EXHIBIT 99.1

UNITED STATES BANKRUPTCY COURT
EASTERN DISTRICT OF MICHIGAN

In the matter of:

Case Number: 02-63996-WS
Chapter 11

Nexiq Technologies, Inc.
Debtor(s) Hon. Walter Shapero

STATEMENT OF DEBTOR IN POSSESSION

UNDER BANKR. R. PRO. 9011

For the month of October 12-27, 2002

The Debtor in Possession states:

Attached is a complete and accurate (check appropriate lines).

X   Balance Sheet

X   Profit and Loss Statement

X   Cash Receipts & Disbursements Report

X   Accounts Payable Aging Schedule

X   Taxes Payable/Insurance Schedule

X   Reconciled Bank Statement(s)

The statements contained within have been completed on a _______________________ CASH                 X          ACCRUAL BASIS. I understand that any false statement may subject me to sanctions as provided for in Bankr. R. Pro. 9011.

/s/ Kevin F. Kelly
Debtor in Possession

11/20/2002
      Date

A. Mail the original to:
UNITED STATES BANKRUPTCY COURT
21ST FLOOR - COMERICA BUILDING
211 WEST FORT STREET
DETROIT, MICHIGAN 48226 Mail one copy of this report to: OFFICE OF THE U.S. TRUSTEE
211 W. FORT STREET
SUITE 700
DETROIT, MICHIGAN 48226
Attn: John R. Kuhn  

B.  Mail a copy of this report to each member of the Creditors' Committee (if any) and the attorney for the Creditors' Committee (if any).

U.S. DEPARTMENT OF JUSTICE
UNITED STATES TRUSTEE
EASTERN DISTRICT OF MICHIGAN

In the matter of:

Case Number: 02-63996-WS
Chapter 11

Nexiq Technologies, Inc.
 Debtor(s) Hon. Walter Shapero

AFFIRMATIONS

UNDER BANKR. R. PRO. 9011

As Debtor in Possession, I affirm:

1.  That the insurance, as described in section 5 of the Notice of Operating Instructions and Reporting Requirements, is in effect, and

2.   That all post petition taxes, as described in section 9 of the Notice of Operating Instructions and Reporting Requirements, are current.

3.  No professional fees (accountant, attorneys, etc.) have been paid without specific court authorization. Explain below if not true.

I understand that any false statement may subject me to sanctions as provided for in Bankr. R. Pro. 9011.

/s/ Kevin F. Kelly
 Debtor in Possession

11/20/02
Date

Explanations:

NEXIQ TECHNOLOGIES, INC.
BALANCE SHEET
AS OF OCTOBER 27, 2002
ASSETS
	Current Assets
		Checking/Savings
			Cash
				1100 - Cash - Fleet Concentration	660,694.27
				1105 - Cash - Fleet "Blocked"	124,327.16
				1120 - Cash - CIBC Banking Corp (FSC)	940.00
				1190 - Petty Cash	400.00
			Total Cash		786,361.43
		Total Checking/Savings			786,361.43
		Other Current Assets
			Prepaid Expenses
				1305 - Prepaid Insurance	91,647.00
				1340 - Prepaid Deposits	24,502.33
			Total Prepaid Expenses		116,149.33
		Total Other Current Assets			116,149.33
	Total Current Assets				902,510.76
	Fixed Assets
		Fixed Assets - Basis
			1605 - Furniture		99,317.68
			1610 - Office Equipment		78,528.61
			1615 - Computer Equipment - Software		37,409.75
			1620 - Computer Equipment - Hardware		105,111.04
			1630 - Leasehold Improvements		48,361.73
		Total Fixed Assets - Basis			368,728.81
		Accumulated Depreciation
			1655 - Accum Depr - Furniture		(82,587.81	)
			1660 - Accum Depr - Office Equipment		(76,690.33	)
			1665 - Accum Depr - Computer Equip SW		(23,104.32	)
			1670 - Accum Depr - Computer Equip HW		(86,107.81	)
			1680 - Accum Depr - Leasehold Impr		(48,361.73	)
			1695 - Current Year Accum Depreciation		(2,674.00	)
		Total Accumulated Depreciation			(319,526.00	)
	Total Fixed Assets				49,202.81
	Other Assets
		Investment in Subsidiaries
			1701 - Investment - Magnetec		1,236,886.74
			1702 - Investment - Instruments		7,473,299.31
			1703 - Investment - Termiflex		5,535,428.71
			1704 - Investment - Micro Palm		2,145,187.33
			1705 - Investment - MPSI		3,145,000.00
			1706 - Investment - Oyster		1,844,643.00
			1707 - Investment - Husky		446,964.00
			1708 - Investment - DSI		599,215.00
		Total Investment in Subsidiaries			22,426,624.09
		Goodwill
			1721 - Goodwill - MPSI		2,552,214.74
			1723 - Goodwill - DSI		4,030,000.00
			1725 - Accum Amort - MPSI Goodwill		(1,206,243.42	)
			1727 - Accum Amort - DSI Goodwill		(1,183,351.00	)
		Total Goodwill			4,192,620.32
		Debt Issuance
			1740 - Debt Issuance Costs		2,482,862.00
			1745 - Accum Amort - Debt Issuance		(1,733,686.00	)
		Total Debt Issuance			749,176.00
	Total Other Assets				27,368,420.41
TOTAL ASSETS					28,320,133.98

