SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): January 26, 2004
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TEL-INSTRUMENT ELECTRONICS CORP
(Exact name of registrant as specified in its charter)
New Jersey 33-18978 22-1441806
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
728 Garden St
Carlstadt, New Jersey (201) 933-1600
(Address of principal (Registrant's telephone number,
executive offices) including area code)
Not Applicable
(Former name or former address, if changed since last report.)
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Item 9. Regulation FD Disclosure.
On January 16, 2004, Tel-Instrument Electronics Corp finalized its
agreement to acquire Innerspace Technology, Inc. (ITI) of Waldwick, N.J.
ITI has been in business for over 30 years designing, manufacturing and
distributing a variety of shipboard and underwater instruments to support
hydrographers, oceanographers, researchers, engineers, geophysicists, and
surveyors worldwide. ITI has total annual sales of approximately $1
million dollars, and the acquisition agreement provides for a purchase
price of $547,000 and employment arrangements for the two principals. This
agreement has been approved by the Company's Board of Directors.
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 there unto duly authorized.
TEL-INSTRUMENT ELECTRONICS CORP
Date: January 26, 2004 By /s/ Harold K. Fletcher
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/s/ Harold K. Fletcher
Chairman and President
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