BK Technologies Corp — Director's Dealing 2004

May 28, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RELM WIRELESS CORP (RELM)
CIK: 0000002186
Period of Report: 2004-05-25

Reporting Person: CORPORATE OPPORTUNITIES FUND INSTITUTIONAL LP (10% Owner, See General Remarks)
Reporting Person: CORPORATE OPPORTUNITIES FUND LP (10% Owner)
Reporting Person: SANDERS MORRIS HARRIS INC/FA (See General Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-05-25	Common Stock	X	937222	$1.05	Acquired	2288138	Direct
2004-05-25	Common Stock	X	173888	$1.05	Acquired	425925	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-05-24	Common Stock Warrants (right to buy)	$1.05	X	937222	Disposed	2004-05-30	Common Stock (937222)	Direct
2004-05-24	Common Stock Warrants (right to buy)	$1.05	X	173888	Disposed	2004-05-30	Common Stock (137888)	Direct

Footnotes

F1: These securities are owned directly by Corporate Opportunities Fund (Institutional), L.P. and indirectly by SMM Corporate Management, LLC, the general partner of Corporate Opportunities Fund (Institutional), L.P., James C. Gale, the chief investment officer and manager of SMM Corporate Management, LLC, and Sanders Morris Harris Inc., the controlling member of SMM Corporate Management, LLC.

F2: These securities are owned directly by Corporate Opportunities Fund, L.P. and indirectly by SMM Corporate Management, LLC, the general partner of Corporate Opportunities Fund, L.P., James C. Gale, the chief investment officer and manager of SMM Corporate Management, LLC, and Sanders Morris Harris Inc., the controlling member of SMM Corporate Management, LLC.

F3: Immediately