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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 15(D) OF THE SECURITIES ACT OF 1933
Date of Report (Date of earliest event reported): July 17, 1998
IMATEC, LTD.
(Exact name of Registrant as specified in its charter)
Delaware 0-21752 11-3289398
(State of incorporation) (Commission file number) (IRS Employer Identification
Number)
150 East 58th Street, New York, New York 10155
(Address of principal executive offices)
(212) 826-0449
(Registrant's telephone number)
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ITEM 6. Resignation of Director
On July 17, 1998, through a letter addressed to the board of directors (the
"Board") of the Registrant, Neil Factor, a director of the Registrant since
November 30, 1995, resigned effective immediately. Mr. Factor cited his
deteriorating health as his reason for resigning.
To the best of the Board's information and belief, at no time during Mr.
Factor's term as a director was there a disagreement between Mr. Factor and
the Board relating to the Registrant's operations, policies or practices.
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Pursuant to the requirements of the Securities and Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
IMATEC, LTD.
/s/ Dr. Hanoch Shalit
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DR. HANOCH SHALIT
Chairman, President and Chief
Executive Officer
Dated: July 22, 1998
