| T      | QUARTERLY      REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934.                                                                                                      |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                    |
|   | For      the Quarterly Period Ended March 31, 2009                                                                                                                                                      |
|   |
| Or     |
|   |
| £ | TRANSITION      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934. For the      transition period from ____________________ to      _____________________________ |

| TELTRONICS,      INC.                                                             |
|-----------------------------------------------------------------------------------|
| (Exact name      of registrant as specified in its charter)                       |
|                                                                              |
| Delaware                                                                          | 59-2937938 |
| (State or      other jurisdiction of Incorporation or organization)               | (IRS Employer      Identification Number) |
|                                                                              |
| 2150      Whitfield Industrial Way, Sarasota,      Florida   34243 |
| (Address of      principal executive offices including zip code)                  |
|                                                                              |
| (941)      753-5000                                                               |
| Issuer's      telephone number, including areacode                                |

| Large      accelerated filer                             | £ | Accelerated      filer         | £ |
|----------------------------------------------------------|--------|--------------------------------|--------|
| Non-accelerated      filer                               | £ | Smaller      reporting company | T      |
|  (Do not check      if a smaller reporting company) |

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|                     |                                                                                                                          | PAGE   |
|--------------------------|-------------------------------------------------------------------------------------------------------------------------------|--------|
| PART      I              | FINANCIAL      INFORMATION                                                                                               |   |
| ITEM 1.                  | FINANCIAL      STATEMENTS                                                                                                |   |
|                     | Condensed      Consolidated Balance Sheets at March 31, 2009(Unaudited)      and December 31, 2008                            | 1      |
|                     |  Condensed      Consolidated Statements of Operations (Unaudited)for the Three      months ended March 31, 2009 and 2008 | 2      |
|                     |  Condensed      Consolidated Statements of Cash Flows (Unaudited)for the Three      months ended March 31, 2009 and 2008 | 3      |
|                     |  Notes to      Condensed Consolidated Financial Statements (Unaudited)                                                   | 4      |
|  ITEM 2.            |  MANAGEMENT’S      DISCUSSION AND ANALYSIS OFFINANCIAL      CONDITION AND RESULTS OF OPERATIONS                    | 6      |
|  ITEM 3.            |  QUANTITATIVE      AND QUALITATIVE DISCLOSURES ABOUTMARKET      RISK                                                     | 7      |
|  ITEM 4.            |  CONTROLS AND      PROCEDURES                                                                                            | 7      |
|  PART      II       |  OTHER      INFORMATION                                                                                                  |
|  ITEM 3.            |  DEFAULTS UPON      SENIOR SECURITIES                                                                                    | 9      |
|  ITEM 6.            |  EXHIBITS AND      REPORTS ON FORM 8-K                                                                                   | 9      |
|  SIGNATURES         | 10                                                                                                                            |
|  EXHIBIT      INDEX | 11                                                                                                                            |
|                     |                                                                                                                          |   |

