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: June 5, 1998
ELECTRONIC SYSTEMS TECHNOLOGY INC.
(A Washington Corporation)
Commission File no. 2-92949-S
IRS Employer Identification no. 91-1238077
415 N. Quay St. #4
Kennewick WA 99336
(Address of principal executive offices)
Registrant's telephone number, including area code:(509) 735-9092
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ITEM 5. OTHER EVENTS
On JUNE 5, 1998, the Company issued a press release announcing
a cash distribution in the amount of $0.01 per common share, to
shareholders of record as of June 19, 1998. This press release
is incorporated by reference and is attached hereto as Exhibit 99.4.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL STATEMENTS, AND
EXHIBITS.
Exhibit 99.4 - Press release issued June 5, 1998.
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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.
ELECTRONIC SYSTEMS TECHNOLOGY, INC.
/s/ T.L. KIRCHNER
By: T.L. Kirchner
President
Date: June 5, 1998
EXHIBIT 99.4 - PRESS RELEASE ISSUED June 5, 1998
PRESS RELEASE
ELECTRONIC SYSTEMS TECHNOLOGY
415 N. QUAY STREET
KENNEWICK, WA 99336
509-735-9092 (O)
509-783-5475 (FAX)
EST ANNOUNCES CASH DISTRIBUTION
KENNEWICK, WASHINGTON --- June 5, 1998 --- Electronic Systems Technology
Inc. (EST) (OTC: ELST), today announced the Company will issue a one-time,
noncumulative, cash diistribution to shareholders of record as of June 19,
1998. The distribution will be in the amount of $0.01 per share of common
stock for a total amount of $49,536.67, and will be completed by July 9,
1998.
Electronic Systems Technology, a publicly held Company since 1984, is a
manufacturer of wireless communications hardware for both industrial and
public safety marketplaces, was the first Company to develop the wireless
modem and receive the United States and Canadian patents for this
technology.
Contact EST for more details.
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APPENDIX:
Item no. 1: (graphic material not included in electronic filing format)
The press release was published showing at top left of the press release,
the Electronic Systems Technology, Inc. trademarked company logo, showing
a black square field containing the stylized letters E S T.
