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UNITED STATES 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): July 24, 2003
UNIVERSAL SECURITY INSTRUMENTS, INC.
(Exact name of registrant as specified in its charter)
Maryland 0-7885 52-0898545
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
7-A Gwynns Mill Court, Owings Mills, Maryland 21117
(Address of Principal Executive Offices)
Registrant's telephone number, including area code: (410) 363-3000
Inapplicable
(Former Name or Former Address if Changed Since Last Report)
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INFORMATION TO BE INCLUDED IN THE REPORT
Item 5. Other Events and Required FD Disclosure.
Reference is made to the press release issued by the Registrant on
July 24, 2003, the text of which is attached hereto as Exhibit 99.1.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits
The following exhibits are filed herewith:
Exhibit No.
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99.1 Press Release dated July 24, 2003
1
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 thereunto duly authorized.
UNIVERSAL SECURITY INSTRUMENTS, INC.
(Registrant)
Date: July 24, 2003 By: /s/ Stephen C. Knepper
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Stephen C. Knepper
Chief Executive Officer
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Exhibit 3.1
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For Immediate Release
Contact: Harvey Grossblatt, President
Universal Security Instruments, Inc.
410-363-3000, Ext. 224
or
Don Hunt, Brian Edwards
Lambert, Edwards & Associates, Inc.
616-233-0500
Universal Security Instruments Announces
Move To American Stock Exchange
OWINGS MILLS, MD, July 24, 2003: Universal Security Instruments, Inc. (OTC-BB:
USEC) today announced its common stock has been approved for listing on the
American Stock Exchange (AMEX). This approval is contingent upon the Company
being in compliance with all applicable listing standards on the date it begins
trading on the Exchange, and may be rescinded if the Company is not in
compliance with such standards.
The Company expects its stock to begin trading on Monday, July 28, 2003, under
the new ticker symbol UUU.
"We have met a major milestone for our Company and its shareholders. We believe
the American Stock Exchange will provide our shareholders with an excellent
trading environment on a national exchange, a platform with greater liquidity,
marginability and greater transparency," said Steve Knepper, chairman of the
board and chief executive officer of Universal Security Instruments, Inc.
"Our new listing is the culmination of the hard work by the men and women of
Universal Security Instruments. While remaining an efficient, service-oriented
and quality-driven company, our new management team has aggressively pursued the
growth plan we adopted in October 2001. We will continue to utilize all
opportunities and resources to maximize return for our shareholders," Knepper
added.
UNIVERSAL SECURITY INSTRUMENTS, INC. (www.universalsecurity.com), founded in
1969, is a Maryland-based manufacturer and worldwide marketer of safety and
security products directly and through its 50%-owned Hong Kong joint venture.
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Statements contained in this press release that are not historical facts are
forward-looking statements as that term is defined in the Private Securities
Litigation Reform Act of 1995. Although UNIVERSAL SECURITY INSTRUMENTS, INC.
believes that the expectations reflected in such forward-looking statements are
reasonable; the forward-looking statements are subject to risks and
uncertainties that could cause actual results to differ materially from those
projections.
7-A GWYNNS MILL COURT o OWINGS MILLS, MARYLAND 21117
USA o DIRECT DIAL: (410) 363-3000
Visit us on the Web! www.universalsecurity.com