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) July 16, 1997
NUMEREX CORP.
------------------------------------------------------
(Exact name of registrant as specified in its charter)
New York 0-22920 11-2948749
- ---------------------------- ----------------- ------------------
(State of other jurisdiction (SEC File Number) (IRS Employer
of incorporation) Identification No.)
2360 Maryland Road, Willow Grove, PA 19090
------------------------------------------
(Address of principal executive offices)
Registrant's telephone number, including area code (610) 892-0316
---------------
1400 N. Providence Road, Suite 4028, Media, PA 19063
-------------------------------------------------------------
(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events.
On July 16, 1997 Numerex Corp. (the "Company") simultaneously entered
into definitive agreements and closed a transaction whereby it acquired a 19.5%
equity interest in Uplink Security, Inc. ("Uplink"). This transaction was
completed pursuant to a Stock Purchase Agreement. Numerex and certain of the
shareholders of Uplink also entered into a Shareholders Agreement and a
Registration Rights Agreement. In addition, Numerex will provide a $5 million
Line of Credit which can be drawn against a defined set of milestones over a 24
month period. Numerex has been granted various options whereby it may acquire a
controlling interest in Uplink.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Company has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NUMEREX CORP.
DATE: July 17, 1997 By: /s/ Charles L. McNew
--------------------------------
Charles L. McNew, Vice President
and Chief Financial Officer
