WASHINGTON, DC 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):
April 24, 1998
CAMBEX CORPORATION
(Name of Registrant)
Massachusetts 0-6933 04-2442959
(State or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification
incorporation) Number)
360 Second Avenue
Waltham, MA 02154
(Address of principal executive offices)
(781) 890-6000
(Registrant's telephone number, including area code)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) On April 24, 1998, the registrant engaged Belanger & Company,P.C.
as its accountant to replace Arthur Andersen LLP.
(b) Arthur Andersen LLP were the independent auditors for the Company
since 1970. There have been no disagreements with Arthur
Andersen LLP on any matter of accounting principles
or practices, financial disclosure, auditing scope or
procedure or any reportable events during any of the years for
which Arthur Andersen LLP served as independent auditors for
the Company or the subsequent interim period.
(c) For the year ended December 31, 1996, Arthur Andersen LLP rendered
a qualified report as to the financial statements of the Company,
such qualification being subject to the ability of the Company
to continue as a going concern. The Company did not disagree
with the qualification.
(d) The Company has requested Arthur Andersen LLP to furnish it with
a letter addressed to the Securities and Exchange Commission
stating whether they agreed with the statements made by the
Company herein. A copy of Arthur Andersen's letter to the
Securities and Exchange Commission, dated April 29, 1998
is filed as an exhibit to the Form 8-K.
SIGNATURES
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.
Cambex Corporation
By: /s/ Sheldon M. Schenkler
Vice President of Finance and
Chief Financial Officer
Date: May 4, 1998
Arthur Andersen LLP
225 Franklin Street
Boston, MA 02110-2812
April 29, 1998
Office of the Chief Accountants
SECPS Letter File
Securities and Exchange Commission
Mail Stop 9-5
450 Fifth Street, N.W.
Washington, DC 20549
Dear Sirs:
We have read Items (a) through (d) included in the attached Form 8-K
of Cambex Corporation to be filed with the Securities and Exchange
Commission and are in agreement with the statements contained herein.
Very truly yours,
Arthur Andersen LLP
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