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<TITLE>SBS Technologies, Inc. Form S-8</TITLE>
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<P align="center"><FONT size="2"><B>As filed with the Securities and
Exchange Commission on September&nbsp;11, 2001<BR>
Registration No.&nbsp;333-**</B>
</FONT>
<P align="center"><FONT size="2"><B>SECURITIES AND EXCHANGE COMMISSION<BR>
WASHINGTON, D.C. 20549</B>
</FONT>
<P align="center"><FONT size="2"><B>FORM S-8<BR>
REGISTRATION STATEMENT UNDER<BR>
THE SECURITIES ACT OF 1933</B>
</FONT>
<P align="center"><FONT size="2"><B>SBS Technologies, Inc.</B><BR>
(Exact name of registrant as specified in its charter)
</FONT>
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        <TD align="center" valign="top"><FONT size="2">New Mexico<BR>
(State of Incorporation)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">
85-0359415<BR>
(I.R.S. Employer Identification No.)</FONT></TD>
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<P align="center"><FONT size="2">2400 Louisiana Boulevard NE<BR>
AFC Building 5, Suite&nbsp;600<BR>
Albuquerque, New Mexico 87110<BR>
(505)&nbsp;875-0600<BR>
(Address of Principal Executive Offices)
</FONT>
<P align="center"><FONT size="2"><B>SBS Technologies, Inc. 2000 Long-Term Equity Incentive Plan</B><BR>
(Full title of Plan)
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Copy to:</FONT></TD>
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<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2"><B>Mr.&nbsp;Grahame Rance<br></B>
SBS Technologies, Inc.<br>
2400 Louisiana Boulevard NE<br>
AFC Building 5, Suite&nbsp;600<br>
Albuquerque, New Mexico 87110<br>
(Name and address of agent for service)<br>
(505)&nbsp;875-0600<br>
(Telephone number, including area code,<br>
of agent for service)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right" valign="top"><FONT size="2">
<B>Alison K. Schuler, Esquire<br></B>
Schuler Messersmith Daly &#038; Lansdowne<br>
4300 San Mateo NE, Suite&nbsp;B-380<br>
Albuquerque, New Mexico 87110<br>
(505)&nbsp;872-0800</FONT></TD>
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<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Approximate date
of proposed sale to the public: From time to time after the effective date of this Registration Statement.</B>
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If any of the securities being registered on this Form are to be offered
on a delayed or continuous basis pursuant to Rule&nbsp;415 under the Securities Act
of 1933, other than securities offered only in connection with dividend or
interest reinvestment plans, check the following box.&nbsp;&nbsp;&nbsp;&nbsp;&#091;X&#093;
</FONT>
<P align="center"><FONT size="2">&nbsp;</FONT>
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<P align="center"><FONT size="2"><B>CALCULATION OF REGISTRATION FEE</B>
</FONT>

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        <TD width="8%">&nbsp;</TD>
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        <TD width="5%">&nbsp;</TD>
        <TD width="9%">&nbsp;</TD>
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        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Proposed Maximum</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Proposed Maximum</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
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        <TD align="center"><FONT size="1"><b>Title of Securities to be</b></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Amount to be</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Offering Price per</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Aggregate Offering</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Amount of</B></FONT></TD>
</TR>
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        <TD align="center"><FONT size="1"><b>Registered</b></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Registered<sup>1</sup></B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Share</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Price</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Registration Fee<sup>2</sup></B></FONT></TD>
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        <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2"><B>Common Stock</B></FONT></DIV></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2"><B>3,000,000</B></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left"><FONT size="2"><B>$</B></FONT></TD>
        <TD align="right"><FONT size="2"><B>34.50</B></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left"><FONT size="2"><B>$</B></FONT></TD>
        <TD align="right"><FONT size="2"><B>47,382,581</B></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left"><FONT size="2"><B>$</B></FONT></TD>
        <TD align="right"><FONT size="2"><B>11,846</B></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
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<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>EXPLANATORY NOTE</B>
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In accordance with the instructional Note to Part 1 of Form&nbsp;S-8 as
promulgated by the Securities and Exchange Commission, the information
specified by Part 1 of Form&nbsp;S-8 has been omitted from this Registration
Statement on Form&nbsp;S-8 for offers of Common Stock of SBS Technologies, Inc.
(&#147;Company&#148;) pursuant to the Plan.
</FONT>
<P>
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<FONT size="2"><sup>1</sup> Indicates the aggregate number of shares of Registrant&#146;s
common stock, without par value, (&#147;Common Stock&#148;) which the Registrant has authorized and reserved for
issuance in accordance with its estimate for the current and next fiscal years of shares that may be issued as restricted shares or issued upon the
exercise of options which have been granted or may be granted under the SBS
Technologies, Inc. 2000 Long-Term Equity Incentive Plan (the &#147;Plan&#148;), plus such
additional number of shares as may be issued pursuant to the Plan in the event
of a stock dividend, stock split, recapitalization or other similar change in
the Common Stock.</FONT>

