ROFIN SINAR TECHNOLOGIES INC
8-K, 1998-06-04
MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES
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          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):   June 4, 1998


                   ROFIN-SINAR TECHNOLOGIES, INC.
       ------------------------------------------------------
       (Exact name of registrant as specified in its charter)

       
         Delaware                      000-21377            38-3306461
- -------------------------------     ----------------     -----------------
(State of other jurisdiction of       (Commission         (I.R.S. Employer
 incorporation or organization)       File Number)       Identification No.)


          45701  Mast Street, Plymouth, MI                     48170 
   ------------------------------------------------         -----------
       (Address of principal executive offices)              (Zip Code)


                          (734) 455-5400
       ----------------------------------------------------------
         (Registrant's telephone number, including area code)


       ----------------------------------------------------------
          (Former name, former address and former fiscal year,
                   if changed since last report)

<PAGE>
ITEM 5 - OTHER EVENTS

The registrant announced the signing of a technology co-operation and 
distribution agreement between Rofin-Sinar UK Ltd. and Lasertechnics marking 
Corporation.  The contract allows for the supply of Rofin-Sinar's low power 
CO2 lasers and future technical co-operation for the design and continuing 
development of the Lasertechnics Marking Corporation range of BlazerJet? dot 
matrix marking systems.  In addition, the agreement also covers joint co-
operation for distribution of Lasertechnics Marking Corporation products in 
European and Pacific Rim territories. 


ITEM 7 - FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
A)  Not Applicable
B)  Not Applicable
C)  Exhibits:
    99 - Press Release dated June 4, 1998


                                  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.

                        ROFIN-SINAR TECHNOLOGIES, INC.
                        By:  /s/  GUNTHER BRAUN 
                        -------------------------------------
                        Gunther Braun
                        Chief Financial Officer

Dated:    June 4, 1998
<PAGE>


ROFIN-SINAR AND LASERTECHNICS MARKING CORPORATION ANNOUNCE TECHNOLOGY CO-
OPERATION AND DISTRIBUTION AGREEMENT


Plymouth, MI / Hamburg, Germany, June 4th 1998 - ROFIN-SINAR Technologies, 
Inc., (NASDAQ: RSTI), one of the world's leading developers and 
manufacturers of high performance laser beam sources, today announced the 
signing of a technology co-operation and distribution agreement between 
Rofin-Sinar UK Ltd., UK, a subsidiary, and Lasertechnics Marking 
Corporation, Albuquerque, USA, a subsidiary of AXCESS Inc., (NASDAQ: AXSI). 

Lasertechnics Marking Corporation provides laser marking systems and related 
technologies for a diverse range of industrial and commercial markets and 
Rofin-Sinar UK Ltd. is the newly formed UK company which is currently 
involved in developing Rofin-Sinar's new range of sealed, low power, carbon 
dioxide lasers in the range 25 to 600 Watts using proprietary diffusion 
cooled Slab-laser technology.

The contract allows for the supply of Rofin-Sinar's low power CO2 lasers and 
future technical co-operation for the design and continuing development of 
the Lasertechnics Marking Corporation range of BlazerJet? dot matrix marking 
systems. In addition, the agreement also covers joint co-operation for 
distribution of Lasertechnics Marking Corporation products in European and 
Pacific Rim territories. Further terms of the agreement were not disclosed.

Peter Wirth, President and CEO of Rofin-Sinar, commented, `The Laser Coding 
Market is a new business opportunity for Rofin-Sinar. By co-operating with 
Lasertechnics Marking Corporation, who have many years of experience in this 
market sector, and by utilising our combined strengths of technology 
leadership and market knowledge this business has exciting long term growth 
potential.'

Headquartered in Plymouth, Michigan and Hamburg, Germany, Rofin-Sinar 
Technologies, Inc. designs, develops, engineers and manufactures industrial 
laser products for cutting, welding and marking a wide range of materials. 
With production facilities in the US, Germany, Japan and the UK, Rofin-Sinar 
is one of the world's leading designers and manufacturers of industrial 
lasers. Rofin-Sinar's common shares trade on the NASDAQ National Market 
System under the symbol RSTI. Additional information is available on Rofin-
Sinar's home page: http://www.rofin.com

AXCESS Inc., founded in 1982 as Lasertechnics, Inc., consists of two 
operating subsidiaries: (1) AXCESS Inc. of Dallas, TX which produces fraud-
resistant wallet-size ID cards, assembles and sells dye-sublimation card 
printers, and markets technology and solutions for access management and 
control systems through dealers and integrators; and (2) Lasertechnics 
Marking Corporation of Albuquerque, NM which provides laser marking systems 
and related technologies for a diverse range of industrial and commercial 
markets. For additional details see Letter to Shareholders on 
http://www.axsi.com 

The statements in this press release that relate to future plans, events or 
performance are forward-looking statements that involve risks and 
uncertainties related to contract cancellations, manufacturing risks, 
competitive factors, uncertainties pertaining to customer orders, demands 
for products and services, development of markets for the Company's products 
and services and other risks identified in the Company's SEC filings.

Actual results, events and performance may differ materially. Readers are 
cautioned not to place undue reliance on these forward-looking statements, 
which speak only as of the date hereof. The Company takes no obligation to 
release publicly the result of any revisions to these forward-looking 
statements that may be made to reflect events or circumstances after the 
date hereof or to reflect the occurrence of unanticipated events.

Readers are encouraged to refer to the risk disclosures outlined in the 
Company's reports on Forms 10-K, 10-Q and 8-K, as applicable.


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