-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FrH7gHjl2HnOvGUASZ2BKLpkY6/vq8lC/dqMr/wTOfRZIOgt6Is6tMFvIjpjjPyT mrxkzhd6Tpn7carmNS+OwA== 0001181431-04-033577.txt : 20040702 0001181431-04-033577.hdr.sgml : 20040702 20040702083748 ACCESSION NUMBER: 0001181431-04-033577 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040702 ITEM INFORMATION: Other events FILED AS OF DATE: 20040702 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RELIABILITY INC CENTRAL INDEX KEY: 0000034285 STANDARD INDUSTRIAL CLASSIFICATION: INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825] IRS NUMBER: 750868913 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-07092 FILM NUMBER: 04897021 BUSINESS ADDRESS: STREET 1: 16400 PARK ROW STREET 2: P O BOX 218370 CITY: HOUSTON STATE: TX ZIP: 77218-8370 BUSINESS PHONE: 281-492-0550 FORMER COMPANY: FORMER CONFORMED NAME: FAIRLANE INDUSTRIES INC DATE OF NAME CHANGE: 19800519 8-K 1 rrd47088.htm RELIABILITY INCORPORATED TO APPLY FOR NASDAQ SMALLCAP LISTING Prepared By R.R. Donnelley Financial -- Form 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):  07/02/2004
 
RELIABILITY INC
(Exact Name of Registrant as Specified in its Charter)
 
Commission File Number:  0-7092
 
TX
  
75-0868913
(State or Other Jurisdiction of
  
(I.R.S. Employer
Incorporation or Organization)
  
Identification No.)
 
P.O. Box 218370
Houston, TX 77218-8370
(Address of Principal Executive Offices, Including Zip Code)
 
281-492-0550 ext.203
(Registrant’s Telephone Number, Including Area Code)
 

Items to be Included in this Report

 
Item 5.    Other events and Regulation FD Disclosure
 
The following information is being reported under Item 5 of Form 8-K: Press release, dated July 2, 2004, by Reliability Incorporated ("the Company") announcing delisting from Nasdaq National Market and application for listing on Nasdaq SmallCap Market.
 

 

Signature(s)
 
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.
 
      
 
    RELIABILITY INC
 
 
Date: July 02, 2004.
     
By:
 
/s/    Carl V. Schmidt
               
        Carl V. Schmidt
               
Chief Financial Officer, Secretary and Treasurer
 
 

 

Exhibit Index
 
EX-99.1 2 rrd47088_451.htm PRESS RELEASE DATED JULY 2, 2004 - FOR IMMEDIATE RELEASE -

Exhibit No.
  
Description
EX-99.1
  
Press release dated July 2, 2004

-FOR IMMEDIATE RELEASE -

Additional Information:

PO Box 218370

Larry Edwards x 200

Houston, TX 77218

Carl Schmidt x 203

281/492-0550

281/492-0615 -- fax

 

RELIABILITY INCORPORATED to Apply for Nasdaq SmallCap Market Listing

HOUSTON, TEXAS, July 2, 2004 - Reliability Incorporated (NASDAQ: REAL), a leader in burn-in and test technology for semiconductors, today announced that it received a determination by the Nasdaq Listing Qualification Staff on June 28, 2004 indicating that the Company fails to comply with the stockholders' minimum equity requirement of $10 million for continued listing on the Nasdaq National Market set forth in Marketplace Rule 4450(a)(3), Maintenance Standard 2. The Company's equity was $9.6 million as of March 31, 2004. Accordingly, the Company's securities will be delisted from The Nasdaq National Market at the opening of business on July 8, 2004.

The Company plans to apply for a transfer to The Nasdaq SmallCap Market. The Company believes that it meets the Nasdaq SmallCap qualifications for the transfer, under existing rules. However, there can be no assurance that the request for listing will be approved.

See the Company's websites at www.relinc.com and www.ezyload.com.

Reliability Incorporated is based in Houston, Texas with an operating facility in Singapore. Reliability manufactures burn-in and test equipment for sale to manufacturers and volume users of integrated circuits. The Company's Singapore subsidiary provides conditioning and testing services for integrated circuits. The Company also designs and manufactures a line of power sources, including DC-to-DC power converters and a hydraulic lift product for the automotive aftermarket.


"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this report regarding Reliability's business which are not historical facts are "forward looking statements" that involve risks and uncertainties that may affect the operations, performance, development and results of the Company's business and include, but are not limited to, adverse changes in the global economy, decreases in the demand for electronic products and semiconductors, market acceptance of the Company's products and services, the impact of competition, delays in product development schedules, delays due to technical difficulties related to developing and implementing technology, delays in delivery schedules, the ability to attract and maintain sufficient levels of people with specific technical talents, future results related to investments or liquidity, changes in demand for the Company's products and services and the Company's customers' products and services, the impact of entering a new line of business (automotive aftermarket), with different marketing strategies, marketing channels, and a different customer base from the Company's historical business lines and the ultimate acceptance by the market of this new product, and continued listing on public markets such as Nasdaq. Actual results may materially differ from projections.

 -----END PRIVACY-ENHANCED MESSAGE-----