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UNITED STATES
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): May 2, 2000
INTERLOGIX, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-24900 06-1340453
(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
12345 SW Leveton Drive
Tualatin, Oregon 97062
(Address of Principal Executive Offices) (ZIP CODE)
Registrant's Telephone Number, including area code: (503) 691-7243
ITI TECHNOLOGIES, INC.
2266 North Second Street
North Saint Paul, Minnesota 55109
(Former Name or Former Address, if Changed Since Last Report)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
(a) Previous independent accountant.
(i) On May 2, 2000, PricewaterhouseCoopers LLP, the independent
public accountants of Interlogix, Inc., a Delaware corporation
formerly known as ITI Technologies, Inc. (the "Registrant") was
dismissed from its engagement to audit the Registrant's financial
statements.
(ii) The reports of PricewaterhouseCoopers LLP issued on the
financial statements of the Registrant for the past two fiscal years
contained no adverse opinion or disclaimer of opinion, and were not
qualified or modified as to uncertainty, audit scope, or accounting
principles.
(iii) In connection with its audits for the two most recent
fiscal years and through May 2, 2000, there have been no disagreements
with PricewaterhouseCoopers LLP on any matter of accounting principles
or practices, financial statement disclosure, or auditing scope or
procedure, which disagreements if not resolved to the satisfaction of
PricewaterhouseCoopers LLP would have caused them to make reference
thereto in their report on the financial statements for such years.
(iv) During the two most recent fiscal years and through May 2,
2000, there have been no reportable events (as defined in Regulation
S-K Item 304(a)(1)(v)).
(v) The Registrant has provided PricewaterhouseCoopers LLP with a
copy of these disclosures and has requested that
PricewaterhouseCoopers LLP furnish it with a letter addressed to the
SEC stating whether or not it agrees with the above statements. A copy
of such letter, dated May 9, 2000, is filed as Exhibit 16 to this Form
8-K.
(b) New independent accountant.
(i) On May 2, 2000, the Registrant engaged Arthur Andersen LLP as
the independent accountant to audit the Registrant's consolidated
financial statements. During the two most recent fiscal years and the
subsequent interim period through May 2, 2000, the Registrant did not
consult Arthur Andersen LLP regarding either the application of
accounting principles to a specified transaction or the type of audit
opinion that might be rendered on the Registrant's financial
statements, nor on any matter that was either the subject of a
disagreement or a reportable event. Arthur Andersen LLP had previously
been engaged as the independent accountant to audit the financial
statements of SLC Technologies, Inc., which merged with and into the
Registrant on May 2, 2000.
(ii) The decision to change certifying accountants was approved
by the board of directors of the Registrant.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits
The exhibits listed on the Exhibit Index on page 3 are filed as
part of this Report.
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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.
INTERLOGIX, INC.
By: /s/ JOHN R. LOGAN
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Name: John R. Logan
Title: Assistant Secretary and
Chief Financial Officer
Date: May 9, 2000
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EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit Description Page No
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<S> <C> <C>
16.1 Letter from PricewaterhouseCoopers LLP dated May 9, 2000 4
regarding change in certifying accountant
</TABLE>
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Exhibit 16.1
May 9, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Commissioners:
We have read the statements made by Interlogix, Inc. (f/k/a ITI Technologies,
Inc.) (copy attached), which we understand will be filed with the Commission,
pursuant to Item 4 of Form 8-K, as part of the Company's Form 8-K report dated
May 2, 2000. We agree with the statements concerning our Firm in such Form 8-K.
Very truly yours,
/s/ PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
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