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UNITED STATES
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 (Dates of Earliest event reported) March 13, 1998
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EPL Technologies, Inc.
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(Exact name of registrant as specified in its charter)
Colorado 0 - 28444 84-0990658
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
2 International Plaza, Suite 245, Philadelphia, PA 19113
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (610) 521-4400
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Not Applicable
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(Former name or former address, if changed since last report.)
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ITEM 5. OTHER EVENTS
On March 13, 1998, EPL Technologies, Inc. ("EPL") announced the execution
of an agreement with American National Can Company ("ANC") to create a joint
venture company, to be named ANC-Respire L.L.C. ("ANC-RESPIRE").
Under this agreement, which is subject to extension beyond its initial
three-year term or earlier termination, it is expected that ANC-Respire will
develop, manufacture, market, promote and sell variety-specific, proprietary and
other packaging products to the fresh produce industry under the new ANC-Respire
brand name. EPL and ANC will have equal ownership interests in the venture and
intend to introduce perforated film into the fresh produce market as the first
of a broad range of products designed to capitalize on the combined expertise of
EPL and ANC.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS
a) Not Applicable
b) Not Applicable
c) Exhibits
99.1 Press Release dated March 13, 1998 in relation to the
joint venture agreement between EPL Technologies, Inc.
and American National Can Company.
99.2 Agreement between EPL Technologies, Inc. and American
National Can Company to form a joint venture company,
ANC-Respire L.L.C.
99.3 Operating Agreement of ANC-Respire L.L.C.
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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.
Dated : March 30, 1998 EPL Technologies, Inc.
By: /s/Paul L. Devine
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Paul L. Devine
Chairman and President