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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: March 26, 1999 - 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 announced a contract with
international furniture designer and manufacturer for 'cybermalls castle'
online store. The information contained in the press release, a copy of
which is attached hereto as Exhibit 99.1 is incorporated herein by
reference.
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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: March 26, 1999
[logo]
EXHIBIT 99.1
FOR IMMEDIATE RELEASE
SAFE TECHNOLOGIES INTERNATIONAL, INC.,(SFAD) ANNOUNCES CONTRACT WITH
INTERNATIONAL FURNITURE DESIGNER AND MANUFACTURER FOR 'CYBERMALLS CASTLE'
ONLINE STORE
Palm Beach, FL., March 26, 1999, Safe Technologies International, Inc.,
(OTC:SFAD) announced today that Internet Commerce, Inc., one of SFAD's wholly
owned subsidiaries has entered into a contract with Fran Murphy Interiors,
Inc., in Juno Beach, Florida, as their exclusive Internet representative for
distribution and sales of Fran Murphy Interiors' luxury furniture lines.
Brad Tolley, Vice President of SFAD Investor Relations, said, "we are very
pleased to be associated with such a prestigious international design firm and
talent as Ms. Fran Murphy. Ms. Murphy is accustomed to accolades for her high
quality, international design assignments and her one of a kind furniture and
accessory products. Her interiors have been equated with descriptions such as
"romantica", "sophisticated", "Hollywood", "Jet Set", giving evidence to the
atmosphere she is known to create which has caused her to be in demand with
the 'rich and famous' by creating living atmospheres for her clients of
ultimate luxuriousness, affluence, relaxation and complete refuge from the
daily stresses in the life of the millionaire. Having been in the furniture
business for over 30 years, she began designing and manufacturing her own
furniture, accessories, marble and stone products, in order to have a reliable
source for the furniture pieces which she could not otherwise easily obtain
for her design assignments of large square footage luxury homes which require
large scale furniture. For the connoisseurs of living, no other designers
furniture is better suited."
The Fran Murphy furniture designs will be displayed in Internet Commerce,
Inc.'s online mall: 'CYBERMALLS CASTLE' in INCYBERMALL.COM, and Fran Murphy
products will be available for purchase in actual room vignettes, e.g., Main
Salon; Princess' Bed Chamber, Dining Room, Library, Reception Hall, etc.
INCYBERMALL.COM, a mall for the 'rich and famous', specially designed a
virtual 'castle', named 'CYBERMALLS CASTLE', where only upmarket products,
such as Fran Murphy Interiors' products, will be found and can be purchased
online.
Michael Bhathena, President of Internet Commerce, Inc. (ICI), reports "my
total focus is to enable 'Cybermalls Castle', as the premier web site location
for E-Commerce transactions for the most luxurious products, available for
sale in the world today. ICI is currently in the process of completing
digital photography and implementing the latest Internet technology to create
web pages which will appropriately display each of the specially assembled
room vignettes, furnished with Ms. Murphy's own products and accessories. You
will not see these particular rooms in Ms Murphy's traditional monthly spread
in Architectural Digest Magazine, but only in 'CYBERMALLS CASTLE' in
INCYBERMALL.COM.
We expect to have the major rooms completed within two weeks and ready for
E-Commerce orders. Each Customer will receive 'red carpet' treatment when
shopping in CYBERMALLS CASTLE. Beginning with the order, a constant stream of
communication will be initiated with the Customer, both by email and
telephone. We feel that providing personal attention with shopping and design
assistance is essential with expensive items which high net worth individuals
routinely purchase.
Shoppers will be able to select and purchase from a range of the smallest
accessory in a room, up to ordering an entire principal room, which can carry
a price tag of over One Million Dollars. In those instances, the entire room
as displayed is packed up, shipped, and a staff will fly anywhere in the world
to especially assemble the complete room on site. This is not at all unusual
for Ms. Murphy who has frequently done just that for customers in the US,
Europe, Middle East, and Latin America, who having seen a room they liked and
ordered an entire room from the interior design magazine."
Mr. Bhathena further explained "Internet Commerce's (ICI) Contract calls for
Ms. Murphy to make all decisions relating to design and selection of products
to be sold, and for Internet Commerce to have full responsibility as to how
the products are marketed and merchandised on the Internet. ICI will handle
all E-Commerce leads from the Internet, as well as those which might generate
from other Interior Designers or Decorators, whose design commissions will be
honored and who wish to buy these products via the Internet. ICI will handle
the entire E-Commerce transaction for the venture, and will retain an agreed
upon Commission on each product, average selling price per product item is
$5,000."
Safe Technologies International, Inc., (OTC: SFAD), based in Palm Beach,
Florida, is a multi-faceted company with multiple areas of growth
concentrations: Internet, Technology, and Health Care/Wellness.
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 technical issues relating to the
design and availability of the web site, 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.
