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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 24, 1998
ULTRADATA SYSTEMS, INCORPORATED
(Exact name of Registrant as Specified in its Charter)
Delaware 0-25380 43-1401158
(State of Incorporation) (Commission File (IRS Employer
Number) Identification No.)
9375 Dielman Industrial Drive, St. Louis, Missouri 63132
(Address of principal executive offices)
(314) 997-2250
Registrant's Telephone Number
Item 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On July 24, 1998, the Registrant, by action of the Board of Directors,
dismissed KPMG Peat Marwick LLP from its engagement as the Registrant's
principal accountant to audit the Registrant's financial statements for the
year ended December 31, 1998.
The report of KPMG Peat Marwick on the Registrant's financial statements for
the years ended December 31, 1997 and 1996 did not contain an adverse
opinion or a disclaimer of opinion, and was not qualified or modified as to
uncertainty, audit scope, or accounting principles.
The Registrant and KPMG Peat Marwick have not, in connection with the audit
of the Registrant's financial statements for the 1997 and 1996 fiscal years
or any subsequent period, had any disagreement on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope
or procedure, which disagreement, if not resolved to KPMG Peat Marwick's
satisfaction, would have caused KPMG Peat Marwick to make reference in
connection with its reports to the subject matter of the disagreement.
At no time during the past two fiscal years and subsequent period did KPMG
Peat Marwick advise the Registrant:
(a) as to any material weakness in internal controls necessary for the
Registrant to develop reliable financial statements; or,
(b) that information had come to the attention of KPMG Peat Marwick
which materially impacts the fairness or reliability of a previously
issued audit report or the underlying financial statements.
On July 24, 1998, the Registrant retained the firm of BDO Seidman, LLP to
audit the Registrant's financial statements for the year ended December 31,
1998. At no time during the past two fiscal years or any subsequent period
did the Registrant consult with BDO Seidman, LLP regarding either the
application of accounting principles to a specified transaction or the type
of audit opinion which might be rendered on the Registrant's financial
statements or any matter of the sort described above with reference to
KPMG Peat Marwick.
EXHIBITS
1. Letter from KPMG Peat Marwick LLP.
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.
ULTRADATA SYSTEMS, INCORPORATED
Dated: July 31, 1998 By: /s/Monte Ross
Monte Ross
Chief Executive Officer
