6-K

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 6-K

                            Report of Foreign Issuer

    PURSUANT to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934

                    Filing No. 2 for the Month of July, 2002


                         ADB Systems International Inc.
                         ------------------------------
                           (Exact name of Registrant)

          6725 Airport Road, Suite 201, Mississauga ON, Canada L4V 1V2
          ---------------------------------------------------------------
                    (Address of principal executive offices)


Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F

                            Form 20-F X Form 40-F __

Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                                   Yes __ No X

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                         ADB SYSTEMS INTERNATIONAL INC.

         On July 23, 2002, ADB Systems International Inc. ("ADB" or the
"Company") issued the Press Release attached hereto as Exhibit 1.

         This Form 6-K may include comments that do not refer strictly to
historical results or actions and may be deemed to be forward-looking within the
meaning of the Safe Harbor provisions of the U.S. federal securities laws. These
include, among others, statements about expectations of future revenues, cash
flows, and cash requirements. Forward-looking statements are subject to risks
and uncertainties that may cause ADB's results to differ materially from
expectations. These risks include ADB's ability to raise additional funding,
develop its business-to-business sales and operations, develop appropriate
strategic alliances and successful development and implementation of technology,
acceptance of ADB's products and services, competitive factors, new products and
technological changes, and other such risks as ADB may identify and discuss from
time to time, including those risks disclosed in ADB's most recent Form 20-F
filed with the Securities and Exchange Commission. Accordingly, there is no
certainty that ADB's plan will be achieved.

         The Company hereby incorporates by reference this Form 6-K into its
Registration Statement on Form F-3, and into the prospectus contained therein
(File No. 333-40888).

Exhibit 1 - Press Release, dated July 23, 2002



                                   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, thereunto duly authorized.

                                ADB SYSTEMS INTERNATIONAL INC.
Date: July 23, 2002             By:  /s/ JOHN MACKIE
                                     ---------------
                                     Name: John Mackie
                                     Title: Vice-President, General Counsel and
                                            Corporate Secretary

EX-99.1

                                                                   Exhibit 99(1)
[LOGO] ADB

                                     ADB Systems International Inc.
                                     6725 Airport Road, Suite 201
                                     Mississauga, ON L4V 1V2
                                     Tel: 905-672-7467 / Facsimile: 905-672-5705
                                     Website: www.adbsys.com
                                    (Nasdaq: ADBI, TSE: ADY)

For Immediate Release

              ADB SYSTEMS DELAYS REPORTING OF Q2 FINANCIAL RESULTS
                   Continues to explore funding opportunities

TORONTO - July 23, 2002 - ADB Systems International (Nasdaq: ADBI, TSE: ADY), a
global provider of asset lifecycle management solutions, announced that it will
postpone the reporting of its financial results for the second quarter ended
June 30, 2002 until a date to be determined.

"We have re-scheduled the release of our financial results for the second
quarter to be better able to report on the progress of our fund-raising efforts
and related activities," said Jeff Lymburner, CEO of ADB Systems. "As announced
previously, ADB has been exploring a number of funding opportunities that we
believe will be of benefit to stakeholders. In the event that the desired
funding does not materialize by the end of July, we will be taking immediate and
aggressive operational and structural steps to protect the interests of our
stakeholders where possible."

About ADB Systems International Inc.
- -------------------------------------
ADB Systems International, formerly Bid.Com, delivers asset lifecycle management
solutions that help companies source, manage and sell assets for maximum value.
ADB works with a growing number of customers and partners in a variety of
sectors including oil and gas, government, chemicals, manufacturing and
financial services. Current customers and partners include BP, GE Capital,
Halliburton Energy Resources, HFK, Irish Permanent Finance, ShopNBC, and Skerman
Group.

ADB has offices in Toronto (Canada), Stavanger (Norway), Tampa (U.S.), Dublin
(Ireland), and London (U.K.). The company's shares trade on both the Nasdaq
Stock Market (NASDAQ: ADBI), and the Toronto Stock Exchange (TSE: ADY).

This news release may include comments that do not refer strictly to historical
results or actions and may be deemed to be forward-looking within the meaning of
the Safe Harbor provisions of the U.S. federal securities laws. These include,
among others, statements about expectations of future revenues, cash flows, and
cash requirements. Forward-looking statements are subject to risks and
uncertainties that may cause ADB's ("the Company") results to differ materially
from expectations.

                                    - more -



ADB re-schedules Reporting of Q2 results/2
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These risks include the Company's ability to raise additional funding, develop
its business-to-business sales and operations, develop appropriate strategic
alliances and successful development and implementation of technology,
acceptance of the Company's products and services, competitive factors, new
products and technological changes, and other such risks as the Company may
identify and discuss from time to time, including those risks disclosed in the
Company's Form 20-F filed with the Securities and Exchange Commission.
Accordingly, there is no certainty that the Company's plans will be achieved.

To receive additional information on ADB Systems International, please visit
www.adbsys.com

Contacts:
At ADB Systems International
- ------------------------------------
Joe Racanelli, Director of Marketing
Tel: (905) 672-7467  ext. 273
Fax: (905) 672-9928
E-mail: jracanelli@adbsys.com
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