-----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, KnvpC1wZ6T56FAQ8LTPZ6py42xcfbRboBl6sxy3BX7dS3wt19Of880lnR0G6Ca8N MeFM8uH9zrAHj6r60OXUWw== 0000914233-98-000043.txt : 19980415 0000914233-98-000043.hdr.sgml : 19980415 ACCESSION NUMBER: 0000914233-98-000043 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980414 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: UTAH MEDICAL PRODUCTS INC CENTRAL INDEX KEY: 0000706698 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 870342734 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: SEC FILE NUMBER: 001-12575 FILM NUMBER: 98593255 BUSINESS ADDRESS: STREET 1: 7043 S 300 WEST CITY: MIDVALE STATE: UT ZIP: 84047 BUSINESS PHONE: 8015661200 DEFA14A 1 The following supplemental information was provided to the shareholders of Utah Medical Products, Inc., in connection with the solicitation of proxies for the 1998 annual meeting of shareholders. UTAH MEDICAL PRODUCTS, INC. SUPPLEMENTAL INFORMATION April 8, 1998 Utah Medical Products, Inc. ("UM") has appointed Paul O. Richins, Chief Administrative Officer, to the board of directors to fill the vacancy created by the resignation of Perry L. Lane on April 1, 1998. Mr. Richins has been employed at UM for over eight years in various finance and accounting, management information systems, human resources and shareholder relations responsibilities. Mr. Richins holds an MBA degree in finance from Pepperdine University and a BS degree in business administration from Weber State College. Mr. Lane resigned as a director, indicating in his resignation letter disagreements in business judgement between himself and the operations, policies or practices of UM, particularly new product development, especially Cordguard, a product obtained in an asset purchase agreement on January 4, 1994 with OB Tech, Inc., and UM's share repurchase program initiated in 1992. On numerous occasions during the past five years or more Mr. Lane had participated in decisions and voted repeatedly in favor of measures with which he claims to now disagree. Most of these measures received unanimous board support and continue to be supported by the incumbent directors. The remaining directors, who convened a special meeting on April 2, 1998 to accept Mr. Lane's resignation, unanimously affirmed their confidence in current management and the direction of the Company. The board believes that Mr. Lane's resignation is in the best interest of UM and its shareholders and will have no negative impact on implementing UM's clear plan for the future. -----END PRIVACY-ENHANCED MESSAGE-----