-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Q5wUAyiFNxC6/rN+TykqnPDXwhFjbhWFnoahWOdaNcgL9T0j17bnQzoT16/heYt5 yy76c8SLbwq5Hob8rLHTyQ== 0000897101-10-001834.txt : 20100917 0000897101-10-001834.hdr.sgml : 20100917 20100917123150 ACCESSION NUMBER: 0000897101-10-001834 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100915 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20100917 DATE AS OF CHANGE: 20100917 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PURADYN FILTER TECHNOLOGIES INC CENTRAL INDEX KEY: 0001019787 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 141708544 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11991 FILM NUMBER: 101077633 BUSINESS ADDRESS: STREET 1: 2017 HIGH RIDGE ROAD CITY: BOYTON BEACH STATE: FL ZIP: 33426 BUSINESS PHONE: 5615479499 MAIL ADDRESS: STREET 1: 2017 HIGH RIDGE ROAD CITY: BOYTON BEACH STATE: FL ZIP: 33426 FORMER COMPANY: FORMER CONFORMED NAME: T F PURIFINER INC DATE OF NAME CHANGE: 19960726 8-K 1 puradyn104657_8k.htm FORM 8-K DATED SEPTEMBER 15, 2010 puradyn104657_8k.htm - Generated by SEC Publisher for SEC Filing

 

 



UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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 ear liest event reported)   September 15, 2010

 


PURADYN FILTER TECHNOLOGIES INCORPORATED

(Exact name of registrant as specified in its charter)

 

Delaware

0-29192

14-1708544

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

 

 

 

2017 High Ridge Road, Boynton Beach, FL

33426

(Address of principal executive offices)

(Zip Code)

 

Registrant’s telephone number, including area code  (561) 547-9499

 

not applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 




 

 

Item 7.01   Regulation FD Disclosure.

 

On September 15, 2010, the Company issued a press release, which is attached as Exhibit 99.1 hereto, announcing it had achieved a record level of sales in the month of August.  A copy of this press release is included as Exhibit 99.1 to this report.

 

Pursuant to General Instruction B.2 of Form 8-K, the information in this Item 7.01 of Form 8-K, including Exhibit 99.1, is being furnished pursuant to Item 2.02 and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise be subject to the liabilities of that section, nor is it incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Securities Exchange Act of 1934, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

 

Exhibit No.

Description

 

 

99.1

Press release dated September 15, 2010.

 

 

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.

 

 

PURADYN FILTER TECHNOLOGIES INCORPORATED

 

 

 

 

 

 

Date:  September 15, 2010

By

/s/ Joseph V. Vittoria

 

 

Joseph V. Vittoria,
Chairman and Chief Executive Officer

 

2

 


EX-99.1 2 puradyn104657_ex99-1.htm PRESS RELEASE DATED SEPTEMBER 15, 2010 puradyn104657_ex99-1.htm - Generated by SEC Publisher for SEC Filing

 

Exhibit 99.1

 

 

Puradyn Announces Record Level Single Month Sales

August achieves best-ever corporate sales

 

 

Boynton Beach, FL – September 15, 2010 - Puradyn Filter Technologies Incorporated (OTCBB: PFTI), global manufacturer of the puraDYN® bypass oil filtration system, today announced that August 2010 was the best-ever sales month in the 23-year history of the company.  The record-setting month marks the first time Puradyn has recorded sales in excess of $800,000 in a single month.

 

Kevin G. Kroger, President and COO, noted advances made in 2009 opened opportunities within specific industries needing microfiltration technology for engines that run extended periods of time with high oil usage.  These industries typically operate massive engines with immense engine oil capacities.

 

“We have seen an increasing demand for our technology, which is suitable for major applications.  To our knowledge, we are the only bypass oil filtration company providing the advanced type technology needed for engines and hydraulics using these large quantities of oil. 

 

“Equipment, operating for the most part 24 hours per day for up to several weeks, requires frequent oil changes.  Given the size of the oil sump, these changes can cost thousands of dollars and be required at least 10 times per year. Our bypass oil filtration systems have helped these companies safely extend oil changes, thereby reducing their maintenance-related operating costs by thousands of dollars per engine per year.” 

 

Kroger continued, “A senior division manager within one of these companies has conveyed to us his satisfaction with our product; not only with the bottom line contribution our puraDYN® systems have provided, but also how our system has contributed greatly to company-wide efforts to reduce their carbon footprint.”

 

Kroger concluded, “It is rewarding to see the commitment, investment, and focus our organization has made to these industries beginning to pay off and just as important, to see these industry leaders realize the benefits our bypass oil filtration systems bring to their operations and to the environment.  Puradyn is committed to continually search out industries looking for new ways to reduce their operating costs and their carbon footprint.  Due to the acceptance of our bypass filtration systems and our continued development of new filtration technology, we remain cautiously optimistic for the foreseeable future.”

 

About Puradyn Filter Technologies Incorporated

Puradyn (OTCBB: PFTI) designs, manufactures and markets the puraDYNâ Oil Filtration System, the most effective bypass oil filtration product on the market today.  It continuously cleans lubricating oil and maintains oil viscosity to safely and significantly extend oil change intervals and engine life.   Effective for internal combustion engines, transmissions and hydraulic applications, the Company’s patented a nd proprietary system is a cost-effective and energy-conscious solution targeting an annual $15 billion potential industry.  Puradyn equipment was selected as the manufacturer used by the US Department of Energy in a three-year evaluation to research and analyze the performance, benefits and cost analysis of bypass oil filtration technology.

 

STATEMENTS IN THIS PRESS RELEASE WHICH ARE NOT HISTORICAL DATA ARE FORWARD-LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES OR OTHER FACTORS NOT UNDER THE COMPANY’S CONTROL, INCLUDING BUT NOT LIMITED TO THE POSSIBLE INABILITY TO RAISE CAPITAL FUNDS, LACK OF PROTECTION FROM INTELLECTUAL PROPERTY, VULNERABILITY BECAUSE OF MANUFACTURING A LIMITED NUMBER OF PRODUCTS, DEPENDENCE ON DISTRIBUTORS, ORDERS PREVIOUSLY STATED IN THIS PRESS RELEASE MAY NOT MATERIALIZE, PRESENT SALES MAY NOT BE INDICATIVE OF FUTURE SALES, AND THE POSSIBILITY THAT THE PRODUCTS DO NOT MEET CUSTOMERS’ NEEDS, WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE OR OTHER EXPECTATIONS IMPLIED BY THESE FORWARD-LOOKING STATEMENTS.  THESE FACTORS INCLUDE, BUT ARE NOT LIMITED TO, THOSE DETAILED IN THE COMPANY 46;S PERIODIC FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION.

 

CONTACT:

Kathryn Morris

Director, Corporate Communications

(T) 561 547 9499, x 226

investor-relations@puradyn.com

http://www.puradyn.com

 

Emerging Markets, LLC

Investor Relations: 

Jim Painter III

321-206-6682

jamespainter@emergingmarketsllc.com www.emergingmarketsllc.com

www.themicrocapreport.com

 

 


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