U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 10-Q

(Mark One)

[ X ]    QUARTERLY REPORT PURSUANT TO SECTION 13 or  15(d)  OF THE SECURITIES
         EXCHANGE ACT OF 1934.

For the quarterly period ended: September 30, 1999

                                       OR

[ _ ]    TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d)  OF THE SECURITIES
         EXCHANGE ACT OF 1934.

For the transition period from ____________________  to ____________________


                         Commission file number 0-24242

                         PRODUCTIVITY TECHNOLOGIES CORP.
        (Exact name of small business issuer as specified in its charter)

<TABLE>
<S>                                                                   <C>
                         Delaware                                                 13-3764753
(State or Other Jurisdiction of Incorporation or Organization)        (I.R.S. Employer Identification No.)

          509 Madison Avenue, New York, New York                                     10022
              (Address of Principal Offices)                                       (Zip Code)
</TABLE>

Registrant's Telephone Number, Including Area Code (212) 843-1480

                                 Not Applicable
Former Name, Former Address and Former Fiscal Year, if Changed Since Last Report


                                        1

<PAGE>


     Indicate by check [root] whether the registrant:  (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days.

     Yes __X__     No _____


                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                  PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

     Indicate by check mark whether the  registrant  has filed all documents and
reports  required  to be  filed by  Section  12,  13 or 15(d) of the  Securities
Exchange Act of 1934 subsequent to the  distribution of securities  under a plan
confirmed by a court.  Yes _____  No _____


                      APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock, as of November 12, 1999: 2,475,000 shares, $ .001 par value common
stock.


                                        2

<PAGE>


                                TABLE OF CONTENTS

                                                                            Page

Part I.  Financial Information for Productivity Technologies Corp. ...........4
         ("PTC" or "Company") and Subsidiary Atlas Technologies, Inc.
         ("Atlas")

Item 1.  Interim Financial Statements.........................................4

         Consolidated Balance Sheets..........................................4

         Consolidated Statements of Operations................................6

         Consolidated Statement of Stockholders' Equity.......................7

         Consolidated Statements of Cash Flow.................................8

         Notes to Financial Statements........................................9

Item 2.  Management's Discussion and Analysis of Financial
         Condition and Results of Operations.................................10

Item 3.  Quantitative and Qualitative Disclosure about Market Risk...........12

Part II. Other Information...................................................12

Item 1.  Legal Proceedings...................................................12

Item 6.  Exhibits and Reports on Form 8-K....................................12

Signatures...................................................................13


                                        3

<PAGE>


                          PART I. FINANCIAL INFORMATION

ITEM 1. INTERIM FINANCIAL STATEMENTS

Productivity Technologies Corp. and Subsidiary
Consolidated Balance Sheets ( Unaudited)

<TABLE>
<CAPTION>
                                                                September 30,       June 30,
                                                                     1999             1999
                                                                 -----------      -----------
<S>                                                              <C>              <C>
Assets

Current assets
  Cash                                                           $    55,948      $   244,400
  Short-term investments, including accrued interest                 597,323          392,059
  Contracts receivable, net of allowance for doubtful
    accounts of $110,000                                          11,195,285        7,310,072
  Costs and estimated earnings in excess of billings on
    uncompleted contracts                                          5,819,604        9,714,477
  Inventories                                                        848,626          641,615
  Prepaid expenses and other                                          86,621          414,366
  Deferred income taxes                                              463,197          431,000
                                                                 -----------      -----------
Total current assets                                              19,066,604       19,147,989
                                                                 -----------      -----------
Property and equipment
  Land                                                           $   591,514      $   591,514
  Buildings and improvements                                       4,854,798        4,854,799
  Machinery and equipment                                          3,848,921        3,848,921
  Transportation equipment                                            31,500           31,500
                                                                 -----------      -----------
    Total fixed assets                                             9,326,733        9,326,734
    Less accumulated depreciation                                  1,633,862        1,483,000
                                                                 -----------      -----------
Net property and equipment                                         7,692,871        7,843,734
                                                                 -----------      -----------
Other assets
  Goodwill, net of accumulated amortization of $366,261 and
  $340,521                                                         2,458,464        2,484,204
  Other assets                                                       622,034          632,053
                                                                 -----------      -----------
Total other assets                                                 3,080,498        3,116,257
                                                                 -----------      -----------
Total assets                                                     $29,839,973      $30,107,980
                                                                 ===========      ===========
</TABLE>

See accompanying notes to financial statements.


