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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) July 8, 1997
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BITWISE DESIGNS, INC.
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(Exact Name of Registrant as specified in charter)
Delaware 0-20190 14-1673067
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(State or other jurisdic- (Commission (IRS Employer
tion of incorporation) File Number) Identification No.)
Building 50, Rotterdam Industrial Park, Schenectady, NY 12306
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (518) 356-9741
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(Former name or former address, if changed since last report.)
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Item 4. Change of Registrant's Certifying Accountant.
On July 8, 1997, the Board of Directors of Bitwise Designs, Inc. (the
"Company") approved a recommendation by management to retain the firm of
Coopers & Lybrand L.L.P. to be its independent accountants for the fiscal year
ending June 30, 1997. Coopers & Lybrand L.L.P. will also assist the Company in
preparing its state and Federal income tax returns during the year. Coopers &
Lybrand L.L.P. had previously served as the Company's independent accountants
for the fiscal year ended June 30, 1993.
The Company had previously announced that it had terminated the
services of its prior independent accountant, KPMG Peat Marwick LLP in order to
significantly reduce the Company's audit and income tax preparation costs.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Registrant has duly caused this Report on Form 8-K to be signed
on its behalf by the undersigned hereunto duly authorized.
BITWISE DESIGNS, INC.
(Registrant)
By: /s/ John T. Botti
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John T. Botti
Chairman
Dated: July 14, 1997