8-K

                    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): July 12, 2001


                           VARI-L COMPANY, INC.
          (Exact Name of Registrant as Specified in its Charter)



      COLORADO                 0-23866                 06-0678347
(State of Incorporation)   (Commission File         (IRS Employer ID
                               Number)                  Number)


                            4895 Peoria Street
                          Denver, Colorado 80239
                 (Address of Principal Executive Offices)


                              (303) 371-1560
                      (Registrant's Telephone Number,
                           including Area Code)


ITEM 5.  OTHER EVENTS

     Vari-L Company, Inc., the Registrant, issued a press release on July
27, 2001 announcing the resignation of Jae H. Shim, one of the
Registrant's directors, which is attached as Exhibit 99.1 to this report
and incorporated herein by reference.

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

  (a)     None

  (b)     None

  (c)     Exhibits

          99.1      Press Release dated July 27, 2001


Date:  August 1, 2001              VARI-L COMPANY, INC.



                                   By:/s/Charles R. Bland
                                      Charles R. Bland
                                      President and
                                      Chief Executive Officer

EX-99

FOR IMMEDIATE RELEASE:                                       NEWS
July 27, 2001                                            OTC-VARL


VARI-L COMPANY ANNOUNCES RESIGNATION OF DIRECTOR

DENVER, Colorado -- Vari-L Company, Inc. (OTC-VARL), a leading
provider of advanced components for the wireless
telecommunications industry, today announced the resignation of
Jae H. Shim from the company's board of directors.  Mr. Shim
stated that he needed to devote more time to the operations of
his own company, Mobigence, Inc., based in San Jose, California
and therefore could no longer devote the time necessary to
meaningfully participate in the activities of Vari-L.

"Although we regret Jae's departure and will miss his valuable
contributions to the company and the board of directors,
particularly his in depth knowledge of wireless technology, we
understand and accept his reasons for leaving," said Chuck Bland,
president and chief executive officer.  Mr. Bland added that the
Company intends to replace Mr. Shim and is reviewing the
qualifications of a number of candidates.

Headquartered in Denver, Vari-L designs, manufactures and markets
wireless communications components that generate or process radio
frequency (RF) and microwave frequency signals.  Vari-L's
patented products are used in commercial infrastructure equipment
(including cellular/paging/PCS base stations and repeaters, fixed
terminal point to point/multi-point data radios including
LMDS/MMDS), consumer subscriber products (advanced
cellular/PCS/satellite handsets, web-enabled smart phones, 2-way
pagers, wireless PDAs, home networking), and military/aerospace
platforms (satellite communications/telemetry, missile guidance,
electronic warfare, electronic countermeasures, battlefield
communications).  Vari-L serves a diverse customer base of the
world's leading technology companies, including Adaptive
Broadband, Agere, Agilent Technologies, Digital Microwave,
Ericsson, Glenayre Technologies (Wireless Access), Boeing
Satellite Systems, Harris, Lockheed Martin, Lucent Technologies,
Microwave Data Systems, Mitsubishi, Motorola, NEC, NeoPoint,
Netro, Nokia, Novatel Wireless, Raytheon, and Siemens.
Some of the statements contained in this news release are forward-
looking statements.  The accuracy of these statements cannot be
guaranteed as they are subject to a variety of risks, including
but not limited to the interest and availability of qualified
candidates for the Company's Board of Directors, which may be
affected by the Company's own future success and by general
economic conditions in the United States and the overseas markets
served by the Company, the success of the products into which the
Company's products are integrated, governmental action relating
to wireless communications, licensing and regulation, the
accuracy of the Company's internal projections as to the demand
for certain types of technological innovation, competitive
products and pricing, the success of new product development
efforts, the timely release for production and the delivery of
products under existing contracts, and the outcome of pending and
threatened litigation and regulatory actions as well as other
factors.


CONTACTS:

Vari-L Company, Inc.         Pfeiffer High Public Relations, Inc.
Chuck Bland, President & CEO                         Jay Pfeiffer
Rick Dutkiewicz, CFO                                 303/393-7044
303/371-1560                                 jay@pfeifferhigh.com
www.vari-l.com