-----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, GFtGYVF+XS+upSfVMqvW7hygHOfEAtonlOpVcttHCp0442wLA2n0q462TOtTkF9+ cSbFy3ftlNUqfejJvl0ZKg== 0000950117-04-003163.txt : 20040830 0000950117-04-003163.hdr.sgml : 20040830 20040830145700 ACCESSION NUMBER: 0000950117-04-003163 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040830 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20040830 DATE AS OF CHANGE: 20040830 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ONEIDA LTD CENTRAL INDEX KEY: 0000074585 STANDARD INDUSTRIAL CLASSIFICATION: JEWELRY, SILVERWARE & PLATED WARE [3910] IRS NUMBER: 150405700 STATE OF INCORPORATION: NY FISCAL YEAR END: 0130 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05452 FILM NUMBER: 041005182 BUSINESS ADDRESS: STREET 1: C/O INTERNAL AUDITOR STREET 2: 163 -181 KENWOOD AVE CITY: ONEIDA STATE: NY ZIP: 13421 BUSINESS PHONE: 3153613694 MAIL ADDRESS: STREET 1: 163-181 KENWOOD AVENUE CITY: ONEIDA STATE: NY ZIP: 13421 FORMER COMPANY: FORMER CONFORMED NAME: ONEIDA COMMUNITY LTD DATE OF NAME CHANGE: 19680724 8-K 1 a38299.txt ONEIDA LTD. 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) August 30, 2004 -------------------------------- ONEIDA LTD. (Exact name of Registrant as specified in its charter) NEW YORK 1-5452 15-0405700 - -------------------------------------------------------------------------------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification Number) 163-181 KENWOOD AVENUE, ONEIDA, NEW YORK 13421 - ---------------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (315) 361-3000 ------------------------------ Former name or former address, if changed since last report N/A --------------------- ITEM 8.01. OTHER EVENTS The information required by this Item is incorporated by reference to a press release dated August 30, 2004, which is attached as an exhibit to this Form. ITEM 9.01. FINANCIAL STATEMENTS & EXHIBITS. (c.) Exhibits EXHIBIT 99.1 Press Release dated August 30, 2004. 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. ONEIDA LTD. By: /s/ PETER J. KALLET ------------------- Peter J. Kallet Chairman of the Board, President & Chief Executive Officer Dated: August 30, 2004 STATEMENT OF DIFFERENCES The trademark symbol shall be expressed as................................ 'TM'
EX-99 2 ex99-1.txt EXHIBIT 99.1 EXHIBIT 99.1 ONEIDA NEWS RELEASE INVESTOR RELATIONS CONTACTS: PRESS CONTACTS: Gregg Denny, Chief Financial Officer David Gymburch, Corporate Public Relations Oneida Ltd. (315) 361-3138 Oneida Ltd. (315) 361-3271
FOR IMMEDIATE RELEASE ONEIDA LTD. COMPLETES SALE OF ENCORE SUBSIDIARY TO BRADSHAW INTERNATIONAL ONEIDA, NY - August 30, 2004 - In conjunction with a previous announcement, Oneida Ltd. (OTC:ONEI) today announced that it has completed the sale of substantially all of the assets of its Encore Promotions, Inc. subsidiary to Bradshaw International, Inc., and has entered into a licensing agreement with Bradshaw. Based in Malta, N.Y., Encore markets tabletop products and related home accessories to the supermarket industry, and will continue to offer Oneida-branded products under the licensing agreement between Bradshaw and Oneida. Bradshaw, based in Rancho Cucamonga, CA., is a leading marketer and distributor of kitchenware products including the Good Cook'TM' brand. "This sale and licensing agreement coordinate with Oneida's business restructuring, as the company's direct commitment to core operations is coupled with other avenues for exploring additional market growth," Oneida Chairman and Chief Executive Officer Peter J. Kallet said. "Encore and Bradshaw will be a very effective combination for the ongoing advancement of our company's product placements within the supermarket industry. We anticipate that their respective strengths and specialized marketing strategies will work together seamlessly in regard to the licensing agreement." Oneida Ltd. is a leading source of flatware, dinnerware, crystal, glassware and metal serveware for both the consumer and foodservice industries worldwide. Forward Looking Information With the exception of historical data, the information contained in this Press Release, as well as those other documents incorporated by reference herein, may constitute forward-looking statements, within the meaning of the Federal securities laws, including but not limited to the Private Securities Litigation Reform Act of 1995. As such, the Company cautions readers that changes in certain factors could affect the Company's future results and could cause the Company's future consolidated results to differ materially from those expressed or implied herein. Such factors include, but are not limited to: changes in national or international political conditions; civil unrest, war or terrorist attacks; general economic conditions in the Company's own markets and related markets; difficulties or delays in the development, production and marketing of new products; the impact of competitive products and pricing; certain assumptions related to consumer purchasing patterns; significant increases in interest rates or the level of the Company's indebtedness; inability of the Company to maintain sufficient levels of liquidity; failure of the Company to obtain needed waivers and/or amendments relative to its financing agreements; foreign currency fluctuations; major slowdowns in the retail, travel or entertainment industries; the loss of several of the Company's key executives, major customers or suppliers; underutilization of or negative variances at some or all of the Company's plants and factories; the Company's failure to achieve the savings and profit goals of any planned restructuring or reorganization programs; international health epidemics such as the SARS outbreak; the impact of changes in accounting standards; potential legal proceedings; changes in pension and medical benefit costs; and the amount and rate of growth of the Company's selling, general and administrative expenses.
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