<P><FONT size="2"><sup>2</sup> This calculation is made solely for the purpose of determining the
registration fee pursuant to the provision of Rule&nbsp;457(h) under the Securities
Act of 1933 (the &#147;Act&#148;) as follows: (i)&nbsp;in the case of shares of Common Stock
which may be purchased upon the exercise of outstanding options, the fee is
calculated on the basis of the price at which the options may be exercised; and
(ii)&nbsp;in the case of shares of Common Stock not yet issued or for which options
have not yet been granted and the price or option price, respectively, of which
is therefore unknown, the fee is calculated on the basis of the average of the
high and low sales price per share of Common Stock reported on the National
Market System of the National Association of Securities Dealers Automated
Quotation System (&#147;NASDAQ&#148;) as of September&nbsp;6,&nbsp;2001 (within 5 business days before filing this
Registration Statement).</FONT>
<P align="center"><FONT size="2">2</FONT>

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<A name="toc"><DIV align="CENTER"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

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<TR><TD colspan="9"><A HREF="#000">PART II INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#001">ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#002">ITEM 4. DESCRIPTION OF SECURITIES</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#003">ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#004">ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#005">ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#006">ITEM 8. EXHIBITS</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#007">ITEM 9. UNDERTAKINGS</A></TD></TR>
<TR><TD colspan="9"><A HREF="#008"> SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="d90526ex5.txt">EX-5 Opinion of Schuler Messersmith Daly Lansdowne</A></TD></TR>
<TR><TD colspan="9"><A HREF="d90526ex23-1.txt">EX-23.1 Consent of KPMG LLP</A></TD></TR>
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<!-- link1 "PART II INFORMATION REQUIRED IN THE REGISTRATION STATEMENT" -->
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<P align="center"><FONT size="2"><B>PART II</B>
</FONT>
<P align="center"><FONT size="2"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>
</FONT>
<!-- link2 "ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE" -->
<DIV align="left"><A NAME="001"></A></DIV>
<P align="left"><FONT size="2"><B>ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents, which are on file with the Commission (File No.
1-10981), are incorporated in this Registration Statement by reference and made
a part hereof:
</FONT>
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        <TD width="1%" align="left" nowrap><FONT size="2">A.</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">The Registrant&#146;s Annual Report on Form&nbsp;10-K for the year
ended June&nbsp;30, 2000, filed pursuant to Section&nbsp;13 of the Securities
Exchange Act of 1934 (&#147;Exchange Act&#148;).</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">B.</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">The Registrant&#146;s Quarterly Report on Form&nbsp;10-Q for the
quarter ended
September&nbsp;30, 2000.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">C.</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">The Registrant&#146;s Quarterly Report on Form&nbsp;10-Q for the
quarter ended
December&nbsp;31, 2000.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">D.</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">The Registrant&#146;s Quarterly Report on Form&nbsp;10-Q for the
quarter ended
March&nbsp;31, 2001.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">E.</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">The Registrant&#146;s Current Report on Form&nbsp;8-K filed March&nbsp;19,
2001.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">F.</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">The Registrant&#146;s Current Report on Form&nbsp;8-K filed March&nbsp;19,
2001.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">G.</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">The Registrant&#146;s Current Report on Form&nbsp;8-K filed April&nbsp;30,
2001.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">H.</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">The description of the Registrant&#146;s Common Stock contained in
the Registrant&#146;s Registration Statement on Form&nbsp;8-A filed November
2, 1995 under Section&nbsp;12 of the Exchange Act, including any further
amendment or report filed for the purpose of updating that
description.</FONT></TD>
</TR>
</TABLE>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents filed pursuant to Sections&nbsp;13(a), 13(c), 14 and 15(d) of the
Exchange Act subsequent to the filing of this Registration Statement, before
the filing of a post-effective amendment which indicates that all securities
offered have been sold or which deregisters all securities then remaining
unsold, shall be deemed to be incorporated by reference in this Registration
Statement and to be a part of it from their respective dates of filing. Any
statement contained in a document incorporated or deemed to be incorporated by
reference in this Registration Statement shall be deemed to be modified or
superseded for all purposes to the extent that a statement contained in this
Registration Statement or any other subsequently filed document that is also
incorporated by reference in this Registration Statement modifies or supersedes
that statement. Any statements so modified or superseded shall not be deemed,
except as so modified or superseded, to constitute a part of this Registration
Statement.
</FONT>
<P align="center"><FONT size="2">3</FONT>
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<P align="left"><FONT size="2"><B>ITEM 4. DESCRIPTION OF SECURITIES</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.
</FONT>
<!-- link2 "ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL" -->
<DIV align="left"><A NAME="003"></A></DIV>
<P align="left"><FONT size="2"><B>ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.
</FONT>
<!-- link2 "ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS" -->
<DIV align="left"><A NAME="004"></A></DIV>
<P align="left"><FONT size="2"><B>ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SBS&#146; Restated Articles of Incorporation provide that the directors of SBS
will not be personally liable to SBS or its shareholders for monetary damages
for any breach of a director&#146;s fiduciary duty as a director, except for
liability for breach or for failure to perform the duties of the office of
director in compliance with the New Mexico Business Corporation Act, as
amended, (&#147;Corporation Act&#148;) if that breach or failure constitutes willful misconduct or
recklessness (or, in the case of a director compensated more than $2,000 per
year or who holds an ownership interest in SBS, if the breach or failure
constitutes negligence, willful misconduct or recklessness).
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SBS&#146; Restated and Amended Bylaws provide for indemnification, in
accordance with the Corporation Act, of directors and officers of SBS for certain expenses
(including attorney&#146;s fees), judgments, fines and settlement amounts incurred
by that person in any action or proceeding, on account of services as a
director or officer of SBS, as a director or officer of any subsidiary of SBS,
or as a director or officer of any other company or enterprise for which the
person provides services at the request of SBS. SBS believes that these
provisions and agreements are necessary to attract and retain qualified persons
