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 14, 1997
BIOCONTROL TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)
Pennsylvania 0-10822 25-1229323
(State of other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
300 Indian Springs Road, Indiana, Pennsylvania 15701
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (412) 349-1811
_________________________________________________________________
(Former name or former address,
if changes since last report.)
Item 1. Change in Control of Registrant.
Not applicable.
Item 2. Acquisition or Disposition of Assets.
Not applicable.
Item 3. Bankruptcy or Receivership.
Not applicable.
Item 4. Changes in Registrant's Certifying Accountant
Not applicable.
Item 5. Other Events.
On April 14, 1997, Biocontrol Technology, Inc.
(NASDAQ:BICO) announced that one of its subsidiary products, PRPr
oil spill cleanup product, was the subject of a main industry
paper, entitled Bioaugmentation and Biostimulation: A Paradox
Between Laboratory and Field Results," delivered on April 10,
1997 at the International Oil Spill Conference and Exposition
held at the Ft. Lauderdale Convention Center, Ft. Lauderdale, FL.
PRP is manufactured and marketed by BICO subsidiary Petrol Rem,
Inc.
Item 6. Resignation of Registrant's Directors.
Not Applicable
Item 7. Financial Statement, Pro Forma Financial Information
and Exhibits.
(a) Financial Statements and Businesses Acquired - Not
Applicable.
(b) Pro Forma Financial Information - Not Applicable.
(c) Exhibits-Press Release
SIGNATURES
Pursuant to the requirement 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.
BIOCONTROL TECHNOLOGY, INC.
by /s/ Fred E. Cooper
Fred E. Cooper, CEO
DATED: April 14, 1997
BICO
BIOCONTROL TECHNOLOGY, INC.
2275 Swallow Hill Road, Bldg. 2500
Pittsburgh, PA 15220
Press Release
Release: Immediate
For More Information, Call:
Investors Media
Diane McQuaide
Susan Taylor
1.412.429.0673 phone
1.412.279.9455 phone
1.412.279.9690 fax
1.412.279.9447 fax
BIOCONTROL PRODUCTS GAIN RECOGNITION AND INCREASED SALES
Pittsburgh, PA - April 14, 1997 - Biocontrol Technology,
Inc. (Nasdaq:BICO) announced today that one of its subsidiary
products, PRP oil spill cleanup product, was the subject of a
main industry paper, entitled Bioaugmentation and Biostimulation:
A Paradox Between Laboratory and Field Results," delivered on
April 10, 1997 at the International Oil Spill Conference and
Exposition held at the Ft. Lauderdale Convention Center, Ft.
Lauderdale, FL. PRP is manufactured and marketed by BICO
subsidiary Petrol Rem, Inc.
Authored by Dr. Kenneth Lee, of the Marine Environmental
Sciences Division, Fisheries and Oceans Canada, and
collaborators, the paper describes an extensive study using PRP
in an oiled beach environment. To prove the goal of the
experimentation, which was to demonstrate the utility of
laboratory tests in predicting the efficacy of bioremediation
strategies in the field, the authors chose to use an inorganic
fertilizer and a commercially available bioremediation agent
(PRP) to evaluate this important issue.
John P. Opsasnick, Petrol Rem Vice President of
Environmental Services, said, "The study concluded that `[PRP]
does enhance natural biodegradation rates and it limits the
transport of beached oil to more sensitive areas.'"
The biennial Oil Spill Conference, attended by over 1,500,
is the only such conference sponsored jointly by private industry
and the Federal government. It is sponsored by the American
Petroleum Institute, the US Environmental Protection Agency, the
US Coast Guard, the International Maritime Organization and the
International Petroleum Industry Environmental Conservation
Association to aid development in the prevention, behavior,
control, and clean up of the world's oil spills.
Biocontrol further said today that Petrol Rem's BIO-SOKr
bilge maintenance system, which consists of PRP, is steadily
gaining market share with increased sales. Only on the market
for about nine months, the innovative BIO-SOK is now sold in many
parts of the world. Petrol Rem has established distributors for
the BIO-SOK in Italy, Puerto Rico, Netherlands, Canada, England,
Hong Kong, Indonesia, Malaysia, Singapore, Brunei, Australia, and
New Guinea.
The distributor agreement for Australia/New Guinea is the
largest single agreement and calls for Bainbridge International
in Queensland, Australia to purchase a minimum of $923,125 worth
of product over a five year period.
Petrol Rem is currently also in final negotiation with
several additional domestic and foreign distributors.
BIO-SOK bilge maintenance system, which has garnered several
important industry innovation awards, is now sold in most United
States coastal areas. In addition to direct sales, a network of
distributors is being established and already covers 80% of the
East Coast, including Florida, and the Great Lakes area. Focus
is now being moved to the West Coast where one distributor has
already been set. In addition, established marine accessory
dealers have also begun to carry the BIO-SOK in both stores and
catalogues.
"Having begun to sell the BIO-SOK only nine short months
ago, just one SOK at a time through our 800 number," said Anthony
J. Feola, chief executive officer of Petrol Rem, Inc., "it is
very encouraging to see the orders now coming in by the case and
pallet. In the first three months of 1997, Petrol Rem has
already realized more in sales from the SOK than in all of the
first six months it was on the market. Because of the increased
levying of fines for discharging oil into marina waters and the
easy and effective way in which BIO-SOK can prevent those fines
and keep a boat bilge clean, we expect strong sales and profit in
the next nine months from this completely unique product."
100% guaranteed BIO-SOK bilge maintenance system with all
natural ingredients, is available from marina shops, marine
supply stores, and from the Company directly (1.800.246.2275).
Depending upon the type and amount of contaminant, the SOK will
last an entire boating season.
Biocontrol Technology, Inc. has its corporate offices in
Pittsburgh, PA and is involved in the development and manufacture
of biomedical devices and environmental products. Petrol Rem,
Inc. develops and manufactures unique oil spill response products
and has offices, as well as manufacturing and warehousing
facilities, in Pittsburgh, Florida