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| ASSETS                                                                                                      |   |
|-------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                        |   |
|                                                                                                        |   |  March 31, |   |   |  December      31, |   |
|                                                                                                        |   |  2009 |   |   |  2008 |   |
|                                                                                                        |   |   | (Unaudited)  |   |   |   |   |   |
|                                                                                                        |   |   |   |   |   |   |   |   |
|  Current      assets:                                                                                  |   |   |   |   |   |   |   |   |
|    Cash and cash    equivalents                                                              |   | $  | 630  |   |   | $  | 548  |   |
|         Accounts receivable, net                                                                  |   |   | 7,359  |   |   |   | 5,366  |   |
|    Inventories, net                                                                          |   |   | 5,063  |   |   |   | 5,085  |   |
|    Prepaid expenses      and other current assets                                            |   |   | 484  |   |   |   | 622  |   |
|       Total current      assets                                                    |   |   | 13,536  |   |   |   | 11,621  |   |
|                                                                                                        |   |   |   |   |   |   |   |   |
|  Property      and equipment, net                                                                      |   |   | 694  |   |   |   | 748  |   |
|  Other assets                                                                                          |   |   | 269  |   |   |   | 275  |   |
|                                                                                                        |   |   |   |   |   |   |   |   |
|        Total      assets         |   | $ | 14,499  |   |   | $ | 12,644  |   |
|                                                                                                        |   |   |   |   |   |   |   |   |
| LIABILITIES      AND SHAREHOLDERS’ DEFICIENCY                                                         |
|                                                                                                        |   |   |   |   |   |   |   |   |
| Current      liabilities:                                                                              |   |   |   |   |   |   |   |   |
| Line of credit                                                                                              |   | $ | 5,587 |   |   | $ | 4,291 |   |
| Current portion of long-term debt and      capitallease obligations                                         |   |   | 1,441 |   |   |   | 1,440 |   |
| Accounts payable                                                                                            |   |   | 8,071 |   |   |   | 7,687 |   |
| Other current    liabilities                                                                                |   |   | 3,161 |   |   |   | 3,138 |   |
| Total current    liabilities                                                                                |   |   | 18,260 |   |   |   | 16,556 |   |
| Long-term      liabilities:                                                                                 |   |   |   |   |   |   |   |   |
| Deferred dividends                                                                                          |   |   | 3,200 |   |   |   | 3,000 |   |
| Long-term debt and capital lease      obligations,net of current portion                                    |   |   | 1,912 |   |   |   | 2,214 |   |
| Total long-term    liabilities                                                                              |   |   | 5,112 |   |   |   | 5,214 |   |
|                                                                                                        |   |   |   |   |   |   |   |   |
|                                                                                                        |   |   |   |   |   |   |   |   |
| Commitments      and contingencies                                                                          |   |   |   |   |   |   |   |   |
| Shareholders'      deficiency:                                                                              |   |   |   |   |   |   |   |   |
| Capital stock                                                                                               |   |   | 9 |   |   |   | 9 |   |
| Additional paid-in    capital                                                                               |   |   | 24,726 |   |   |   | 24,725 |   |
| Accumulated deficit and other      comprehensive loss                                                       |   |   | (33,608 | ) |   |   | (33,860 | ) |
| Total shareholders'      deficiency                                                                         |   |   | (8,873 | ) |   |   | (9,126 | ) |
|                                                                                                        |   |   |   |   |   |   |   |   |
| Total liabilities and shareholders'      deficiency                                                         |   | $ | 14,499 |   |   | $ | 12,644 |   |