NEXIQ TECHNOLOGIES, INC.
BALANCE SHEET
AS OF OCTOBER 27, 2002
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				Accts Payable
					2105 - Accounts Payable Pre Petition	1,540,909.55
					2105 - Accounts Payable Post Petition	20,172.52
				Total Accts Payable		1,561,082.07
			Total Accounts Payable			1,561,082.07
			Other Current Liabilities
				2200 - Fleet Bank Line of Credit		2,500,000.00
				Employee Accruals
					2345 - Accrued Vacation	5,878.19
					2305 - Accrued Restructuring	681,779.88
				Total Employee Accruals		687,658.07
				Accrued Expenses
					2490 - Accrued Other	958,563.84
				Total Accrued Expenses		958,563.84
				Interest
					2505 - Accrued Bank Interest	612,922.54
					2510 - Accrued Convertible Note Int	1,562,909.09
					2515 - Accrued Other Interest	86,883.56
				Total Interest		2,262,715.19
				Due To/From Subsidiaries
					2705 - Due To/From MPSI	2,608,222.63
					2710 - Due To/From Instruments/Mag	48,815.00
					2715 - Due To/From DSI	(3,643,624.37	)
					2720 - Due To/From Discon't Operations	10,426,017.00
				Total Due To/From Subsidiaries		9,439,430.26
			Total Other Current Liabilities			15,848,367.36
		Total Current Liabilities				17,409,449.43
		Long Term Liabilities
			Notes Payable - Long Term
				2917 - Bridge Note - Sunrise		3,000,000.00
				2905 - Fleet Bank - Term A		4,656,766.38
				2910 - Fleet Bank - Term B		4,268,300.84
				2920 - Convertible Notes - Sunrise		33,935,000.00
				2925 - Convertible Notes - ANG		4,181,875.00
				2930 - Convertible Notes - PIK		6,476,583.19
				2940 - Convertible Notes - Discount		(8,151,506.00	)
			Total Notes Payable - Long Term			48,367,019.41
		Total Long Term Liabilities				48,367,019.41
	Total Liabilities					65,776,468.84
	Equity
		3050 - Common Stock				140,479.62
		3100 - Additional Paid in Capital				41,051,057.55
		3900 - *Retained Earnings				(76,664,039.47	)
		Net Income				(1,983,832.56	)
	Total Equity					(37,456,334.86	)
TOTAL LIABILITIES & EQUITY						28,320,133.98

