Net Income + 300% !

Solche Zahlen sind stark, strong buy, alles unter 2 Dollar wegkaufen.





Forward Industries Announces First Quarter Results With Sales Up 30% and Net Income Up Over 300%; Company Reports Fifth Consecutive Quarter of Profitability  
       TUESDAY, JANUARY 21, 2003 12:20 PM
- BusinessWire

POMPANO BEACH, Fla., Jan 21, 2003 (BUSINESS WIRE) -- Forward Industries, Inc. (FORD) , a designer and distributor of custom carrying case solutions, today announced results for its first quarter ended December 31, 2002.

    See attached tables.


First Quarter 2003 Financial Highlights -- compared to first quarter 2002 results

    --   Net sales increased 30% to $5.7 million.
    --   Operating income more than tripled to $545,611.
    --   Net income more than quadrupled to $559,146 or $.10 per
        diluted share.


Jerome E. Ball, Chairman and Chief Executive Officer of Forward, stated, "We are very pleased to report our fifth consecutive quarter of profitability. The higher sales levels achieved were due to increased orders for both our home medical equipment cases and cellular phone cases. The continued strong sales of our diabetic monitoring equipment carrying cases reflect the efforts we have made to penetrate this important market. We generated approximately $640,000 in sales to third parties under our license agreement with Motorola, up 28% from the same period last year. Importantly, we are now selling our products into more than 20 countries under this license agreement, which further expands our customer base.

"Operating expenses as a percentage of net sales decreased to 23% from 29% in the first quarter of fiscal 2002. These results demonstrate our ability to increase revenues without a corresponding increase in our operating expenses."

Mr. Ball continued, "Our financial position remains strong with $1.4 million in cash and no borrowings outstanding under our line of credit at December 31, 2002. During the quarter, we repurchased 35,200 shares of the Company's common stock under the 400,000-share buyback program that we announced in September, and we plan to buy additional shares, subject to market conditions."

Mr. Ball concluded, "We are optimistic about the remainder of fiscal 2003 and beyond. We are focused on capitalizing on our core markets, and further expanding our relationships with our existing customer base. We look forward to reporting our progress."

    About Forward Industries


Forward Industries, Inc. designs and distributes custom carrying case solutions primarily for cellular phones and medical monitoring equipment. The Company sells its products directly to original equipment manufacturers and recently began marketing a line of Carry Solutions under the "Motorola" brand name. Forward's products can be viewed online at www.fwdinnovations.com and www.forwardindustries.com.

Statements in this press release other than statements of historical fact are "forward-looking statements." Such statements are subject to certain risks and uncertainties, identified from time to time in the Company's filings with the Securities and Exchange Commission that could cause actual results to differ materially from any forward-looking statements. These forward-looking statements represent the Company's judgment as of the date of the release. The Company disclaims, however, any interest or obligations to update these forward-looking statements.

