UNITED STATES
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) December 3, 1999
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SCIENTIFIC INDUSTRIES, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 0-6658 04-2217279
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(State or other jurisdiction of Commission File (IRS Employer
incorporation) Number Identification No.)
AIRPORT INTERNATIONAL PLAZA,
70 ORVILLE DRIVE, BOHEMIA, NEW YORK 11716
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code (516) 567-4700
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ITEM 5. OTHER EVENTS.
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Registrant issued a press release on Friday, December 3, 1999
announcing settlement agreement in connection with existing
litigation.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
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(c) Exhibits.
99.1 Press release of the Registrant dated December 3, 1999.
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.
SCIENTIFIC INDUSTRIES, INC.
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(Registrant)
/s/Lowell A. Kleiman
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Lowell A. Kleiman
President and Treasurer
Principal Executive and Financial Officer
Date: December 3, 1999
EXHIBIT INDEX
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Exhibit Number Description
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99.1 Press Release dated December 3, 1999
EXHIBIT 99.1
WHAT'S NEW AT...
SCIENTIFIC INDUSTRIES, INC.
Airport International Plaza
70 Orville Drive
Bohemia, New York 11716
FOR IMMEDIATE RELEASE (Bohemia, NY, December 3, 1999)
SCIENTIFIC INDUSTRIES, INC. ANNOUNCES SETTLEMENT OF LAWSUIT WITH VWR SCIENTIFIC
PRODUCTS AND HENRY TROEMNER, INC.
Scientific Industries, Inc. (OTCBB:SCND) ("SI"), announced today that the
parties had settled the litigation SI commenced against VWR Scientific Products
("VWR"), and Henry Troemner, Inc. ("Troemner"), in the United States District
Court for the Eastern District of New York. In the lawsuit, SI had contended
that VWR and Troemner infringed SI's United States patent number 4,781,487
entitled "Quick Disconnect Coupling" as well as SI's trade dress in the housing
configuration of its Vortex-Genie 2 (registered trademark) mixer.
Under the settlement, VWR and Troemner may not manufacture, sell or
distribute any vortex mixer that infringes SI's trade dress in the housing
configuration of its Vortex-Genie 2 (registered trademark) mixer and , for a
limited time, whose accessories are interchangeable with SI's accessories.
Troemner and VWR havealso agreed not to sell the vortex mixer Troemner
manufactured for VWR and VWR sold between January and May of this year.
Troemner, however, will be entitled to manufacture, market and sell to VWR,
and VWR will be entitled to continue to market and sell to third party users
the VWRbrand (registered trademark) Mini-Vortexer in its current
configuration as manufactured by Troemner. These units will include the
existing coupling under a license from SI. VWR has also committed to purchase
certain quantities of SI products and will recommence the distribution of SI
products, including the Vortex-Genie 2 (registered trademark) mixer and the
newly released Roto-Shake Genie (trademark). SI will also receive certain
promotional considerations from VWR as well as a cash payment from Troemner.
"With this agreement, SI will continue moving forward to provide quality
products to our customers," commented Lowell A. Kleiman, President and CEO of
SI. "As part of this effort, we are pleased that VWR will again be a
distributor of our products."
ABOUT SI
SI, headquartered in Bohemia, New York, is a leading manufacturer of
laboratory equipment, including the Vortex-Genie 2 (registered trademark)
mixer. For more information, visit the company's website at www.scind.com.
This document may contain forward-looking statements that are subject to
risk and uncertainty. There are a number of factors that could cause the
company's actual performance to differ materially from expectations. The
factors investors should consider are more thoroughly described in the company's
Securities and Exchange Commission filings, including the Form 10-Q and 10-K.
For more information contact:
Lowell A. Kleiman, President * Tel (631) 567-4700 * Fax (631)567-5896
email: [email protected] * www.scind.com
