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FORM 8 - K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 9, 1998
Trident International, Inc.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
0-27678 06-6403301
(Commission File Number) (I.R.S. Employer Identification No.)
1114 Federal Road, Brookfield, Connecticut 06804
(Address of principal executive offices)
Registrant's telephone number, including area code: (203) 740-9333
Not applicable
(Former name or former address, if changed since last report.)
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Item 5. Other Events.
On September 9, 1998, Trident International, Inc. issued a press release
announcing estimated results for the quarter ending September 30, 1998.
The following is filed as an Exhibit to this Report.
Exhibit Number 99
Description
Press release: Trident International, Inc. announces estimated fourth quarter
results.
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 thereunto duly authorized.
TRIDENT INTERNATIONAL, INC.
Dated: September 21, 1998 By: /s/ J. Leo Gagne
J. Leo Gagne
Vice President and
Chief Financial Officer
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EXHIBIT 99
For Further Information contact:
Trident International, Inc.
Elaine A. Pullen J. Leo Gagne
President and CEO Vice President and CFO
(203) 740-9333 ext. 3042 (203) 740-9333 ext. 3076
TRIDENT INTERNATIONAL, INC. ANNOUNCES
ESTIMATED FOURTH QUARTER RESULTS
FOR IMMEDIATE RELEASE
September 9, 1998
Brookfield, CT (USA) - September 9, 1998 - Trident International, Inc.
(NASDAQ:TRDT) today announced that it expects financial results for its fourth
quarter ending September 30, 1998 to be below analysts' estimates. Based on
current sales information, the company expects fourth quarter net revenues to be
approximately $7,500,000 and net income to be between $.19 to $.21 per share.
" We are obviously very disappointed with these preliminary results" said Elaine
A. Pullen, Trident President and CEO. "We believe there are two factors
affecting revenue this quarter. The launch of the new UltraJet II family of
printheads has created product transition issues with our OEM customers, which
we are feeling the full impact of this quarter. Added to this is the effect of
the weak economy in Asia, which has taken time to work its way through our
supply chain. While our sales to Asian OEM customers have been weak for several
months, we are now also experiencing the effect of this region on export sales
from our US OEM's."
Ms. Pullen continued, "We are aggressively promoting the new UltraJet II family
of products to OEMs. The UltraJet II has performed robustly in field trials and
has been particularly well received in Europe, where its performance with the
new Trident pigmented bar code ink has been exciting."
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Trident International, Inc. designs, manufactures and markets a proprietary
impulse ink jet technology to industrial Original Equipment Manufacturers (OEM)
worldwide. Trident's product line includes patented impulse ink jet printheads,
ink delivery systems, a range of inks and electronic interface circuits.
* * * * * * * *
THIS PRESS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF
SECTION 27A OF THE SECURITIES ACT OF 1933 AND SECTION 21E OF THE SECURITIES
EXCHANGE ACT OF 1934. THE COMPANY'S ACTUAL RESULTS COULD DIFFER MATERIALLY FROM
THOSE SET FORTH IN THE FORWARD-LOOKING STATEMENTS. FACTORS THAT MIGHT CAUSE SUCH
A DIFFERENCE INCLUDE CHANGES IN TECHNOLOGY, CHANGES IN CUSTOMER NEEDS, NEW
PRODUCT DEVELOPMENT, COMPETITIVE FACTORS IN THE INDUSTRIAL PRINTING INDUSTRY AND
THE ABILITY OF TRIDENT'S CUSTOMERS TO DEVELOP AND SELL PRODUCTS.