                                        4

<PAGE>


Productivity Technologies Corp. and Subsidiary
Consolidated Balance Sheets (Unaudited) - Cont.

<TABLE>
<CAPTION>
                                                          September 30,         June 30,
                                                              1999               1999
                                                          ------------       ------------
<S>                                                       <C>                <C>
Liabilities and stockholders' equity

Current liabilities
  Accounts payable                                        $    977,872       $  1,879,817
  Accrued expenses
    Commissions payable                                        700,727            795,959
    Payroll and related withholdings                           130,542            239,536
    Other                                                      790,748          1,291,567
  Billings in excess of costs and estimated
    earnings on uncompleted contracts                          188,624            348,049
  Current maturities of executive deferred
    compensation agreements                                    347,925            326,706
  Current maturities of long term debt                         448,353            448,353
                                                          ------------       ------------
Total current liabilities                                 $  3,584,791       $  5,329,987

Executive deferred compensation agreements, less
  current maturities                                           760,427          1,109,677
Long-term debt less current maturities                      16,027,135         13,951,043
                                                          ------------       ------------
Total liabilities                                           20,372,353         20,390,707
                                                          ------------       ------------
Stockholders' equity
  Preferred Stock, $.001 par value, 1,000,000 shares
  authorized; none outstanding

  Common Stock, .$001 par value, 20,000,000
  shares authorized; 2,475,000 shares issued and
  outstanding                                                    2,475              2,475

  Additional paid-in capital                                 9,966,408          9,966,408

  Deficit                                                     (501,263)          (251,610)
                                                          ------------       ------------

Total stockholders' equity                                   9,467,620          9,717,273
                                                          ------------       ------------
Total liabilities and stockholders' equity                $ 29,839,973       $ 30,107,980
                                                          ============       ============
</TABLE>

See accompany notes to financial statements.


                                        5

<PAGE>


Productivity Technologies Corp. and Subsidiary

Consolidated Statements of Operations ( Unaudited)

                                                       First Quarter Ended
                                                 -------------------------------
                                                 September 30,     September 30,
                                                      1999             1998
                                                 -------------     -------------
Revenues:
  Contract revenues earned                        $ 6,529,112      $ 8,150,682
Cost of revenues earned                             5,231,260        5,672,750
                                                  -----------      -----------
Gross profit                                        1,297,852        2,477,932
Selling, general and administrative expenses        1,459,571        2,032,424
                                                  -----------      -----------
Income (loss) from operations                        (161,719)         445,508
                                                  -----------      -----------
Other income ( expense)
  Interest income                                      20,682           11,804
  Interest expense                                   (261,346)        (200,272)
  Miscellaneous                                        24,730            2,788
                                                  -----------      -----------
Total other expense                                  (215,934)        (185,680)
                                                  -----------      -----------
Income (loss) before income taxes                    (377,653)         259,828
Income tax expense (benefit)                         (128,000)          85,000
                                                  -----------      -----------
Net income (loss)                                 ($  249,653)     $   174,828
                                                  ===========      ===========
Basic and diluted earnings per share              ($     0.10)     $      0.07
                                                  ===========      ===========
Weighted average number of
  Common shares outstanding                         2,475,000        2,425,000

See accompanying notes to financial statements.


                                        6

<PAGE>


Productivity Technologies Corp. and Subsidiary
Consolidated Statement of Stockholders' Equity (Unaudited)

<TABLE>
<CAPTION>
                                     Common Stock       Additional                    Total
                                --------------------     Paid-In                   Stockholders'
                                  Shares      Amount     Capital       Deficit        Equity

<S>                             <C>           <C>       <C>           <C>           <C>
Balance July 1, 1999            2,475,000     $2,475    $9,966,408    ($251,610)    $9,717,273
Net loss                                                              ($249,653)    ($ 249,653)
                                ---------     ------    ----------    ---------     ----------
Balance as of
September 30, 1999              2,475,000     $2,475    $9,966,408    ($501,263)    $9,467,620
                                =========     ======    ==========    =========     ==========
</TABLE>

See accompanying notes to financial statements.


