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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: March 6, 1997
INNOVATIVE TECH SYSTEMS, INC.
(Exact Name of Registrant as Specified in its Charter)
Illinois 33-17856-C 65-0071222
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(State or other jurisdiction of (Commission File No.) (I.R.S. Employer
incorporation or organization) Identification No.)
444 JACKSONVILLE ROAD, SUITE 200, WARMINSTER, PA 18974
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(Address of Principal Executive Offices)
Registrant's Telephone Number, Including Area Code: (215) 441-5600
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On March 3, 1997, the Registrant engaged Price Waterhouse LLP as its new
independent accountants. During the Registrants two most recent fiscal years
and through March 3, 1997, the Registrant has not consulted with Price
Waterhouse LLP on items which (1) were or should have been subject to SAS 50 or
(2) concerned the subject matter of a disagreement or reportable event with the
former auditor (as described in Regulation S-K Item 304 (a)(2)).
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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.
DATED: March 6, 1997
INNOVATIVE TECH SYSTEMS, INC.
By: \s\Louis J. Desiderio
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Louis J. Desiderio,
Vice President, Chief Financial
Officer and Assistant Secretary
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