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SCHEDULE 14A
(RULE 14A-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES
EXCHANGE ACT OF 1934 (AMENDMENT NO. )
Filed by the registrant [ ]
Filed by a party other than the registrant [X]
Check the appropriate box:
[ ] Preliminary proxy statement. [ ] Confidential, for use of the
Commission only (as permitted by
Rule 14a-6(e)(2).
[ ] Definitive proxy statement.
[X] Definitive additional materials.
[ ] Soliciting material pursuant to Rule 14a-11(c) or Rule 14a-12.
PRINTWARE, INC.
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(Name of Registrant as Specified in Its Charter)
PYRAMID TRADING LP
OAKMONT INVESTMENTS LLC
DANIEL ASHER
GARY KOHLER
ANDREW REDLEAF
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(Name of Person(s) Filing Proxy Statement if Other Than the Registrant)
Payment of filing fee (check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and
0-11.
(1) Title of each class of securities to which transaction applies:
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(2) Aggregate number of securities to which transaction applies:
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(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
filing fee is calculated and state how it was determined):
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(4) Proposed maximum aggregate value of transaction:
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(5) Total fee paid:
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[ ] Fee paid previously with preliminary materials.
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[ ] Check box if any part of the fee is offset as provided by Exchange Act
Rule 0-11(a)(2) and identify the filing for which the offsetting fee
was paid previously. Identify the previous filing by registration
statement number, or the form or schedule and the date of its filing.
(1) Amount Previously Paid:
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(2) Form, Schedule or Registration Statement No.:
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(3) Filing Party:
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(4) Date Filed:
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PRESS RELEASE
OPPOSITION GROUP WINS PRINTWARE PROXY CONTEST
Minneapolis, Minn. - June 12, 2000 - Shareholders of Printware, Inc. of
Eagan, Minnesota (NASDAQ: PRTW), based on preliminary figures released by the
inspector of elections, voted to elect all nominees of the Shareholders'
Committee to Improve Printware Shareholder Value (the "Committee") to the board
of directors of Printware. The Committee's nominees are Charlie Bolger, Stanley
Goldberg, Roger Lucas, Douglas Pihl, Gary Kohler and Andrew Redleaf. These
preliminary results are subject to final verification and both sides have an
opportunity to review the vote count if they desire to do so.
Gary S. Kohler, a spokesperson for the opposition slate, stated: "I am
gratified by Printware's shareholders' strong statement of support by voting to
elect our new board. It is difficult to unseat an incumbent board. Our message
to shareholders has been a message of realism - that change is needed - and
shareholders have agreed with us."
Mr. Kohler continued, "We look forward to a smooth transition as our
directors begin their review of Printware."
Printware's Annual Meeting of Shareholders was held last week on June
7, 2000. Printware announced at the Annual Meeting that final results would be
released June 16, 2000. The Committee consists of Pyramid Trading LP, Oakmont
Investments LLC, Daniel Asher, Gary Kohler and Andrew Redleaf.
Contact: Gary S. Kohler, Shareholders' Committee to Improve Printware
Shareholder Value, tel. 612-253-6027.
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