                       FORWARD INDUSTRIES, INC.
                  CONSOLIDATED STATEMENTS OF INCOME
                             (Unaudited)
                                                 Three Months Ended
                                                     December 31,
                                               -----------------------
                                                   2002         2001
                                               ----------- -----------
Net sales                                       $5,691,642   $4,377,073
Cost of goods sold                               3,851,623    2,925,947
                                               ----------- -----------
Gross profit                                     1,840,019    1,451,126
                                               ----------- -----------
Operating expenses:
Selling                                            674,420      755,215
General and administrative                         619,988      521,904
                                               ----------- -----------
Total operating expenses                         1,294,408    1,277,919
                                               ----------- -----------
Income from operations                             545,611      174,007
                                               ----------- -----------
Other income (expense):
Interest expense                                    (1,401)     (21,645)
Interest income                                      3,137        7,315
Other income (expense)                              36,799       (4,539)
                                               ----------- -----------
Total other income (expense)                        38,535      (18,869)
                                               ----------- -----------
Income before provision for income taxes           584,146      155,138
Provision for income taxes                          25,000       16,900
                                               ----------- -----------
Net income                                        $559,146     $138,238
                                               =========== ===========
NET INCOME PER COMMON AND COMMON EQUIVALENT
SHARE
       Basic                                         $0.10        $0.02
                                               =========== ===========
       Diluted                                       $0.10        $0.02
                                               =========== ===========
WEIGHTED AVERAGE NUMBER OF COMMON AND COMMON
EQUIVALENT SHARES OUTSTANDING
       Basic                                     5,813,908    5,825,641
                                               =========== ===========
       Diluted                                   5,813,908    5,825,641
                                               =========== ===========
                       FORWARD INDUSTRIES, INC.
                     CONSOLIDATED BALANCE SHEETS
                                                December    September
                                                   31,          30,
                                                  2002         2002
                                               ----------- -----------
                    ASSETS                      (Unaudited)
                    ------
CURRENT ASSETS
   Cash and cash equivalents                    $1,391,525   $1,207,311
   Accounts receivable, net                      3,873,595    2,680,916
   Inventories                                   1,182,426      718,986
   Prepaid expenses and other current assets       128,688      219,124
   Deferred tax asset                               15,500       15,500
                                               ----------- -----------
      Total current assets                       6,591,734    4,841,837
Property, plant and equipment - net                346,480      341,187
Deferred tax asset                                 161,700      164,500
Other assets                                        41,337       41,337
                                               ----------- -----------
     Total Assets                               $7,141,251   $5,388,861
                                               =========== ===========
     LIABILITIES AND STOCKHOLDERS' EQUITY
     ------------------------------------
CURRENT LIABILITIES
   Accounts payable                             $2,410,085   $1,306,381
   Accrued expenses and other current
    liabilities                                    423,627      291,984
   Current portion of capital lease obligations     28,279       27,814
                                               ----------- -----------
      Total current liabilities                  2,861,991    1,626,179
Long term portion of capital lease obligations      51,504       58,751
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
   Preferred stock, 4,000,000 authorized
    shares, par value $.01; none issued                 --           --
   Common stock, 40,000,00 authorized shares,
    par value $.01; 6,286,531
     shares issued (including 496,090 and
      460,890, respectively held in
     treasury)                                      62,865       62,865
   Paid-in capital                               8,251,780    8,251,780
   Accumulated deficit                          (3,369,681) (3,928,827)
                                               ----------- -----------
                                                4,944,964    4,385,818
   Less: Cost of shares in treasury               (717,208)    (681,887)
                                               ----------- -----------
      Total stockholders' equity                 4,227,756    3,703,931
                                               ----------- -----------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY      $7,141,251   $5,388,861
                                               =========== ===========


Forward Industries, Inc.
Jerome E. Ball, 954/419-9544
or
Investor Relations Counsel
The Equity Group Inc.
Loren Mortman, 212/836-9604
lmortman@equityny.com
www.theequitygroup.com


http://www.businesswire.com


Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.


Copyright (C) 2003 Business Wire. All rights reserved.

 

Der Doc hats optimal getroffen zu 3,05 bei NGEN. Schade, schade. Schwamm drüber.

So, bin jetzt aber wirklich weg, sonst krieg ich Ärger.

Gruss E.  

100% in einer Woche? mit NGEN. Nächstes Jahr hast Du die Kohle für den Club locker über, wenn das so weiter geht.

Gruss E.  

Ich habe meinen Einsatz erstmal rausgenommen(50% verkauft), der Rest läuft weiter.
Sehr schön auch NTST mit Ansage(seit 9,6$ im Depot), TINY auf ATH und wenn jetzt noch POSO den Dollar knackt war das ein richtig netter Jahresabschluss :-)




 

du bist der chef... hammer trade mit NGEN !!

hut ab :-)
 

 

Surf gerade ein wenig durchs Internet auf der Suche nach neuen heißen Dingern für mich und den Club und den Rest, finde eine Hammeraktie, die mich einfach umhaut.



