the United States and globally; and other risks described in
StorageTek's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and
Current Reports on Form 8-K that are filed with the Securities and Exchange
Commission and which are available on the SEC's website.
Item 9 Regulation FD Disclosure.
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On January 22, 2003, StorageTek announced its results of operations for the
fiscal quarter and fiscal year ended December 27, 2002 in a Press Release, dated
January 22, 2003, a copy of which is attached hereto as Exhibit 99.1.
On January 22, 2003, StorageTek conducted its Fourth Quarter and Full Year 2002
Financial Results Conference Call (the "Conference Call") for the fiscal quarter
and fiscal year ended December 27, 2002. A copy of the script of the prepared
remarks of StorageTek's Chairman of the Board, President and Chief Executive
Officer, Patrick J. Martin, for the Conference Call is attached hereto as
Exhibit 99.2. A copy of the script of the prepared remarks of StorageTek's
Corporate Vice President, Chief Financial Officer, Robert S. Kocol, for the
Conference Call is attached hereto as Exhibit 99.3.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: January 22, 2003 Storage Technology Corporation
By: /s/ Thomas G. Arnold,
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Vice President,
Corporate Controller
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