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) January 20, 2003


                     Performance Technologies, Incorporated
             (Exact name of registrant as specified in its charter)

                                    Delaware
                 (State or other jurisdiction of incorporation)

             0-27460                                  16-1158413
    (Commission File Number)              (IRS Employer Identification No.)



205 Indigo Creek Drive, Rochester. N.Y.                           14626
(Address of principal executive offices)                        (Zip Code)

                                 (585) 256-0200
                 Company's telephone number, including area code


                                (Not Applicable)
         (Former name or former address, if changed since last report.)







<PAGE>



Item 5.  Other Events and Required FD Disclosure.

On  January  20,  2003,  the Board of  Directors  of  Performance  Technologies,
Incorporated  created the position of Chief Strategic  Officer.  John M. Slusser
agreed to fill this position and will carry out the duties and  responsibilities
of this position in addition to his ongoing  responsibilities as Chairman of the
Board.  In this dedicated  role, Mr. Slusser will be responsible for leading the
Company's  long-term  strategic  planning  efforts,  including  identifying  and
facilitating acquisition opportunities,  business and technology investments and
other growth initiatives.

A copy of the press release announcing the foregoing matter is filed herewith as
Exhibit 99.1.

Item 7.  Financial Statements, Proforma Financial Information and Exhibits.

(c)      Exhibits.

         (99.1)  Press release issued by  Performance Technologies, Incorporated
                on January 20, 2003.

<PAGE>


                                   SIGNATURES

     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.


                                         PERFORMANCE TECHNOLOGIES, INCORPORATED


January 30, 2003                           By: /s/  Donald L. Turrell
                                                    Donald L. Turrell
                                                    President and
                                                    Chief Executive Officer


January 30, 2003                           By: /s/  Dorrance W. Lamb
                                                    Dorrance W. Lamb
                                                    Chief Financial Officer and
                                                    Vice President, Finance

<PAGE>

                                                                   Exhibit 99.1

                                  Press Release

ROCHESTER,  N.Y - January  20,  2003 - The  Board of  Directors  of  Performance
Technologies,  Inc.  (Nasdaq:  PTIX)  announced  today that John M. Slusser,  in
addition to his duties as Chairman of the Board, has been appointed by the Board
of  Directors to the newly  created,  senior-level  position of Chief  Strategic
Officer for the Company. In this dedicated role, Mr. Slusser will be responsible
for  leading  the  Company's  long-term  strategic  planning  efforts  including
identifying and facilitating acquisition opportunities,  business and technology
investments and other growth  initiatives.  He will report to the Board and work
closely with the Company's President and Chief Executive Officer, Don Turrell.


"The Board of Directors  felt this was an ideal time to initiate a more focused,
high-level  strategic effort to accelerate the Company's growth prospects," said
Don Turrell. "John is an ideal individual to carry out this responsibility given
his  experience  with  technology  organizations  and his  background  with  the
Company."


"Performance   Technologies   has   demonstrated  an  ability  to  fiscally  and
technically  out-perform  many of its peers  during  very  difficult  market and
economic  conditions,"  commented  John  Slusser.  "While these  conditions  may
continue for some period to come, challenging times such as these can also offer
unique and  exciting  opportunities  for the  future.  I  enthusiastically  look
forward to my role in this mission to increase long-term shareholder value."


Mr.  Slusser,  age 50,  founded the  Company  and has been a director  since its
inception in 1981. He has served as Chairman of the Board since June 2001.  From
1981 to 1986, he served in various Company management positions and from 1986 to
1995 he served as President and Chief Executive  Officer.  From 1995 to 1999, he
served as Chairman  and Chief  Executive  Officer of  InformationView  Solutions
Corporation.  Since 2000, he has been  President of Radio Daze LLC. Mr.  Slusser
holds a BSEE degree from Rochester Institute of Technology.
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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) January 20, 2003

                     Performance Technologies, Incorporated
             (Exact name of registrant as specified in its charter)

                                    Delaware
                 (State or other jurisdiction of incorporation)

             0-27460                                  16-1158413
    (Commission File Number)              (IRS Employer Identification No.)

205 Indigo Creek Drive, Rochester. N.Y.                           14626
(Address of principal executive offices)                        (Zip Code)

                                 (585) 256-0200
                 Company's telephone number, including area code

                                (Not Applicable)
         (Former name or former address, if changed since last report.)
Item 5.  Other Events and Required FD Disclosure.

On  January  20,  2003,  the Board of  Directors  of  Performance  Technologies,
Incorporated  created the position of Chief Strategic  Officer.  John M. Slusser
agreed to fill this position and will carry out the duties and  responsibilities
of this position in addition to his ongoing  responsibilities as Chairman of the
Board.  In this dedicated  role, Mr. Slusser will be responsible for leading the
Company's  long-term  strategic  planning  efforts,  including  identifying  and
facilitating acquisition opportunities,  business and technology investments and
other growth initiatives.

A copy of the press release announcing the foregoing matter is filed herewith as
Exhibit 99.1.

Item 7.  Financial Statements, Proforma Financial Information and Exhibits.

(c)      Exhibits.

         (99.1)  Press release issued by  Performance Technologies, Incorporated
                on January 20, 2003.
SIGNATURES

     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.

                                         PERFORMANCE TECHNOLOGIES, INCORPORATED

January 30, 2003                           By: /s/  Donald L. Turrell
                                                    Donald L. Turrell
                                                    President and
                                                    Chief Executive Officer

January 30, 2003                           By: /s/  Dorrance W. Lamb
                                                    Dorrance W. Lamb
                                                    Chief Financial Officer and
                                                    Vice President, Finance
Exhibit 99.1

                                  Press Release

ROCHESTER,  N.Y - January  20,  2003 - The  Board of  Directors  of  Performance
Technologies,  Inc.  (Nasdaq:  PTIX)  announced  today that John M. Slusser,  in
addition to his duties as Chairman of the Board, has been appointed by the Board
of  Directors to the newly  created,  senior-level  position of Chief  Strategic
Officer for the Company. In this dedicated role, Mr. Slusser will be responsible
for  leading  the  Company's  long-term  strategic  planning  efforts  including
identifying and facilitating acquisition opportunities,  business and technology
investments and other growth  initiatives.  He will report to the Board and work
closely with the Company's President and Chief Executive Officer, Don Turrell.

"The Board of Directors  felt this was an ideal time to initiate a more focused,
high-level  strategic effort to accelerate the Company's growth prospects," said
Don Turrell. "John is an ideal individual to carry out this responsibility given
his  experience  with  technology  organizations  and his  background  with  the
Company."

"Performance   Technologies   has   demonstrated  an  ability  to  fiscally  and
technically  out-perform  many of its peers  during  very  difficult  market and
economic  conditions,"  commented  John  Slusser.  "While these  conditions  may
continue for some period to come, challenging times such as these can also offer
unique and  exciting  opportunities  for the  future.  I  enthusiastically  look
forward to my role in this mission to increase long-term shareholder value."

Mr.  Slusser,  age 50,  founded the  Company  and has been a director  since its
inception in 1981. He has served as Chairman of the Board since June 2001.  From
1981 to 1986, he served in various Company management positions and from 1986 to
1995 he served as President and Chief Executive  Officer.  From 1995 to 1999, he
served as Chairman  and Chief  Executive  Officer of  InformationView  Solutions
Corporation.  Since 2000, he has been  President of Radio Daze LLC. Mr.  Slusser
holds a BSEE degree from Rochester Institute of Technology.