8-K 1 imt49038k.txt CURRENT REPORT ON FORM 8-K 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): April 9, 2003 Innovative Micro Technology, Inc. (Exact name of Registrant as Specified in its Charter) Delaware 01-06635 95-1950506 (State or Other (Commission File Number) (IRS Employer Jurisdiction of Identification No.) Incorporation) 75 Robin Hill Road Goleta, California 93117 (Address of principal executive office) ( Zip Code) Registrant's telephone number, including area code: (805) 681-2800 ___________________________________________________________ (Former name or former address, if changed since last report) Item 4. Changes in Registrant's Certifying Accountant On April 9, 2003, Innovative Micro Technology, Inc. (the "Company") received notice from Deloitte & Touche LLP that it was resigning as the Company's auditor. The Audit Committee of the Board of Directors of the Company accepted the resignation. The report of Deloitte & Touche LLP on the Company's financial statements for each of the last two completed fiscal years expressed an unqualified opinion and included an explanatory paragraph relating to uncertainty regarding the Company's ability to continue as a going concern. During the fiscal years ended September 28, 2002 and September 29, 2001, and the interim period between September 29, 2002 and April 9, 2003, there has been no disagreement with Deloitte & Touche LLP on any matter of accounting principles or practices, financial statements disclosures, or auditing scope or procedure, which disagreement, if not resolved to the satisfaction of Deloitte & Touche LLP, would have caused it to make reference to the subject matter of the disagreement in connection with its report. During the fiscal years ended September 28, 2002 and September 29, 2001, and the interim period between September 29, 2002 and April 9, 2003, there have been no reportable events (as defined in Regulation S-K Item 304(a)(1)(v)). The Company has requested that Deloitte & Touche LLP furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the above statements. A copy of such letter, dated April 16, 2003, is filed as Exhibit 16.1 to this Form 8-K. Item 7. Financial Statements and Exhibits (a) Not applicable. (b) Not applicable. (c) Exhibits. The following is a list of exhibits filed as a part of this report. Exhibit Number Description _______ ___________ 16.1 Letter of Deloitte & Touche LLP regarding change in independent auditors. -2- SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. Date: April 16, 2003 INNOVATIVE MICRO TECHNOLOGY, INC. By: /s/ Peter T. Altavilla ________________________ Peter T. Altavilla Secretary and Chief Financial Officer -3-