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 22, 2005

 

ADVANCED POWER TECHNOLOGY, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-16047

 

93-0875072

(State or other jurisdiction of
incorporation or organization)

 

(Commission File No.)

 

(I.R.S. Employer
Identification No.)

 

405 SW Columbia Street
Bend, Oregon 97702

(Address of principal executive offices) (ZIP Code)

 

Registrant’s telephone number, including area code:

(541) 382-8028

 

Check the appropriate box below if the Form 8- filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2):

 

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 1.01 Entry into a Material Definitive Agreement

 

On June 22, 2005, Advanced Power Technology, Inc. entered into a wafer production agreement with CSMC Manufacturing Co., Ltd. for the provision of foundry services to be performed by CSMC Technologies Fab 1 Co., Ltd., a subsidiary located in Wuxi, Jiangsu Province, China. CSMC Technologies Fab 1 Co., Ltd. will produce and supply wafers to Advanced Power Technology, Inc. according to the terms and conditions of the contract. The contract does not have an expiration date and is cancelable upon twenty-four months prior written notice to terminate the agreement. A copy of the supply agreement is attached as Exhibit 10.36 of this report.

 

 Item 9.01 Financial Statements and Exhibits

 

(c)                                  Exhibits

 

 

Exhibit
No.

 

Description

 

 

 

10.36

 

Agreement for Wafer Production between CSMC Manufacturing Co., Ltd. and Advanced Power Technology, Inc. dated June 22, 2005.

 

 

SIGNATURES

 

Pursuant to the requirements of Section 13 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; thereunto duly authorized this 28th day of June, 2005.

 

 

 

ADVANCED POWER TECHNOLOGY, INC.

 

 

 

 

BY:

/s/ GREG M. HAUGEN

 

 

 

 

 

 

Greg M. Haugen

 

 

Vice President, Finance and Administration,

 

 

Chief Financial Officer and Secretary

 

 

(Principal Financial Officer)

 

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