SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K/A
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 20, 2000
PROGINET CORPORATION
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-30151 11-3264929
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File No.) Identification No.)
200 Garden City Plaza, Garden City, New York 11530
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (516) 248-2000
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 4. CHANGES IN CERTIFYING ACCOUNTANT
On July 20, 2000, Proginet Corporation (the "Company") terminated the
client-auditor relationship between the Company and KPMG LLP ("KPMG"), and the
Company engaged Grant Thornton LLP ("Grant") as its independent auditors for the
fiscal year ending July 31, 2000. The decision to engage Grant was approved by
the Board of Directors of the Company, upon the recommendation of the Audit
Committee of the Board of Directors. KPMG's reports on the consolidated
financial statements of the Company for fiscal years 1999 and 1998 did not
contain any adverse opinion or a disclaimer of opinion, and were not qualified
or modified as to uncertainty, audit scope or accounting principles. During
fiscal years 1999 and 1998 and the subsequent interim period preceding the
termination of KPMG, there were no disagreements with KPMG regarding any matters
of accounting principles or practices, financial statement disclosure or
auditing scope or procedure, which disagreements, if not resolved to the
satisfaction of KPMG, would have caused KPMG to make reference to the subject
matter of the disagreements in connection with its report. The Company requested
that KPMG furnish it with a letter addressed to the Securities and Exchange
Commission stating whether it agrees with the above statements. The letter,
dated August 23, 2000 has been filed as an exhibit to this current report on
Form 8-K/A.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
Dated: August 23, 2000
PROGINET CORPORATION
By: /s/ Kevin M. Kelly
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Name: Kevin M. Kelly
Title: President and Chief Executive Officer
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EXHIBIT INDEX
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Exhibit
No. Description
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1 Letter dated August 23, 2000, from KPMG LLP to the Securities
and Exchange Commission.
