SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 10-K AMENDMENT #1
Annual report pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
For the fiscal year ended September 30, 1995 Commission
file number 0-25492
IPC INFORMATION SYSTEMS, INC.
(Exact Name of Registrant as Specified in Its Charter)
DELAWARE 58-1636502
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)
Wall Street Plaza
88 Pine Street
New York, New York 10005
(Address of Principal Executive Zip Code
Offices)
(212) 825-9060
(Registrant's Telephone Number, Including Area Code)
Securities registered pursuant to Section 12 (b) of the Act:
None
Securities registered pursuant to Section 12(g) of the Act:
Title of Class: Common Stock, $.01 Par Value
Indicate by check mark whether the registrant: (1) has filed
all reports required to be filed by Section 13 or 15(d) of
the Securities Exchange Act of 1934 during the preceding 12
months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days. Yes X
No ____
Indicate by check mark if disclosure of delinquent filers
pursuant to Item 405 of Regulation S-K is not contained
herein and will not be contained, to the best of the
registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this
Form 10-K or any amendment to this Form 10-K.___
The aggregate market value of the voting stock held by non-
affiliates of the Registrant as of November 30, 1995, was
approximately $47.1 million based upon the last sale price
reported for such date on the Nasdaq National Market.
The number of shares of the Registrant's Common Stock
outstanding as of November 30, 1995 was 10,521,555.
DOCUMENTS INCORPORATED BY REFERENCE
Portions of the definitive Proxy Statement for the Annual
Meeting of Stockholders of IPC Information Systems, Inc.
(the "Proxy Statement"), scheduled to be held on February
14, 1996, are incorporated by reference in Part III of this
Report on Form 10-K.
<PAGE>1
<TABLE>
<CAPTION>
(a)(3) Exhibits
Exhibit No. Exhibit Title
<S> <C>
*3.2 Amended and Restated Bylaws of Registrant
*10.2.1 Letter Agreement, dated October 17, 1995, by
and between the Registrant and Richard P.
Kleinknecht amending the Employment
Agreement, dated May 9, 1994, by and between
the Registrant and Richard P. Kleinknecht.
*10.3.1 Letter Agreement, dated October 17, 1995, by
and between the Registrant and Peter J.
Kleinknecht amending the Employment
Agreement, dated May 9, 1994, by and between
the Registrant and Peter J. Kleinknecht.
*10.4.1 Letter Agreement, dated October 17, 1995, by
and between the Registrant and Jeffrey M. Gill
amending the Employment Agreement dated
August 29, 1994, by and between the Registrant
and Jeffrey M. Gill.
*10.14.1 Employer Agreement, dated as of
October 17, 1995, by and between the Registrant
and Steven Terrell Clontz.
21.2 Subsidiaries of the Registrant
27 Financial Data Schedule
* Filed as an exhibit to the Registrant's Report on Form 8-K,
filed November 30, 1995, and incorporated
herein by reference.
(b) Reports on Form 8-K
No Reports on Form 8-K were filed with the Securities
and Exchange Commission
during the fourth quarter of the fiscal year covered
by this report.
</TABLE>
<PAGE>2
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
IPC INFORMATION SYSTEMS, INC.
Date: January 31, 1995 By:/s/ RICHARD P. KLEINKNECHT
Richard P. Kleinknecht
Chairman
Pursuant to the requirements of the Securities Exchange
Act of 1934, this report has been signed below by the
following persons on behalf of the Registrant and in the
capacities and on the dates indicated.
Signature Title Date
/s/ RICHARD P. KLEINKNECHT Chairman and January 31,
Director 1995
Richard P. Kleinknecht
/s/ PETER J. KLEINKNECHT Vice Chairman and January 31,
Director 1995
Peter J. Kleinknecht
/s/ TERRY CLONTZ Chief Executive January 31,
Officer, 1995
Terry Clontz President and
Director
(Principal Executive Officer)
/s/ JEFFREY M. GILL Chief Operating January 31,
Officer 1995
Jeffrey M. Gill
/s/ GREGORY RIEDEL Chief Financial January 31,
Officer 1995
Gregory Riedel (Principal Financial Officer)
(Principal Accounting Officer)
/s/ THEODORE J. JOHNSON Director January 31,
1995
Theodore J. Johnson
/s/ ROBERT J. MCINERNEY Director January 31,
1995
Robert J. McInerney
/s/ PETER M. STEIN Director January 31,
1995
Peter M. Stein
<PAGE>3
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<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-END> SEP-30-1995
<CASH> 15,786
<SECURITIES> 0
<RECEIVABLES> 50,513
<ALLOWANCES> 1,572
<INVENTORY> 35,111
<CURRENT-ASSETS> 110,936
<PP&E> 9,236
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0
0
<COMMON> 107
<OTHER-SE> 58,397
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<SALES> 206,254
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<CGS> 143,081
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<INTEREST-EXPENSE> (233)
<INCOME-PRETAX> 22,486
<INCOME-TAX> 9,219
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