-----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, FjVGODjYAa6hipcw7y87cVNAHnRZzufFmqzH2DAeCD5n6Fn+Gy6OUB0w7isSTXDL wGCURlauhM+wStuEf0X35Q== 0000741556-06-000015.txt : 20060512 0000741556-06-000015.hdr.sgml : 20060512 20060512105106 ACCESSION NUMBER: 0000741556-06-000015 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060508 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060512 DATE AS OF CHANGE: 20060512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TECHNOLOGY RESEARCH CORP CENTRAL INDEX KEY: 0000741556 STANDARD INDUSTRIAL CLASSIFICATION: SWITCHGEAR & SWITCHBOARD APPARATUS [3613] IRS NUMBER: 592095002 STATE OF INCORPORATION: FL FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13763 FILM NUMBER: 06832667 BUSINESS ADDRESS: STREET 1: 5250 140TH AVE NORTH CITY: CLEARWATER STATE: FL ZIP: 34620 BUSINESS PHONE: 8135350572 MAIL ADDRESS: STREET 1: 5250 140TH AVENUE NORTH CITY: CLEARWATER STATE: FL ZIP: 34620 8-K 1 k8i52pm.htm TECHNOLOGY RESEARCH CORPORATION FORM 8-K TECHNOLOGY RESEARCH CORPORATION 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 and Exchange Act of 1934


Date of Report (Date of earliest event reported):  May 8, 2006


TECHNOLOGY RESEARCH CORPORATION
(Exact name of registrant as specified in its charter)


Florida
  
0-13763
  
59-2095002
(State or other jurisdiction
  
(Commission File Number)
  
(IRS Employer
of incorporation)
  
Identification No.)
    

5250-140th Avenue North, Clearwater, Florida
33760
(Address of principal executive officers)
(Zip Code)


Registrant's telephone number, including area code: (727) 535-0572



 
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
 
    On May 4, 2006 Patrick M. Murphy was elected to the position of director on Technology Research Corporation’s Board of Directors.  Mr. Murphy accepted the appointment on May 8, 2006.  Mr. Murphy will serve on the audit committee of the Board of Directors and has been appointed to be its chairman.
 
 
Item 8.01 Other Events.
 
    At his request, David F. Walker has chosen to step down as Chairman of the Audit Committee.  Mr. Walker will remain a member of the Board of Directors and a member of the audit committee.
 
 
Item 9.01 Financial Statements and Exhibits.

(d) The following exhibit is filed as part of this report:

Exhibit No.
 
Description
Press release issued May 11, 2006
 




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.


 
TECHNOLOGY RESEARCH CORPORATION
   
   
Date:  May 12, 2006
By: /s/ Barry H. Black
 
Name:  Barry H. Black
 
Title:  VP of Finance, CFO

EX-99.1 2 ex991mp.htm PRESS RELEASE DATED MAY 11, 2006 PRESS RELEASE DATED MAY 11, 2006 
                                 Exhibit 99.1

                         PATRICK M. MURPHY JOINS THE
            TECHNOLOGY RESEARCH CORPORATION BOARD OF DIRECTORS


CLEARWATER, FLORIDA, May 11, 2006 - Robert S. Wiggins, Chairman and Chief Executive
Officer of Technology Research Corporation (TRC), (NASDAQ-TRCI), announced that the
Company's Board of Directors has elected Patrick M. Murphy as a new Director.  In
addition and at his request, David F. Walker has chosen to step down as Chairman of
the Audit Committee and Patrick M. Murphy has been appointed as the new Chairman of
the Audit Committee.  Mr. Walker will remain a member of the Board of Directors.

Wiggins stated, "Pat Murphy brings to TRC knowledge and experience in the business
operations of growing manufacturing companies along with extensive expertise in all
aspects of the financial operations of public companies, including Sarbanes Oxley.
He also has significant acquisition experience that we expect will be of great benefit
to TRC in support of the Company's acquisition strategy to accelerate growth and create
additional value for our shareholders."  Wiggins added, "The Company is delighted to
have Pat Murphy join our Board of Directors."

Patrick M. Murphy, age 49, became Senior Vice President, Chief Financial Officer and
Treasurer of Paradyne Networks, Inc. in August 1996 and Secretary in August 2000.  He
also became a director and Chief Executive Officer of Paradyne Credit Corp. in July 2001,
and Vice President, Chief Financial Officer and Treasurer from August 1996 to July 2001.
From August 1996 to July 1998 he served as Vice President, Treasurer and Chief Financial
Officer of GlobeSpan, Inc.  From January 1987 to August 1996, he served as Chief
Financial Officer of Continental Broadcasting, Ltd., a television and radio broadcast
company.  Mr. Murphy was with Deloitte & Touche during the period 1979-1987, in both
Florida and California.

Mr. Murphy holds a B.S./B.A. in Finance from John Carroll University and is a certified
public accountant.  He is a member of the American Institute of Certified Public
Accountants and the Florida Institute of Public Accountants.  He resides in Tampa,
Florida.

Technology Research Corporation designs, manufactures and markets electrical safety
products that save lives, protect people from serious injury from electrical shock and
prevent electrical fires in the home and workplace.  These products have worldwide
application.  The Company also supplies power monitoring and control equipment to the
United States Military and its prime contractors.

Safe Harbor Statement:  Certain statements made in this press release are forward
looking in nature and, accordingly, are subject to risks and uncertainties.  The actual
results may differ materially from those described or contemplated.

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