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 27, 1998
Commission File Number 0-09519
REGENT TECHNOLOGIES, INC.
(Exact name of Registrant as specified in its charter)
Colorado 84-0807913
(State of Incorporation) (IRS Employer
Identification No.)
16415 Addison Road, Suite 150, Dallas, Texas 75248
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: 972-732-9585
Item 5. Other Items
(a) Regent Technologies, Inc. has entered into a letter of intent for Regent
Digital Imaging, Inc., its wholly owned subsidiary, to acquire Digital Press
& Imaging, LLC, in a transaction valued at about $4,500,000. Regent Digital
Imaging, Inc. provides a broad range of digital prepress and digital short
run full color digital offset printing services to the graphic arts industry
in the Dallas-Ft. Worth markets. Digital Press & Imaging, LLC operates three
prepress and digital printing operations, one each in Tulsa, Oklahoma and
Austin and San Antonio, Texas. The three operating centers of Digital Press &
Imaging, LLC had combined sales of approximately $900,000 for the quarter
ended March 31, 1998.
After the transaction, Digital Press & Imaging, LLC will operate under the
auspices of Regent Digital Imaging, Inc. This will expand the markets
serviced by Regent Digital Imaging, Inc. beyond the existing Dallas-Ft. Worth
client base.
Regent Digital Imaging, Inc.'s digital prepress capabilities include
equipment for the creation and combination of text and graphics or
photographs, and facilities for the receipt of customer data files via the
Internet. After a design is approved for printing, Regent Digital Imaging,
Inc. utilizes state-of-the-art digital sheetfed printing equipment to provide
significantly faster turnaround than the traditional printing, publishing and
packaging industries.
Regent Technologies, Inc. and subsidiary companies provide Internet,
telecommunications and digital printing products and services to the
corporate and professional marketplace. Regent Digital Imaging, Inc.
acquires and manages digital print and prepress businesses.
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 thereunto duly authorized.
REGENT TECHNOLOGIES, INC.
David A. Nelson
President
Date: May 11, 1998