                                        7

<PAGE>


Productivity Technologies Corp. and Subsidiary
Consolidated Statement of Cash Flows  (Unaudited)

<TABLE>
<CAPTION>
                                                                   First Quarter Ended
                                                             -------------------------------
                                                             September 30,     September 30,
                                                                  1999              1998
                                                             -------------     -------------
<S>                                                           <C>               <C>
Cash flows from operating activities
  Net income (loss)                                           ($  249,653)      $   174,828
  Adjustments to reconcile net income (loss) to
  net cash used in operating activities
    Depreciation                                                  150,863           121,746
    Amortization                                                   25,740           (22,772)
    Deferred income tax                                           (32,197)         (410,239)
  Changes in operating assets and liabilities:
    Contract receivables                                       (3,885,213)       (2,168,349)
    Inventories, prepaid expenses and other                       130,753           582,944
    Costs and estimated earnings in excess of
      billings on uncompleted contracts                         3,735,448           846,107
    Accounts payable, accrued expenses and other               (1,606,990)         (510,896)
                                                              -----------       -----------
Net cash used in operating activities                         ($1,731,249)      ($1,386,631)
                                                              -----------       -----------
Cash flows from investing activities
  Collection of notes receivable                              $       -0-       $    86,415
  Purchase of short-term investments - net                       (205,264)         (662,515)
  Expenditures for property and equipment                             -0-           (34,472)

Net cash used in investing activities                         ($  205,264)      ($  610,572)
                                                              -----------       -----------
Cash flows from financing activities
  Net borrowings (payments) - revolving credit agreement        2,093,000                --
  Payments on executive deferred compensation agreements         (328,031)               --
  Payments on long-term debt                                      (16,908)         (119,500)
                                                              -----------       -----------

Net cash provided by (used in) financing activities           $ 1,748,061       ($  119,500)
                                                              -----------       -----------
Net decrease in cash                                          ($  188,452)      ($2,116,703)
Cash at the beginning of the period                               244,400         2,172,457
                                                              -----------       -----------
Cash at the end of the period                                      55,948            55,754
                                                              ===========       ===========

  Cash paid during the period for interest                    $   261,346       $   200,272
                                                              ===========       ===========
</TABLE>

See accompanying notes to financial statements.


                                        8

<PAGE>


Notes to Financial Statements (Unaudited)

1.   Basis of Presentation

The  consolidated  financial  statements  have been prepared in accordance  with
generally accepted accounting  principles for interim financial  information and
in accordance  with  instruction to Form 10-Q and Article 10 of Regulation  S-X.
Certain  information  and footnote  disclosures  normally  included in financial
statements prepared in accordance with generally accepted accounting  principles
have been  omitted  from the  accompanying  interim  financial  statements.  The
information  furnished  in  the  accompanying  balance  sheets,   statements  of
operations,  stockholders'  equity and cash flows, reflect all adjustments which
are, in the opinion of  management,  necessary  for a fair  presentation  of the
aforementioned  financial statements for the interim periods.  Operation results
for the three months ended September 30, 1999, are not necessarily indicative of
the results that may be expected for the year ending June 30, 2000.

The  consolidated  financial  statements  should  be  read in  conjunction  with
Productivity  Technologies  Corp. and Subsidiary's Form 10-K for the fiscal year
ended June 30, 1999.  Information  provided  includes the  consolidated  audited
financial  statements,  including footnotes for the year ended June 30, 1999 and
Management's  Discussion  and  Analysis of  Financial  Condition  and Results of
Operations.

2.   Summary of Significant Accounting Policies

History of the Company and Basis of Presentation

The  Company was  incorporated  in June 1993 under the name  Production  Systems
Acquisition  Corporation  with the objective of acquiring an operating  business
engaged in the production  systems  industry.  The Company  originally  selected
March 31 as its  fiscal  year-end.  The  Company  completed  an  initial  public
offering  ("Offering")  of common  stock in July 1994 and raised net proceeds of
approximately  $9.0  million.  In May  1995,  the  Company  changed  its name to
Productivity Technologies Corp. ("PTC" or the "Company"),  and acquired, through
a merger, Atlas Technologies, Inc. ("Atlas") as a wholly owned subsidiary.

