-----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, DK1Gg54gSdyDCHHNN2qQEu1zlNbHmOqAsfSofjFYdPsd0aRyCTKgu2wnJBTstSQI R1IjFlv5XSGYHddyCV6MRw== 0001157523-08-002095.txt : 20080310 0001157523-08-002095.hdr.sgml : 20080310 20080310115731 ACCESSION NUMBER: 0001157523-08-002095 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080306 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20080310 DATE AS OF CHANGE: 20080310 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TEL INSTRUMENT ELECTRONICS CORP CENTRAL INDEX KEY: 0000096885 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 221441806 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31990 FILM NUMBER: 08676680 BUSINESS ADDRESS: STREET 1: 728 GARDEN ST CITY: CARLSTADT STATE: NJ ZIP: 07072 BUSINESS PHONE: 2019331600 MAIL ADDRESS: STREET 1: 728 GARDEN ST CITY: CARLSTADT STATE: NJ ZIP: 07072 8-K 1 a5629917.htm TEL-INSTRUMENT ELECTRONICS CORP 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): March 6, 2008

___________________________________

TEL-INSTRUMENT ELECTRONICS CORP
(Exact name of registrant as specified in its charter)

New Jersey

33-18978

22-1441806

(State or other jurisdiction

of incorporation)

(Commission File Number)

 

(IRS Employer

Identification No.)

728 Garden St
Carlstadt, New Jersey 07072

 

(201) 933-1600

(Address of principal
executive offices)

(Registrant's telephone number,
including area code)





Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Section 7  -  Regulation FD

Item 7.01.     Regulation FD Disclosure.

On March 6 2008, Tel-Instrument Electronics Corp announced that it has been awarded a $2.17 million purchase order from the U.S. Navy for 83 AN/USM-708 (CRAFT) flight line test sets and related documentation. This increases the number of pilot production orders from 15 to 98. This order is expected to be substantially completed during the 2008 calendar year.

As announced on February 29, 2008, total maximum order quantities for this indefinite-delivery/indefinite-quantity (IDIQ) AN/USM-708 contract were recently increased by the Navy from 750 units to 1,200 units, with the maximum contract value increasing to approximately $27 million.

A copy of the press release is attached as Exhibit 99.1 and incorporated herein by reference.

SIGNATURE

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.

 

TEL-INSTRUMENT ELECTRONICS CORP

 

 
Date: March 10, 2008 By:

/s/ Harold K. Fletcher

Harold K. Fletcher

Chairman and President

EX-99.1 2 a5629917ex99_1.htm EXHIBIT 99.1

Exhibit 99.1

Tel-Instrument ('TIK') Announces $2.17 Million Navy Purchase Order

CARLSTADT, N.J.--(BUSINESS WIRE)--Tel-Instrument Electronics Corp (AMEX: TIK) is pleased to announce that it has been awarded a $2.17 million purchase order from the U.S. Navy for 83 AN/USM-708 (CRAFT) flight line test sets and associated documentation. This increases the number of pilot production orders from 15 to 98 units. This order is expected to be substantially completed during the 2008 calendar year.

As announced on February 29, 2008, total maximum order quantities for this indefinite-delivery/indefinite-quantity (IDIQ) AN/USM-708 contract were recently increased by the Navy from 750 units to 1,200 units, with the maximum contract value increasing to approximately $27 million.

About Tel-Instrument:

Tel-Instrument is a leading designer and manufacturer of avionics test equipment for the general aviation, commercial aviation, and government/military aviation markets, both domestically and internationally. Tel-Instrument provides instruments to test a wide range of identification, navigation, and communication test equipment. For further information please visit our website at www.telinstrument.com.

This press release includes statements that are not historical in nature and may be characterized as “forward-looking statements,” including those related to future financial and operating results, benefits, and synergies of the combined companies, statements concerning the Company’s outlook, pricing trends, and forces within the industry, the completion dates of capital projects, expected sales growth, cost reduction strategies, and their results, long-term goals of the Company and other statements of expectations, beliefs, future plans and strategies, anticipated events or trends, and similar expressions concerning matters that are not historical facts. All predictions as to future results contain a measure of uncertainty and, accordingly, actual results could differ materially. Among the factors which could cause a difference are: changes in the general economy; changes in demand for the Company’s products or in the cost and availability of its raw materials; the actions of its competitors; the success of our customers; technological change; changes in employee relations; government regulations; litigation, including its inherent uncertainty; difficulties in plant operations and materials; transportation, environmental matters; and other unforeseen circumstances. A number of these factors are discussed in the Company’s previous filings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this press release.

The Company’s stock is traded in the American Stock Exchange under the symbol TIK.

CONTACT:
Tel-Instrument Electronics Corp
Mr. Joseph P. Macaluso, 201-933-1600

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