NEXIQ TECHNOLOGIES, INC.
PROFIT AND LOSS STATEMENT
FOR THE PERIOD OF OCTOBER 12, 2002
TO OCTOBER 27, 2002
					10/12/02 to
					10/27/02
	Ordinary Income/Expense
		Expense
			8010 - Compensation Expense		65,390.00
			8000 - Salaries & Wages		10,577.47
			Employee Benefits
				8105 - Medical and Dental	484.04
				8110 - Long Term Disability	260.76
				8115 - Life Insurance	23.77
				8125 - Auto Allowance	500.00
			Total Employee Benefits		1,268.57
			Payroll Expenses
				8205 - FICA - Employer Portion	527.41
			Total Payroll Expenses		527.41
			8280 - Dues & Subscriptions		60.00
			Travel & Entertainment
				8370 - Travel	1,235.96
				8375 - Meals & Entertainment	112.79
			Total Travel & Entertainment		1,348.75
			Consultants
				8520 - Consultants - Bankruptcy	25,000.00
			Total Consultants		25,000.00
			8575 - Telephone		534.16
			Depreciation
				8650 - Depreciation - Furniture	870.00
				8655 - Depreciation - Equipment	1,804.00
			Total Depreciation		2,674.00
			8674 - Amortization Expense - Goodwill
				8675 - GW Amortization - MPSI	14,200.00
				8677 - GW Amortization - DSI	67,777.00
			Total 8674 - Amortization Expense - Goodwill		81,977.00
			8680 - Bank Charges - Monthly Fees		6,309.48
			Legal
				8716 - Legal - Bankruptcy	0.00
			Total Legal		0.00
			8740 - General Insurance		27,656.00
			Public Relations & BOD Exps
				8755 - Public Relations	2,228.28
			Total Public Relations & BOD Exps		2,228.28
			8995 - Miscellaneous		(66.67)
		Total Expense			225,484.45
	Net Ordinary Income				(225,484.45)
	Other Income/Expense
		Other Expense
			Interest Expense
				9725 - Other	24,739.73
				9705 - Bank	102,434.34
				9710 - Convertible Notes	1,139,268.32
				9715 - Debt Issuance Costs	259,122.00
			Total Interest Expense		1,525,564.39
			Taxes
				9910 - State Income Taxes	0.00
			Total Taxes		0.00
		Total Other Expense			1,525,564.39
	Net Other Income				(1,525,564.39)
Net Income					(1,751,048.84)

SUMMARY OF POST PETITION ACCOUNTS PAYABLE AGING SCHEDULE
AS OF OCTOBER 27, 2002
		0 - 30		31 - 60		61 - 90		> 90
NAME OF CREDITOR		DAYS		DAYS		DAYS		DAYS		BALANCE
BCIA NE Holdings LLC	$	9,420.50	$	6,077.74					$	15,498.24
Shareholder.com		1,043.28								1,043.28
The Hartford		3,631.00								3,631.00
TOTALS	$	14,094.78	$	6,077.74	$	—	$	—	$	20,172.52

U.S DEPARTMENT OF JUSTICE
UNITED STATES TRUSTEE
EASTERN DISTRICT OF MICHIGAN
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
TAXES PAYABLE SCHEDULE
POST PETITION
			Beginning				Payments/		Ending
			Balance		Additions		Deposits		Balance
Income Tax Withheld:
	Federal	$	—	$	—	$	—	$	—
	State		0.00						0.00
FICA Tax Withheld			0.00						0.00
Employer's FICA Tax			0.00						0.00
Unemployment Tax:
	Federal		0.00						0.00
	State		0.00						0.00
Sales Use & Excise Tax			0.00						0.00
Property Taxes			0.00						0.00
Accrued Income Tax:
	Federal		0.00						0.00
	State		0.00						0.00
Other: ___________________			0.00						0.00
	TOTALS	$	—	$	—	$	—	$	—
TAXES PAYABLE SCHEDULE
			Policy Expiration Date				Premium Paid Through Date
Workers' Compensation			12/31/02				12/31/02
General Liability			11/30/02				11/30/02
Property			11/30/02				11/30/02
Vehicle			11/30/02				11/30/02
Other (list):
Directors and Officers Liability			09/30/03				03/31/03
Technology Errors & Omissions			06/30/03				12/31/02
Crime			01/31/03				01/31/03

U.S DEPARTMENT OF JUSTICE UNITED STATES TRUSTEE EASTERN DISTRICT OF MICHIGAN
Case Name:	Nexiq Technologies, Inc..
Case Number:	02-6399-WS
CASH RECEIPTS AND DISBURSEMENTS REPORT
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
		GENERAL ACCOUNT						PAYROLL	TAX
		Fleet		SFB		TOTAL		ACCOUNT	ACCOUNT
CASH ON HAND
BEGINNING OF PERIOD		73,334.79		0.00		73,334.79		0.00	0.00
RECEIPTS DURING THE
CURRENT PERIOD
(see attached schedule)		983,246.50		365.45		983,611.95			0.00
Balance Available		1,056,581.29		365.45		1,056,946.74		0.00	0.00
DISBURSEMENTS DURING
THE CURRENT PERIOD
(see attached schedule)		(271,559.86	)	(365.45	)	(271,925.31	)		0.00
CASH ON HAND
END OF PERIOD		785,021.43		0.00		785,021.43		0.00	0.00
*** IMPORTANT ***
Please enter the TOTAL DISBURSEMENTS from all you accounts,
including cash and excluding transfers, onto the line below. This is
the number that will determine your quarterly fee payment.
		$    54,744.31

