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) August 28, 1996
QUADRAX CORPORATION
(Exact Name of Registrant as Specified in Charter)
Delaware 0-16052 05-0420158
(State or (Commission File Number) (IRS Employer
Other Jurisdiction Identification
of Incorporation) No.)
300 High Point Avenue, Portsmouth, RI 02871
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (401) 683-6600
Not Applicable
(Former Name or Former Address, If Changed Since Last Report.)
ITEM 5. Other Events
On August 28, 1996, Registrant issued a press release announcing that it
had signed a contract with the Taylor Made Golf Company to develop new golf
products made with Quadrax's thermoplastic composite materials. See the
Company's press release attached as Exhibit No. 99.1.
(c) Exhibits.
99.1 Company's press release dated August 28, 1996.
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 thereunto duly authorized.
Quadrax Corporation
September 6, 1996 /s/ James J. Palermo
(Date) James J. Palermo, Chairman
and Chief Executive Officer
September 6, 1996 /s/ Edward A. Stoltenberg
(Date) Edward A. Stoltenberg,
Chief Financial Officer
and Principal Accounting Officer
quadrax
Advanced Materials Systems
FOR IMMEDIATE RELEASE: August 28, 1996
CONTACT: Edward A. Stoltenberg, C.F.O., Quadrax Corporation,
tel. (401) 683-6600
Hal Levine/Marty Cohen, The Levine Group,
tel. (212) 682-8875
QUADRAX CORPORATION SIGNS CONTRACT WITH TAYLOR MADE
PORTSMOUTH, RI--Quadrax Corporation (Nasdaq-Small Cap Issues: QDRX)
today announced that it has signed a contract with the Taylor Made Golf
Company to develop new golf products made with Quadrax's thermoplastic
composite materials. Contract terms were not disclosed for competitive
reasons.
Commenting on the contract, James J. Palermo, Chairman and Chief
Executive Officer of Quadrax Corporation, said, "I'm very excited about our
association with Taylor Made and the confidence they've shown in Quadrax
by asking us to develop new golf products from our composite materials."
Michael Buck, Vice President of Sales and Marketing, commented further,
"We look forward to a long relationship with Taylor Made in what we believe
is the first step of a promising future for our thermoplastic materials in
golf applications."
Quadrax Corporation produces thermoplastic composite materials using
its proprietary fabrication and manufacturing processes for a wide range of
high-performance aerospace, commercial and consumer products.
Note: Quadrax's latest news releases are available at no charge by
dialing 1-800-758-5804, ext. 728452, or at http://www.prnewswire.com
on the Internet.
Quadrax Corporation
300 High Point Avenue, Portsmouth, RI 02871
Tel: (401)683-6600 Fax: (401)683-6606