Und? Wer berichtet seit einem Jahr über sie??? Natürlich, der Eskimato!!!
Also absolut, Hut ab! Bis ich mich vom "Niveau" her mit dir messen kann, muss ich noch viel lernen! Aber sag mal ehrlich, dat Ding ist einfach nur krass, oder?


patzi  

Schade dass Doc nicht dabei ist. Ich weiss was ich lesen will. Schau Dir mal sein Posting Nr.16 zu NTST, seit 9,60 dabei, an.

Übrigens hab ich eine grausame 14 Tage Performance im Depotwettbewerb hingelegt, leider ist die Schlussmail noch nicht da. So wirds heute nix mit der Abrechnung.

Gruss E.

http://chart.bigcharts.com/bc3/quickchart/...93&mocktick=1&rand=8296"  

Is ne Möglichkeit, die Erstempfehlung liegt etwas länger zurück.

Gruss E.

http://chart.bigcharts.com/bc3/quickchart/...76&mocktick=1&rand=8400"  

Bodenbildung abgeschlossen um 7 Dollar, die Newslage finde ich hervorragend. Ein 8-K-Filing wurde auch geliefert am 04.01.05.
TRCI sollte locker wieder anspringen.

Gruss E.

Technology Research Corporation to Supply a Major Appliance Manufacturer Fire Shield® LCDI Power Cords for the Room Air Conditioner Application  

CLEARWATER, FLORIDA, January 4, 2005 – Jerry T. Kendall, President and Chief Executive Officer of Technology Research Corporation (TRC), (NASDAQ–TRCI), announced today that the Company has signed a sole source supply agreement with a major appliance manufacturer, subject to meeting agreed to performance requirements, to supply its Fire Shield LCDI Power Cords to be used as cord fire protection on room air conditioners manufactured for sale in the United States.  

The estimated value of the agreement for the current manufacturing season is approximately $5.0 million, of which the Company has received approximately $1.9 million in orders.   Initial shipments of $95,000 for these orders were completed in December 2004.   Remaining deliveries under this agreement are planned through April 2005.

Jerry Kendall said, “We are certainly pleased to be selected by another leading major appliance manufacturer to supply our Fire Shield LCDI Power Cords to be used on their room air conditioners.   Fire Shield is a proven technology for this important safety application.”     He added, “This agreement brings our announced business volume for the room air conditioner application to approximately $16.0 million for the current manufacturing season.”  

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.  





 

Share gefällt mir auch, was sagst Du zu RURL? Mit Nasdaq-Listing mittlerweile schon über 5 Dollar!

Kennst Du DCAI und MDKI? MDKI ist mit knapp 60% an DCAI beteiligt und allein die Beteiligung liegt weit höher als die Market-Cap von MDKI... heiße Teile aus dem Boom-Markt Dialyse!

Gruß Pavian  

Ich schreibe viel im Internet. Zu MDKI und DCAI schreibe ich seit Wochen auf dem Eskivanaboard, bei ARIVA nicht. DCAI mit ATH bei 9,10 und MDKI mit ATH bei 4,20 sind in meine WL gerutscht, gewissenhaftes Screening, zwischendurch in mein Depot, ganz klar. Gleiches Geschäftsfeld Dialyse, sowas entgeht mir nie.
Die Entwicklung von MDKI und DCAI kenne ich sehr genau.
Ich habe Fresenius Medical aus dem DAX mit gleichem Geschäftsfeld mal sehr billig eingekauft, die Peer ist mein Thema.
Ich bin derzeit unter anderem in Stammzellenaktien unterwegs.
Zu den Stammzellenshares ala GERN, ASTM, STEM musst Du den den Spiegel 53/04 lesen. Die Kinder von Beslan auf dem Titelblatt, liegt vielleicht noch beim Friseur oder Hausarzt. Arnie Schwarzenegger und die Stammzelleneshares.
In den vergangenen Wochen hatte ich über 90 An-und Verkäufe in US-Shares. Ich kann das gar nicht alles hier aufzeigen, ich brauche die Kraft zum Traden, nicht um ARIVA zu unterhalten. Allerdings würde ich mit Dir aus alter Freundschaft einen Contest machen. Ich sag was ich kaufe, Du mir.
Nue reale Käufe und Verkäufe, auf Spielchen hab ich keine Lust mehr.
Dann zeig ich Dir IFUE an der OTC oder RSTG an der OTC und son paar andere Überraschungen.
Oder unser alter Liebling SCLN steht bei mir in Kürze ganz oben auf der Kaufliste. Kann das sein? Zwei Kandidaten in Phase 3 und der Share verliert von Tag zu Tag?
Da will ich Butter bei die Fische. Ich kaufe SCLN bald, Du auch?
Etc. etc. Wenn Du die Realität als neuen Thread aufmachst bin ich sofort dabei, die Möchtegerne könnnen mich mal.
RURL ist toll, die Chance unter 3,50 gab es für mich seit Deinem Erstposting. Mein Gedächtnis ist besser als mir lieb ist.

