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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: November 24, 1998 - Commission File No. 0-17746
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SAFE TECHNOLOGIES INTERNATIONAL INCORPORATED
(Formerly Safe Aid Products Incorporated)
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(Exact name of Registrant as specified in its Charter)
Delaware 22-2824492
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(State or other jurisdiction of (IRS Employer ID No.)
incorporation or organization)
249 Peruvian Avenue
Suite F2
Palm Beach, Florida 33480
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(Address of principal executive (Zip Code)
offices)
Registrant's telephone number,
including area code: (561) 832-2700
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* On February 9, 1998, Safe Aid Products Incorporated merged with and into
Intelligence Network International and was renamed Safe Technologies
International Incorporated.
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<PAGE>
Item 5. Other Events
The Company issued a press release today announcing that it plans to
launch INCyberMall.com, an Internet Commerce Mall. The information contained
in the press release, a copy of which is attached hereto as Exhibit 99.1 is
incorporated herein by
reference.
<PAGE>
Signatures
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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.
SAFE TECHNOLOGIES INTERNATIONAL INCORPORATED
By: /s/ Barbara Tolley
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Barbara Tolley, CEO & Chairman
Dated: November 24, 1998
[logo]
EXHIBIT 99.1
FOR IMMEDIATE RELEASE
SFAD ANNOUNCES LAUNCH OF INTERNET SHOPPING MALL
FOR THE RICH AND FAMOUS
Palm Beach, FL. November 24, 1998, Safe Technologies International, Inc.,
(OTC: SFAD) announced today that they intend to launch INCyberMall.com, an
Internet Commerce mall, owned by SFAD's wholly owned subsidiary, Internet
Commerce, Inc. INCyberMall.com, originally designed and constructed,
(Copyright 1995), has been under extensive reconstruction bringing it forward
from a web site with Banner Advertising to a full service Internet Commerce
service. The Company plans to participate in what is expected to be the
first year of strong Christmas sales on the Internet.
"INCyberMall.com", reports Brad Tolley, Vice President of Investor Relations
for SFAD, "is a niche shopping mall for upmarket products and services
targeted to the shopping and leisure needs of high net worth individuals. It
is designed to be of interest and convenience for people who routinely shop
or 'would like to shop' on the prestigious shopping streets of the world,
i.e. Rodeo Drive, Beverly Hills; Fifth Avenue, New York; Worth Avenue, Palm
Beach; Avenue Foch, Paris and Bond Street, London, etc. The company believes
that the world is now ready for a shopping mall such as INCyberMall.com. The
mall is a combination of product categories, i.e. Home & Garden; Fashion;
Entertainment; Sports; Cuisine; The Arts ; Travel; Business & Finance; Health
& Beauty; Real Estate, etc., and will contain information and special
features focussing on subjects such as fashion shows, top designers, society
gossip, health, schools and education, politics, etc."
Internet Commerce Inc. specializes in developing, managing and promoting
Internet Commerce web sites for small and medium sized businesses wanting to
expand their Internet operations.
Safe Technologies International Inc. (OTC: SFAD), based in Palm Beach,
Florida, is a multi-faceted company with multiple areas of concentration:
Internet products, services, and Directories; Marketing, Advertising, Digital
Pre-Press Graphics and Printing; customized PC systems and networks; Heath-
Care/Wellness and Real Estate products, services, and software.
SOURCE: Safe Technologies International, Inc.,(SFAD)
CONTACT: Brad Tolley VP Investor Relations
TEL: 561-832-2700
EMAIL: [email protected]
HTTP:// www.safetechnologies.com
Forward-Looking Statements: Except for the historical information contained
herein, this news release may contain forward looking statements within the
meaning of Section 27A of the Securities Act of l934, as amended, that may
involve risks and uncertainties, including those relating to the availability
of suitable financial resources, the availability of management, unproven
market for SFAD's products and services as well as other risks detailed from
time to time in the Company's SEC reports, including reports on Form 10KSB
for the year ended November, 1997 and Form 10-QSB for the quarter ended
September 30, 1998.