as directors and officers. The Corporation Act currently provides that if the
proceeding was by or in the right of the corporation, indemnification may be
made only against reasonable expenses and may not be made for proceedings in
which the person is adjudged to be liable to the corporation. No
indemnification is permitted for any proceeding charging improper personal
benefit to the person, whether or not involving action in the person&#146;s official
capacity, if the person is adjudged to be liable on the basis that personal
benefit was improperly received by the person.
</FONT>
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<P align="left"><FONT size="2"><B>ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.
</FONT>
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<P align="left"><FONT size="2"><B>ITEM 8. EXHIBITS</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following Exhibits are filed with this Registration Statement:</FONT>
<P align="center"><FONT size="2">4</FONT>
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<TR valign="bottom">
        <TD width="15%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="80%">&nbsp;</TD>
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<TR valign="bottom">
        <TD><FONT size="1"><B>EXHIBIT NO.</B></FONT></TD>
        <TD width="5%">&nbsp;</TD>
        <TD><FONT size="1"><B>DESCRIPTION OF EXHIBIT</B></FONT></TD>
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<TR valign="bottom">
        <TD valign="top"><FONT size="2">4.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Article&nbsp;VI of the Restated Articles of
Incorporation, as included in the Restated Articles
of Incorporation of SBS Technologies, Inc. filed as
Exhibit&nbsp;3.i of the Registrant&#146;s Quarterly Report on
Form&nbsp;10-Q for the fiscal quarter ended September&nbsp;30,
2000.*</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">4.2</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Articles I, II of the Restated and Amended Bylaws of
SBS Technologies, Inc., as amended, as included in
the Bylaws filed as Exhibit&nbsp;3.ii of the Registrant&#146;s
Quarterly Report on Form&nbsp;10-Q for the fiscal quarter
ended September&nbsp;30, 2000.*</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">4.3</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Form of certificate evidencing Common Stock, filed
as Exhibit&nbsp;4.c to the Registrant&#146;s Quarterly Report on Form&nbsp;10-Q for the fiscal quarter
ended September&nbsp;30, 2000.*</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">4.4</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Rights Agreement dated as of September&nbsp;15, 1997
between SBS Technologies, Inc. and First Security
Bank, National Association, as Rights Agent, which
includes the form of Right Certificate as Exhibit&nbsp;A
and the Summary of Rights to Purchase Common Shares
as Exhibit&nbsp;B, filed as Exhibit&nbsp;4.1 to the
Registrant&#146;s Form&nbsp;8-K filed September&nbsp;23, 1997.*</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">5</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Opinion of Schuler, Messersmith, Daly &#038; Lansdowne</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">23.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Consent of KPMG LLP</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">24</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Power of Attorney (See Page II-9)</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P><FONT size="2">*Incorporated into this Registration Statement by reference.
</FONT>
<!-- link2 "ITEM 9. UNDERTAKINGS" -->
<DIV align="left"><A NAME="007"></A></DIV>
<P align="left"><FONT size="2"><B>ITEM 9. UNDERTAKINGS</B>
</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp; Rule&nbsp;415 Offering.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned registrant hereby undertakes:
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp; To file, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement:
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp; To include any prospectus required by Section&nbsp;10(a)(3) of the
Securities Act of 1933;
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp; To reflect in the prospectus any facts or events arising after the
effective date of the registration statement (or the most recent post-effective
amendment thereof), which, individually or in the aggregate, represent a
fundamental change in the information set forth in the registration statement.
Notwithstanding the foregoing, any increase or decrease in volume of securities
offered (if the total dollar value of securities offered would not exceed that
which was registered) and
</FONT>
<P align="center"><FONT size="2">5</FONT>
<!-- PAGEBREAK -->
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<H5 align="left"><A HREF="#toc">Table of Contents</A></H5><P>
<P><FONT size="2">any deviation from the low or high end of the estimated maximum offering range
may be reflected in the form of prospectus filed with the Commission pursuant
to Rule&nbsp;525(b) if, in the aggregate, the changes in volume and price represent
no more than a 20&nbsp;percent change in the maximum aggregate offering price set
forth in the &#147;Calculation of Registration Fee&#148; table in the effective
registration statement;
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp; To include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any
material change to such information in the registration statement;
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PROVIDED HOWEVER, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if
the registration statement is on Form&nbsp;S-3, Form&nbsp;S-8 or Form&nbsp;F-3, and the
information required to be included in a post-effective amendment by those
paragraphs is contained in periodic reports filed with or furnished to the
Commission by the registrant pursuant to Section&nbsp;13 or 15(d) of the Securities
Exchange Act of 1934 that are incorporated by reference in the registration
statement.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp; That, for the purpose of determining any liability under the Securities
Act of 1933, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial <I>bona
fide </I>offering thereof.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp; To remove from registration by means of a post-effective amendment any of
the securities being registered which remain unsold at the termination of the
offering.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp; Filings Incorporating Subsequent Exchange Act Documents by Reference.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
registrant&#146;s annual report pursuant to Section&nbsp;13(a) or Section&nbsp;15(d) of the
Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan&#146;s annual report pursuant to Section&nbsp;15(d) of the
Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial<I>bona fide </I>offering thereof.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp; Undertaking Concerning Claim for Indemnification Against Certain
Liabilities
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar as indemnification for liabilities arising under the Securities
Act of 1933 may be permitted to directors, officers and controlling persons of
the registrant pursuant to the foregoing provisions, or otherwise, the
registrant has been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the
Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer or controlling
person of the registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling
precedent, submit to
</FONT>
<P align="center"><FONT size="2">6</FONT>
<!-- PAGEBREAK -->
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<H5 align="left"><A HREF="#toc">Table of Contents</A></H5><P>