Gruss E.
 

Hallo Eski,

starker Vorschlag, klingt interessant, sich mit Dir über aktuelle Käufe/Verkäufe ad-hoc auszutauschen. Allerdings weiß ich nicht, ob ich Dir gerecht werden kann, wenn ich nicht ständig bei Ariva präsent sein kann...?

Die Stammzellenforscher habe ich auch schon lange im Auge, Geron sogar im Depot. Stemcells und Aastrom sind mir aber bislang immer zu heftig gewesen, den starken Anstiegen folgten stets kräftige Abstürze..

SCLN habe ich lange nicht mehr angeschaut, werde ich nun aber machen und nächste woche mal meinen senf dazu geben..

Was mich derzeit aber fesselt sind DCAI und MDKI, die Du offenbar schon lange vor mir entdeckt hast.. Glückwunsch, das gönn ich Dir! Eskivanaboard kann ich nicht lesen, geht auch keinen außerhalb eurer Gruppe etwas an. Daraus schließe ich aber dass es Eure Investmentgemeinschaft tatsächlich noch gibt, was? Jedenfalls sind mir DCAI und MDKI bis lürzlich durch die Lappen, der Markt für Dialyse scheint aber weiter interessant zu sein... DaVita ist auf Einkaufstour... Leider kann ich keine vernünftige Peer-Group finden, hast Du noch Dialyse-Unternehmen, die ihr Geschäft in der USA betreiben in der watchlist? würde mich brennend interessieren!


Freue mich, von Dir am WE zu hören!

Grüße
Pavian
 

Den Thread hatte allerdings ich mit FORD angefangen, alles unter 2 Dollar wegkaufen.
Jetzt heute schnell auf 7 Dollar, not bad.
Nicht nur EBAY hat heute Zahlen gebracht.

Gruss E.

Forward Industries Reports First Quarter Results: EPS of $.21 Vs. $.03 as Net Sales Increase 98% to $8.9 Million; Cell Phone Product Sales Increase Sharply
1/20/2005 11:27:00 AM

POMPANO BEACH, Fla., Jan 20, 2005 (BUSINESS WIRE) -- Forward Industries, Inc. (FORD), a designer and distributor of custom carrying case solutions, today announced results for its first quarter ended December 31, 2004.

First Quarter 2005 Financial Highlights - Compared to first quarter 2004 results:

   --  Total net sales increased $4.4 million or 98% to $8.9 million.

   --  Cell phone product sales increased $3.5 million or 166% to
       $5.6 million, driven by sales of "in-box" cases for new
       launches of Motorola and Nokia phones.

   --  Overall demand for diabetic cases remained strong as sales
       rose $500,000 or 26% to $2.4 million, driven by particularly
       strong demand from one major OEM customer.

   --  Sales of other carrying solutions rose $405,000 or 84% to
       $880,000.

