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): April 8, 1999
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BACOU USA, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE
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(State or other jurisdiction of incorporation)
0-28040 05-0470688
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Commission file number) (IRS Employer Identification Number)
10 Thurber Boulevard, Smithfield, RI 02917
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 401-233-0333
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Item 5. OTHER EVENTS
(a) Pursuant to Form 8-K, General Instruction F, Registrant hereby
incorporates by reference the press release attached hereto as Exhibit
99.
(b) Exhibits
Item 601
Exhibit Exhibit Title
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Exhibit 99 Press Release
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
BACOU USA, INC.
Registrant
By: /s/ Philip B. Barr
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Philip B. Barr
Executive Vice President and
Chief Financial Officer
Dated: April 8, 1999
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Contact:
At the Company: At The Financial Relations Board
401-233-0333 212-661-8030
Philip B. Barr Analyst Information: John McNamara
Chief Financial Officer Media Information: Alan Goldsand
Investor Relations General Information: Jeff Bogart
FOR IMMEDIATE RELEASE
BACOU USA ANNOUNCES NEW TITMUS OPTICAL PRESIDENT
o Thomas J. Goeltz Appointed President, Promoted
From Senior Vice President Sales
Smithfield, R.I., April 8, 1999 -- Bacou USA, Inc. (NYSE: BAU), a leading
manufacturer of personal protective equipment, announced today that Thomas J.
Goeltz has been appointed President of the company's Titmus Optical, Inc.
subsidiary, succeeding Bradford L. Brooks. Mr. Goeltz has been with Titmus for
over 23 years, serving as Senior Vice President Sales until his appointment as
President.
"Our Titmus Optical subsidiary is the market leader in safety Rx frames," said
Walter Stepan, Vice Chairman, President and CEO of Bacou USA, Inc. "Over the
years, Tom has been the most critical link to our customers, and he knows what
is most important to them. As President, we expect that Tom will provide the
leadership necessary to grow the Titmus business and ensure that the entire
Titmus organization is highly focused on the needs of our customers as the first
priority."
"This promotion is both an honor and a challenge," said Goeltz. "Titmus Optical
has built a tremendous reputation for quality products over the years, which has
resulted in brand loyalty among customers and market leadership. I am committed
to the manufacture of quality products, competitive pricing and a high level of
customer service in order to maintain and grow our market share. With the
support of the Titmus management team and our dedicated workforce, and utilizing
the significant capital improvements that we have recently made at Titmus, I am
confident that Titmus Optical will be a stronger competitor than ever before."
<PAGE>
Titmus Optical was founded in 1908 and has been headquartered in Petersburg,
Virginia since its founding. Bacou USA purchased Titmus Optical in September
1995. Following the acquisition, Titmus constructed a new manufacturing facility
in Petersburg and made significant investments in new machinery and equipment,
including a state-of-the-art plating line and other automated equipment.
According to the most recent Form 10-K of Bacou USA, Titmus Optical reported net
sales of approximately $30.2 million in the year ended December 31, 1998.
Bacou USA, Inc. designs, manufactures and sells leading brands of products that
protect the sight, hearing, respiratory systems and hands of workers, as well as
related instrumentation including visions screeners, gas monitors and test
equipment for self-contained breathing apparatus. The company's products,
marketed under Uvex(R), Howard Leight(R), Perfect Fit(R), Survivair(R),
Pro-Tech(R), Biosystems, Titmus(R), LaserVision and Lase-R Shield(TM) brand
names, are sold principally to industrial safety distributors, fire fighting
equipment distributors and optical laboratories. News and information about
Bacou USA are available on the Worldwide Web at http://www.bacouusa.com.
To receive additional information on Bacou USA, Inc., via fax,
at no charge, dial 1-800-PRO-INFO and enter code BAU.
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Statements contained in this press release that are not historical facts are
forward-looking statements that are made pursuant to the safe harbor provisions
of the Private Securities and Litigation Reform Act of 1995. In addition, words
such as "believes," "anticipates," "expects" and similar expressions are
intended to identify forward-looking statements. Forward-looking statements
involve risks and uncertainties, including but not limited to the timely
development and acceptance of new products, the impact of competitive products
and pricing, changing market conditions, the successful integration of
acquisitions, continued availability and favorable pricing of raw materials, the
ability of the company and its key vendors to successfully respond to Year 2000
issues and the other risks detailed in the company's prospectus filed March 27,
1996, and from time to time in other filings. Actual results may differ
materially from those projected. These forward-looking statements represent the
company's judgment as of the date of this release. The company disclaims,
however, any intent or obligation to update these forward-looking statements.
