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):  January 22, 2007

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 January 22, 2007, Technology Research Corporation (“TRC”) issued a press release announcing that Owen Farren, age 56, has joined the Company as President and Chief Executive Officer.  Mr. Farren will also be appointed to the Company’s Board of Directors.

 Robert S. Wiggins resigned from his duties as Chief Executive Officer and President effective with the appointment of Mr. Farren as his successor.  Mr. Wiggins will continue to serve as Chairman of the Board of Directors.

 Most recently, and beginning in 2003 Owen Farren served as interim Chief Executive Officer for several businesses including Servometer, a designer and manufacturer of precision electroforms and American Metal Coatings, an advanced power finishing company.  From 2002 to 2003 he provided strategic and tactical business planning consulting and interim senior executive services to clients through StratEx, a company he had founded in 2002.  From 1997 to 2002 Mr. Farren was Chairman, President and CEO of SL Industries, Inc., a publicly traded international power systems business.  He has an MBA from Indiana University in Finance and Business Administration and a BS from Indiana University in Marketing and Management.  Mr. Farren is a Certified Public Accountant.

 Mr. Farren has been granted an incentive stock option entitling him to purchase 40,000 shares of the Company’s common stock at the January 22, 2007 closing price.  He also will be provided with a relocation package to assist him in moving to the TampaBay area.  The Company has not entered into an employment agreement or other arrangement related to his employment with Mr. Farren.  There are no relationships or related transactions between the Company and Mr. Farren that are reportable under Item 404 of Regulation S-K.

Item 9.01 Financial Statements and Exhibits.

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

Exhibit No. 99.1 Description Press release issued January 22, 2007  

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:  January 22, 2007	By: /s/ Barry H. Black
	Name:  Barry H. Black
	Title: VP of Finance CFO

EX-99.1

                                                                             Exhibit 99.1
 TECHNOLOGY RESEARCH CORPORATION ANNOUNCES 
        OWEN FARREN AS PRESIDENT AND CHIEF EXECUTIVE OFFICER
CLEARWATER, FLORIDA, January 22, 2007 - Technology Research Corporation (“TRC”), (NASDAQ-TRCI), 
announced that effective today its Board of Directors has appointed Owen Farren to succeed Robert S. Wiggins as 
President and Chief Executive Officer of the Company.  Mr. Wiggins will remain as Chairman of the Board. 
Mr. Wiggins stated, “I am pleased that we have successfully concluded the search for a chief execut
ive officer. 
Owen Farren brings to TRC a diversity of executive managerial experience including strong operational skills needed 
to achieve strategic plans and goals.”  Wiggins added, “I look forward to working with Owen as we continue to 
position the Company for strategic growth.”
Mr. Farren said, “I am excited about the opportunity to continue to build on the accomplishments of Bob Wiggins and 
all the dedicated TRC employees.  With the recent successful settlement of the TRC patent infringement litigati
on matter, 
my energies can be focused forward on developing plans for profitable growth and execution of those plans.”  Owen 
Farren added,  “I look forward to working with TRC’s worldwide customers to build a market centric strategy and identify 
ways to be a more value added partner to them.” 
In 2002, Owen Farren founded StratEx (Strategy and Execution) to provide strategic and tactical business planning 
including both consulting and interim senior executive assignments.  He served as interim CEO for sev
eral businesses 
including Servometer, a designer and manufacturer of precision electroforms and American Metal Coatings, an advanced 
power finishing company.  Prior to StratEx, Mr. Farren was Chairman, President and CEO of SL Industries, Inc. 
(AMEX:SLI), a publicly traded company in the international power systems business.  During his twelve years with 
SL Industries, he directed a turnaround of the business, made a number of strategic acquisitions, and developed major 
new product families.  From 1983 to 1990, he was with the SIMCO Company, a
 subsidiary of Illinois Tool Works, Inc. 
(NYSE:ITW), where he held executive management positions prior to becoming the President and General Manager.  
Mr. Farren has an MBA from Indiana University in Finance and Business Administration and a BS from Indiana 
University in Marketing and Management. 
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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