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) August 11, 2010

RELM Wireless Corporation

(Exact name of registrant as specified in its charter)

Nevada

(State or other jurisdiction of incorporation)

000-07336	59-34862971
(Commission File Number)	(IRS Employer Identification No.)

7100 Technology Drive, West Melbourne, FL  32904

(Address of principal executive offices)(Zip Code)

Registrant's telephone number, including area code (321) 984-1414

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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02                      Results of Operations and Financial Condition.

On August 11, 2010, RELM Wireless Corporation (the “Registrant”) announced its financial and operating results for the quarter and six months ended June 30, 2010 in the press release furnished herewith as Exhibit 99.1 and incorporated herein by reference.

The information in this Report, including the Exhibit, is being furnished pursuant to Item 2.02 of Form 8-K and General Instruction B.2 thereunder.  Such information shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference into any filing of the Registrant under the Securities Act of 1933, as amended.

Item 9.01                      Financial Statements and Exhibits.

(d)           Exhibits.

Exhibit Number	Description
99.1	Press Release issued by the Registrant on August 11, 2010

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
		(Registrant)
Date:  August 11, 2010	By:	/s/ William P. Kelly
		William P. Kelly
		Executive Vice President and
		Chief Financial Officer

Exhibit Index

Number	Description
99.1	Press Release issued by the Registrant on August 11, 2010

EX-99.1

EXHIBIT 99.1

Company Contact:

RELM Wireless Corporation

William Kelly, EVP & CFO

(321) 984-1414

RELM Wireless Reports Second Quarter and Year-To-Date 2010 Results

WEST MELBOURNE, Florida -- August 11, 2010 -- RELM Wireless Corporation (NYSE: Amex - RWC) today announced its financial and operating results for the quarter and six months ended June 30, 2010.

For the quarter ended June 30, 2010, sales totaled approximately $7.1 million compared with approximately $9.9 million for the same quarter last year.  Pretax income for the second quarter was approximately $549,000 compared with approximately $2.3 million for the same quarter last year.  Net income for the second quarter 2010 approximated $339,000, or $0.02 per diluted share, compared with approximately $2.0 million, or $0.15 per diluted share, for the prior year’s second quarter.

Gross profit margin for the second quarter 2010 was 48.1% of sales, versus 49.6% of sales for the same quarter last year.  Selling, general and administrative expenses were approximately $2.9 million (40.4% of sales) in the second quarter 2010, compared with approximately $2.6 million (26.5% of sales) in the second quarter last year.

The Company had approximately $17.7 million in working capital as of June 30, 2010 of which $10.4 million was comprised of cash and trade receivables.  Additionally, the Company had no indebtedness on its revolving credit facility as of June 30, 2010.

RELM President and Chief Executive Officer David Storey commented, “We are pleased to report our fifth consecutive profitable quarter, which was driven primarily by our legacy digital products and long-standing customers.  Both continue to be valuable contributors to our success.  Overall business conditions in our industry remain uncertain, and competition is fierce.  Federal and state agencies continue to face funding constraints and operating challenges.  However, with our expanded state-of-the-art product offerings, we believe the Company is well positioned to pursue new customers and sales opportunities.  We have made meaningful progress on our development of P25 Trunking, with successful tests on P25 trunked systems in several states and agencies.  Meanwhile our financial position remains solid with a healthy working capital position and no debt.”

For the six months ended June 30, 2010, sales totaled approximately $13.5 million compared with approximately $13.8 million for the same period last year.  Pretax income for the six months ended June 30, 2010 was approximately $551,000 compared with approximately $1.4 million for the same period last year.  Net income for the six months ended June 30, 2010 totaled approximately $340,000, or $0.02 per diluted share, compared with $1.1 million, or $0.08 per diluted share, for the same period last year.

Gross profit margin for the six months ended June 30, 2010 was 47.1% of sales, versus 47.0% of sales for the same period last year.  Selling, general and administrative expenses for the six months ended June 30, 2010 totaled approximately $5.8 million compared with approximately $5.1 million for the same period last year.

Conference Call and Webcast

The Company will host a conference call and webcast for investors at 9:00 a.m. Eastern Time, Thursday, August 12, 2010.  Shareholders and other interested parties may participate in the conference call by dialing 877-317-6789 (international/local participants dial 412-317-6789) and asking to be connected to the “RELM Wireless Corporation Conference Call” a few minutes before 9:00 a.m. Eastern Time on August 12, 2010.  The call will also be webcast at http://www.relm.com.  Please allow extra time prior to the call to visit the site and download any necessary software to listen to the Internet webcast.  An online archive of the webcast will be available on the Company’s website for 30 days following the call at http://www.relm.com.