<P><FONT size="2">a court of appropriate jurisdiction the question whether such indemnification
by it is against public policy as expressed in the Act and will be governed by
the final adjudication of such issue.
</FONT>
<P align="center"><FONT size="2">7</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left"><A HREF="#toc">Table of Contents</A></H5><P>
<!-- link1 " SIGNATURES" -->
<DIV align="left"><A NAME="008"></A></DIV>
<P align="center"><FONT size="2"><B>SIGNATURES</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form&nbsp;S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Albuquerque, State of New Mexico, on
September&nbsp;11,&nbsp;2001.
</FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="55%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="40%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD valign="top"><FONT size="2"><B>SBS TECHNOLOGIES, INC</B></FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
<TD><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top"><FONT size="2">By:</font></TD>
        <TD align="center" valign="top"><FONT size="2">/s/ JAMES E. DIXON, JR.</font></td></tr>

<TR valign="bottom">
<TD><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top"><FONT size="2"></font></TD>
        <TD align="center" valign="top"><hr size="1"></td></tr>

<TR valign="bottom">
<TD><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top"><FONT size="2"></font></TD>
        <TD align="center" valign="top"><FONT size="2">James E.
Dixon, Jr.</font><BR></td></tr>

<TR valign="bottom">
<TD><FONT size="2">&nbsp;</FONT></TD>
<TD><FONT size="2">&nbsp;</FONT></TD>
<TD align="left"><FONT size="2">
Vice President Finance and Administration,<BR>
Secretary, Treasurer and Chief Financial Officer,<BR>
(Principal Financial Officer and Principal<BR>
Accounting Officer)</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="center"><FONT size="2">8</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left"><A HREF="#toc">Table of Contents</A></H5><P>

<P align="center"><FONT size="2"><B>POWER OF ATTORNEY</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below constitutes and appoints Grahame Rance and James E. Dixon, Jr., and each
of them, with full power to act as his true and lawful attorney-in-fact, with
full power of substitution and resubstitution for him in his name, place and
stead, in any and all capacities to sign any and all amendments (including
post-effective amendments) to this registration statement, or a related
registration statement filed pursuant to Rule&nbsp;462(b), and to file the same,
with all exhibits thereto, and other documents in connection therewith, with
the Securities and Exchange Commission, granting unto said attorneys-in-fact
and agents, and each of them, full power and authority to do and perform each
and every act and thing requisite or necessary to be done in and about the
premises, as fully to all intents and purposes as he might or could do in
person, hereby ratifying and confirming all that said attorneys-in-fact and
agents or any of them, or their or his substitute or substitutes, may lawfully
do or cause to be done by virtue hereof.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities indicated on the dates indicated.
</FONT>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="36%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="51%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="left"><FONT size="1"><B>Name</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Capacity</B></FONT></TD>
<TD nowrap align="center" valign="top" colspan="3"><FONT size="1"><B>Date</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD width="36%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="51%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
</TR>

