SCHEDULE 13G
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Access Solutions International, Inc.
(Name of Issuer)
Common Stock, $.01 par value
(Title of Class of Securities)
004317103
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
CUSIP NO. 004317103
1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF
ABOVE PERSON
Malcolm G. Chace III
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
[ ]
[ ]
3. SEC USE ONLY _______
4. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
NUMBER OF SHARES 5. SOLE VOTING POWER
OWNED BY 882,390 shares of Common Stock
EACH REPORTING
PERSON WITH 6. SHARES VOTING POWER
-0- shares of Common Stock
7. SOLE DISPOSITIVE POWER
882,390 shares of Common Stock
8. SHARED DISPOSITIVE POWER
-0- shares of Common Stock
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
882,390
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES.
[X]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.9% of Common Stock
12. TYPE OF REPORTING PERSON
IN
ITEM 1
(a) Name of Issuer: Access Solutions International, Inc.
(b) Address of Issuer's Principal Executive Offices: 650 Ten Rod Road,
North Kingstown, Rhode Island 02852
ITEM 2
(a) Name of Person Filing: Malcolm G. Chace III
(b) Address of Principal Business Office or, if none, Residence: 730
Hospital Trust Building, Providence, Rhode Island 02903
(c) Citizenship: USA
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 004317103
ITEM 3 Not Applicable
ITEM 4. Ownership
(a) Amount beneficially owned: 882,390. Does not include 203 shares of
Common stock owned of record by Mossberg Industries, Inc., of which Mr. Chace is
Chairman of the Board of Directors, and of which Mr. Chace disclaims beneficial
ownership. Includes 188 shares of Common Stock issuable upon exercise of
currently exercisable stock options. Includes 125,000 shares of Common Stock
issuable upon exercise of warrants, which are currently exercisable.
(b) Percent of Class: 14.9
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 882,390
(ii) shared power to vote or to direct the vote:_________
(iii) sole power to dispose or to direct the disposition of 882,390
(iv) shared power to dispose or to direct the disposition of________
ITEM 5. Ownership of Five Percent or Less of a Class: N/A
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [ ].
ITEM 6. Ownership of More than Five Percent on Behalf of Another Person:
N/A
If any other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified. A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the beneficiaries
of employee benefit plan, pension fund or endowment fund is not required.
ITEM 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company: N/A
ITEM 8. Identification and Classification of Members of the Group: N/A
ITEM 9. Notice of Dissolution of Group: N/A
ITEM 10: Certification: N/A
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
___________________________________________
Date
/s/Malcolm G. Chace III
___________________________________________
Malcolm G. Chace III
