SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
January 31, 2003 (January 14, 2003)
METATEC INTERNATIONAL, INC.
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(Exact name of registrant as specified in its charter)
Ohio 0-9220 31-1647405
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(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) Identification No.)
7001 Metatec Boulevard, Dublin, Ohio 43017
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (614) 761-2000
Not Applicable
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(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE
Sale of Electronic Software Distribution Business
On January 14, 2003, Metatec International, Inc. (the "Company") sold its
Internet-based electronic software distribution ("ESD") business to Digital
River, Inc. ("Digital River"), a global e-commerce outsource solutions provider
based in Minneapolis, Minnesota. Under the terms of the agreement, Digital River
acquired certain assets and assumed certain liabilities associated with the
Company's ESD business, and Metatec received approximately $1.1 million in cash
and notes, subject to adjustment based on an earn out computation.
A copy of the press release announcing the foregoing matters is filed
herewith as Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits.
Exhibit
Number Description of Exhibit
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99.1 Press release issued by Metatec International, Inc. on January 23, 2003.
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.
METATEC INTERNATIONAL, INC.
Date: January 31, 2003 By /s/ Gary W. Qualmann
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Gary W. Qualmann, Chief Financial
Officer (authorized signatory)
EXHIBIT INDEX
Exhibit
Number Description of Exhibit
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99.1 Press release issued by Metatec International, Inc. on January 23, 2003.