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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): SEPTEMBER 4, 1997
ENVIROTEST SYSTEMS CORP.
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(Exact name of registrant as specified in its charter)
Delaware 0-21454 06-0914220
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) (Identification Number)
ENVIROTEST TECHNOLOGIES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 33-57384-01, 033-75406-01 36-2680300
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) (Identification Number)
246 Sobrante Way
Sunnyvale, California 94086
(408) 774-6300
(Address, including zip code, and telephone number,
including area code of registrant's principal executive offices)
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Item 5. Other Events
On July 30, 1997, Envirotest Systems Corp. (the "Company") announced in
its Form 10-Q that the State of California had elected to terminate the
Company's contract to provide remote sensing services as of March 31, 1997.
The contract was expected to extend through June 30, 1998 and provide $2.3
million of revenue to the Company. The termination was related to the State's
decision to reassess its future vehicle emissions testing program.
On August 19, 1997 the Company disclosed in its Schedule 13E-4, filed
with the Securities and Exchange Commission on August 19, 1997 in connection
with its offer to purchase for cash up to 4,444,444 shares of its Class A
Common Stock, par value $.01 per share, that it expected to enter into an
agreement with the State of California, which would resolve the issues related
to the termination of the Company's contract with the State.
Such agreement was executed on August 19, 1997. On September 4, 1997,
the State of California tendered a payment of $2.65 million, inclusive of
outstanding receivables, to the Company.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrants have duly caused this report to be signed on their behalf by the
undersigned hereunto duly authorized.
ENVIROTEST SYSTEMS, CORP.
ENVIROTEST TECHNOLOGIES, INC.
Dated: September 5, 1997 By: /s/ RAJ MODI
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Name: Raj Modi
