SCHEDULE 14A
(RULE 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES
EXCHANGE ACT OF 1934 (AMENDMENT NO. )
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement [ ] Confidential, For Use of the Com-
mission Only (as permitted by
Rule 14a-6(e) (2))
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material Under Rule 14a-12
SL Industries, Inc.
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(Name of Registrant as Specified in Its Charter)
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(Name of Person (s) Filing Proxy Statement, if Other Than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i) (1) and
0-11.
(1) Title of each class of securities to which transaction applies:
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(2) Aggregate number of securities to which transaction applies:
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(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee
is calculated and state how it was determined):
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(4) Proposed maximum aggregate value of transaction:
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(5) Total fee paid:
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[ ] Fee paid previously with preliminary materials:
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[ ] Check box if any part of the fee is offset as provided by Exchange Act
Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number, or
the form or schedule and the date of its filing.
(1) Amount previously paid:
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(2) Form, Schedule or Registration Statement No.:
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(3) Filing Party:
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(4) Date Filed:
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EXPLANATORY NOTE
The Registrant made a presentation to Institutional Shareholder Services
on January 7, 2002, using the presentation filed herewith.
SL INDUSTRIES, INC.
PRESENTATION TO
INSTITUTIONAL SHAREHOLDER
SERVICES
JANUARY 7, 2002
SUCCESSFUL TRANSFORMATION
OF THE BUSINESS - POWER & DATA
QUALITY STRATEGY
ACQUISITIONS DIVESTITURES
CONDOR- 1993 SL LUBE - 1995
TEAL - 1995 SL PIPING - 1996
EME - 1998 SL AUBURN - 1997
TODD PRODUCTS - 1999 SL WABER - 2001
RFL ELECTRONICS - 1999
CONDOR
POWER SUPPLIES INCLUDING WITH
BATTERY BACKUP
[PHOTO HERE]
MEDICAL, TELECOMMUNICATIONS, SELECT INDUSTRIAL NICHES
TEAL/SL WABER
POWER CONDITIONERS & POWER
DISTRIBUTION UNITS
[PHOTO HERE]
SEMICONDUCTOR, MEDICAL, & TELECOMMUNICATIONS
CONDOR/TEAL
POWER ELECTRONICS
CUSTOMERS
MEDICAL - GE, PHILLIPS, BAXTER, ALCON
TELECOMMUNICATIONS - ADC, INTEL, IPC INFORMATION SYSTEMS, TYCO
SEMICONDUCTOR - SCHLUMBERGER, TERADYNE, KLA-TENCOR, NOVELLUS
DRIVERS
- OEM RELATIONSHIPS
- RAPID PRODUCT DEVELOPMENT AND ADVANCEMENT
- CUSTOM AND MODIFIED LOW AND MID VOLUME WITH HIGH PRODUCT MIX
- ELECTRONICS (MICROPROCESSOR)/DATA COMMUNICATIONS IN PRODUCTS
- OUTSOURCING BY OEMS
RFL ELECTRONICS
TELEPROTECTION
CARRIER COMMUNICATIONS MULTIPLEXING
[PHOTO HERE] [PHOTO HERE]
[PHOTO HERE] [PHOTO HERE]
TELEPROTECTION PROTECTIVE RELAYING
UTILITY
RFL
UTILITY POWER
CUSTOMERS
ONTARIO HYDRO, NEVADA POWER, DUKE ENERGY, AEP
DRIVERS
- UTILITY DEREGULATION
- HIGH UTILIZATION OF THE POWER GRID
- SECURITY/COMMUNICATIONS
- SPECIALIZED CUSTOMER REQUIREMENTS
- POWER QUALITY
SL-MTI/EME
POWER MOTION SYSTEMS (MOTOR,
CONTROLLER, POWER SUPPLY),
ACTUATOR
[PHOTO HERE] [PHOTO HERE]
AEROSPACE, MEDICAL, AUTOMOTIVE
SL-MTI/EME
POWER MOTION
CUSTOMERS
AEROSPACE - AIRBUS, HONEYWELL, B.F. GOODRICH, TEXTRON, AGUSTA
AUTOMOTIVE - AUDI, BMW, DRAXLMEIER
DRIVERS
- OEM RELATIONSHIPS
- ENGINEERING CUSTOM SYSTEMS AND COMPONENTS
- OUTSOURCING BY LARGER AEROSPACE COMPANIES OF KEY SUBSYSTEMS
- VERY HIGH RELIABILITY
STRATEGIC DRIVERS IN BOARD'S DECISION TO SELL:
-CONSOLIDATING INDUSTRIES
-ATTRACTIVE VALUATIONS AT THE TIME
-GLOBALIZATION OF CUSTOMER/SUPPLIER BASE
SALE PROCESS FOR ALL AND PARTS OF THE BUSINESS EXHAUSTIVELY EXPLORED.
-BOARD WITH EXTENSIVE BUSINESS AND FINANCE EXPERTISE.
-EXPERIENCED AND SUCCESSFUL MANAGEMENT TEAM.
-BOARD AND MANAGEMENT COMMITTED TO MAXIMIZE SHAREHOLDER VALUE OVER
REASONABLE TIMEFRAME.