SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------------------------------- Form 8-K Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 Date of Report (Date of earliest event reported): September 17, 2002 OCEAN BIO-CHEM, INC. (Exact name of registrant as specified in charter) Florida 2-70197 59-1564329 (State or other (Commission File Number (IRS Employer jurisdiction of Identification No.) Incorporation) 4041 S.W. 47 Avenue, Fort Lauderdale, Florida 33314 (Address of principal executive office) (Zip Code) Registrant's telephone number, including area code: 954/587-6280 Item 5. Other Events On September 17, 2002, the United States Court of Appeals for the Federal Circuit entered a Judgment on appeal from a Motion for Partial Summary Judgment in the matter of North American Oil Company, Inc. vs. Star Brite Distributing, Inc., Civil Action No. 1-98-CV-1589: 1. The Court of Appeals held that the United States District Court, Northern District of Georgia, Atlanta Division, erred in invalidating Claim 1 and Claims 2 - 9 of the '598 Patent. 2. The Court of Appeals reversed the judgment of the District Court that held the '598 Patent obvious under Section 103. 3. The Court of Appeals reversed the District Court's finding that the Company was guilty of deceptive intent and vacated the District Court's ruling of deceptive intent against the Company. 4. The Court of Appeals upheld the District Court's exclusion of certain expert witnesses. 5. The Court of Appeals affirmed the award of expenses to Star Brite in prosecuting its Motion to Strike. 6. The Court of Appeals remanded the case to a District Court for further proceedings. The Company cannot at this time determine if, or to what extent, the Plaintiffs will choose to continue this litigation. SIGNATURES Pursuant to the requirement 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. OCEAN BIO-CHEM, INC. Date: September 24, 2002 By: /s/ Peter G. Dornau -------------------------------- Name: Peter G. Dornau Title: Chairman of the Board of Directors and Chief Executive Officer Date: September 24, 2002 By: /s/ Edward Anchel -------------------------------- Name: Edward Anchel Title: Chief Financial Officer