NEUTRAL POSTURE ERGONOMICS INC
8-K, 1999-09-08
OFFICE FURNITURE (NO WOOD)
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                   U. S. 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: August 20, 1999

                        NEUTRAL POSTURE ERGONOMICS, INC.
                 (Name of small business issuer in its charter)

            TEXAS                      000-23207               74-2563656
 (State or other jurisdiction of       Commission            (IRS Employer
  incorporation or organization)       file number         Identification No.)


                    3904 N. TEXAS AVENUE, BRYAN, TEXAS 77803
                    (Address of principal executive offices)

          Issuer's telephone number including area code: (409) 778-0502

                                       N/A
           ----------------------------------------------------------
           Former name or former address, if changed from last report

<PAGE>
Item 5.  Other Events

      The Company hereby incorporates by reference herein the matters announced
in the Company's press release dated August 19, 1999 (such press release is
filed as Exhibit 99.1 hereto).

Item 7.  Financial Statements and Exhibits

      (c)  Exhibits. The following document is being filed herewith by the
           Company as an exhibit to the Current Report on Form 8-K:


           99.1  Press Release of the Company dated August 19, 1999


                                  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.


Date:  September 8, 1999


                           NEUTRAL POSTURE ERGONOMICS, INC.


                           By: /s/ GREGORY A. KATT
                                   Gregory A. Katt
                                   Vice President and Chief Financial Officer
                                   (Principal Financial and Accounting Officer)



                                                                    EXHIBIT 99.1


                        NEUTRAL POSTURE ERGONOMICS, INC.

                                  NEWS RELEASE

For Immediate Release:  August 19, 1999

                        Neutral Posture Ergonomics, Inc.
            GRANTED APPROVAL TO MOVE TO THE NASDAQ SMALL CAP MARKET

BRYAN, TX. - Neutral Posture Ergonomics, Inc. (NASDAQ: NTRL) today announced
that it has been granted approval to move from the Nasdaq National Market to the
Small Cap Market. The Company's common stock will begin trading on the Small Cap
Market effective opening of business on August 20, 1999 under the same NTRL
symbol.

Rebecca Boenigk, Chairman and Chief Executive Officer of Neutral Posture
Ergonomics, Inc., commented: "We believe this will alleviate the listing issues
we have been facing for the last twelve months. We are committed to creating
shareholder value that will lead us back to the National Market through an
aggressive growth campaign."

Neutral Posture Ergonomics, Inc. manufactures, markets and distributes ergonomic
products. Neutral Posture Ergonomics, Inc. is a certified Women Business
Enterprise.

PRESS CONTACT:
      Gregory A. Katt, CFO
      (409) 778-0502

      THIS PRESS RELEASE MAY INCLUDE CERTAIN STATEMENTS THAT MAY BE DEEMED TO BE
"FORWARD-LOOKING" WITHIN THE MEANING OF THE SECURITIES ACT OF 1933, AS AMENDED,
AND THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. THERE ARE CERTAIN IMPORTANT
FACTORS WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE
ANTICIPATED BY THE FORWARD-LOOKING STATEMENTS. CERTAIN OF THE IMPORTANT FACTORS
WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE IN THE
FORWARD-LOOKING STATEMENTS INCLUDE, AMONG OTHER THINGS, CHANGES FROM ANTICIPATED
LEVELS OF SALES, THE ABILITY TO INTEGRATE ACQUIRED PRODUCT LINES AND RELATED
BUSINESSES, FUTURE NATIONAL OR REGIONAL ECONOMIC AND COMPETITIVE CONDITIONS,
CHANGES IN RELATIONSHIPS WITH CUSTOMERS, CUSTOMER ACCEPTANCE OF EXISTING AND NEW
PRODUCTS, PRICING PRESSURES DUE TO EXCESS CAPACITY, RAW MATERIAL COST INCREASES,
CHANGE OF TAX RATES, CHANGE OF INTEREST RATES, DECLINING CONDITIONS IN THE
INDUSTRY, VALIDITY OF PATENTS, AVAILABILITY OF KEY COMPONENT PARTS, CASUALTY TO
OR OTHER DISRUPTION OF THE COMPANY'S PRODUCTION FACILITY AND EQUIPMENT, DELAYS
AND DISRUPTIONS IN THE SHIPMENT OF THE COMPANY'S PRODUCTS AND OTHER FACTORS THAT
GENERALLY AFFECT BUSINESS.



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