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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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) October 13, 1995
SUMMIT TECHNOLOGY, INC.
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(Exact Name of Registrant as Specified in Charter)
MASSACHUSETTS 0-16937 04-2897945
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
21 HICKORY DRIVE
WALTHAM, MASSACHUSETTS 02154
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(Address of Principal Executive Offices)
Registrant's telephone number, including area code (617) 890-1234
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ITEM 5. OTHER EVENTS.
On October 13, 1995 the Company received notice that the Federal Trade
Commission ("FTC") initiated an investigation to determine whether Pillar
Point Partners, VISX Incorporated ("VISX"), the Company or any of their
predecessors, alone or in conjunction with others, is engaging or has engaged
in any unfair methods of competition in violation of the Federal Trade
Commission Act, relating to certain arrangements concerning patents on devices
and procedures, and/or practices relating to the sale or distribution of
certain ophthalmic surgical devices. The FTC issued a subpoena requiring the
Company to produce certain materials and information relating to the subject
matter of the investigation.
Pillar Point Partners was structured in compliance with the Federal
Trade Commission Act and other applicable U.S. antitrust laws. The Company
believes that both the formation of Pillar Point Partners in 1992 and its
operation to date are consistent with such laws. There can be no assurance,
however, that the FTC's investigation will ultimately lead the FTC to agree
with the Company. The Company is accordingly unable to predict whether or not,
or when, any proceeding may be brought by the FTC following such investigation,
or the scope of relief, if any, that may ultimately be ordered in the event
that any such proceeding were determined adversely to the Company and/or Pillar
Point Partners.
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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 hereunto duly authorized.
SUMMIT TECHNOLOGY, INC.
By: /s/ David F. Muller
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David F. Muller, President
DATE: October 16, 1995