<TR>
        <TD valign="bottom"><FONT size="2">/s/ GRAHAME E. RANCE<br>
Grahame E. Rance</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
President, Chief Executive Officer,<BR>
Director<BR>
(Principal Executive Officer)</FONT></TD>
<TD nowrap align="center" valign="top" colspan="3"><FONT size="2">September
7, 2001</font>
</TR>


<TR valign="bottom">
        <TD width="36%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="51%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
</TR>

<TR>
        <TD valign="top"><FONT size="2">/s/ CHRISTOPHER J. AMENSON<BR>
Christopher J. Amenson</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Chairman of the Board</FONT></TD>
<TD nowrap align="center" valign="top" colspan="3"><FONT size="2">September
7, 2001</font>
</TR>
<TR valign="bottom">
        <TD width="36%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="51%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
</TR>

<TR>
        <TD valign="top"><FONT size="2">/s/ JAMES E. DIXON, JR.<br>
James E. Dixon, Jr.</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Vice President for Finance&nbsp;&nbsp;
Administration, Secretary,
Treasurer and Chief Financial
Officer (Principal Financial
Officer, Principal Accounting
Officer)</FONT></TD>
<TD nowrap align="center" valign="top" colspan="3"><FONT size="2">September
7, 2001</font>
</TR>
<TR valign="bottom">
        <TD width="36%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="51%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
</TR>

<TR>
        <TD valign="top"><FONT size="2">/s/ WARREN ANDREWS<br>
Warren Andrews</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director</FONT></TD>
<TD nowrap align="center" valign="top" colspan="3"><FONT size="2">September
7, 2001</font>
</TR>
<TR valign="bottom">
        <TD width="36%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="51%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
</TR>

<TR>
        <TD valign="bottom"><FONT size="2">/s/ LAWRENCE A. BENNIGSON<BR>
Lawrence A. Bennigson</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="bottom"><FONT size="2">
Director</FONT></TD>
<TD nowrap align="center" valign="top" colspan="3"><FONT size="2">September
7, 2001</font>
</TR>
<TR valign="bottom">
        <TD width="36%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="51%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
</TR>

<TR>
        <TD valign="top"><FONT size="2">/s/ PETER D. FENNER<BR>
Peter D. Fenner</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director</FONT></TD>
<TD nowrap align="center" valign="top" colspan="3"><FONT size="2">September
7, 2001</font>
</TR>
<TR valign="bottom">
        <TD width="36%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="51%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
</TR>

<TR>
        <TD valign="top"><FONT size="2">/s/ LOUIS C. GOLM<br>
Louis C. Golm</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director</FONT></TD>
<TD nowrap align="center" valign="top" colspan="3"><FONT size="2">September
7, 2001</font>
</TR>
<TR valign="bottom">
        <TD width="36%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="51%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
</TR>

<TR>
        <TD valign="bottom"><FONT size="2">/s/ ALAN F. WHITE<BR>
Alan F. White</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director</FONT></TD>
<TD nowrap align="center" valign="top" colspan="3"><FONT size="2">September
7, 2001</font>
</TR>
</TABLE>
</CENTER>

<P align="center"><FONT size="2">9</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left"><A HREF="#toc">Table of Contents</A></H5><P>

<P align="center"><FONT size="2"><B>EXHIBIT INDEX</B>
</FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="15%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="80%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD><FONT size="1"><B>EXHIBIT NO.</B></FONT></TD>
        <TD width="5%">&nbsp;</TD>
        <TD><FONT size="1"><B>DESCRIPTION OF EXHIBIT</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">4.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Article&nbsp;VI of the Restated Articles of
Incorporation, as included in the Restated Articles
of Incorporation of SBS Technologies, Inc. filed as
Exhibit&nbsp;3.i of the Registrant&#146;s Quarterly Report on
Form&nbsp;10-Q for the fiscal quarter ended September&nbsp;30,
2000.*</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">4.2</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Articles I, II of the Restated and Amended Bylaws of
SBS Technologies, Inc., as amended, as included in
the Bylaws filed as Exhibit&nbsp;3.ii of the Registrant&#146;s
Quarterly Report on Form&nbsp;10-Q for the fiscal quarter
ended September&nbsp;30, 2000.*</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">4.3</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Form of certificate evidencing Common Stock, filed
as Exhibit&nbsp;4.c to the Registrant&#146;s Registration&#146;s
Quarterly Report on Form&nbsp;10-Q for the fiscal quarter
ended September&nbsp;30, 2000.*</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">4.4</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Rights Agreement dated as of September&nbsp;15, 1997
between SBS Technologies, Inc. and First Security
Bank, National Association, as Rights Agent, which
includes the form of Right Certificate as Exhibit&nbsp;A
and the Summary of Rights to Purchase Common Shares
as Exhibit&nbsp;B, filed as Exhibit&nbsp;4.1 to the
Registrant&#146;s Form&nbsp;8-K filed September&nbsp;23, 1997.*</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">5</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Opinion of Schuler, Messersmith, Daly &#038; Lansdowne</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">23.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Consent of KPMG LLP</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">24</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Power of Attorney (See Page II-9)</FONT></TD>
</TR>
</TABLE>
</CENTER>

