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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 3, 2004
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ALIGN TECHNOLOGY, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-32259 94-3267295
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(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
881 Martin Avenue, Santa Clara, California 95050
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (408) 470-1000
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Not applicable
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(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS
On June 7, 2004, Align Technology, Inc. (Align) announced that Warren S.
Thaler been appointed to the Board of Directors of Align.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits.
Exhibit No. Description
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99.1 Press Release, dated June 7, 2004 for Align Technology, Inc.
announcing the appointment of Warren S. Thaler to the Board of
Directors of Align.
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SIGNATURES
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.
Dated: June 7, 2004 ALIGN TECHNOLOGY, INC.
By: /s/ Eldon M. Bullington
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Eldon M. Bullington
Vice President of Finance and
Chief Financial Officer
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INDEX TO EXHIBITS
Exhibit No. Description
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99.1 Press Release, dated June 7, 2004 for Align Technology, Inc.
announcing the appointment of Warren S. Thaler to the Board of
Directors of Align.
Exhibit 99.1
Align Technology Appoints Warren S. Thaler to Board of Directors
SANTA CLARA, Calif., June 7 /PRNewswire-FirstCall/ -- Align Technology,
Inc. (Nasdaq: ALGN), the inventor of Invisalign(R), a proprietary method of
straightening teeth without wires and brackets, today announced that it has
appointed Warren S. Thaler to its Board of Directors.
"We are pleased that Warren has decided to join the board of Align as he
and the Gund Investment Corporation have been long-time supporters and
investors," said Thomas M. Prescott, President and Chief Executive Officer of
Align Technology. "Warren brings strong experience in driving strategic focus
and execution to companies. We will look to his leadership as we continue
building a lasting and profitable company for our customers, shareholders and
employees."
Mr. Thaler is the President of Gund Investment Corporation. He directs
real estate and venture capital investments, and assists with the management
of the companies wholly owned by Gordon Gund. Prior to joining Gund Investment
in 1990, Mr. Thaler worked in the corporate finance department of Drexel
Burnham Lambert where he structured and marketed debt and equity securities
for corporate issuers.
Mr. Thaler received his B.A. from Princeton University and his M.B.A. from
Harvard University. He serves on the board of directors of Cavaliers/Gund
Arena Company and represents the Cleveland Cavaliers as its Alternate Governor
at meetings of the National Basketball Association's Board of Governors. Mr.
Thaler also serves on the boards of Ophthonix, Inc. and Valley Forge
Pharmaceuticals, Inc.
About Align Technology, Inc.
Align Technology designs, manufactures and markets Invisalign, a
proprietary new method for treating malocclusion, or the misalignment of
teeth. Invisalign corrects malocclusion using a series of clear, nearly
invisible, removable appliances that gently move teeth to a desired final
position. Because it does not rely on the use of metal or ceramic brackets and
wires, Invisalign significantly reduces the aesthetic and other limitations
associated with braces. Invisalign is appropriate for treating adults and
older teens. Align Technology was founded in March 1997 and received FDA
clearance to market Invisalign in 1998.
To learn more about Invisalign or to find a certified Invisalign doctor,
please visit www.invisalign.com or call 1-800-INVISIBLE.
Forward-Looking Statements
This news release contains forward-looking statements, including
statements regarding Align's ability to build a lasting and profitable
company. Forward-looking statements contained in this news release relating
to expectations about future events or results are based upon information
available to Align as of the date hereof. Readers are cautioned that these
forward-looking statements are only predictions and are subject to risks,
uncertainties and assumptions that are difficult to predict. As a result,
actual results may differ materially and adversely from those expressed in any
forward-looking statement. Factors that might cause such a difference include,
but are not limited to, risks relating to Align's history of losses and
negative operating cash flows, Align's ability to increase its revenue
significantly while controlling expenses, Align's ability to raise additional
capital as required, Align's limited operating history, customer demand for
Invisalign, acceptance of Invisalign by consumers and dental professionals,
competition from manufacturers of traditional braces, Align's third party
manufacturing processes and personnel, foreign operational, political and
other risks relating to Align's international manufacturing operations,
Align's ability to protect its intellectual property rights, potential
intellectual property or product liability claims or litigation, and the
potential volatility of the market price of Align's common stock. These and
other risks are detailed from time to time in Align's periodic reports filed
with the Securities and Exchange Commission, including, but not limited to,
its Annual Report on Form 10-K for the fiscal year ended December 31, 2003,
which was filed with the Securities and Exchange Commission on March 9, 2004,
and its Quarterly Reports on Form 10-Q. Align undertakes no obligation to
revise or update publicly any forward-looking statements for any reason.
CONTACT: investor relations, Barbara Domingo of Align Technology, Inc.,
+1-408-470-1000, or investorinfo@aligntech.com; or Shannon Henderson of Ethos
Communications, +1-678-417-1767, or shannon@ethoscommunication.com, for Align
Technology, Inc.
SOURCE Align Technology, Inc.
-0- 06/07/2004
/CONTACT: investor relations, Barbara Domingo of Align Technology, Inc.,
+1-408-470-1000, or investorinfo@aligntech.com; or Shannon Henderson of Ethos
Communications, +1-678-417-1767, or shannon@ethoscommunication.com, for Align
Technology, Inc./
/Web site: http://www.invisalign.com /
(ALGN)
CO: Align Technology, Inc.
ST: California
IN: CPR MTC HEA
SU: PER