The accompanying  financial statements include the consolidated  accounts of PTC
and Atlas. All significant  inter- company  accounts and transactions  have been
eliminated upon consolidation.

Nature of Business

Atlas, PTC's sole operating  subsidiary,  is a leading innovator and supplier of
quick die change, flexible transfer, and  stacking/destacking  equipment used to
automate  automotive  and other metal  stamping  operations.  Atlas operates two
manufacturing  plants in Fenton,  Michigan and has sales and engineering offices
in Michigan, Europe and China.

Sales of products have  principally  been to  automobile  and  automotive  parts
manufacturers and appliance manufacturers. Other customers include steel service
centers  and  manufacturers  of garden  and lawn  equipment,  office  furniture,
heating,  ventilation  and air  conditioning  equipment  and large  construction
equipment.  Sales to automotive  related  customers  account for the majority of
sales.

Revenue and Cost Recognition

Contract  revenues from fixed price  contracts,  and the related contract costs,
are   recognized   using   the    percentage-of-    completion    method.    The
percentage-of-completion  method  measures  the  percentage  of  contract  costs
incurred to date and compares these costs to the total  estimated costs for each
contract. The Company estimates the status of individual contracts when progress
reaches a point where  experience is  sufficient to estimate  final results with
reasonable accuracy.  Contract costs include all direct material and labor costs
and those  indirect  costs  related to  contract  performance,  such as indirect
labor, supplies, repairs and depreciation costs. Provisions for estimated losses
on  uncompleted  contracts  are made in the  period  in which  such  losses  are
determined. Changes in job performance, job


                                        9

<PAGE>


condition, estimated profitability,  and final contract settlement may result in
revisions to costs and income,  and are  recognized  in the period the revisions
are determined.

Revenues from  time-and-material  contracts are recognized currently as the work
is performed.

Earnings Per Share

Earnings  per share for the first  quarter  ended  September  30,  1999 has been
computed based on the weighted  average  number of 2,475,000  common and diluted
common equivalent shares  outstanding.  Earnings per share for the first quarter
ended September 30, 1998 has been computed based on the weighted  average number
of 2,425,000 common and diluted common equivalent shares outstanding.

ITEM 2.   MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF  FINANCIAL  CONDITION  AND
          RESULTS OF OPERATIONS

Results of Operations

Unaudited revenues for the quarter ended September 30, 1999 were $6,529,112,  as
compared to  $8,150,682  for the quarter  ended  September  30,  1998.  This 20%
decline in  revenues  was  primarily  due to lower  customer  demand  during the
quarter  ended  September  30, 1999 and  unanticipated  cost overruns on certain
projects, which lowered revenue recognition in accordance with the percentage of
completion  accounting  method.  The order  backlog as of September 30, 1999 was
$13.5  million,  down 16% from the June 30, 1999 backlog of $16.0  million.  The
decline in backlog was mainly due to slower  closings of new orders  which Atlas
management  believes  was due in part to recent labor  negotiations  between the
United Automobile Workers (UAW) union and the major U.S. automakers.  The volume
of new business quotes, both domestic and foreign, remains active.

Cost of revenues earned for the quarter ended September 30, 1999 was $5,231,260,
down 8% from  $5,672,750  for the quarter  ended  September  30,  1998.  Cost of
revenues earned as a percent of revenues increased to 80% of revenues during the
quarter compared to 70% of revenues during the quarter ended September 30, 1998.
This increase in cost of revenues  earned as a percentage of revenues  earned is
primarily due to the cost overuns  noted in the  paragraph  above and lower than
usual sales  volumes  which were not  sufficient  to absorb fixed  manufacturing
overhead.

Gross  profit  for  the  quarter  ended   September  30,  1999  was  $1,297,852,
representing  a 48%  decrease  compared to the  $2,477,932  gross profit for the
quarter ended September 30, 1998.  Gross profit  decreased due the factors cited
above  regarding  the  increase  in costs of  revenues  earned as a  percent  of
revenues.  The Company's gross profit margin decreased 34% relative to the gross
profit margin one year ago.