   --  Net income increased more than six-fold to a record $1.37
       million or $.21 per diluted share, from $192,000 or $.03 per
       diluted share.


The tables below set forth the Company's unaudited condensed consolidated statements of income for the quarters ended December 31, 2004 and 2003, the unaudited consolidated balance sheet as of December 31, 2004, and the audited balance sheet as of September 30, 2004 and are derived from the Company's unaudited, condensed consolidated financial statements included in its Form 10-QSB filed today with the Securities and Exchange Commission. Please refer to the Form 10-QSB for further information regarding the Company's results of operations, financial condition and complete financial statements relating to the quarter ended December 31, 2004, as well as our Form 10-KSB for the fiscal year ended September 30, 2004 and our Form 8-K filed December 22, 2004 for additional information.

Jerome E. Ball, Chairman and Chief Executive Officer of Forward, commented: "We are extremely pleased to report an outstanding start to fiscal 2005, which comes on the heels of a strong 2004. We achieved significant sales increases across all our product lines and are especially pleased with the extraordinarily sharp increase in sales of our cell phone products to Motorola and Nokia resulting from bundling our products with their launches of new handsets. We also recorded increased sales under our license agreement with Motorola."

Mr. Ball continued, "Because of our relatively fixed cost structure and robust sales growth, our operating expenses, as a percentage of sales, declined to 16.3% from 28.9% in the prior year period. This contributed to setting an all-time quarterly net income record for Forward."

Mr. Ball further stated, "We closed the quarter in a solid financial position, with $3.0 million in cash, no long-term debt, and working capital of $8.5 million. Additionally, approximately 1.75 million stock options held by executives and other employees are presently in the money, of which approximately 1.12 million expire by December 31, 2005. Although the exercise of these options will have a further dilutive effect on earnings per share in future quarters, we expect to receive additional cash, the amount of which will depend on the number of options exercised."

Mr. Ball concluded, "We are very optimistic about our overall prospects for the year and we look forward to reporting our performance."

About Forward Industries

Forward Industries, Inc. designs and distributes custom carrying case solutions primarily for cellular phones and home medical diagnostic equipment. The Company sells its products directly to original equipment manufacturers and also markets a line of Carry Solutions under the "Motorola" brand name. Forward's products can be viewed online at www.fwdinnovations.com and www.forwardindustries.com.

Statements in this press release other than statements of historical fact are "forward-looking statements." Such statements are subject to certain risks and uncertainties, identified from time to time in the Company's filings with the Securities and Exchange Commission, that could cause actual results to differ materially from those reflected in any forward-looking statements. These forward-looking statements represent the Company's judgment as of the date of the release. The Company disclaims, however, any obligation to update these forward-looking statements.

              FORWARD INDUSTRIES, INC. AND SUBSIDIARIES
                  CONSOLIDATED STATEMENTS OF INCOME
                             (UNAUDITED)



                                                Three Months Ended
                                                    December 31,
                                              -----------------------
                                                  2004        2003
                                              ----------- -----------
Net sales                                      $8,915,890  $4,492,973
Cost of goods sold                              5,685,795   3,023,293
                                              ----------- -----------
Gross profit                                    3,230,095   1,469,680
                                              ----------- -----------

Operating expenses:
Selling                                           765,516     728,222
General and administrative                        708,772     572,133
                                              ----------- -----------
Total operating expenses                        1,474,288   1,300,355
                                              ----------- -----------

Income from operations                          1,755,807     169,325
                                              ----------- -----------

Other income:
Interest income                                    13,307       2,226
Other income - net                                 71,322      41,597
                                              ----------- -----------
Total other income                                 84,629      43,823
                                              ----------- -----------

Income before provision for income taxes        1,840,436     213,148
Provision for income taxes                        475,400      21,611
                                              ----------- -----------

Net income                                     $1,365,036    $191,537
                                              =========== ===========

Net income per common and common equivalent
share
Basic                                               $0.22       $0.03
                                              =========== ===========
Diluted                                             $0.21       $0.03
                                              =========== ===========