<P><FONT size="2">*Incorporated into this Registration Statement by reference.
</FONT>






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SBS Technologies, Inc. Form S-8
Table of Contents
As filed with the Securities and
Exchange Commission on September 11, 2001
Registration No. 333-**
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER
THE SECURITIES ACT OF 1933
SBS Technologies, Inc.
(Exact name of registrant as specified in its charter)
New Mexico
(State of Incorporation)
85-0359415
(I.R.S. Employer Identification No.)
2400 Louisiana Boulevard NE
AFC Building 5, Suite 600
Albuquerque, New Mexico 87110
(505) 875-0600
(Address of Principal Executive Offices)
SBS Technologies, Inc. 2000 Long-Term Equity Incentive Plan
(Full title of Plan)
Copy to:
Mr. Grahame Rance
SBS Technologies, Inc.
2400 Louisiana Boulevard NE
AFC Building 5, Suite 600
Albuquerque, New Mexico 87110
(Name and address of agent for service)
(505) 875-0600
(Telephone number, including area code,
of agent for service)
Alison K. Schuler, Esquire
Schuler Messersmith Daly & Lansdowne
4300 San Mateo NE, Suite B-380
Albuquerque, New Mexico 87110
(505) 872-0800
Approximate date
of proposed sale to the public: From time to time after the effective date of this Registration Statement.
If any of the securities being registered on this Form are to be offered
on a delayed or continuous basis pursuant to Rule 415 under the Securities Act
of 1933, other than securities offered only in connection with dividend or
interest reinvestment plans, check the following box.    [X]
Table of Contents
CALCULATION OF REGISTRATION FEE
Proposed Maximum
Proposed Maximum
Title of Securities to be
Amount to be
Offering Price per
Aggregate Offering
Amount of
Registered
Registered
1
Share
Price
Registration Fee
2
Common Stock
3,000,000
$
34.50
$
47,382,581
$
11,846
EXPLANATORY NOTE
In accordance with the instructional Note to Part 1 of Form S-8 as
promulgated by the Securities and Exchange Commission, the information
specified by Part 1 of Form S-8 has been omitted from this Registration
Statement on Form S-8 for offers of Common Stock of SBS Technologies, Inc.
("Company") pursuant to the Plan.
1
Indicates the aggregate number of shares of Registrant's
common stock, without par value, ("Common Stock") which the Registrant has authorized and reserved for
issuance in accordance with its estimate for the current and next fiscal years of shares that may be issued as restricted shares or issued upon the
exercise of options which have been granted or may be granted under the SBS
Technologies, Inc. 2000 Long-Term Equity Incentive Plan (the "Plan"), plus such
additional number of shares as may be issued pursuant to the Plan in the event
of a stock dividend, stock split, recapitalization or other similar change in
the Common Stock.
2
This calculation is made solely for the purpose of determining the
registration fee pursuant to the provision of Rule 457(h) under the Securities
Act of 1933 (the "Act") as follows: (i) in the case of shares of Common Stock
which may be purchased upon the exercise of outstanding options, the fee is
calculated on the basis of the price at which the options may be exercised; and
(ii) in the case of shares of Common Stock not yet issued or for which options
have not yet been granted and the price or option price, respectively, of which
is therefore unknown, the fee is calculated on the basis of the average of the
high and low sales price per share of Common Stock reported on the National
Market System of the National Association of Securities Dealers Automated
Quotation System ("NASDAQ") as of September 6, 2001 (within 5 business days before filing this
Registration Statement).
2
TABLE OF CONTENTS
PART II INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE
ITEM 4. DESCRIPTION OF SECURITIES
ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL
ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS
ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED
ITEM 8. EXHIBITS
ITEM 9. UNDERTAKINGS
SIGNATURES
EX-5 Opinion of Schuler Messersmith Daly Lansdowne
EX-23.1 Consent of KPMG LLP
Table of Contents
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE
The following documents, which are on file with the Commission (File No.
1-10981), are incorporated in this Registration Statement by reference and made
a part hereof:
A.
The Registrant's Annual Report on Form 10-K for the year
ended June 30, 2000, filed pursuant to Section 13 of the Securities
Exchange Act of 1934 ("Exchange Act").
B.
The Registrant's Quarterly Report on Form 10-Q for the
quarter ended
September 30, 2000.
C.
The Registrant's Quarterly Report on Form 10-Q for the
quarter ended
December 31, 2000.
D.
The Registrant's Quarterly Report on Form 10-Q for the
quarter ended
March 31, 2001.
E.
The Registrant's Current Report on Form 8-K filed March 19,
2001.
F.
The Registrant's Current Report on Form 8-K filed March 19,
2001.
G.
The Registrant's Current Report on Form 8-K filed April 30,
2001.
H.
The description of the Registrant's Common Stock contained in
the Registrant's Registration Statement on Form 8-A filed November
2, 1995 under Section 12 of the Exchange Act, including any further
amendment or report filed for the purpose of updating that
description.
All documents filed pursuant to Sections 13(a), 13(c), 14 and 15(d) of the
Exchange Act subsequent to the filing of this Registration Statement, before
the filing of a post-effective amendment which indicates that all securities