Consolidated   selling,   general  and   administrative   (SG&A)  expenses  were
$1,459,571, down 28% from the quarter ended September 30, 1998 of $2,032,424. In
early calendar year 1999, and continuing through the summer of 1999, the Company
and Atlas reduced fixed costs and lowered the sales level which Atlas would have
to  achieve  in order for the  Company  to be  profitable.  The  decline in SG&A
expenses for the quarter ended September 30, 1999 as compared to the quarter one
year ago is due in part to these cost reductions.

The net loss from  operations  (net income  (loss)  before  interest  and income
taxes) for the quarter ended September 30, 1999 was $161,719, compared to income
from  operations  reported  in the  quarter  ended a year ago of  $445,508.  The
decrease  resulted  from slower  than  expected  sales and the cost  overruns on
certain work in process described above.

Interest  expense for the quarter ended September 30, 1999 was $261,346,  up 30%
from $200,272 for the quarter ended September 30, 1998. Higher interest costs in
the quarter ended September 30, 1999 were due to a higher  proportion,  relative
to the quarter one year ago, of large projects in the plant which  contained few
or no progress payment provisions.  As a result, Atlas was required to carry the
cost of material and labor inputs on these works in


                                       10

<PAGE>


process.  On such  projects,  Atlas usually does not collect  customer  payments
until immediately prior to product shipment.

The net loss for the quarter ended September 30, 1999 was $249,653,  compared to
net income of $174,828 for the quarter ended  September  30, 1998.  The net loss
for the quarter was the result of the factors  discussed above. The net loss per
share was $0.10 for the first quarter in fiscal 2000 compared to a net profit of
$0.07 for the first  quarter  in fiscal  1999.  There  were  2,475,000  weighted
average  common  shares  outstanding  during the first  quarter in fiscal  2000,
compared to 2,425,000  weighted  average common shares  outstanding in the first
quarter 1999.

Liquidity and Capital Resources

Atlas  believes it has  sufficient  capital to meet short and long term  funding
needs.  Management expects financing  facilities  currently in place, along with
anticipated  cash  available  from  operations,  will be sufficient  for general
operations and any required current year asset purchases.

At  September  30,  1999,  Atlas had (a) debt of  $12,279,140  under the line of
credit, and $4,100,000 under the Industrial Revenue Bond, payable over 15 years,
(b) deferred executive  compensation  obligations of $1,108,352  scheduled to be
paid over four equal annual installments commencing July 1999 through July 2002,
and (c) other debt of  $96,348.  This  total of  $17,583,840  compares  to total
combined  long-term  debt  financing  and line of  credit  current  balances  of
$15,835,779 as of June 30, 1999.

The  Company  believes  that,  as a result of the  current  loan  facility,  its
short-term credit  availability is adequate to support its business operation at
current and near-term anticipated sales levels.

Working  capital at September 30, 1999 was $15,481,813 and the current ratio was
5.3 to 1, compared to $13,818,002 and a current ratio of 3.6 to 1, respectively,
for the Company at June 30, 1999.

Year 2000 Compliance

The Company is installing  an enterprise  resource  planning  ("ERP")  system at
Atlas, which includes computer systems for its internal accounting and reporting
activities and its  manufacturing  operations and processes which are "Year 2000
compliant"  (which  means  that such  computer  systems  and  other  information
technology will accurately process date/time data regardless of whether the date
is in the twentieth or twenty-first  century).  The acquisition and installation
of  the  system  are  expected  to  cost   approximately   $340,000,   of  which
approximately  $305,000 was expended  through  September  30, 1999.  Because the
system is being implemented as an overall upgrade to Atlas's  operations and not
specifically  to  address  Year 2000  compliance  concerns,  management  has not
estimated  the  portion  of  the  cost  which  may be  allocable  to  Year  2000
compliance.  Atlas  management  has not  assessed  whether or not the failure of
Atlas's internal  information  technology to be Year 2000 compliant would have a
material  adverse  effect upon the Company's  financial  position,  liquidity or
results of operations  since it believes that  installation and operation of the
new system will be accomplished in advance of December 31, 1999.

