Conformed Copy
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
June 29, 1999
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Date of Report (Date of earliest event reported)
NEW PARADIGM SOFTWARE CORP.
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(Exact name of registrant as specified in its charter)
New York 0-26336 13-3725764
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
630 Third Avenue, New York, New York 10017
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212)-557-0933
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<PAGE>
INFORMATION TO BE INCLUDED IN THE REPORT
Item 4. Change in Registrant's Certifying Accountants
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The registrant has dismissed its former principal accountants, BDO Seidman,
LLP of New York, New York, as its principal accountants. The change was
made effective June 29, 1999.
During the two most recent fiscal years of the registrant and each subsequent
interim period preceding March 31, 1999, there were no disagreements with
the former accountants 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 the former accountants
would have caused them to make reference in connection with their audit
report to the subject matter of the disagreements.
The report of the former principal accountants on the financial statements
of the registrant for the year ended March 31, 1998 contained (i) an
explaratory paragraph discussing conditions that raise substantial doubt
about the Company's ability to continue as a going concern and (ii) a
qualification relating to uncertainty as to the ultimate settlement of a
liability.
The decision to change accountants was approved by the Board of Directors
of the registrant.
<PAGE>
SIGNATURE
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Pursuant to the requirements of the Securities Exchange
Act of 1934, as amended, the registrant has duly caused this
Current Report to be signed on its behalf by the undersigned
thereunto duly authorized.
NEW PARADIGM SOFTWARE CORP.
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(Registrant)
By /s/ Mark Blundell
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Mark Blundell
President and
Chief Executive Officer
Date: June 29, 1999
<PAGE>
EXHIBIT INDEX
Sequentially
Exhibit Numbered Page
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16 Letter re Change in Certifying Accountant 4
<PAGE>
Exhibit 20
June 29, 1999
Secvurities Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have been furnished with a copy of the reponse to Item 4 of Form 8-K
for the event that occurred on June 29, 1999, to be filed by our former
client, New Paradigm Software Corp. We agree with the statements made
in response to that Item insofar as they relate to our Firm.
Very truly yours,
BDO Seidman, LLP
