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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ___________)*
GATEFIELD CORPORATION
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
367339108
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(CUSIP Number)
SEPTEMBER 30, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act, but shall be subject to all other provisions of the Act (however, see
the Notes).
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CUSIP NO. 367339108 13G PAGE 2 OF 5 PAGES
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1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Mitsui Create USA, Inc. ("MCU")
MHT America Holdings, Inc. ("MHT")
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2 Check the Appropriate Box if a Member of a Group
(See Instructions)
(a) This Schedule 13G is a single joint filing by MCU and MHT as the
members of a group pursuant to Section 240.13d-1(k)(2).
(b) Not Applicable
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3 SEC Use Only
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4 Citizenship or Place of Organization MCU -- Delaware
MHT -- Delaware
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Number of
5 Sole Voting Power MCU -- 153,848
Shares MHT -- 153,848
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Beneficially 6 Shared Voting Power
Owned by -----------------------------------------------------
7 Sole Dispositive Power MCU -- 153,848
Each MHT -- 153,848
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Reporting 8 Shared Dispositive Power
Person With
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
MCU -- 153,848 MHT -- 153,848
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10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
Not Applicable
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11 Percent of Class Represented by Amount in Row (9)
MCU -- 3.4% MHT -- 3.4%
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12 Type of Reporting Person (See Instructions)
CO
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CUSIP NO. 367339108 13G PAGE 3 OF 5 PAGES
ITEM 1(A) NAME OF ISSUER:
GateField Corporation
ITEM 1(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
47100 Bayside Parkway, Fremont, California 99538
ITEM 2(A) NAME OF PERSON FILING:
Mitsui Create USA, Inc. ("MCU")
MHT America Holdings, Inc. ("MHT")
ITEM 2(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
MCU: c/o Mitsui Precision Machinery Corp.
1500 East Higgins Road, Unit B
Elk Grove Village, Illinois 6007
MHT: c/o Mitsui High-tec (USA), Inc.
2001 Gateway Place
Suite 201, East Tower
San Jose, California 95110
ITEM 2(C) CITIZENSHIP:
MCU: Delaware corporation
MHT: Delaware corporation
ITEM 2(D) TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(E) CUSIP NUMBER:
367339108
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B),
CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or Dealer registered under Section 15 of the Act
(b) [ ] Bank as defined in Section 3(a)(6) of the Act
(c) [ ] Insurance company as defined in Section 3(a)(19) of the Act
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CUSIP NO. 367339108 13G PAGE 4 OF 5 PAGES
(d) [ ] Investment company registered under Section 8 of the Investment
Company Act of 1940
(e) [ ] An investment adviser in accordance with Section
240.13d-1(b)(1)(ii)(E)
(f) [ ] An employee benefit plan or endowment fund in accordance with
Section 240.13d-1(b)(1)(ii)(F)
(g) [ ] A parent holding company, in accordance with Section
240.13d-1(b)(ii)(G)
(h) [ ] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act
(i) [ ] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act of 1940
(j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J)
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned:
MCU: 153,848 shares of Common Stock
MHT: 153,848 shares of Common Stock
(b) Percent of Class:
MCU: 3.4%
MHT: 3.4%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
MCU: 153,848
MHT: 153,848
(ii) shared power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the disposition of
MCU: 153,848
MHT: 153,848
(iv) shared power to dispose or to direct the dispostion of 0
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of
more than five percent of the class of securities, check the
following [ ].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not Applicable
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CUSIP NO. 367339108 13G PAGE 5 OF 5 PAGES
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable
ITEM 10. CERTIFICATION
By signing below, I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control
of the issuer of the securities and were not acquired and are not held in
connection with or as a participant in any transaction having that purpose
or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Pursuant to the signature of their authorized officer below, the undersigned
corporations hereby stipulate, in lieu of an exhibit as described in Section
240.13d-1(k)(1)(iii), that this Schedule 13G constitutes a joint filing on
behalf of each of them.
October 6, 1999
MITSUI CREATE USA, INC.
/s/ Yasunari Mitsui
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President
MHT AMERICA HOLDINGS, INC.
/s/ Yasunari Mitsui
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Vice President
