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 (Date of earliest event reported) MARCH 28, 1997
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Commission File Number 000-23386
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CRYO-CELL INTERNATIONAL, INC.
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(Name of Small Business Issuer in its charter)
DELAWARE 22-3023093
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(State or other jurisdiction (I.R.S. Employer
of incorporation or Identification No.)
organization)
604 PACKARD COURT, SAFETY HARBOR, FL 34695
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(Address of principal executive offices) (Zip Code)
Issuer's telephone number: (813) 938-3114
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On March 28, 1997 Daniel D. Richard, Chairman and Chief Executive Officer of
CRYO-CELL International, Inc., announced that the Company has been informed that
the University of Arizona has filed a cross claim to the CRYO-CELL lawsuit filed
against the University and other defendants.
In July, 1996, CRYO-CELL filed a lawsuit in the Superior Court of California
claiming that the University had breached their contract, misappropriated trade
secrets and other allegations. The University filed a motion attempting to get
the Lawsuit dismissed in California which the Court disallowed. CRYO-CELL has
now been informed that the University has countered with a cross claim stating
that CRYO-CELL had breached the contract and had intentionally misled the
University. CRYO-CELL believes there is no merit to these allegations and that
the belated cross claim is part of a strategy by the University to motivate
CRYO-CELL to settle the case.
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SIGNATURES
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.
CRYO-CELL INTERNATIONAL, INC.
Date: April 2, 1997 By: /s/ BRIAN K. BURKE
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Brian K. Burke
Vice President and Chief
Financial Officer
