-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BD27IcNCXl7SHZITRjii3vszxIMEBK2uNp9TffkUH+542PYCG1uQzRVTdeV4tJUL +J4DTnrmPpypsp8aGJ0zig== 0001116502-03-001293.txt : 20030717 0001116502-03-001293.hdr.sgml : 20030717 20030717162719 ACCESSION NUMBER: 0001116502-03-001293 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030716 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030717 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PURADYN FILTER TECHNOLOGIES INC CENTRAL INDEX KEY: 0001019787 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 141708544 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11991 FILM NUMBER: 03791489 BUSINESS ADDRESS: STREET 1: 2017 HIGH RIDGE ROAD CITY: BOYTON BEACH STATE: FL ZIP: 33426 BUSINESS PHONE: 5615479499 MAIL ADDRESS: STREET 1: 2017 HIGH RIDGE ROAD CITY: BOYTON BEACH STATE: FL ZIP: 33426 FORMER COMPANY: FORMER CONFORMED NAME: T F PURIFINER INC DATE OF NAME CHANGE: 19960726 8-K 1 puradyn-8k.txt CURRENT REPORT 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) July 16, 2003 ------------------ Puradyn Filter Technologies Incorporated ----------------------------------------------------------------------- (Exact name of registrant as specified in its chapter) Delaware 0-29192 14-1708544 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission (I.R.S.Employer of incorporation) File Number) Identification No.) 2017 High Ridge Road, Boynton Beach, Florida 33426 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (561) 547-9499 ----------------------------------------------------------------------- 3020 High Ridge Rd., Suite 100, Boynton Beach, Fl 33426 ----------------------------------------------------------------------- (Former name or former address, if changed since last report) Item 9. Regulation FD Disclosure. On July 16, 2003, Puradyn Filter Technologies Incorporated (the Company), issued a press release announcing it held its annual stockholders meeting, at which the seven Board of Directors nominees were re-elected and the stockholders ratified the appointment of Ernst & Young LLP as independent auditors. The release discusses the progress of the testing program with the Department of Energy, which has moved to the second phase. The Company has also been approved as a strategic supplier for a large equipment rental company in North America. A copy of the press release issued by the Company on July 16, 2003, is filed as an exhibit herewith. Exhibits: Exhibit No. Description - -------- ----------------------------------- 99.1 Press release dated July 16, 2003. 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. Dated: July 17, 2003 PURADYN FILTER TECHNOLOGIES INCORPORATED By /s/ Richard C. Ford ---------------------------- Richard C. Ford Chief Executive Officer EX-99.1 3 pressrelease.txt PRESS RELEASE Exhibit 99.1 CONTACTS: Pris Neulander, PURADYN PURADYN Media Coordinator [LOGO] 561-547-9499, x 215 pneulander@puradyn.com Kathryn Morris, PURADYN Director, Corporate Communications 561-547-9499, x 226 investor-relations@puradyn.com PURADYN HOLDS ANNUAL STOCKHOLDERS MEETING - Focus for the future discussed - BOYNTON BEACH, FL - JULY 16, 2003 - PURADYN FILTER TECHNOLOGIES INC. (AMEX: PFT), the global bypass oil filtration system provider, held its annual stockholders meeting today. At the meeting, all seven board nominees were reelected and the stockholders ratified the appointment of Ernst & Young LLP as independent auditors. Joseph V. Vittoria, Chairman of the Board, said, "We see reelection of the board as a solid vote of confidence from our stockholders regarding the direction we have pursued over the past year." Vittoria continued, "Now that we are settled into our new facility with increased production capacity, we can better focus on 2003 and beyond. One immediate goal is receiving 9001:2000 certification from the International Organization for Standardization (ISO). We are currently working toward a completion date targeted at the end of the year. This certification will recognize the Company's Boynton Beach, Florida factory's meeting the high quality standards specified by Original Equipment Manufacturers (OEM)." Vittoria continued, "Our testing program with the Department of Energy (DOE) continues on target. The DOE is studying the impact from the reduction of new oil consumption and waste oil reduction through the use of bypass filtration. The program, which was started in September, 2002, has already moved into the second stage of testing with systems now being installed on additional vehicles." "We have now been approved as a Strategic Supplier," said Vittoria, "for one of the largest equipment rental companies in North America which plans to fully utilize the PURADYN(R) bypass oil filtration system throughout their organization. The program will first encompass retrofitting existing delivery vehicles while simultaneously specifying our system on new delivery vehicles. They then plan to begin installation on selected rental fleet equipment. Although our system is fully supported at the Corporate level, we do recognize the program will take some time to gain momentum as all branches become familiar with the benefits of the PURADYN(R) system." Vittoria also added, "Our global presence continues to expand, with the United Kingdom division now accounting for 29% of sales and our remaining international distributors adding another 11%. Our emphasis over the past few years has been to strengthen our entire distributor network." Vittoria concluded, "A strong distribution network is key to providing the level of customer support our end users have grown to expect." ABOUT PURADYN FILTER TECHNOLOGIES INC. - -------------------------------------- PURADYN (AMEX: PFT) designs, manufactures and markets the PURADYN(R) Bypass Oil Filtration System, the most effective filtration product on the market today. It continuously cleans lubricating oil and maintains oil viscosity to safely and dramatically extend oil change intervals and engine life. Effective for internal combustion engines, transmissions and hydraulic applications, the Company's patented and proprietary system is a cost-effective and energy-conscious solution targeting an annual $13 billion potential market. The Company has established aftermarket programs with several of the transportation industry leaders such as Volvo Trucks NA, Mack Trucks, PACCAR; a strategic alliance with Honeywell Consumer Products Group, producers of FRAM(R) filtration products; and continues to market to major commercial fleets. PURADYN(R) equipment has been certified as a `Pollution Prevention Technology" by the California Environmental Protection Agency. STATEMENTS IN THIS PRESS RELEASE WHICH ARE NOT HISTORICAL DATA ARE FORWARD-LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES OR OTHER FACTORS NOT UNDER THE COMPANY'S CONTROL, INCLUDING BUT NOT LIMITED TO THE POSSIBLE INABILITY TO RAISE CAPITAL FUNDS, LACK OF PROTECTION FROM INTELLECTUAL PROPERTY, VULNERABILITY BECAUSE OF MANUFACTURING A LIMITED NUMBER OF PRODUCTS, DEPENDENCE ON DISTRIBUTORS, AND THE POSSIBILITY THAT THE PRODUCTS DO NOT MEET CUSTOMERS' NEEDS, WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE OR OTHER EXPECTATIONS IMPLIED BY THESE FORWARD-LOOKING STATEMENTS. THESE FACTORS INCLUDE, BUT ARE NOT LIMITED TO, THOSE DETAILED IN THE COMPANY'S PERIODIC FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION. -----END PRIVACY-ENHANCED MESSAGE-----