REDOX TECHNOLOGY CORP
8-K, 1997-09-05
INVESTORS, NEC
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<PAGE>   1

                                    FORM 8-K

                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549


                                 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, 1997



                          ReDOX TECHNOLOGY CORPORATION
                          (Formerly DCUSA Corporation)
             (Exact name of registrant as specified in its charter)



<TABLE>
<S>                                        <C>                                       <C>
Delaware                                       33-22142                                       55-0681106
- --------                                       --------                                       ----------
(State of Jurisdiction                       (File Number)                             (Federal Identification
of incorporation or                                                                             number)
organization)
</TABLE>




                 340 North Sam Houston Parkway East, Suite #250
                             Houston, Texas  77060
                  (Address of principal Executive Offices and
                          principal place of business)


              Registrant's telephone number, including area code:
                                 (281) 445-0020





<PAGE>   2
                                 ITEMS REPORTED





ITEM 5.  OTHER EVENTS

A press release regarding the signing of a contract with Massachusetts
Biotechnology Research Institute and Clark University was sent by facsimile
transmission to various businesses and general news wire services. (See Exhibit
99.1)

ITEM 7.  FINANCIALS AND EXHIBITS

         (C) Exhibits

         99.1     Press Release from ReDOX Technology Corporation





<PAGE>   3
                                   SIGNATURES





Pursuant of the requirements of the Securities Act of 1934, as amended, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                              REDOX TECHNOLOGY CORPORATION
                                              (Registrant)



DATE:                                          BY: /s/
     ---------------------------                  -------------------------
                                                      Richard A. Szymanski
                                                      President/Director





<PAGE>   4
                               INDEX TO EXHIBITS

 Exhibit
 Number   

  99.1         Press Release from ReDOX Technology Corporation






<PAGE>   1





                                  EXHIBIT 99.1
                Press Release from ReDOX Technology Corporation





<PAGE>   2
                       REDOX SOLIDIFIES POSITION IN RACE
               TO BRING BREAKTHROUGH BATTERY TECHNOLOGY TO MARKET


HOUSTON, TX., August 25th -- Richard A. Szymanski, President of REDOX
TECHNOLOGY CORPORATION (OTC-RDOX) today announced the signing of an agreement
which will solidify the company's position as a leader in the development of
breakthrough battery technology for the 21st Century.

    The agreement signed with the Massachusetts Biotechnology Research
Institute (MBRI) and Clark University allow REDOX to combine the results of its
decade-long battery research with MBRI's patented aluminum sulfur battery
technology.  The results is an exceptionally high energy density battery which
is environmentally benign.  In addition, the battery is made of commonly
available materials, making its raw materials inexpensive, and it is
manufactured in a thin-film process which minimizes manufacturing costs.

    "Of particular importance to REDOX" noted Szymanski, "is the University's
use of interfacing sulfur in an aqueous polysulfide solution.  By saturating
the solution with sulfur, university researchers were able to convert a
substance ordinarily thought of as an insulator (sulfur) into a highly
efficient conductor of electricity.  The materials are readily available,
inexpensive, incapable of exploding as today's batteries can, and contain no
hazardous substances which can damage the environment.

    "And beyond that," Szymanski concluded, "there is no battery available or
on the drawing board that can touch the aluminum sulfur battery, including
weight, cost and energy density."





<PAGE>   3
    REDOX TECHNOLOGY will use polymer multi-layer technology.  With this
technology polymer films can be deposited on moving substrate at speeds up to
1000 feet per minute in thicknesses ranging from a few Angstroms to 50 Mils.
This thin-film process greatly reduces the time otherwise needed to develop
batteries for specific applications.  Szymanski said that virtually any company
needing high energy density and low weight would find the new battery highly
attractive in terms of power, rechargeability, weight, and development time.

    "It also will be of interest to electric utilities interested in storing
high quantities of power for use during periods of peak demand.  Similarly,
manufacturers of computers, cellular telephones and rechargeable tools and
appliances will finally realize their dream of greater energy density, lower
cost, totally safe, long-lasting power sources for their products.







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