-----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, A08wa5Ap0pfCqfFVnlsJy1j2egUnToc2rWglkuxVR+ikuNTjAtSXcmnkzeJqP0Qj 1WARP1qyMYQ9Rtqs1MAUJg== 0000950147-99-000146.txt : 19990225 0000950147-99-000146.hdr.sgml : 19990225 ACCESSION NUMBER: 0000950147-99-000146 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990224 ITEM INFORMATION: FILED AS OF DATE: 19990224 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARIZONA INSTRUMENT CORP CENTRAL INDEX KEY: 0000724904 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823] IRS NUMBER: 860410138 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-12575 FILM NUMBER: 99548748 BUSINESS ADDRESS: STREET 1: 4114 E WOOD ST CITY: PHOENIX STATE: AZ ZIP: 85040 BUSINESS PHONE: 6024701414 MAIL ADDRESS: STREET 1: 4114 E WOOD STREET CITY: PHOENIX STATE: AZ ZIP: 85040 FORMER COMPANY: FORMER CONFORMED NAME: QUINTEL CORP DATE OF NAME CHANGE: 19870329 FORMER COMPANY: FORMER CONFORMED NAME: COMPUTRAC INSTRUMENTS INC DATE OF NAME CHANGE: 19840613 8-K 1 CURRENT REPORT DATED 2/24/99 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 Date of Report (Date of earliest event reported) February 24, 1999 ----------------- ARIZONA INSTRUMENT CORPORATION ------------------------------------------------------ (Exact Name of Registrant as Specified in Its Charter) Delaware -------------------------------------------- (State or Other Jurisdiction of Incorporation) 0-12575 86-0410138 ------------------------ ------------------------------------ (Commission File Number) (I.R.S. Employer Identification No.) 4114 East Wood Street, Phoenix, Arizona 85040-1941 - ---------------------------------------- ---------- (Address of Principal Executive Offices) (Zip Code) (602) 470-1414 ---------------------------------------------------- (Registrant's Telephone Number, Including Area Code) ITEM 5: OTHER EVENTS. Following is the text of a press release of February 16, 1999. Arizona Instrument Corporation (NASDAQ: AZIC) announced today that it had received a letter from BP Oil Company ("BP") demanding the return of approximately $1.9 million previously paid by BP to AZI in prior years for the purchase of Encompass tank gauge systems, the removal of Encompass systems from BP sites, and for the cancellation of any outstanding invoices from AZI. BP Oil Company accounted for approximately 13% of sales generated by Arizona Instrument Corporation for 1998. The Company has informed BP that it disputes the bases for BP's demands and is in the process of preparing more specific responses to the allegations set forth in the letter. Arizona Instrument Corporation, an ISO 9001 registered company, designs, manufactures, and markets precision instruments used in quality control, industrial process control, and environmental monitoring applications. The statements in this release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those anticipated, including but not limited to, the market in which the Company operates, the uncertainties associated with any litigation that might ensue (including judicial interpretation of the facts or law, or both, differing from AZI's interpretations, competition, product information and delivery schedules, profit margins, demand for inventory, stability of costs, timing and maintenance of orders, stability of the regulatory environment and other factors. Any of these assumptions may prove inaccurate and therefore there can be no assurance the forward-looking information will prove to be accurate. 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. ARIZONA INSTRUMENT CORPORATION (Registrant) February 24, 1999 By /s/ George G. Hays ------------------------------------- George G. Hays President and Chief Executive Officer 1 -----END PRIVACY-ENHANCED MESSAGE-----