UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    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): April 10, 2003

                                  VALCOM, INC.

               (Exact name of Registrant as specified in charter)


       DELAWARE                        000-28416                 58-1700840
(State or other jurisdiction   (Commission File Number)         (IRS Employer
of  incorporation)                                              Identification
                                                                Number)

                           26030  AVENUE  HALL,  STUDIO  5
                              VALENCIA,  CALIFORNIA
                    (Address  of  principal  executive  offices)



       Registrant's telephone number, including area code: (661) 257-8000

                                 NOT APPLICABLE
          (Former name or former address, if changed since last report)







ITEM  5.  OTHER  EVENTS  AND  REGULATIONS  FD  DISCLOSURE

The  Joint  Venture  Agreement  between  ValCom  and  Woody  Fraser/Woody Fraser
Productions,  Inc. has been terminated and the parties have resolved and settled
all  disputes.  As  part  of  the  settlement,  ValCom,  Inc.  has  an exclusive
facilities  agreement  in  place  for  productions  in  Los Angeles County for a
three-year  term  with  Woody  Fraser/Woody  Fraser  Productions.

                                   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.

Date:  April  10,  2003  VALCOM,  INC.



                        By:     /s/  Donald  P.  Magier
                           ----------------------------
                                 Donald  P.  Magier
                                 Secretary  and  Treasurer