-----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, MYZyVB7Lh55fwMoy5bCW9GnbmwxREIvLo0NIaykdpSViPFz8XzWQLdo5P+NJMRsr 9pw1jN35xFkm5SnsWb0qrw== 0000912057-02-010250.txt : 20020415 0000912057-02-010250.hdr.sgml : 20020415 ACCESSION NUMBER: 0000912057-02-010250 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020315 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020318 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LANCER CORP /TX/ CENTRAL INDEX KEY: 0000768162 STANDARD INDUSTRIAL CLASSIFICATION: AIR COND & WARM AIR HEATING EQUIP & COMM & INDL REFRIG EQUIP [3585] IRS NUMBER: 741591073 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09998 FILM NUMBER: 02577166 BUSINESS ADDRESS: STREET 1: 6655 LANCER BLVD CITY: SAN ANTONIO STATE: TX ZIP: 78219 BUSINESS PHONE: 2103107000 MAIL ADDRESS: STREET 1: 6655 LANCER BLVD CITY: SAN ANTONIO STATE: TX ZIP: 78219 8-K 1 a2073627z8-k.txt 8-K UNITED STATES 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): MARCH 15, 2002 LANCER CORPORATION (Exact name of registrant as specified in its charter) TEXAS 0-13875 74-1591073 (State or other jurisdiction of (Commission (IRS Employer incorporation or organization) File Number) Identification No.) 6655 LANCER BLVD., SAN ANTONIO, TEXAS 78219 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (210) 310-7000 ITEM 5. OTHER EVENTS The registrant's press release dated March 15, 2002, regarding the announcement concerning VRTX Technology is attached as Exhibit 99.2. ITEM 7(C). EXHIBITS o 99.2 Press release announcement concerning VRTX Technology. 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. LANCER CORPORATION (Registrant) March 15, 2002, By: /s/ GEORGE F.SCHROEDER ------------------------- GEORGE F. SCHROEDER PRESIDENT EXHIBIT INDEX 99.2 Press release announcement concerning VRTX Technology. EX-99.2 3 a2073627zex-99_2.txt EXHIBIT 99.2 Exhibit 99.2 NEWS RELEASE FOR IMMEDIATE RELEASE: FRIDAY MARCH 15, 2002 Contact: Scott Adams Lancer Corporation 6655 Lancer Blvd. San Antonio, Texas 78219 (210) 310-7065 LANCER MAKES ANNOUNCEMENT CONCERNING VRTX TECHNOLOGY SAN ANTONIO, TEXAS, March 15, 2002 - Lancer Corporation (ASE: LAN) announced a development involving its VRTX technology. Lancer has formed a new company, VRTX Technology Corporation (the "Company") that has entered into a definitive agreement to acquire the marketing rights to the VRTX technology from A.W. Chesterton Company. Terms of the transaction were not disclosed. Closing of the transaction is subject to VRTX Technology Corporation obtaining satisfactory debt and/or equity financing to complete the purchase of the marketing rights, and to fund future growth of the Company. Lancer had previously licensed Chesterton to market certain products based on the technology. Lancer will continue to manufacture VRTX units, and will sell them to the Company. The Company expects to operate and finance itself independently from Lancer. VRTX is a non-chemical water treatment system that simultaneously controls scale, corrosion, and microorganisms. The system reduces operating costs as it uses no chemicals and significantly reduces water usage and sewage disposal. Current VRTX customers are industrial users that process water through cooling towers and condensers. Additional information is available at www.vrtx-technologies.com. Alfred A. Schroeder, Lancer's Chairman, commented: "Although the VRTX product is still fairly new in the market, it is experiencing good growth, including important repeat orders from customers with multiple locations. Our enthusiasm about the prospects for this product line caused us to create a single-minded organization that we hope will accelerate VRTX's growth." Lancer is a leading manufacturer and distributor of fountain soft drink and beer dispensing equipment and related parts and components, serving customers worldwide. The Company, headquartered in San Antonio, Texas, has manufacturing facilities in San Antonio, Texas; Adelaide, Australia; and Piedras Negras, Mexico. Lancer operates distribution centers in Chicago, Illinois; Sydney, Australia; Brussels, Belgium; Monterrey, Mexico; Auckland, New Zealand; and Moscow, Russia. Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the Company cautions investors that any forward-looking statements or projections made by the Company, including those made in this document, are subject to risks and uncertainties that may cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, uncertainties related to economic conditions, market demand for the Company's products, the availability of financing, and other uncertainties related to the completion of the proposed transaction and the viability of the new company. -----END PRIVACY-ENHANCED MESSAGE-----