-----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, NmiVgvUD20mUqqsidEK3ap/VNQF+fO5NPebFelbtQF/P59NS1rxzx0A+PZiCMwFD vqEi9GmYvjHmknFGYJQIPw== 0000741556-07-000048.txt : 20071129 0000741556-07-000048.hdr.sgml : 20071129 20071129163522 ACCESSION NUMBER: 0000741556-07-000048 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20071129 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20071129 DATE AS OF CHANGE: 20071129 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: 071275292 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 k8i5rsw.htm FORM 8-K - CHANGE IN CHAIRMAN OF THE BOARD k8i5rsw.htm

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):  November 29, 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 of Principal Officers; Election of Directors; Appointment of Principal Officers

    The Board of Directors announced that on November 28, 2007 Owen Farren was elected as Chairman of the Board in addition to continuing in his roles as Chief Executive officer and President of the Company.  Mr. Farren is assuming the additional role as Chairman of the Board following the death of Mr. Robert S. Wiggins on November 24, 2007.  Mr. Wiggins had been the Chief Executive officer of the Company from March 1988 through August 2004 and again from August 2005 until January 2007, and retired from the business on March 31, 2007.  He had been a director of the Company and Chairman of the Board from March 1988 until his passing on Saturday, November 24, 2007.
    The Board of Directors also announced the establishment of a Lead Independent Director role in accordance with current corporate governance practices, subject to the adoption of appropriate amendments to the Company's bylaws and related policies.  Gerry Chastelet, a member of the Board of Directors since 1999, was elected to be the Lead Independent Director pending approval of the amendment of the Company’s bylaws.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.
The following exhibit is filed herewith:
 
Exhibit No.
  
Description
Press release issued November 29, 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:  November 29, 2007
By: /s/ Barry H. Black
 
Name:  Barry H. Black
 
Title: VP of Finance CFO

 
 
 

 EX-99.1 2 reli5rsw.htm PRESS RELEASE DATED NOVEMBER 29, 2007 reli5rsw.htm
Exhibit 99.1

TECHNOLOGY RESEARCH CORPORATION
ANNOUNCES THE ELECTION OF OWEN FARREN AS
CHAIRMAN OF THE BOARD OF DIRECTORS


 
CLEARWATER, FLORIDA, November 29, 2007- The Board of Directors of Technology Research Corporation (TRC), (NASDAQ-TRCI) announced today that Mr. Owen Farren was elected Chairman of the Board in addition to continuing in his roles as Chief Executive Officer and President of the Company.  Mr. Farren is assuming the additional role as Chairman of the Board following the death of Mr. Robert S. Wiggins on November 24, 2007.  Mr. Wiggins had been the Chief Executive officer of the Company from March 1988 through August 2004 and again from August 2005 until January 2007, and retired from the business on March 31, 2007. He had been a director of the Company and Chairman of the Board from March 1988 until his passing last Saturday.

The Board of Directors also announced the establishment of a Lead Independent Director role in accordance with current corporate governance practices, subject to the adoption of appropriate amendments to the Company's bylaws and related policies.  Gerry Chastelet, a member of the Board of Directors since 1999, was elected to be the Lead Independent Director pending approval of the amendment of the Company’s bylaws.


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.






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