<PAGE>
Registration Statement No. 333-78319
Rule 424(b)(3)
FiberChem, Inc.
Supplement dated January 7, 2000 to Prospectus dated May 20, 1999
On January 7, 2000, Fiberchem, Inc. announced audited results for its
fiscal year ended September 30, 1999. FiberChem reported revenues of $1,957,110
compared with revenues of $1,317,600 for the previous 1998 fiscal year, an
increase of 49%. Operating expenses for the year were $2,649,776 compared with
$2,790,213 for fiscal 1998. FiberChem reported a net loss of $2,221,742 ($0.07
per share) compared with a net loss of $2,392,225 ($0.09 per share) for fiscal
1998. Gross profit was 50% of sales for fiscal 1999 compared with 53% of sales
for fiscal 1998.
On December 6, 1999, FiberChem entered into an Arrangement Agreement with
Intrex Data Communications Corp., a British Columbia company for a business
combination of the two companies. The agreement provides that all of Intrex's
outstanding common shares will be exchanged for 62,904,152 FiberChem common
shares, representing the number of FiberChem common shares and certain
equivalents outstanding on November 9, 1999, so that the shareholders of each
company will have an approximately equal interest in the combined enterprise.
Upon completion of the transaction, FiberChem is to be renamed DecisionLink,
Incorporated and will continue to be traded on the electronic over-the-counter
bulletin board.
The completion of the transaction is subject to the satisfaction or waiver
of certain conditions, including, among others:
- the approval of the arrangement by Intrex common shareholders and the
Supreme Court of British Columbia,
- the accuracy of representations and warranties and other usual closing
conditions and
- $5,000,000 in new financing proceeds being available to FiberChem
immediately following the combination on terms and conditions
satisfactory to FiberChem and Intrex.
The Arrangement Agreement also provides that certain outstanding Intrex
warrants and convertible securities will be exchanged for similar FiberChem
securities on the basis of the common share exchange ratio for the transaction.
Under the agreement, Intrex shareholders will have the option initially to
exchange their Intrex voting common shares for a combination of non-voting
Intrex shares and special non-participating voting FiberChem shares shareholders
who elect to receive non-participating voting shares can later exchange them for
the number of FiberChem common shares the holder was initially entitled to
receive. On or after December 6, 2009, holders of non-participating voting
shares can be required to make the exchange.
Intrex is a private company which provides proprietary Internet and
communications
<PAGE>
technology for communicating data to or from remote or mobile assets on a real
time basis using wireless, satellite and cellular data systems. Data is routed
through Intrex's global data network which acts as a data gateway and
applications service provider allowing customers to monitor and control remote
or mobile assets such as gas wells, pipelines, compressors, storage tanks,
offshore platforms, or service vehicles directly from a desktop PC.
Intrex is a licensed reseller of the Orbcomm Global LP low earth orbit or
LEO satellite data and messaging communications services. Orbcomm is a
partnership owned by Orbital Sciences Corporation and Teleglobe, Inc. of Canada.
Intrex also has communications agreements that provide satellite servicesthrough
Norcom, Inc. as well as digital cellular services.
FiberChem will continue to pursue its existing aboveground storage tank,
offshore and sensor markets and intends, upon completion of the transaction, to
incorporate Intrex 's technology where appropriate. FiberChem also intends to
pursue new business in Intrex markets that can incorporate FiberChem technology.
