8-K

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 (Date of earliest event reported)  October 6, 2004

RELM WIRELESS CORPORATION

(Exact name of registrant as specified in its charter)

Nevada	000-07336	59-34862971
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

7100 Technology Drive, West Melbourne, FL 32904

(Address of Principal Executive Office) (Zip Code)

(321) 984-1414

(Registrant’s telephone number, including area code)

N/A

(Former Name or Former Address, If Changed Since Last Report.)

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))

Item 8.01

Other Events.

On October 6, 2004, the Company issued a press release announcing the extension of its revolving credit facility with Silicon Valley Bank.

On October 7, 2004, the Company issued a press release announcing the receipt of orders from federal and state government agencies totaling approximately $2.0 million during the last month of the third quarter 2004.

A copy of the press releases are attached hereto as Exhibit 99.1 and 99.2, respectively, and incorporated herein by reference.

Item 9.01

Financial Statements and Exhibits.

(a)

Financial statements of businesses acquired.

Not applicable.

(b)

Pro forma financial information.

Not applicable.

(c)

Exhibits.

Exhibit No.	Description
99.1	Press Release issued by the Company on October 6, 2004
99.2	Press Release issued by the Company on October 7, 2004

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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, hereunto duly authorized.

	RELM WIRELESS CORPORATION
Date:  October 12, 2004	By:	/s/ WILLIAM P. KELLY
		William P. Kelly Executive Vice President and Chief Financial Officer

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INDEX TO EXHIBITS

Exhibit No.	Description
99.1	Press Release issued by the Company on October 6, 2004
99.2	Press Release issued by the Company on October 7, 2004

EX-99.1

Exhibit 99.1

Press Release

RELM WIRELESS EXTENDS CREDIT FACILITY

Wednesday October 6, 9:03 a.m ET

WEST MELBOURNE, Fla., Oct. 6, 2004 -- RELM Wireless Corporation (OTC Bulletin Board: RELM - News) today announced the extension of its revolving credit facility with Silicon Valley Bank.

The maturity date of the facility has been extended until January 1, 2007. Additionally, certain terms and conditions have been modified that will reduce related costs. The original agreement of August 2003 with Silicon Valley Bank provided a $2.5 million revolving line of credit for one year, secured by substantially all of the Company’s assets, principally trade receivables and inventory. Earlier this year the credit facility was increased to $3.5 million, and the maturity was extended to January 1, 2005.

“We are very pleased with the extension and improved terms of our credit facility,” commented RELM President and CEO Dave Storey. “Silicon Valley Bank has been a valuable and important partner in executing our business strategies. Our newly modified facility further solidifies our relationship and reduces our financing costs while continuing to provide access to working capital that will help speed our continuing new product development initiatives.”

“We are proud of our continued relationships with leading technology companies like RELM Wireless,” said Silicon Valley Bank Vice President and Business Development Officer William Yang. “Silicon Valley Bank strives to provide RELM Wireless and other emerging and established technology companies with creative solutions and diversified financial services that will help them successfully execute their business objectives.”

Silicon Valley Bank provides diversified financial services to emerging growth and mature companies in the technology, life sciences and private equity markets, as well as the premium wine industry. Through its focus on specialized markets and extensive knowledge of the people and business issues driving them, Silicon Valley Bank provides a level of service and partnership that measurably impacts its clients’ success. Founded in 1983 and headquartered in Santa Clara, California, the company serves more than 9,500 clients domestically through 26 regional offices in the United States, and internationally through its global network and offices in London and Bangalore, India. More information on Silicon Valley Bank can be found at http://www.svb.com.

For more than 55 years, RELM Wireless Corp. has manufactured and marketed high-specification two-way communications equipment for use by public safety professionals and government agencies, as well as radios for use in a wide range of commercial and industrial applications. Revolutionary advances include new low-cost digital portable two-way radios compliant with APCO Project 25 technical specifications. Products are manufactured and distributed worldwide under BK Radio, RELM and Uniden PRC brand names. The company maintains its headquarters in West Melbourne, Florida and can be contacted through its web site at http://www.relm.com or directly at 1-800-821-2900.

