UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of
1934 (Amendment No. ________ )*
EP MedSystems, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
26881-P-103
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(CUSIP Number)
Check the following box if a fee is being paid
with this statement X. (A fee is not required
only if the filing person: (1) has a previous
statement on file reporting beneficial ownership
of more than five percent of the class of securities
described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of
five percent or less of such class.) (See Rule 13d-7).
* The remainder of this cover page shall be filled
out for a reporting person's initial filing on this
form with respect to the subject class of securities,
and for any subsequent amendment containing information
which would alter the disclosures provided in a prior
cover page.
The information required in the remainder of this
cover page shall not be deemed to be "filed" for the
purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the
liabilities of that section of the Act but shall be
subject to all other provisions of the Act (however,
see the Notes).
CUSIP No. 26881-P-103 13G Page 2 of 4 Pages
1 NAME OF REPORTING PERSON Anthony J. Varrichio
S.S. OR I.R.S. ID NO. OF ABOVE PERSON
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A (a)
GROUP (b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION United States
Citizen
NUMBER OF 5 SOLE VOTING POWER SHARES -0- shares
BENEFICIALLY 6 SHARED VOTING POWER 521,000 shares
OWNED BY 7 SOLE DISPOSITIVE POWER -0- shares
EACH
REPORTING 8 SHARED DISPOSITIVE POWER 521,000 shares
PERSON
WITH
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 521,000 shares
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(9) EXCLUDES CERTAIN SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN 6.8%
ROW 9
12 TYPE OF REPORTING PERSON IN
CUSIP No. 26881-P-103 13G Page 3 of 4 Pages
GENERAL INSTRUCTIONS
A. Statements containing the information required by
this schedule shall be filed not later than February 14
following the calendar year covered by the statement or
within the time specified in Rule 13d-1(b)(2), if
applicable.
B. Information contained in a form which is required to
be filed by rules under section 13(f) (15 U.S.C.
78m(f)) for the same calendar year as that covered by
a statement on this schedule may be incorporated by
reference in response to any of the items of this
schedule. If such information is incorporated by
reference in this schedule, copies of the relevant pages
of such form shall be filed as an exhibit to this
schedule.
C. The item numbers and captions of the items shall
be included but the text of the items is to be omitted.
The answers to the items shall be so prepared as to
indicate clearly the coverage of the items without
referring to the text of the items. Answer every
item. If an item is inapplicable or the answer is in
the negative, so state.
ITEM 1.
(a) Name of Issuer EP MedSystems,
Inc.
(b) Address of Issuer's Principal Executive Offices
58 Route 46 West,
Budd Lake, NJ
07828
ITEM 2.
(a) Name of Person Filing Anthony J.Varrichio
(b) Address of Principal Business Office
58 Route 46 West,
Budd Lake, NJ 07828
(c) Citizenship United States Citizen
(d) Title of Class of Securities Common Stock
(e) CUSIP Number 26881-P-103
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B),
OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
Not Applicable
ITEM 4. OWNERSHIP
If the percent of the class owned, as of December 31 of
the year covered by the statement, or as of the last day
of any month described in Rule 13d-1(b)(2), if
applicable, exceeds five percent, provide the following
information as of that date and identify those shares
which there is a right to acquire.
(a) Amount Beneficially Owned 521,000 shares
(b) Percent of Class 6.8%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
-0- shares
(ii) shares power to vote or to direct the vote
521,000 shares
(iii) sole power to dispose or to direct the disposition of
-0- shares
(iv) shared power to dispose or to direct the disposition of
521,000 shares
Instruction: For computations regarding securities which
represent a right to acquire an underlying security see
Rule 13d-3(d)(1).
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that
as of the date hereof the reporting person has ceased to
be the beneficial owner of more than five percent of the
class of securities, check the following .
Not applicable
Instruction: Dissolution of a group requires a response to
this item.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON
Not applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY
WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE
PARENT HOLDING COMPANY
Not applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
GROUP
Not applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable
ITEM 10. CERTIFICATION
The following certification shall be included if the
statement if filed pursuant to Rule 13d-1(b):
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above
were acquired in the ordinary course of business and were
not acquired for the purpose of and do not have the effect
of changing or influencing the control of the issuer of
such securities and were not acquired in connection with
or as a participant in any transaction having such
purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in
this statement is true, complete and correct.
February 13, 1997
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Date
/s/ Anthony J. Varrichio
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Signature
Anthony J. Varrichio
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Name
