SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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): September 16, 1998
AIR & WATER TECHNOLOGIES CORPORATION
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(Exact Name of Registrant as Specified in Charter)
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Delaware 033-017921 13-3418759
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
30 Harvard Mill Square, Wakefield, Massachusetts 01880
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (781) 246-5200
U.S. Highway 22 West and Station Road, Branchburg, New Jersey 08876
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(Former Name or Former Address, if Changed Since Last Report)
ITEM 5. OTHER EVENTS
On September 16, 1998, Air & Water Technologies Corporation
(the "Company") and Generale des Eaux, a French company and subsidiary of
Vivendi, the Company's largest stockholder, announced the extension of the
contract with the Puerto Rico Aqueduct and Sewer Authority ("PRASA") for a
three-year period which began September 1, 1998. On September 16, 1998, the
Company and Generale des Eaux issued a press release concerning the
extension of the PRASA contract. A copy of the press release is attached
hereto as Exhibit 99.1 and is incorporated by reference herein.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS
(c) Exhibits
99.1 Joint press release of the Company and
Generale des Eaux dated
September 16, 1998.
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.
AIR & WATER TECHNOLOGIES CORPORATION
By: /s/ Alain Brunais
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Name: Alain Brunais
Title: Senior Vice President and
Chief Financial Officer
Date: September 17, 1998
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION PAGE NO.
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99.1 Joint press release of the Company and 5
Generale des Eaux dated September 16, 1998.
EXHIBIT 99.1
Contact: Robert Volland
Air & Water Technologies Corporation
(781) 246-5200
PUERTO RICO AQUEDUCT & SEWER AUTHORITY EXTENDS CONTRACT WITH
GENERALE DES EAUX AND AIR & WATER TECHNOLOGIES
NEW YORK, New York (September 16, 1998) Generale des Eaux (a Vivendi
subsidiary) and Air & Water Technologies (AMEX: AWT) announce the extension
of the contract with the Puerto Rico Aqueduct & Sewer Authority (PRASA) for
the three year period which began September 1, 1998. Under the new
contract, revenues will reach approximately $125 million per year with an
increased scope.
The PRASA system serves the 3.6 million residents of Puerto Rico. Generale
des Eaux and Air & Water Technologies expressed extreme pleasure at the
confidence PRASA has expressed by this extension of the contract which has
been managed by Vivendi affiliates for the last three years.
Generale des Eaux (a Vivendi subsidiary) is the world's largest water
company, serving water related services to over 73 million people
worldwide. AWT, an affiliate of Vivendi provides a comprehensive range of
services and technologies for the operation, maintenance and management of
water and wastewater systems; engineering, design, and construction of
water and wastewater facilities and the remediation of contaminated soil.
