<B>BP (x1-53120) RELM Wireless - 8K

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)  February 24, 2004




RELM Wireless Corporation

(Exact name of registrant as specified in its charter)



                      

Nevada

        

000-07336

        

59-34862971

 

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

   
 

                                             

 

                                             

 

                                             



7100 Technology Drive, West Melbourne, FL 32904

(Address of Principal Executive Office) (Zip Code)



(321) 984-1414

(Registrant’s telephone number, including area code)



Not Applicable

(Former Name or Former Address, If Changed Since Last Report.)











Item 5.     Other Events and Regulation FD Disclosure


On February 24, 2004, RELM Wireless Corporation (the “Company”) entered into a loan modification agreement together with RELM Communications, Inc. with Silicon Valley Bank increasing the Company’s line of credit from $2,500,000 to $3,500,000 and extending the maturity date from August 29, 2004 to January 1, 2005. A copy of the Loan Modification Agreement is attached hereto as Exhibit 99.1 and incorporated herein by reference.

The Company issued a press release announcing this event on February 24, 2004, a copy of which is attached as Exhibit 99.2


Item 7.     Financial Statements and Exhibits.


(c)

Exhibits.

 

Exhibit No.

     

Exhibit Description

 

99.1

 

Loan Modification Agreement dated February 24, 2004, among RELM

Wireless Corporation and Relm Communications, Inc., as borrower, and

Silicon Valley Bank, as lender

 

99.2

 

Press Release issued by the Company on February 24, 2004

 

99.3

 

Press Release issued by the Company on February 25, 2004


Item 12.   Results of Operations and Financial Condition


On February 25, 2004, the Company issued a press release announcing its operating results for the fourth quarter and year ended December 31, 2003.  A copy of the press release is attached as Exhibit 99.3

The information in this Form 8-K and Exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.






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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.



                                                                                      

RELM WIRELESS CORPORATION

 

(Registrant)

   

Date:  February 27, 2004

By:  

/s/ WILLIAM P. KELLY                                

  

William P. Kelly

Executive Vice President – Finance

and Chief Financial Officer

  






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INDEX TO EXHIBITS



Exhibit No.

     

Exhibit Title

99.1

 

Loan Modification Agreement dated February 24, 2004, among RELM Wireless

Corporation and Relm Communications, Inc., as borrower, and Silicon Valley Bank, as

lender

99.2

 

Press Release issued by the Company on February 24, 2004

99.3

 

Press Release issued by the Company on February 25, 2004