Weighted average number of common and common
equivalent shares outstanding
Basic                                           6,247,405   6,025,046
                                              =========== ===========
Diluted                                         6,660,289   6,327,112
                                              =========== ===========


              FORWARD INDUSTRIES, INC. AND SUBSIDIARIES
                     CONSOLIDATED BALANCE SHEETS




                                              December     September
                                                 31,          30,
                                                2004         2004
                                            ------------ ------------
                  ASSETS                    (Unaudited)
                  ------

Current assets:
  Cash and cash equivalents                  $2,981,360   $4,487,415
  Accounts receivable - net                   7,051,067    3,609,559
  Inventories                                 1,421,394      811,694
  Prepaid expenses and other current assets     201,118      190,076
  Deferred tax asset                            164,413      164,413
                                            ------------ ------------
     Total current assets                    11,819,352    9,263,157

Property, plant, and equipment - net             292,670      264,043
Deferred tax asset                               234,199      617,199
Other assets                                      44,967       44,967
                                            ------------ ------------
    TOTAL ASSETS                            $12,391,188  $10,189,366
                                            ============ ============

   LIABILITIES AND SHAREHOLDERS' EQUITY
   ------------------------------------

Current liabilities:
  Accounts payable                           $2,745,837   $1,813,543
  Accrued expenses and other current
   liabilities                                  567,169      757,026
                                            ------------ ------------
     Total current liabilities                3,313,006    2,570,569

Commitments and contingencies

Shareholders' equity:
  Preferred stock, 4,000,000 authorized
   shares, par value $.01; none issued               --           --
  Common stock, 40,000,000 authorized
   shares, par value $.01; 6,852,831 and
   6,789,931 shares issued at December 31,
   2004 and September 30, 2004, respectively
   (including 563,493 held in treasury,
   respectively)                                 68,528       67,899
  Paid-in capital                             9,042,059    8,948,339
  Retained earnings (accumulated deficit)       820,754     (544,282)
                                            ------------ ------------
                                              9,931,341    8,471,956
  Less: Cost of shares in treasury             (853,159)    (853,159)
                                            ------------ ------------
     Total shareholders' equity               9,078,182    7,618,797
                                            ------------ ------------

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY   $12,391,188  $10,189,366
                                            ============ ============


SOURCE: Forward Industries, Inc.




 

Onkel Eski macht schon seine Kohle.

Gruss E.  

 

Schon über 50%



 

ist ein schnuckeliges kleines Unternehmen. Arbeitet mit Gewinn und zahlt Dividende.  

http://www.nasdaq.com//aspxcontent/...cdtime=05%2F26%2F2009+12%3A01PM  

June 08, 2009 10:57 AM Eastern Daylight Time  
Technology Research Corporation Announces Its First Quarter Cash Dividend
CLEARWATER, Fla.--(BUSINESS WIRE)--Owen Farren, President and Chief Executive Officer of Technology Research Corporation (TRC), (NASDAQ:TRCI), today announced that the company has established June 30, 2009 as the record date for its first fiscal quarter dividend at 2.0 cents per share with a payment date of July 15, 2009.

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.


Contacts
Thomas G. Archbold, Chief Financial Officer, 727-812-0659
Fax: 727-535-9691
www.trci.net


At A Glance
Technology Research Corporation
Headquarters:  Clearwater, Florida  
Website: http://www.trci.net  
CEO:  Owen Farren  
Employees:  429  
Ticker:  TRCI  (NASDAQ)  
Revenues:  $38 million (2007)  
Net Income:  $1.4 million (2007)  
Source: via Business Wire
Updated   07/10/2007   by company  
Permalink: http://www.businesswire.com/news/home/20090608005877/en  

Technology Research Corporation Reports Fourth Quarter and Fiscal Year Financial Results



CLEARWATER, Fla., June 11, 2009 (GLOBE NEWSWIRE) -- Technology Research Corporation ("TRC") (Nasdaq:TRCI) today announced revenue and earnings for its fourth fiscal quarter and fiscal year ended March 31, 2009.