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|                                                                                |   | Three      MonthsEnded      March 31, |      |
|-------------------------------------------------------------------------------------|--------|---------------------------------------|-----------|
|                                                                                |   | 2009                                  |      |   | 2008 |   |
|                                                                                |   |                                  |      |   |   |   |
| Net      sales                                                                      |   |                                  |      |   |   |   |
|         Product      sales and installation |   | $                                     | 7,058     |   |   | $ | 5,645 |   |
| Maintenance and service                                                             |   |                                  | 2,591     |   |   |   | 2,682 |   |
|                                                                                |   |                                  | 9,649     |   |   |   | 8,327 |   |
| Cost of goods      sold                                                             |   |                                  | 6,169     |   |   |   | 5,524 |   |
| Gross      profit                                                                   |   |                                  | 3,480     |   |   |   | 2,803 |   |
| Operating      expenses:                                                            |   |                                  |      |   |   |   |   |   |
| General andadministrative                                                           |   |                                  | 1,178     |   |   |   | 1,677 |   |
| Sales and marketing                                                                 |   |                                  | 601       |   |   |   | 1,012 |   |
| Research and development                                                            |   |                                  | 735       |   |   |   | 1,068 |   |
| Depreciation and    amortization                                                    |   |                                  | 53        |   |   |   | 88 |   |
|                                                                                |   |                                  | 2,567     |   |   |   | 3,845 |   |
|                                                                                |   |                                  |      |   |   |   |   |   |
| Income (loss)      from operations                                                  |   |                                  | 913       |   |   |   | (1,042 | ) |
|                                                                                |   |                                  |      |   |   |   |   |   |
| Other      income (expense):                                                        |   |                                  |      |   |   |   |   |   |
| Interest                                                                            |   |                                  | (408      | ) |   |   | (326 | ) |
| Other                                                                               |   |                                  | 30        |   |   |   | 1,459 |   |
|                                                                                |   |                                  | (378      | ) |   |   | 1,133 |   |
| Income      before income taxes                                                     |   |                                  | 535       |   |   |   | 91 |   |
| Income      taxes                                                                   |   |                                  | 6         |   |   |   | 4 |   |
| Net      income                                                                     |   | $                                     | 529       |   |   | $ | 87 |   |
| Dividends      on Preferred Series B and C Convertible stock                        |   |                                  | 263       |   |   |   | 305 |   |
| Net      income (loss) available to common shareholders                             |   | $                                     | 266       |   |   | $ | (218 | ) |
|                                                                                |   |                                  |      |   |   |   |   |   |
| Net      income (loss) per common share:                                            |   |                                  |      |   |   |   |   |   |
| Basic and Diluted                                                                   |   | $                                     | 0.03      |   |   | $ | (0.03 | ) |
|                                                                                |   |                                  |      |   |   |   |   |   |
| Weighted      average common shares outstanding:                                    |   |                                  |      |   |   |   |   |   |
| Basic and Diluted                                                                   |   |                                  | 8,647,539 |   |   |   | 8,647,539 |   |

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|                                                                     |   | Three      MonthsEnded      March 31, |   |
|--------------------------------------------------------------------------|--------|---------------------------------------|--------|
|                                                                     |   | 2009                                  |   |   | 2008 |   |
|                                                                     |   |                                  |   |   |   |   |
| NET      CASH FLOWS PROVIDED BY (USED IN)OPERATING      ACTIVITIES       |   | $                                     | (834   | ) |   | $ | 800 |   |
|                                                                     |   |                                  |   |   |   |   |   |   |
| INVESTING      ACTIVITIES – NET                                    |   |                                  | (3     | ) |   |   | 1,655 |   |
|                                                                     |   |                                  |   |   |   |   |   |   |
| FINANCING      ACTIVITIES:                                               |   |                                  |   |   |   |   |   |   |
| Net borrowings (repayments) on line of      credit                       |   |                                  | 1,296  |   |   |   | (1,706 | ) |
| Net principal repayments on loan, notes      and capital leases          |   |                                  | (300   | ) |   |   | (1,175 | ) |
| Dividends paid on Preferred Series B      Convertible Stock              |   |                                  | (63    | ) |   |   | (63 | ) |
| Net cash      flows provided by (used in) financing activities           |   |                                  | 933    |   |   |   | (2,944 | ) |
|                                                                     |   |                                  |   |   |   |   |   |   |
| Effect of      exchange rate changes on cash and cash equivalents        |   |                                  | (14    | ) |   |   | (1 | ) |
|                                                                     |   |                                  |   |   |   |   |   |   |
| Net increase      (decrease) in cash and cash equivalents for the period |   |                                  | 82     |   |   |   | (490 | ) |
|                                                                     |   |                                  |   |   |   |   |   |   |
| Cash and cash      equivalents - Beginning of Period                     |   |                                  | 548    |   |   |   | 1,123 |   |
|                                                                     |   |                                  |   |   |   |   |   |   |
| Cash and cash      equivalents - End of Period                           |   | $                                     | 630    |   |   | $ | 633 |   |

