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 6, 2000
SCHICK TECHNOLOGIES, INC.
(Exact Name of Registrant as Specified in its Charter)
State of Delaware 000-22673 11-3374812
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
31-00 47th Avenue
Long Island City, New York 11101
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (718) 937-5765
- --------------------------------------------------------------------------------
(Former Name or Former Address, if
Changed Since Last Report)
<PAGE>
ITEM 5. Other Events.
On April 6, 2000, the Registrant entered into a Distributorship Agreement
(the "Agreement") with Patterson Dental Company ("Patterson"). The Agreement
provides for Patterson to be the exclusive distributor of Registrant's CDR(R)
digital dental products throughout North America. A copy of the Registrant's
press release, dated April 13, 2000, announcing the Agreement, is filed as
Exhibit 99.1 hereto.
ITEM 7. Financial Statements, Pro Forma Financial Information And Exhibits.
Exhibit 99.1: Press release dated April 13, 2000.
SIGNATURE
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.
SCHICK TECHNOLOGIES, INC.
-------------------------
(Registrant)
Date: April 13, 2000 By: /s/ David B. Schick
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David B. Schick
Chief Executive Officer
Schick Technologies Signs Strategic Distribution Agreement
with Patterson Dental Company
LONG ISLAND CITY, N.Y., April 14 -- Schick Technologies, Inc. (OTC: SCHK) today
announced the signing of an exclusive distribution agreement with Patterson
Dental Company (Nasdaq: PDCO). Beginning May 1, 2000, Patterson Dental Company
will be the exclusive distributor of Schick's complete line of CDR(R) digital
dental products throughout North America. As Schick's exclusive distribution
partner, Patterson is expected to play a key role in the promotion, sale,
installation, service and support of Schick's digital product line through the
deployment of personnel in each of its branches in North America.
"We are very excited about the new strategic relationship between Schick
Technologies and Patterson Dental and believe that it positions both companies
to offer the dental community the most comprehensive sales and support process
available in the industry today," stated Mike Stone, Vice-President of Sales and
Marketing at Schick Technologies. "By fully integrating its practice management
software business into its local branch offices and adding technical sales and
service, Patterson has created a unique delivery system for digital technology
products. Dentists can feel secure that their trusted Patterson personnel will
be there to support the entire transition to digital dentistry."
"We are very excited to add Schick Technologies as a key vendor partner of
Patterson Dental," stated Brian Watson, Vice President-Marketing, Patterson
Dental Company. "Digital products and services are among the fastest growing
markets in dentistry today. Offering the high quality products of Schick via our
single-source approach will no doubt enhance the value we bring to our
customers."
Schick Technologies, Inc., an ISO 9001 certified company, designs, develops, and
manufactures innovative digital radiographic imaging systems and devices for the
dental and medical markets. The Company's products, which are based on
proprietary digital imaging technologies, create instant high-resolution
radiographs and offer significant advantages over conventional x-ray devices.
The Company's plans concerning the role to be played and activities to be
performed by Patterson Dental Company, and the beliefs of the Company and of
Patterson as to the anticipated results and benefits of the agreement between
Schick and Patterson, and other information in this announcement which is not
historical constitute forward-looking statements as defined in the Private
Securities Litigation Reform Act of 1995. The matters discussed in this news
release are subject to various factors which could cause actual events and
results to differ materially from such statements. Such factors include
uncertainties as to the future sales volume of Schick's products and the ability
of Schick and Patterson to successfully implement the terms of their agreement,
and other risks and uncertainties including those detailed in the Company's
filings with the Securities and Exchange Commission.
CONTACT: Eli Schick, Investor Relations of Schick Technologies, 718-937-5765,
ext. 2225