The Company is also assessing its major vendors, customers, utilities, banks and
others with whom it does  business to determine if their failure to be Year 2000
compliant would have a material adverse effect upon the Company or its financial
position,  liquidity or results of operations.  To date, nothing has come to the
attention of management  that leads it to conclude  that the  likelihood of such
adverse effect reasonably  exists.  The Company's and Atlas' operations  utilize
relatively little electronic data interchange with vendors,  customers and other
third  parties.  However,  to the extent that such third  parties,  particularly
utilities and banks,  may not be Year 2000 compliant,  the Company and Atlas may
be  adversely  affected,  although  the  magnitude  of  such  effect  cannot  be
estimated.  The  cost  to the  Company  of  making  its  third-party  Year  2000
compliance assessment is not expected to be material.

Certain Atlas products contain  processors  which address and utilize  date/time
data.  Management  believes that such processors  incorporated in equipment sold
within the past five years are virtually all Year 2000 compliant. However,


                                       11

<PAGE>


it is not  able  to  determine  the  compliance  status  of  processors  used in
equipment  sold in earlier  periods  with any  reasonable  degree of  certainty.
Although  such  equipment is beyond the warranty  periods  applicable  to Atlas'
products, it is possible that customers who purchased equipment from Atlas which
is not Year 2000  compliant  may  nevertheless  assert  claims  against Atlas to
correct the compliance  deficiencies or for resulting damages.  While management
believes that Atlas would not be legally  responsible to such persons,  based on
the terms of its purchase orders and warranties,  there can be no assurance that
this position would prevail if challenged.  Management is unable to estimate the
potential  cost  that  the  Company  might  incur  if such  claims  are made and
successfully sustained or whether or not such cost would have a material adverse
effect upon its financial position, liquidity or results of operations.

Forward-Looking Statements

Various  statements  in this Report  concerning  the manner in which the Company
intends to conduct its future  operations  and potential  trends that may affect
future results of operations are forward-looking  statements. The Company may be
unable to realize its plans and  objectives  due to various  important  factors.
These  factors  include but are not limited to the  potential  softening  of the
domestic and foreign markets for  automobiles and automotive  parts resulting in
reduced demand for the Company's automation equipment;  potential  technological
developments  in the metal  forming and handling  automation  equipment  markets
which render the Company's automation equipment  noncompetitive or obsolete; the
Company's  failure to prevail in its patent suit against Orchid;  the failure of
the Company's  older  automation  equipment to be Year 2000  compliant;  and the
tightening  of  credit  availability  generally  or under the  Company's  credit
facility which renders the Company unable to access needed working capital.

ITEM 3.   QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

The  information  required  by  Item 3 has  been  disclosed  in  Item  7A of the
Company's Annual Report on Form 10-K for the year ended June 30, 1999. There has
been no material change in the disclosure regarding market risk.

                           PART II. OTHER INFORMATION

ITEM 1.   LEGAL PROCEEDINGS

Since the date of the filing of the Company's Annual Report on Form 10-K for the
year ended June 30,  1999,  there have been no  material  new legal  proceedings
involving the Company or any material developments to such proceedings.

ITEM 5.   OTHER INFORMATION

On October 29, 1999, the Board voted unanimously to relocate its headquarters to
Michigan and reduce the number of directors  from eight to five.  The  following
three directors  offered their  resignations to be effective  December 31, 1999:
Ray J.  Friant,  Jr.,  Joseph K.  Linman  and John S.  Strance.  The  continuing
directors will be Michael Austin,  Alan Foster,  Alan Goldman,  Jesse Levine and
Samuel Seidman.  Mr. Seidman will become Chairman,  in addition to continuing as
President and Chief Executive Officer of the Company effective January 1, 2000.

ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K

          A.   Exhibits

               27.  Financial Data Schedule

          B.   Reports on Form 8-K -- None


                                       12

<PAGE>


                                   SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.


                                        PRODUCTIVITY TECHNOLOGIES CORP.


Date: November 12, 1999                 By:  /s/ Samuel N. Seidman
                                        ---------------------------------------
                                        Samuel N. Seidman, President



Date: November 12, 1999                 By:  /s/  Jesse Levine
                                        ---------------------------------------
                                        Jesse Levine, Chief Financial Officer


                                       13