8-K

                                  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): December 12, 2003



                                O. I. CORPORATION
             (Exact name of registrant as specified in its charter)


          Oklahoma                       0-6511                73-0728053
- ----------------------------    ------------------------  ----------------------
(State or other jurisdiction    (Commission File Number)      (IRS Employer
       of incorporation)                                  Identification Number)


            151 Graham Road
             P.O. Box 9010
        College Station, Texas                                  77842-9010
- ---------------------------------------                         ----------
(Address of principal executive office)                         (Zip Code)

                                 (979) 690-1711
              ----------------------------------------------------
              (Registrant's telephone number, including area code)






ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.

        (c)  Exhibits.

     99.1 OI Corporation Press Release dated December 12, 2003 announcing
strategic alliance with Intelligent Ion, Inc.

ITEM 9. REGULATION FD DISCLOSURE.

     On December 12, 2003, OI Corporation issued a press release regarding its
entering into a strategic alliance with Intelligent Ion, Inc. A copy of the
press release is set forth as Exhibit 99.1 hereto. This exhibit is not filed but
is furnished pursuant to Regulation FD.



                                   SIGNATURE


     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.


                                            O. I. CORPORATION


Date: December 12, 2003                     By:  /s/ William W. Botts
                                               --------------------------------
                                                 Name:  William W. Botts
                                                 Title: President/CEO



                                  EXHIBIT INDEX



   EXHIBIT NUMBER       DESCRIPTION
                     
       99.1             OI Corporation Press Release dated December 12, 2003
                        announcing strategic alliance with Intelligent Ion, Inc.

EX-99.1

                                                                    EXHIBIT 99.1



NEWS RELEASE

                   O.I. CORPORATION ENTERS STRATEGIC ALLIANCE
                            WITH INTELLIGENT ION, INC


College Station, Texas, December 12, 2003 - O.I. Corporation (NASDAQ Symbol:
OICO) today announced that it entered into a strategic alliance with Intelligent
Ion, Inc. ("III"). The alliance includes a commercial agreement between the
parties and OI's investment of $1,000,000 in a Series A Preferred share offering
by III. Upon conversion, OI's investment will represent, on a fully diluted
basis, approximately 10% ownership in III common shares.

In connection with the Investment, OI has the right to appoint two directors to
serve on III's Board of Directors. OI has named William W. Botts, currently
president of O.I. Corporation, and Dr. Richard W. K. Chapman to serve on III's
Board. In addition to serving as a director on OI's Board, Dr. Chapman is
partner of GlenRose Capital and was formerly CEO of ThermoQuest Corporation.

Under the commercial agreement, OI will provide up to $1,350,000 for certain
product developments by III and obtain access to intellectual property
controlled by III. Upon successful completion of the product developments, III
will manufacture and sell products to OI for use in a new product currently
under development by OI. OI is entitled to recover this development funding
through a product purchase or license fee credits from III.

Based in Seattle, Washington, III is an early-stage company (founded in January
2000), which has developed and plans to bring to market a line of miniaturized
mass spectrometers. III has assembled a portfolio of technology through
licensing and in-house development, which it believes will improve the speed and
usability of biological and chemical information. III reports that it plans to
launch its mass spectrometer and gas chromatographic-mass spectrometer
instruments in 2nd Q 2004.

Regarding this investment, Will Botts, president of OI, said,

         "We are excited about this alliance with III. We believe it will allow
us to obtain technology required to develop leading edge products for use in
homeland defense and security and other markets. We are impressed with III's
range of intellectual property and their skill in packaging and miniaturization;
both of which are important in our new product vision.

         The investment and commercial agreements are consistent with our
strategy to significantly increase investment in new product development. We
recognize this investment might represent higher risk than an internal
development, but we believe the risk is appropriate, considering it provides
access to additional intellectual property and development skills that we do not
possess, and that should shorten our time to market."



O.I. Corporation provides innovative products for chemical analysis. The
Company's products perform sample preparation, detection, analysis, measurement,
and monitoring applications in food, beverage, pharmaceutical, semiconductor,
power generation, chemical, petrochemical, and defense industries. Headquartered
in College Station, Texas, the Company's products are sold worldwide by a direct
sales force, independent sales representatives, and distributors.


CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS

Certain statements and assumptions in this press release contain or are based on
"forward-looking" information (that OI believes to be within the definition in
the Private Securities Litigation Reform Act of 1995) and involve risks and
uncertainties. Words such as "may", "will", "intends", "should", "expects",
"plans", "projects", "anticipates", "believes", "estimates", "predicts",
"potential", "continue", or "opportunity" or the negative of these terms or
words of similar import are intended to identify forward-looking statements.
Such forward-looking statements include, but are not limited to, the expectation
that III will successfully develop products that can be used by OI. Such
statements are subject to numerous assumptions and uncertainties, many of which
are outside OI's control. These include, but are not limited to, the ability of
III to execute its current business plan, including the development of certain
products for OI, and to operate with limited funds; and OI's ability to
successfully integrate products developed by III into its own existing or newly
developed products. These forward-looking statements are subject to known and
unknown risks and uncertainties that could cause actual results to differ
materially from those anticipated. Actual outcomes are dependent on various
factors. Risk factors related to OI's business are more fully discussed in OI's
filings with the Securities and Exchange Commission.

The forward-looking statements included in this press release are only made as
of the date of this press release and we undertake no obligation to publicly
update any of the forward-looking statements made herein, whether as a result of
new information, subsequent events or circumstances, changes in expectations or
otherwise.

Investor Relations
Jane A. Smith/V.P.-Corp. Sec.
PH: (979) 690-1711
Web Site: www.oico.com