SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 6, 2012
(Exact name of registrant as specified in its charter)
2051 Palomar Airport Road, Suite 100, Carlsbad, California 92011
(Address of principal executive offices) (Zip Code)
Registrants telephone number, including area code: (760) 692-0711
(Former name or former address, if changed since last report)
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 (see General Instruction A.2. below):
On November 6, 2012, we received favorable closure of our remaining US Export Compliance related matter, having received a warning letter from the Bureau of Industry and Security, or BIS, of the U.S. Department of Commerce relating to the voluntary disclosures we made earlier this year concerning export compliance matters. The letter indicated that BIS was closing the matter with the issuance of the warning letter, subject to our continued compliance with applicable export control regulations.
As a result of the warning letter, during the fourth quarter of 2012, we intend to reverse a remaining accrual of $250,000 relating to potential fines and penalties arising from our voluntary disclosures.
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 thereunto duly authorized.