Ultralife Batteries Changes Fiscal Year-End

December 12, 2002 by Jeff Shepard

Ultralife Batteries Inc. (Newark, NY) announced that the company’s board of directors approved a change in its fiscal year-end from June 30 to December 31. The company’s management and board concluded that a December 31st year-end will help to enhance the understanding of reported financial results when the company discusses them with analysts, investors and shareholders. The change is being made effective with the period ending December 31, 2002.