offered have been sold or which deregisters all securities then remaining
unsold, shall be deemed to be incorporated by reference in this Registration
Statement and to be a part of it from their respective dates of filing. Any
statement contained in a document incorporated or deemed to be incorporated by
reference in this Registration Statement shall be deemed to be modified or
superseded for all purposes to the extent that a statement contained in this
Registration Statement or any other subsequently filed document that is also
incorporated by reference in this Registration Statement modifies or supersedes
that statement. Any statements so modified or superseded shall not be deemed,
except as so modified or superseded, to constitute a part of this Registration
Statement.
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ITEM 4. DESCRIPTION OF SECURITIES
Not Applicable.
ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL
Not Applicable.
ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS
SBS' Restated Articles of Incorporation provide that the directors of SBS
will not be personally liable to SBS or its shareholders for monetary damages
for any breach of a director's fiduciary duty as a director, except for
liability for breach or for failure to perform the duties of the office of
director in compliance with the New Mexico Business Corporation Act, as
amended, ("Corporation Act") if that breach or failure constitutes willful misconduct or
recklessness (or, in the case of a director compensated more than $2,000 per
year or who holds an ownership interest in SBS, if the breach or failure
constitutes negligence, willful misconduct or recklessness).
SBS' Restated and Amended Bylaws provide for indemnification, in
accordance with the Corporation Act, of directors and officers of SBS for certain expenses
(including attorney's fees), judgments, fines and settlement amounts incurred
by that person in any action or proceeding, on account of services as a
director or officer of SBS, as a director or officer of any subsidiary of SBS,
or as a director or officer of any other company or enterprise for which the
person provides services at the request of SBS. SBS believes that these
provisions and agreements are necessary to attract and retain qualified persons
as directors and officers. The Corporation Act currently provides that if the
proceeding was by or in the right of the corporation, indemnification may be
made only against reasonable expenses and may not be made for proceedings in
which the person is adjudged to be liable to the corporation. No
indemnification is permitted for any proceeding charging improper personal
benefit to the person, whether or not involving action in the person's official
capacity, if the person is adjudged to be liable on the basis that personal
benefit was improperly received by the person.
ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED
Not Applicable.
ITEM 8. EXHIBITS
The following Exhibits are filed with this Registration Statement:
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EXHIBIT NO.
DESCRIPTION OF EXHIBIT
4.1
Article VI of the Restated Articles of
Incorporation, as included in the Restated Articles
of Incorporation of SBS Technologies, Inc. filed as
Exhibit 3.i of the Registrant's Quarterly Report on
Form 10-Q for the fiscal quarter ended September 30,
2000.*
4.2
Articles I, II of the Restated and Amended Bylaws of
SBS Technologies, Inc., as amended, as included in
the Bylaws filed as Exhibit 3.ii of the Registrant's
Quarterly Report on Form 10-Q for the fiscal quarter
ended September 30, 2000.*
4.3
Form of certificate evidencing Common Stock, filed
as Exhibit 4.c to the Registrant's Quarterly Report on Form 10-Q for the fiscal quarter
ended September 30, 2000.*
4.4
Rights Agreement dated as of September 15, 1997
between SBS Technologies, Inc. and First Security
Bank, National Association, as Rights Agent, which
includes the form of Right Certificate as Exhibit A
and the Summary of Rights to Purchase Common Shares
as Exhibit B, filed as Exhibit 4.1 to the
Registrant's Form 8-K filed September 23, 1997.*
5
Opinion of Schuler, Messersmith, Daly & Lansdowne
23.1
Consent of KPMG LLP
24
Power of Attorney (See Page II-9)
*Incorporated into this Registration Statement by reference.
ITEM 9. UNDERTAKINGS
(a)  Rule 415 Offering.
The undersigned registrant hereby undertakes:
(1)  To file, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement:
(i)  To include any prospectus required by Section 10(a)(3) of the
Securities Act of 1933;
(ii)  To reflect in the prospectus any facts or events arising after the
effective date of the registration statement (or the most recent post-effective
amendment thereof), which, individually or in the aggregate, represent a
fundamental change in the information set forth in the registration statement.
Notwithstanding the foregoing, any increase or decrease in volume of securities
offered (if the total dollar value of securities offered would not exceed that
which was registered) and
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any deviation from the low or high end of the estimated maximum offering range
may be reflected in the form of prospectus filed with the Commission pursuant
to Rule 525(b) if, in the aggregate, the changes in volume and price represent
no more than a 20 percent change in the maximum aggregate offering price set
forth in the "Calculation of Registration Fee" table in the effective
registration statement;
(iii)  To include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any
