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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) October 22, 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 October 22, 1998, EPL Technologies, Inc. (the "Company") announced
that it had received formal approval from The Sholl Group II, Inc., exclusive
licensee of the "GREEN GIANT(R) FRESH" brand from the Pillsbury Company, to use
a new 74,200 sq ft facility, located in Camarillo, California and operated by
the Company's Newcorn Co affiliate, for fresh produce processing. In a
coordinated development, the Company announced the relocation of its fresh-cut
potato processing activities from an approved, outsourced, co-packer facility in
Sacramento to the new produce processing facility in California. A more detailed
discussion of the foregoing is contained in the press release attached as
Exhibit 99.1 hereto.
The Company also announced in such press release that work on a second new
fresh-cut corn processing facility in the Midwest was progressing on-schedule,
and that it believed this 35,000 sq ft plant would be approved for shipment of
"GREEN GIANT(R) FRESH" branded corn products before the 1998 year end. The
Company currently uses this Midwest facility to ship "GREEN GIANT(R) FRESH" corn
products which are processed at its West Coast facility but the Midwest
facility is not expected to be completed for processing before March 1999 due
to engineering issues and equipment delays, and thus the Company has been
unable to date to maximise processing and distribution efficiencies.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
a) Not Applicable
b) Not Applicable
c) Exhibits
99.1 Press Release dated October 22, 1998 in relation to approval
for new west coast facility for processing of fresh-cut corn
and potato products under the Green Giant(R) Fresh brand name.
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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: December 29, 1998 EPL Technologies, Inc.
By: /s/Paul L. Devine
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Paul L. Devine
Chairman and President