Prepared By R.R. Donnelley Financial -- Form 8-K
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): 07/06/2006
RELIABILITY INCORPORATED
(Exact name of registrant as specified in its charter)
Commission File Number: 0-7092
TX
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75-0868913
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(State or other jurisdiction of
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(IRS Employer
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incorporation)
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Identification No.)
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P.O. Box 218370, Houston, TX 77218-8370
(Address of principal executive offices, including zip code)
281-492-0550
(Registrants telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[X] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Information to be included in the report
Item 2.01. Completion of Acquisition or Disposition of Assets
HOUSTON, TEXAS, July 6, 2006 - Reliability Incorporated (the "Company", OTC Pink Sheets: REAL.PK), today announced that it had completed the sale of its Houston headquarters building. Net proceeds to the Company were approximately $3.9 million. As a result of the sale The Company repaid all its debt and cash increased by approximately $1.4 million.
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.
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RELIABILITY INCORPORATED
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Date: July 06, 2006
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By:
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/s/ James Harwell
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James Harwell
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Executive Vice President
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