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 (Date of Earliest Event Reported): April 26, 2004
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Digital Recorders, Inc.
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(Exact Name of Registrant as Specified in Its Charter)
North Carolina 1-13408 56-1362926
(State or Other Jurisdiction of (Commission File Number) (IRS Employer
Incorporation) Identification No.)
5949 Sherry Lane, Suite 1050, Dallas, Texas 75225
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code (214) 378-8992
Item 5. Other Events and Required Regulation FD Disclosure
On April 26, 2004, Digital Recorders, Inc. (DRI) (NASDAQ: TBUS), a
market leader in transit, transportation and law enforcement digital
communications and audio enhancement systems, announced that it has completed
its previously announced $5.0 million private placement of its common stock to
certain qualified institutional investors.
A copy of the Company's press release is attached hereto as Exhibit
99.1 and is incorporated herein by reference.
ITEM 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits.
99.1 Press release dated April 26, 2004.
Signature(s)
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.
DIGITAL RECORDERS, INC.
Date: April 26, 2004 By: /s/ DAVID L. TURNEY
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David L. Turney
Chairman, Chief Executive Officer and President
INDEX TO EXHIBITS
EXHIBIT
NUMBER DESCRIPTION
99.1 Press release dated April 26, 2004.