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
April 24, 1998
DATE OF REPORT (Date of earliest event reported)
BRASS EAGLE INC.
(Exact name of registrant as specified in its charter)
DELAWARE 0-23385 71-0578572
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification Number)
1203A North Sixth Street
Rogers, Arkansas 72756
(Address of principal (Zip Code)
executive offices)
(501) 621-4390
(Registrant's telephone number, including area code)
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Item 5. Other Events.
Registrant announced in a press release issued
Friday, April 24, 1998, that it was recalling the lenses
on certain Xtreme Vision 280 paintball goggles. The
announcement stated that the recall was in response to
questions that had been raised regarding the safety of
older versions of the goggles. The recall will apply to
all Xtreme Vision 280 goggles which have lenses that are
not date-stamped and will involve the replacement of the
lenses.
In its press release, Registrant stated that no
injuries have been reported to it as a result of goggle
cracking or breakage.
The manufacturer of the goggles, Leader of Montreal,
Quebec, Canada, will participate in and assume the cost
of the recall. Although Registrant expects that the
recall will adversely affect sales of the Xtreme Vision
280 goggles, it believes that the impact on its financial
condition will not be material.
A copy of the press release is attached hereto as
Exhibit 99 and is incorporated herein by reference.
Item 7. Exhibits
99 Press Release dated April 24, 1998, issued by
Registrant.
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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.
BRASS EAGLE INC.
By: /s/ E. Lynn Scott
------------------
E. Lynn Scott
President and Chief
Executive Officer
Date: April 27, 1998
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Exhibit Index
Exhibit No. Exhibit
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99 Press Release dated April 24, 1998
Issued by Registrant
<PAGE>
EXHIBIT 99
BRASS EAGLE INC.
PRESS RELEASE
APRIL 24, 1998
Questions have been raised regarding the safety of the
Xtreme Vision 280 paintball goggles. In response Brass
Eagle had the goggles tested at an independent lab, and
they were certified as meeting all ASTM Standards. To
date Brass Eagle has had zero injuries reported to us as
a result of goggle cracking or breakage.
However, there have been assertions of problems regarding
older Xtreme Vision 280 goggles. Again there have been
no injuries reported to us. To insure customer
satisfaction and confidence, and after conferring with
Leader (the manufacturer), Brass Eagle has decided to
voluntarily recall the lenses on all Xtreme Vision 280
goggles where the lens itself is not date-stamped, and
replace with new lenses. Details of the voluntary recall
will be available very soon.
