<PAGE> 1
- ------ --------------------------
FORM 4 OMB APPROVAL
- ------ --------------------------
[ ] CHECK THIS BOX IF NO OMB Number: 3235-0287
LONGER SUBJECT TO Expires: December 31, 2001
SECTION 16. FORM 4 Estimated average burden
OR FORM 5 OBLIGATIONS hours per response.... 0.5
MAY CONTINUE. SEE --------------------------
INSTRUCTION 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
(Print or Type Responses)
- ------------------------------------------------------------------------------------------------------------------------------------
1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
ProFutures Bridge Capital Fund, L.P. Integrated Security Systems, Inc. (IZZI) to Issuer (Check all applicable)
- --------------------------------------------- ---------------------------------------------- Director X 10% Owner
(Last) (First) (Middle) 3. IRS or Social 4. Statement for ---- ---
Security Number of Month/Year Officer (give Other (Specify
5350 S. Roslyn St. #350 Reporting Person 9/97 ---- title --- below)
- --------------------------------------------- (voluntary) ------------------- below)
(Street) 5. If Amendment,
Englewood, CO 80111 Date of Original
- --------------------------------------------- -------------------- (Month/Year) --------------------------------
(City) (State) (Zip) 7. Individual or Joint/Group Filing
------------- (Check Applicable Line)
Form filed by One Reporting
--- Person
X Form filed by More than One
--- Reporting Person
- ------------------------------------------------------------------------------------------------------------------------------------
TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
- ------------------------------------------------------------------------------------------------------------------------------------
1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Instr. 8) End of Month Direct Benefi-
(Month/ (Instr. 3 and 4) (D) or cial
Day/ ------------------------------------ Indirect Owner-
Year) Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr. 4)
- ------------------------------------------------------------------------------------------------------------------------------------
Common stock 9/10/97 S 300 D $2.18
- ------------------------------------------------------------------------------------------------------------------------------------
Common stock 9/11/97 S 4,200 D $2.06
- ------------------------------------------------------------------------------------------------------------------------------------
Common stock 9/27/97 S 3,600 D $2.37
- ------------------------------------------------------------------------------------------------------------------------------------
Common stock 9/23/97 S 25,000 D $2.40
- ------------------------------------------------------------------------------------------------------------------------------------
Common stock 9/24/97 S 20,000 D $2.46 661,991 D
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
* If the form is filed by more than one reporting person, see Instruction 4(b)(v). SEC 1474 (3-99)
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTIONS OF INFORMATION
CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS
A CURRENTLY VALID OMB CONTROL NUMBER.
</TABLE>
<PAGE> 2
<TABLE>
<CAPTION>
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv-
Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative
Deriv- Day/ Disposed of (D) (Month/Day/ Secur-
ative Year) (Instr. 3, 4, Year) ity
Security and 5) (Instr. 5)
-----------------------------------
Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
<C> <C> <C>
9. Number of 10. Ownership 11. Nature of
Derivative Form of Indirect
Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
- -------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------
Explanation of Responses:
ProFutures Bridge Capital Fund, L.P.
By: ProFutures Fund Management, Inc.,
authorized agent
By: /s/ GARY D. HALBERT 1/14/00
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. ------------------------------- -------
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
Gary D. Halbert, President
See attached sheet
Note: File three copies of this Form, one of which must be manually signed. Page 2
If space is insufficient, see Instruction 6 for procedure. SEC 1474 (3-99)
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB number.
</TABLE>
<PAGE> 3
Page 3 of 4 Pages
Attachment Sheet to
Statement of Changes in Beneficial Ownership
on Form 4
Table I
-------
Item Addition
- ---- --------
1. Additional Reporting Persons:
Bridge Capital Partners, Inc.
5350 S. Roslyn St., Suite 350
Englewood, CO 80111
James H. Perry, Jr.
5350 S. Roslyn St., Suite 350
Englewood, CO 80111
ProFutures Special Equities Fund, L.P.
c/o ProFutures Fund Management, Inc.
11612 Bee Cave Road--Suite 100
Austin, Texas 78733
ProFutures Fund Management, Inc.
11612 Bee Cave Road--Suite 100
Austin, Texas 78733
Gary D. Halbert
11612 Bee Cave Road--Suite 100
Austin, Texas 78733
<PAGE> 4
Page 4 of 4 Pages
ADDITIONAL SIGNATURE PAGE TO FORM 4 AND
JOINT FILING AGREEMENT
The undersigned hereby agree that this FORM 4 is filed on behalf of each of
them.
Dated: January 14, 2000
PROFUTURES BRIDGES CAPITAL FUND, L.P.
By: ProFutures Fund Management, Inc., authorized agent
By: /s/ GARY D. HALBERT
--------------------------------
Gary D. Halbert, President
PROFUTURES SPECIAL EQUITIES FUND, L.P.
By: ProFutures Fund Management, Inc., authorized agent
By: /s/ GARY D. HALBERT
--------------------------------
Gary D. Halbert, President
PROFUTURES FUND MANAGEMENT, INC.
By: /s/ GARY D. HALBERT
--------------------------------
Gary D. Halbert, President
/s/ GARY D. HALBERT
- --------------------------------
Gary D. Halbert
BRIDGE CAPITAL PARTNERS, INC.
By: /s/ JAMES H. PERRY, JR.
-------------------------------
James H. Perry, Jr., President
/s/ JAMES H. PERRY, JR.
- --------------------------------
James H. Perry, Jr.
