SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES AND EXCHANGE ACT OF 1934
April 7, 1997
Date of Report
(Date of earliest event reported)
INTERNATIONAL CRYOGENIC SYSTEMS CORPORATION
(Exact name of registrant as specified in its charter)
Nevada 33-19584 23-2582701
(State of Incorporation) (Commission File No.) (IRS Employer Ident. No.)
103 GUADALUPE DRIVE
CIBOLO, TEXAS 78108
(Address of principal executive offices)
210-659-8450
(Registrant's telephone number)
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
International Cryogenic Systems Corporation (ICSC) has signed the definitive
Plan of Agreement and Merger with Rotary Power International (RPI) on March 21,
1997. The terms of the merger agreement stipulate, among other matters, that
each shareholder of RPI will receive .363 shares of the common stock of ICSC
upon the culmination of the merger. RPI will file a proxy Statement and
Registration Statement with the SEC, and will hold a shareholders meeting to
approve the merger. When the merger has been closed, RPI will become a wholly-
owned subsidiary of ICSC.
Rotary Power International is the internationally recognized leader in the
development and commercialization of rotary engines (15-3000 horsepower) for
use in industrial, marine and hybrid-electric vehicular markets. International
Cryogenic Systems Corporation and related subsidiaries manufactures and markets
commercial refrigeration packages and food freezing systems for use world-wide.
ITEM 5 - OTHER EVENTS
Change of Registrant's Name:
Effective April 1, 1997, the Registrant changed its name from International
Cryogenic Systems Corporation to PowerCold Corporation.
Change of Registrant's Address:
Effective April 1, 1997, the Registrant changed its address
from - 103 Guadalupe Drive, Cibolo, Texas 78108
to - 22 Passaic Street, Wood-Ridge, New Jersey 07075.
New Director:
Effective April 1, 1997, Richard M. H. Thompson has been elected to the Board
of Directors.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: APRIL 7, 1997
INTERNATIONAL CRYOGENIC SYSTEMS CORPORATION
/s/Francis L. Simola
--------------------------
Francis L. Simola
President/CEO
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