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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 31, 2000
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inTEST Corporation
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-22529 22-2370659
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(State or Other (Commission File Number) (I.R.S. Employer
Jurisdiction of Identification No.)
Incorporation)
2 Pin Oak Lane, Cherry Hill, New Jersey 08003
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (856)424-6886
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ITEM 5. OTHER EVENTS.
On March 31, 2000, inTEST Corporation ("inTEST") entered
into a settlement of its patent infringement suit against
Reid-Ashman Manufacturing, Inc., of St. George, Utah.
Further details regarding the settlement are contained in
inTEST's press release dated April 3, 2000, which is attached as
an exhibit hereto and incorporated by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements of Business Acquired:
Not applicable.
(b) Pro Forma Financial Information:
Not applicable.
(c) Exhibits:
99 Press Release, dated April 3, 2000
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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.
inTEST CORPORATION
By: /s/ Hugh T. Regan, Jr.
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Hugh T. Regan, Jr.
Treasurer, Chief Financial Officer
and Secretary
Date: April 6, 2000
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EXHIBIT INDEX
99. Press Release, dated April 3, 2000
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EXHIBIT 99
inTEST SETTLES PATENT INFRINGEMENT SUIT WITH REID-ASHMAN
CHERRY HILL, NEW JERSEY - April 3, 2000: inTEST Corporation
(NASDAQ: INTT), of Cherry Hill, New Jersey, and inTEST IP Corp.,
of Wilmington, Delaware, announced that on March 31, 2000, they
entered into a settlement of their patent infringement lawsuit
instituted against Reid-Ashman Manufacturing, Inc., of St.
George, Utah.
The lawsuit, filed in the Federal District Court for the
District of Delaware on April 16, 1999, related to inTEST's U.S.
Patent No. 4,589,815 and the reexamination of that patent, issued
as U.S. Patent No. B1 4,589,815 (collectively "the '815
patent"). The '815 patent is titled "Electronic Test Head
Positioner For Test Systems" and generally relates to automated
testing equipment, including necessary docking products, used in
the testing of electronic devices.
Under the terms of the settlement, Reid-Ashman acknowledges
that with respect to its existing docking products the '815
patent is valid. Also, as a result of the settlement of the
litigation, Reid-Ashman is now a licensee under the '815 patent
and will pay royalties to inTEST under the license for the
continued sale of Reid-Ashman's current design of docking
products.
inTEST Corporation is a leader in the design and manufacture
of docking hardware, test head manipulators, tester interfaces
and temperature management products which are used with automatic
test equipment (ATE) by semiconductor manufacturers during the
testing of wafers and packaged devices. The Company also designs
and markets related ATE interface products including high
performance test sockets and interface boards. Headquartered in
Cherry Hill, New Jersey, the Company has manufacturing facilities
in New Jersey, California, Massachusetts, the UK, and Singapore
and design, sales, service and support offices in New Jersey,
California, Massachusetts, Arizona, Texas, Oregon, the UK, Japan
and Singapore.
