Page numbered in accordance with Rule 0-3(b). Page 1 of 3.
There are No Exhibits.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Act of 1934
Date of Report (Date of earliest event reported) March 10, 1998
AW Computer Systems, Inc.
(Exact name of registrant as specified in its charter)
Commission File Number 0-10329
New Jersey 22-1991981
(State or other jurisdiction of (IRS Employer Identification No.)
incorporation or organization)
9000A Commerce Parkway, Mount Laurel, New Jersey 08054
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (609) 234-3939
N/A
(Former name or former address, if changed since last report.)
<PAGE>
Page numbered in accordance with Rule 0-3(b). Page 2 of 3.
Item 5. Other Events
AW Computer Systems, Inc. announced today that the Company is
discontinuing operations effective immediately.
As stated in the November 14, 1998 Press Release, "AW Computer
Systems, Inc. does not expect that its existing capital
resources will be sufficient to maintain its current
operations past November 1997 without an additional infusion
of capital." It was subsequently announced on December 2, 1998
in a press release that, the Company raised approximately
$300,000 and that "This financing provides the needed capital
to support operations into early 1998 while additional equity
funding is being pursued."
The Company's efforts to obtain long-term financing have not
been successful nor has the Company been able to increase
sales of its products. The Company does not have the resources
to continue operations. Accordingly, it has been determined to
cease operations.
<PAGE>
Page numbered in accordance with Rule 0-3(b). Page 3 of 3.
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.
AW COMPUTER SYSTEMS, INC.
(REGISTRANT)
Date: March 10, 1998 \s\Charles Welch
Charles Welch
CEO/President