material change to such information in the registration statement;
PROVIDED HOWEVER, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if
the registration statement is on Form S-3, Form S-8 or Form F-3, and the
information required to be included in a post-effective amendment by those
paragraphs is contained in periodic reports filed with or furnished to the
Commission by the registrant pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934 that are incorporated by reference in the registration
statement.
(2)  That, for the purpose of determining any liability under the Securities
Act of 1933, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial
bona
fide
offering thereof.
(3)  To remove from registration by means of a post-effective amendment any of
the securities being registered which remain unsold at the termination of the
offering.
(b)  Filings Incorporating Subsequent Exchange Act Documents by Reference.
The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to Section 15(d) of the
Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial
bona fide
offering thereof.
(h)  Undertaking Concerning Claim for Indemnification Against Certain
Liabilities
Insofar as indemnification for liabilities arising under the Securities
Act of 1933 may be permitted to directors, officers and controlling persons of
the registrant pursuant to the foregoing provisions, or otherwise, the
registrant has been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the
Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer or controlling
person of the registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling
precedent, submit to
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a court of appropriate jurisdiction the question whether such indemnification
by it is against public policy as expressed in the Act and will be governed by
the final adjudication of such issue.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Albuquerque, State of New Mexico, on
September 11, 2001.
SBS TECHNOLOGIES, INC
By:
/s/ JAMES E. DIXON, JR.
James E.
Dixon, Jr.
Vice President Finance and Administration,
Secretary, Treasurer and Chief Financial Officer,
(Principal Financial Officer and Principal
Accounting Officer)
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POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below constitutes and appoints Grahame Rance and James E. Dixon, Jr., and each
of them, with full power to act as his true and lawful attorney-in-fact, with
full power of substitution and resubstitution for him in his name, place and
stead, in any and all capacities to sign any and all amendments (including
post-effective amendments) to this registration statement, or a related
registration statement filed pursuant to Rule 462(b), and to file the same,
with all exhibits thereto, and other documents in connection therewith, with
the Securities and Exchange Commission, granting unto said attorneys-in-fact
and agents, and each of them, full power and authority to do and perform each
and every act and thing requisite or necessary to be done in and about the
premises, as fully to all intents and purposes as he might or could do in
person, hereby ratifying and confirming all that said attorneys-in-fact and
agents or any of them, or their or his substitute or substitutes, may lawfully
do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities indicated on the dates indicated.
Name
Capacity
Date
/s/ GRAHAME E. RANCE
Grahame E. Rance
President, Chief Executive Officer,
Director
(Principal Executive Officer)
September
7, 2001
/s/ CHRISTOPHER J. AMENSON
Christopher J. Amenson
Chairman of the Board
September
7, 2001
/s/ JAMES E. DIXON, JR.
James E. Dixon, Jr.
Vice President for Finance  
Administration, Secretary,
Treasurer and Chief Financial
Officer (Principal Financial
Officer, Principal Accounting
Officer)
September
7, 2001
/s/ WARREN ANDREWS
Warren Andrews
Director
September
7, 2001
/s/ LAWRENCE A. BENNIGSON
Lawrence A. Bennigson
Director
September
7, 2001
/s/ PETER D. FENNER
Peter D. Fenner
Director
September
7, 2001
/s/ LOUIS C. GOLM
Louis C. Golm
Director
September
7, 2001
/s/ ALAN F. WHITE
Alan F. White
Director
September
7, 2001
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EXHIBIT INDEX
EXHIBIT NO.
DESCRIPTION OF EXHIBIT
4.1
Article VI of the Restated Articles of
Incorporation, as included in the Restated Articles
of Incorporation of SBS Technologies, Inc. filed as
Exhibit 3.i of the Registrant's Quarterly Report on
Form 10-Q for the fiscal quarter ended September 30,
2000.*
4.2
Articles I, II of the Restated and Amended Bylaws of
SBS Technologies, Inc., as amended, as included in
the Bylaws filed as Exhibit 3.ii of the Registrant's
Quarterly Report on Form 10-Q for the fiscal quarter
ended September 30, 2000.*
4.3
Form of certificate evidencing Common Stock, filed
as Exhibit 4.c to the Registrant's Registration's
Quarterly Report on Form 10-Q for the fiscal quarter
ended September 30, 2000.*
4.4
Rights Agreement dated as of September 15, 1997
between SBS Technologies, Inc. and First Security
Bank, National Association, as Rights Agent, which
includes the form of Right Certificate as Exhibit A
and the Summary of Rights to Purchase Common Shares
as Exhibit B, filed as Exhibit 4.1 to the
Registrant's Form 8-K filed September 23, 1997.*
5
Opinion of Schuler, Messersmith, Daly & Lansdowne
23.1
Consent of KPMG LLP
24
Power of Attorney (See Page II-9)
*Incorporated into this Registration Statement by reference.