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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): MARCH 2, 2005
DDS TECHNOLOGIES USA, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
NEVADA 1-15547 13-4253546
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(STATE OR OTHER JURISDICTION OF (COMMISSION FILE NUMBER) (IRS EMPLOYER
INCORPORATION) IDENTIFICATION NO.)
150 EAST PALMETTO PARK ROAD, SUITE 510
BOCA RATON, FLORIDA 33432
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICE)
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REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (561) 750-4450
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:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On February 25, 2005, DDS Technologies USA, Inc. (the "Company") issued a
press release announcing that it had entered into an Exclusive License Agreement
(the "Agreement") with Sulfur Solutions, Inc. ("SSI") and Knoll Ventures,
Inc.("Knoll") on February 18, 2005. The Agreement grants SSI an exclusive
license with respect to the Company's proprietary dry disaggregation technology
for the purposes of processing and extracting sulfur and sulfur derivative
materials which are located in North America.
A copy of the press release is being furnished as Exhibit 99.1 to this
Form 8-K and is incorporated by reference herein. The Agreement is attached as
Exhibit 10.1 hereto and is hereby incorporated by reference in its entirety.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements of Business Acquired.
Not applicable
(b) Pro Forma Financial Information.
Not applicable
(c) Exhibits.
Exhibit 10.1 -- Exclusive License Agreement dated February 18, 2005 by and among
Sulfur Solutions, Inc., Knoll Ventures, Inc., and DDS Technologies USA, Inc.
Exhibit 99.1--DDS Technologies USA, Inc. Announces Contract with Canadian Based
Sulfur Solutions, Inc. dated February 24, 2005
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.
DDS TECHNOLOGIES USA, INC.
Date: March 2, 2005 By: /s/ Spencer Sterling
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Name: Spencer Sterling
Title: President and Chief Executive Officer
INDEX TO EXHIBITS
Exhibit No. Exhibit Title
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10.1 Exclusive License Agreement dated February 18, 2005 by and
among Sulfur Solutions, Inc., Knoll Ventures, Inc., and DDS
Technologies USA, Inc.
99.1 DDS Technologies USA, Inc. Announces Contract with Canadian
Based Sulfur Solutions, Inc. dated February 24, 2005