A replay of the conference call will be available one hour after the completion of the call until August 20, 2010, by dialing 877-344-7529 (international/local participants dial 412-317-0088) and entering the conference ID# 442640.

About APCO Project 25 (P25)

APCO Project 25 (P25), which requires interoperability among compliant equipment regardless of the manufacturer, was established by the Association of Public-Safety Communications Officials and is approved by the U.S. Department of Homeland Security.  The shift toward interoperability gained momentum as a result of significant communications failures during events such as the Oklahoma City bombings, the 9/11 attacks and Hurricane Katrina.  RELM was one of the first manufacturers to develop P25-compliant technology.

About RELM Wireless Corporation

As an American Manufacturer for more than 60 years, RELM Wireless Corporation has produced high-specification two-way communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies, as well as radios for use in a wide range of commercial and industrial applications.  Advances include a broad new line of leading digital two-way radios compliant with APCO Project 25 specifications.  RELM’s products are manufactured and distributed worldwide under BK Radio and RELM brand names. The Company maintains its headquarters in West Melbourne, Florida and can be contacted through its web site at www.relm.com or directly at 1-800-821-2900.  The Com pany’s common stock trades on the NYSE Amex market under the symbol “RWC”.

This press release contains certain forward-looking statements that are made pursuant to the “Safe Harbor” provisions 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: risks relating to the current financ ial crisis and adverse economic conditions; reliance on contract 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 amid the financial crisis; 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 fiscal year ended December 31, 2009 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.

# # #

(Financial Tables to Follow)

RELM WIRELESS CORPORATION

Condensed Consolidated Statements of Income

(In Thousands, Except Per Share Amounts)

	Three Months Ended						Six Months Ended
	(Unaudited)						(Unaudited)
	6/30/2010			6/30/2009			6/30/2010			6/30/2009
Sales, net	$	7,079		$	9,876		$	13,527		$	13,849
Expenses:
Cost of products		3,678			4,982			7,162			7,341
Selling, general and administrative expenses		2,858			2,618			5,808			5,085
Total expenses		6,536			7,600			12,970			12,426
Operating income		543			2,276			557			1,423
Other income (expense):
Interest expense		0			(20	)		0			(36	)
Other income (expense)		6			1			(6	)		3
Pretax income		549			2,257			551			1,390
Income tax expense		(210	)		(303	)		(211	)		(303	)
Net income	$	339		$	1,954		$	340		$	1,087
Income per share - basic	$	0.03		$	0.15		$	0.03		$	0.08
Income per share - diluted	$	0.02		$	0.15		$	0.02		$	0.08
Weighted average common shares outstanding, basic		13,489			13,411			13,463			13,411
Weighted average common shares outstanding, diluted		13,870			13,431			13,872			13,414

RELM WIRELESS CORPORATION

Condensed Consolidated Balance Sheets

(In Thousands, Except Share Data) (Unaudited)

	June 30,			December 31,
	2010			2009
ASSETS
Current assets:
Cash & cash equivalents	$	7,301		$	7,660
Trade accounts receivable, net		3,131			3,767
Inventories, net		8,388			6,623
Deferred tax assets, net		1,410			1,611
Prepaid expenses & other current assets		889			896
Total current assets		21,119			20,557
Property, plant and equipment, net		1,332			1,306
Deferred tax assets, net		6,203			6,183
Capitalized software, net		3,695			3,024
Other assets		312			351
Total assets	$	32,661		$	31,421
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable	$	1,798		$	1,250
Accrued compensation and related taxes		889			1,086
Accrued warranty expense		375			228
Accrued other expenses and other current liabilities		318			195
Total current liabilities		3,380			2,759
Long-term debt		-			-
Commitments and contingencies
Stockholders' equity:
Preferred stock; $1.00 par value; 1,000,000 authorized
shares: none issued or outstanding.		-			-
Common stock; $0.60 par value; 20,000,000 authorized
shares: 13,489,815 and 13,416,127 issued and outstanding shares
at June 30, 2010 and December 31, 2009, respectively.		8,094			8,050
Additional paid-in capital		24,306			24,071
Accumulated deficit		(3,119	)		(3,459	)
Total stockholders' equity		29,281			28,662
Total liabilities and stockholders' equity	$	32,661		$	31,421