Revenue was $8.0 million for the fiscal quarter ended March 31, 2009, a decrease of $1.0 million from revenue of $9.0 million for the fiscal quarter ended March 31, 2008. Net income for the fourth fiscal quarter ended March 31, 2009 was $0.4 million or $.07 per diluted common share compared with net loss of ($0.9) million or ($.15) per diluted common share for the fiscal quarter ended March 31, 2008.

Orders for the fourth fiscal quarter were $14.8 million, an increase of $4.2 million from the same fiscal quarter last year. Military orders were $12.1 million, an increase of $7.6 million from the fourth fiscal quarter of the previous year and commercial orders were $2.7 million, a decrease of $3.4 million from the fourth quarter of the prior year.

Revenue was $33.7 million for the fiscal year ended March 31, 2009, a decrease of $3.5 million from revenue of $37.2 million for the fiscal year ended March 31, 2008. Net income for the fiscal year ended March 31, 2009 was $1.6 million or $.28 per diluted common share compared with net income of $0.4 million or $0.06 per diluted common share for the fiscal year ended March 31, 2008.

Orders for the fiscal year were $40.8 million, an increase of $3.4 million from the prior fiscal year. Military orders were $23.6 million, an increase of $10.0 million from the previous year and commercial orders were $17.2 million, a decrease of $6.7 million from the prior year.

Net cash and cash equivalents and short-term investments were approximately $6.0 million at March 31, 2009, an increase of approximately $2.3 million from March 31, 2008.

Owen Farren, President & CEO said, "Fiscal 09 was a transformational year for TRC. We made great progress in streamlining our operations to lower our cost of operations and put in place systems that will support our internal growth and acquisition plans. In October 2008, we received approval from the U.S. Government for a manufacturing license agreement with our subsidiary in Honduras in accordance with International Traffic in Army Regulations (ITAR). We have already begun to transition work to our facility in Honduras which will primarily be completed in our second fiscal quarter of FY2010 and should have the effect of reducing our cost of sales. Additionally, our Clearwater facility was certified under ISO 9000:2008. We have further developed our engineering capabilities and are working on advanced designs with complex firmware and electronics as well as electrical and electromechanical capabilities. These advanced engineering capabilities have enabled us to expand our design and low cost partnerships with key customers."

The fourth quarter dividend of $.02 per share was paid on April 15, 2009 to shareholders of record as of March 31, 2009.

TRC is an internationally recognized leader in electrical safety products that prevent electrocution and electrical fires and protect against serious injury from electrical shock. Based on its core technology in ground fault sensing, products are designed to meet the needs of the consumer, commercial and industrial markets worldwide. The Company also supplies power monitors and control equipment to the United States Military and its prime contractors.

The Technology Research Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6266

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Some of the statements in this report constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. These statements are related to future events, other future financial performance or business strategies, and may be identified by terminology such as "may," "will," "should," "expects," "scheduled," "plans," "intends," "anticipates," "believes," "estimates," "potential," or "continue," or the negative of such terms, or other comparable terminology. These statements are only predictions. Actual events as well as results may differ materially. In evaluating these statements, you should specifically consider the factors described throughout this report. We cannot be assured that future results, levels of activity, performance or goals will be achieved.



           TECHNOLOGY RESEARCH CORPORATION AND SUBSIDIARY
                  CONSOLIDATED STATEMENTS OF INCOME
           (In thousands, except share and per share data)

                            Three Months Ended       Year Ended
                           --------------------  --------------------
                           March 31,  March 31,  March 31,   March 31,
                             2009       2008       2009       2008
                           ---------  ---------  ---------  ---------
Revenue:
 Commercial                $   3,562      5,930     18,582     22,680
 Military                      4,215      2,942     14,674     14,152
 Royalties                       207        132        477        328
                           ---------  ---------  ---------  ---------
Total Revenue                  7,984      9,004     33,733     37,160

