-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OLd1jvnjW0HS78tgC4fb84lA6fXoGtQVPjo8zBEAxb6agAtm5FlS0hnQ8orF+Myx YTc+tv7iZjdO++m9C804EA== 0000950149-99-000920.txt : 19990513 0000950149-99-000920.hdr.sgml : 19990513 ACCESSION NUMBER: 0000950149-99-000920 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19990505 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERNATIONAL MICROCOMPUTER SOFTWARE INC /CA/ CENTRAL INDEX KEY: 0000814929 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 942862863 STATE OF INCORPORATION: CA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-15949 FILM NUMBER: 99618596 BUSINESS ADDRESS: STREET 1: 75 ROWLAND WAY CITY: NOVATO STATE: CA ZIP: 94945 BUSINESS PHONE: 4154543000 MAIL ADDRESS: STREET 1: 1895 EAST FRANCISCO BLVD CITY: SAN RAFAEL STATE: CA ZIP: 94901 8-K 1 FORM 8-K, DATE OF REPORT - MAY 5, 1999 1 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): May 5, 1999 INTERNATIONAL MICROCOMPUTER SOFTWARE, INC. - -------------------------------------------------------------------------------- (Exact name of Registrant as specified in its charter) California ---------------------------------------------- (State or other jurisdiction of incorporation) 0-15949 94-2862863 ----------- ------------- (Commission (IRS Employer File Number) Identification No.) 75 Rowland Way, Novato, CA 94945 --------------------------------------------------- (Address of principal executive offices) (Zip code) (415) 257-3000 ---------------------------------------------------- (Registrant's telephone number, including area code) Not Applicable ------------------------------------------------------------- (Former name or former address, if changed since last report) 2 ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT On May 5, 1999, the Board of Directors (the "Board") of International Microcomputer Software, Inc. (the "Company"), pursuant to the recommendation of audit committee, approved a resolution authorizing management to engage Grant Thornton LLP ("Grant Thornton") as the Company's independent auditor, upon such terms as may be negotiated by management. On May 5, 1999, the Company appointed Grant Thornton as the Company's independent auditor. The Company had previously reported on a Form 8-K filed April 26, 1999, that on April 19, 1999, the Company received a letter from Deloitte & Touche LLP ("D&T"), resigning as the Company's independent accounting firm. During the Company's two most recent fiscal years and the subsequent interim period before engaging Grant Thornton, neither the Company nor anyone acting on its behalf consulted Grant Thornton regarding (i) either: the application of accounting principles to a specified transaction, either completed or proposed; or the type of audit opinion that might be rendered on the Company's financial statements; or (ii) any matter that was either the subject of a disagreement or a reportable event (as defined in Item 304 of Regulation S-K). A letter from Grant Thornton is attached as an Exhibit to this Report. -2- 3 ITEM 7: FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits. 16.1 Letter from Grant Thornton LLP dated May 11, 1999 re change in auditor. 99.1 Press Release dated May 6, 1999. -3- 4 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: May 11, 1999 International Microcomputer Software, Inc. By: /s/ Costa John ------------------------------- Costa John Chief Executive Officer -4- EX-16.1 2 LETTER FROM GRANT THORNTON LLP DATED MAY 11, 1999 1 EXHIBIT 16.1 [GRANT THORNTON LLP] May 11, 1999 Securities and Exchange Commission 450 5th Street, N.W. Washington, D.C. 20549 Re: International Microcomputer Software, Inc. File No.: 0-15949 Dear Sir/Madam: We have read Item 4 of the Form 8-K of International Microcomputer Software, Inc. dated May 11, 1999, and agree with the statements contained therein, except for the information contained in the first paragraph, and the first sentence of the second paragraph, about which we have no knowledge. Very truly yours, Grant Thornton LLP -5- EX-99.1 3 PRESS RELEASE DATED MAY 6, 1999 1 EXHIBIT 99.1 IMSI SELECTS GRANT THORNTON AS AUDIT FIRM NOVATO, Calif., May 6 /PRNewswire/ -- IMSI(R) (Nasdaq: IMSI)-- software developer and creator of one of the fastest growing visual content and graphics portals on the Internet with more than 1.9 million visitors per month -- today announced the selection of Grant Thornton as its independent auditing firm, effective immediately. Costa John, chief executive officer for IMSI, notes that Grant Thornton's extensive experience with successful Internet and technology companies was strongly in their favor. The company represents a number of high-tech and Internet clients, including audiohighway.com, Image Smith, InnovativeInterface, Inc., and Omnis Technology Corporation, among others. Grant Thornton is an international accounting and consulting firm providing a broad range of professional services to growing, entrepreneurial organizations. Clients are served globally by 20,000 partners and employees in more than 90 countries -- including the countries where IMSI has offices and conducts business around the world. In the United States, some 3,000 partners and staff serve clients through 48 locations. The company's headquarters are in Chicago, where the firm was established in 1924. "We anticipate drawing on their Internet expertise and their extensive network of skilled practitioners," John says. "It is critical that we have an auditing team on board that understands the complexities of today's financial marketplace and the best way to grow our business." ABOUT IMSI Headquartered in Novato, California, IMSI (International Microcomputer Software, Inc.) has offices in the United Kingdom, France, Germany, Australia, South Africa, and Sweden -- and a wholly owned subsidiary, Zedcor, Inc. The company produces and sells its software in 13 languages and in more than 60 countries worldwide -- and has Web sites receiving more than 1.9 million visitors each month. For more information, please contact IMSI public relations at 415-878-4000, or visit www.imsisoft.com. FORWARD LOOKING STATEMENT: To the extent that any of the statements contained herein relating to IMSI's financial health are forward-looking; such statements are based on current expectations that involve a number of uncertainties and risks. Such uncertainties and risks include, but are not limited to, the development of new products, the enhancement of existing products, competitive pricing pressures, product volume and mix, timing of orders received and the introduction of competitive products, having technological and/or pricing advantages. As a result, the Company's operating results may fluctuate, especially when measured on a quarterly basis. For further information, refer to the risk factors included on the Company's Annual Report and 10-K for the year ended June 30, 1998 as filed with the Securities and Exchange Commission. -6- 2 NOTE: IMSI is a registered trademark of International Microcomputer Software, Inc. Other company and product names mentioned herein are the trademarks or registered trademarks of their respective owners. SOURCE International Microcomputer Software, Inc. CONTACT: Patricia A. Roche, Director of Corporate Communications of International Microcomputer Software, Inc., 415-878-4001, or cell, 415-305-7818 proche@imsisoft.com -7- -----END PRIVACY-ENHANCED MESSAGE-----