In summary, the Reed Switch can be used in a Form B (normally closed) state as a normally closed reed relay and/or a normally closed reed sensor by the addition of an internally placed permanent magnet. In a like manner, the reed switch can be used in its latching state as a latching reed relay and/or a latching reed sensor also by the addition of an internally placed permanent magnet. These states can be very beneficial to the customer by dramatically decreasing the amount of power consumption.