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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):
April 4, 1995
MMI MEDICAL, INC.
(Exact name of registrant as specified in its charter)
California 0-13608 95-3619990
(State or other jurisdiction (Commission File (I.R.S. Employer
of incorporation) Number) IdentificationNumber)
1611 Pomona Road, Corona, California 91720
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(909) 736-4570
Not Applicable
(Former name of former address, if changed since last report)
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The Exhibit Index appears on Page 4
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Item 5. Other Events
The Registrant publicly announced it will not pay a quarterly dividend for
the fourth quarter of the current fiscal year and has suspended the issuance
of such quarterly dividends for an indefinite period. The Registrant's
press release of April 4, 1995 attached to this report as Exhibit 20.1 is
incorporated herein by reference.
The Exhibit Index is attached hereto as page 4.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant had duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: April 4, 1995 MMI MEDICAL, INC.
(Registrant)
By: /s/ James P. Butler
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James P. Butler
Vice President, Finance and
Chief Financial Officer
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EXHIBIT INDEX
Exhibit PAGE
20.1 Press Release dated April 4, 1995 5
Page 4 of 5
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FOR IMMEDIATE RELEASE CONTACT: JAMES P. BUTLER
CHIEF FINANCIAL OFFICER
909-736-4570
MMI MEDICAL, INC.
1611 Pomona Road
Corona, CA 91720
MMI MEDICAL, INC. ELECTS TO DISCONTINUE QUARTERLY DIVIDEND
CORONA, CA., April 4, 1995 - MMI MEDICAL, INC. (NASDAQ - MMIM) announced
today that its Board of Directors has elected not to pay a quarterly
dividend for the current quarter and to suspend for an indefinite period the
payment of regular quarterly dividends.
Dr. Samuel Salen, President and Chief Executive Officer of MMI Medical, Inc.
("MMI") commented, "MMI's Board of Directors has focused on a vision of a
larger organization based on the company's position as a national provider
of multi-vendor maintenance services. The Board believes the best use of
the company's internally generated profits is an investment in the company's
own future and that such an investment is likely to increase shareholder
value beyond the historical level of quarterly dividend payments. The Board
will continue to review the dividend policy of the company in order to
balance the investment requirements necessary to build a larger organization
providing a broader service product with the interest of shareholders in
receiving regular cash dividends."
MMI, through its various subsidiaries, provides hospitals, clinics and
private physicians' offices with maintenance services for diagnostic imaging
equipment, shared mobile computed tomography and cardiac catheterization
services and other radiological parts and supplies.
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