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|                              |   | Three      Months Ended March 31, |   |
|-----------------------------------|--------|-----------------------------------|--------|
|                              |   | 2009                              |   |   | 2008 |   |
|                              |   |                              |   |   |   |   |
| Net      income                   |   | $                                 | 529    |   |   | $ | 87 |   |
| Foreign      currency translation |   |                              | (14    | ) |   |   | (1 | ) |
| Total      comprehensive income   |   | $                                 | 515    |   |   | $ | 86 |   |

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|                                                                  |   | Three      Months Ended March 31, |      |
|-----------------------------------------------------------------------|--------|-----------------------------------|-----------|
|                                                                  |   | 2009                              |      |   | 2008 |   |
| Basic and      diluted                                                |   |                              |      |   |   |   |
| Net      income                                                       |   | $                                 | 529       |   |   | $ | 87 |   |
| Preferred      dividends                                              |   |                              | (263      | ) |   |   | (305 | ) |
|                                                                  |   | $                                 | 266       |   |   | $ | (218 | ) |
|                                                                  |   |                              |      |   |   |   |   |   |
| Weighted      average common shares outstanding                       |   |                              | 8,647,539 |   |   |   | 8,647,539 |   |
|      Net      income (loss) per common share |   | $                                 | 0.03      |   |   | $ | (0.03 | ) |

|                |   | March      31, 2009 |   |   | December      31, 2008 |   |
|---------------------|--------|---------------------|--------|--------|------------------------|--------|
|                |   | (Unaudited)         |   |   |                   |   |
|                |   |                |   |   |                   |   |
| Raw      materials  |   | $                   | 2,316  |   |                   | $      | 2,697 |   |
| Work-in-process     |   |                | 1,333  |   |                   |   | 841 |   |
| Finished      goods |   |                | 1,414  |   |                   |   | 1,547 |   |
|                |   | $                   | 5,063  |   |                   | $      | 5,085 |   |

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| 10.1 |   | Amendment      Number Four to Credit Agreement by and among Wells Fargo Foothill, Inc.      and Teltronics, Inc. dated March 1, 2009.                                           |
|------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.2 |   | Employment      Agreement between Teltronics, Inc. and Duncan Anderson dated April 16,      2009.                                                                               |
| 31.1 |   | Certification      by the Chief Executive Officer pursuant to Section 302 of the      Sarbanes-Oxley Act of 2002.                                                               |
| 31.2 |   | Certification      by the Chief Financial Officer pursuant to Section 302 of the      Sarbanes-Oxley Act of 2002.                                                               |
| 32   |   | Certification      of Periodic Financial Report by the Chief Executive Officer and Chief      Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of      2002. |

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|                                     | TELTRONICS,      INC. |
|------------------------------------------|-----------------------|
|                                     |                  |   |
| Dated:   May      8, 2009 | By:                   | /s/ EWEN R.      CAMERON                              Ewen R.      CameronPresident      & Chief Executive Officer |
|                                     |                  |   |
| Dated:   May      8, 2009 | By:                   | /s/ ANGELA L.      MARVIN                                Angela L.      MarvinVice      President and Chief FinancialOfficer |

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| ExhibitNumber |  Description                                                                                                                                                               |
|---------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|          |                                                                                                                                                                            |
| 10.1*         | Amendment      Number Four to Credit Agreement by and among Wells Fargo Foothill, Inc.      and Teltronics, Inc. dated March 1, 2009.                                           |
| 10.2*         | Employment      Agreement between Teltronics, Inc. and Duncan Anderson dated April 16,      2009.                                                                               |
| 31.1*         | Certification      by the Chief Executive Officer pursuant to Section 302 of the      Sarbanes-Oxley Act of 2002.                                                               |
| 31.2*         | Certification      by the Chief Financial Officer pursuant to Section 302 of the      Sarbanes-Oxley Act of 2002.                                                               |
| 32*           | Certification      of Periodic Financial Report by the Chief Executive Officer and Chief      Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of      2002. |
| _______       |                                                                                                                                                                            |
| (*)           | Filed as an      Exhibit to this Report on Form 10-Q for the period ended March 31,      2008.                                               |

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