This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act Of 1995. These forward-looking statements concern the Company’s operations, economic performance and financial condition and are based largely on the Company’s beliefs and expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, the following: substantial losses incurred by the Company prior to 2003; reliance on overseas manufacturers; heavy reliance on sales to the U.S. Government; federal, state and local budget deficits and spending limitations; limitations in available radio spectrum for use by land mobile radios; general economic and business conditions; changes in customer preferences; competition; changes in technology; changes in business strategy; the debt and inventory levels of the Company; quality of management, business abilities and judgment of the Company’s personnel; and the availability, terms and deployment of capital. Certain of these factors and risks, as well as other risks and uncertainties are stated in more detail in the Company’s Annual Report on Form 10-K for the year ended December 31, 2003 and in the Company’s subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.

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Source: RELM Wireless

EX-99.2

Exhibit 99.2

Press Release

RELM WIRELESS RECEIVES $2.0 MILLION IN ORDERS

Thursday October 7, 9:00 am ET

WEST MELBOURNE, Fla., Oct. 7, 2004 -- RELM Wireless Corporation (OTC Bulletin Board: RELM - News) announced today the receipt of orders from federal and state government agencies totaling approximately $2.0 million during the last month of the third quarter 2004. The orders were primarily for new high-specification RELM BK Radio “P25” digital equipment, including the new flagship DPH digital portable handheld radio, termed the “First Affordable Digital” for public safety, homeland security and government agencies. Deliveries are scheduled for the fourth quarter of 2004.

Driving accelerated growth in the domestic market for land mobile radio (LMR) equipment, government and public safety radio users nationwide are now migrating to new digital radio systems that are in compliance with the public safety technical standard known as APCO Project 25 (P25), according to RELM President and CEO David Storey. Of key importance in such areas as homeland security and public safety, a primary requirement of P25 is interoperability among compliant equipment, regardless of the manufacturer. Thus the RELM BK Radio DPH is interoperable and can be used with other manufacturers’ equipment that is also P25-compliant. RELM is one of very few manufacturers offering technology that meets demanding APCO Project 25 specifications.

“What is happening here is that more government, public safety and homeland security agency decision-makers are discovering, and buying, the unique and extraordinary value of our P25 solution,” observed David Storey. “Our RELM BK Radio DPH portable radio offers exceptional performance, especially in terms of longer battery life, extreme audio clarity and rugged durability, all at a much lower cost than competitors’ comparable P25 equipment. That combination is proving to be very appealing to agencies operating under tight budget constraints, yet in an increasingly sophisticated and security-conscious environment.

“We believe our timing and product development strategy will enable us to increase our participation in the leading edge of the P25 migration,” Storey continued. “The latest orders again demonstrate that the number of new agencies choosing our RELM BK Radio DPH digital portable radio continues to grow and expand since its introduction just last year. With new additional P25 products and capabilities emerging in the coming months, we look forward to building on our momentum.”

For more than 55 years, RELM Wireless Corp. has manufactured and marketed high-specification two-way communications equipment for use by public safety professionals and government agencies, as well as radios for use in a wide range of commercial and industrial applications. Revolutionary advances include new low-cost digital portable two-way radios compliant with APCO Project 25 technical specifications. Products are manufactured and distributed worldwide under BK Radio, RELM and Uniden PRC brand names. The company maintains its headquarters in West Melbourne, Florida and can be contacted through its web site at http://www.relm.com or directly at 1-800-821-2900.

This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act Of 1995. These forward-looking statements concern the Company’s operations, economic performance and financial condition and are based largely on the Company’s beliefs and expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, the following: substantial losses incurred by the Company prior to 2003; reliance on overseas manufacturers; heavy reliance on sales to the U.S. Government; federal, state and local budget deficits and spending limitations; limitations in available radio spectrum for use by land mobile radios; general economic and business conditions; changes in customer preferences; competition; changes in technology; changes in business strategy; the debt and inventory levels of the Company; quality of management, business abilities and judgment of the Company’s personnel; and the availability, terms and deployment of capital. Certain of these factors and risks, as well as other risks and uncertainties are stated in more detail in the Company’s Annual Report on Form 10-K for the year ended December 31, 2003 and in the Company’s subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.

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Source: RELM Wireless Corporation