EX-16 3 y61364exv16.txt LETTER FROM ARTHUR ANDERSEN LLP Exhibit 16 Office of the Chief Accountant Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 June 6, 2002 Dear Sir/Madam: The representations made in this letter are based solely on discussions with and representations from the engagement partner and manager on the audits of the financial statements of this registrant for the two most recent fiscal years. Those individuals are no longer with Arthur Andersen LLP. We have read Item 4 included in the Form 8-K dated June 6, 2002 of PubliCARD, Inc. to be filed with the Securities and Exchange Commission and have found no basis for disagreement with the statements contained therein. Very truly yours, /s/ ARTHUR ANDERSEN LLP ----------------------- Arthur Andersen LLP Copy to: Mr. Antonio L. DeLise, President, Chief Operating Officer and Chief Financial Officer PubliCARD, Inc.