Item 8.01 Other Events

On November 11, 2008, Performance Technologies, Incorporated ("the Company") adopted two pre-arranged, non-discretionary stock trading plans in connection with the Company's stock repurchase plan which was announced on October 29, 2008. These stock trading plans were adopted in accordance with Rule 10b5-1 ("Rule 10b5-1") under the Securities Exchange Act of 1934, as amended, and the Company's policies governing stock transactions by directors, executive officers and other employees. Rule 10b5-1 allows corporate insiders, as well as the Company, to establish pre-arranged stock trading plans when not in possession of material non-public information, to provide for non-discretionary trading in the Company's stock during the Company's predetermined "blackout" periods, those periods during which the Company, its executive officers and certain employees may not trade in the Company's stock.

Each of these stock trading plans provides for the periodic purchase of the Company's stock on the open market, in an amount of aggregate purchases under each plan of not greater than $4.6 million. The first plan becomes effective on December 2, 2008 and terminates on February 9, 2009. The second plan becomes effective on March 6, 2009 and terminates on April 24, 2009.

Transactions made under these Rule 10b5-1 trading plans will be reported to the Securities and Exchange Commission in accordance with applicable securities laws, rules and regulations. Except as may be required by law, the Company does not undertake to report stock trading plans by the Company's officers or directors, or to report modifications or termination of any publicly-announced plan.