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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 (Date of earliest event reported): NOVEMBER 17, 1995
PARAMETRIC TECHNOLOGY CORPORATION
(Exact name of registrant as specified in its charter)
MASSACHUSETTS 0-18059 04-2866152
(State or other jurisdiction (Commission (IRS Employer
of Incorporation) File number) Identification No.)
128 TECHNOLOGY DRIVE
WALTHAM, MASSACHUSETTS 02154
(Address of principal executive offices) (Zip Code)
Registrants telephone number, including area code: (617) 398-5000
NO CHANGE SINCE LAST REPORT
(Former name or former address, if changed since last report)
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ITEM 4. CHANGES IN REGISTRANTS
CERTIFYING ACCOUNTANTS
(a) On November 17, 1995 the Board of Directors of Parametric Technology
Corporation (the Registrant) upon recommendation of its Audit Committee approved
a change in the Registrants independent accountants from Price Waterhouse LLP to
Coopers & Lybrand L.L.P. effective for the fiscal year ending September 30,
1996.
The following information is provided in response to Item 304(a)(1) of
Regulation S-K:
1. None of the reports of Price Waterhouse LLP on the Registrants
financial statements for the past two years contained an adverse
opinion or a disclaimer of opinion or was qualified or modified as to
uncertainty, audit scope or accounting principles.
2. In connection with its audits for the two most recent fiscal years and
through November 20, 1995, there were no disagreements with Price
Waterhouse LLP of the type required to be disclosed by Item
304(a)(1)(iv).
The Registrant has requested that Price Waterhouse LLP furnish it with a
letter addressed to the Securities and Exchange Commission stating whether or
not it agrees with the above statements. A copy of such letter, dated November
22, 1995, stating that firms agreement with items 1. and 2. above is filed as
Exhibit 16.1 to this Form 8-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
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16.1 Letter from Price Waterhouse LLP to Registrant
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 thereunto duly authorized.
Parametric Technology Corporation
November 22, 1995 By: /S/ Edwin J. Gillis
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Senior Vice President of Finance and
Administration, Chief Financial
Officer and Treasurer
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EXHIBIT 16.1
[LETTERHEAD OF PRICE WATERHOUSE LLP]
November 22, 1995
Securities and Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549
Ladies and Gentlemen:
Parametric Technology Corporation
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We have read Item 4 of Parametric Technology Corporations Form 8-K dated
November 17, 1995 and are in agreement with the statements contained in
paragraph 4(a) therein.
Yours very truly,
/S/ Price Waterhouse LLP
Price Waterhouse LLP
