8-K Revenue Recognition Change in Q1 2006


  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)

April 13, 2006
 

 
ECHELON CORPORATION
(Exact name of registrant as specified in its charter)

Delaware
 
000-29748
 
77-0203595
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)

550 Meridian Avenue
San Jose, California 95126
(Address of principal executive offices, including zip code)

(408) 938-5200
(Registrant’s telephone number, including area code)

(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:
 
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


 

Item 8.01.  Other Events
 
The following information is furnished (not filed) as Exhibit 99.1 hereto. This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
 
On April 13, 2006, Echelon Corporation issued a press release announcing that, beginning in the first quarter of 2006, it had revised its method of revenue recognition for sales made to its European distributor, EBV Elektronik. The full text of this press release is furnished in this report as Exhibit 99.1.
 
Item 9.01. Financial Statements and Exhibits

(c) Exhibits

 
 Exhibit
 
 Number 
 Description 
 99.1
 Press Release dated April 13, 2006, of Echelon Corporation.


2



SIGNATURES

 
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.

   
ECHELON CORPORATION
     
 
By:
/s/ Oliver R. Stanfield
 
   
Oliver R. Stanfield
Executive Vice President and Chief Financial Officer
    Date: April 14, 2006
 
 
 

EXHIBIT INDEX
 
 Exhibit
 
 Number 
 Description 
 99.1