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) JULY 22, 1997
MARKER INTERNATIONAL
(Exact name of registrant as specified in its charter)
UTAH 0-24556 87-037275
(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) ID Number)
1070 WEST 2300 SOUTH, SALT LAKE CITY, UTAH 84119
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number,
including area code: (801) 972-2100
N/A
(Former name or former address, if changed since last report)
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Item 5. OTHER EVENTS.
On July 22, 1997, the Registrant entered into a collaborative arrangement
with NIKE, Inc., a publicly traded Oregon corporation, to research, design and
develop winter sports products including snowboards, snowboard boots and
bindings.
On July 22, 1997, the Registrant also issued the news release set forth as
Exhibit 20(a) hereto.
Item 7. Financial Statements, Pro Forma
FINANCIAL INFORMATION AND EXHIBITS.
(a) FINANCIAL STATEMENTS
None.
(b) PRO FORMA FINANCIAL STATEMENTS
None.
(c) EXHIBITS
20(a) News Release, dated July 22, 1997.
<PAGE>
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 thereunto duly authorized.
MARKER INTERNATIONAL
By: /S/ TERRY J. TUTTLE
Name: Terry J. Tuttle
Title: Chief Financial Officer
Dated: July 29, 1997
<PAGE>
EXHIBIT INDEX
EXHIBIT DESCRIPTION
20(a) News Release, dated July 22, 1997.
EXHIBIT 20
FOR IMMEDIATE RELEASE For more information, contact:
Vizhier Corpuz
NIKE Public Relations 503.671.4460
Hank Tauber
Marker 801.975.5803
NIKE AND MARKER ANNOUNCE AGREEMENT
TO CREATE SNOWBOARD EQUIPMENT
Beaverton, OR (July 22, 1997) - NIKE, Inc. (NYSE:NKE) and Marker International
(NASDAQ:MRKR) of Salt Lake City, UT announced today a collaborative agreement to
research, design and develop winter sports products including snowboards,
snowboard boots and bindings. The collaboration, which commences today, joins
the world's top athletic footwear and apparel brand with one of the world's
premier winter sports companies.
"Marker is excited to team up with NIKE in the winter sports arena," said Hank
Tauber, Chief Executive Officer of Marker. "The combination of Marker's
technical expertise in winter sports products and NIKE's footwear expertise and
overall brand strength makes for a great team."
"There are endless possibilities in snowboarding," said Andy Mooney, NIKE's Vice
President of Equipment. "The synergy that this relationship creates, with both
companies sharing strong research and design teams, will produce innovative,
exciting products that will benefit athletes and excite the winter sports
industry."
NIKE's new snowboard equipment is scheduled to be introduced to retailers by
NIKE's global sales network in early 1999 and be available to consumers in Fall
1999. NIKE's new line of high performance, snowboard apparel will be available
at retail this fall.
Marker International, through its subsidiaries in the United States, Germany,
Japan, Switzerland, Austria and Canada, is a leading designer, manufacturer and
marketer of alpine ski bindings, snowboards and related products.
NIKE, Inc., based in Beaverton, Oregon, is the world's leading designer and
marketer of authentic athletic footwear, apparel and accessories for a wide
variety of sports and fitness activities.