Cost of sales                  5,126      8,071     22,266     27,900
                           ---------  ---------  ---------  ---------
Gross profit                   2,858        933     11,467      9,260
                           ---------  ---------  ---------  ---------

Operating expenses:
 Selling and marketing           687        689      2,899      2,756
 General and
  administrative                 954      1,214      4,627      4,463
 Research and
  development                    665        474      2,381      1,904
                           ---------  ---------  ---------  ---------
Total Operating
 Expenses                      2,306      2,377      9,907      9,123

Income (loss) from
 operations                      552     (1,444)     1,560        137

Other income (expense)
 Other income, net                45         34        590        182
 Interest expense                 --         --        (10)       (75)
                           ---------  ---------  ---------  ---------
Other income (expense),
 net                              45         34        580        107

Income before income
 taxes                           597     (1,410)     2,140        244
Income tax expense
 (benefit)                       208       (526)       500       (112)
                           ---------  ---------  ---------  ---------
Net income (loss)          $     389       (884)     1,640        356
                           ---------  ---------  ---------  ---------

Earnings per common
 share:
 Basic                     $    0.07      (0.15)      0.28       0.06
 Diluted                   $    0.07      (0.15)      0.28       0.06

Weighted average number
 of common shares
 outstanding:
 Basic                     5,890,828  5,889,828  5,890,828  5,889,136
 Diluted                   5,899,814  5,915,319  5,897,237  5,958,336

Dividend Paid              $    0.02       0.02       0.08       0.08



           TECHNOLOGY RESEARCH CORPORATION AND SUBSIDIARY
                     CONSOLIDATED BALANCE SHEETS
                           (In thousands)

        ASSETS                               March 31,      March 31,
                                               2009           2008
                                             ---------      ---------
Current assets:
 Cash and cash equivalents                   $   2,954          2,132
 Short-term investments                          3,996          1,495
 Accounts receivable, net                        5,372          6,573
 Other receivables                                  --            869
 Income taxes receivable                           631            197
 Inventories                                     8,013          7,788
 Deferred income taxes                             622          1,446
 Prepaid expenses and other current
  assets                                           265            258
                                             ---------      ---------
   Total current assets                         21,853         20,758
                                             ---------      ---------

Property, plant and equipment, net               3,189          3,684
Intangible assets (net)                            404            463
Other assets                                        33             45
                                             ---------      ---------
   Total Assets                               $ 25,479         24,950
                                             ---------      ---------

     LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
 Trade accounts payable                       $  1,309          3,111
 Unsettled treasury obligation                     998             --
 Accrued expenses                                1,422          1,781
 Accrued dividends                                 121            132
                                             ---------      ---------
   Total current liabilities                     3,850          5,024
Income taxes payable                               111             --
Deferred income taxes                               37             37
                                             ---------      ---------
   Total liabilities                             3,998          5,061

Stockholders' equity:
 Common stock                                    3,015          3,015
 Additional paid-in capital                      9,982          9,568
 Retained earnings                               8,524          7,346
 Common stock held in treasury                     (40)           (40)
                                             ---------      ---------
  Total stockholders' equity                    21,481         19,889
                                             ---------      ---------
   Total liabilities and stockholders'
    equity                                    $ 25,479         24,950
                                             ---------      ---------
CONTACT:  Technology Research CorporationThomas G. Archbold, Chief Financial Officer
         (727) 812-0659
         Fax: (727) 535-9691  

http://secfilings.nasdaq.com/...K&RcvdDate=6%2F18%2F2009&pdf=  

ist der entscheidende Tag für den Dividendenbezug. Auszahlung am 15.7.2009.  

http://secfilings.nasdaq.com/...4A&RcvdDate=7%2F2%2F2009&pdf=  

http://www.nasdaq.com/aspx/...sale.aspx?symbol=TRCI&selected=TRCI  

erreicht. Die Dividende ist auch angekommen.