U.S DEPARTMENT OF JUSTICE UNITED STATES TRUSTEE EASTERN DISTRICT OF MICHIGAN
Case Name:		Nexiq Technologies, Inc.
Case Number:		02-63996-WS
RECEIPTS LISTING
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
Bank:			Fleet Bank
Location:			111 Westminister Street, Providence, RI 02903
Account Name:			Nexiq Technologies Concentration Account
Account Number:			9358942298
	DATE
	RECEIVED		DESCRIPTION	AMOUNT
	Transfer		Transfers from WPI Micro Processor Systems	722,896.19
	Transfer		Transfers from Diversified Software Industries	260,350.31
			TOTAL	$            983,246.50
Receipts may be identified by major categories. It is not necessary to list each transaction
separately by name and customer or invoice number. You must, however, create a separate list
for each bank account to which receipts were deposited during the month.

U.S DEPARTMENT OF JUSTICE UNITED STATES TRUSTEE EASTERN DISTRICT OF MICHIGAN
Case Name:		Nexiq Technologies, Inc.
Case Number:		02-63996-WS
RECEIPTS LISTING
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
Bank:			Standard Federal Bank
Location:			40950 Van Dyke Avenue, Sterling Heights, MI 48313
Account Name:			Nexiq Technologies Debtor In Possession
Account Number:			3664000599
	DATE
	RECEIVED		DESCRIPTION	AMOUNT
	Transfer		Transfer from WPI Micro Processor Systems to cover checks written	365..45
			TOTAL	$            365.45
Receipts may be identified by major categories. It is not necessary to list each transaction
separately by name and customer or invoice number. You must, however, create a separate list
for each bank account to which receipts were deposited during the month.

Bank:

		U. S. DEPARTMENT OF JUSTICE UNITED STATES TRUSTEE EASTERN DISTRICT OF MICHIGAN
Case Name:	Nexiq Technologies,  Inc.
Case Number:	02-63996-WS
			DISBURSEMENTS LISTING
			FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
Bank:		Fleet Bank
Location:		111 Westminister Street, Providence, RI 02903
Account Name:		Nexiq Technologies Concentration Account
Account Number:		9358942298
DATE	CHECK
DISBURSED	NUMBER	PAYEE	DESCRIPTION	AMOUNT
10/21/02	Transfer	WPI Micro Processor Systems	Funding Checks written on Nexiq DIP account	40,000.00
10/22/02- 10/240/02	Transfer	WPI Micro Processor Systems	Wires sent for WPI Micro Processor Systems	9,838.76
10/24/02	Transfer	WPI Micro Processor Systems	Payroll P/E 10/20/02	110,870.91
10/24/02	Transfer	Diversified Software Industries	Payroll P/E 10/20/02	56,471.33
10/22/02	Wire	THE HARTFORD	INSURANCE	18,979.13
10/22/02	Wire	BERINGEA, LLC	INVESTMENT BANKER	25,000.00
10/24/02	Wire	Fidelity Investments	401(k) FUNDING Payroll P/E 10/20/02	9,842.07
10/15/02		Fleet Bank	Bank fees	557.66
			TOTAL	$                  271,559.86
		You must create a separate list for each bank account for which disbursements were made during the month.

U.S DEPARTMENT OF JUSTICE
UNITED STATES TRUSTEE
EASTERN DISTRICT OF MICHIGAN
Case Name:			Nexiq Technologies, Inc.
Case Number:			02-63996-WS
DISBURSEMENTS LISTING
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
Bank:				Standard Federal Bank
Location:				40950 Van Dyke Avenue, Sterling Heights, MI 48313
Account Name:				Nexiq Technologies Debtor In Possession
Account Number:				3664000599
	DATE		CHECK
	DISBURSED		NUMBER	PAYEE	DESCRIPTION	AMOUNT
	10/23/02		1024	JACK SCHANG	EMPLOYEE T&E REIMBURSEMENT	345.45
	10/23/02		1028	KEVIN KELLY	EMPLOYEE T&E REIMBURSEMENT	20.00
					TOTAL	$               365.45
		You must create a separate list for eash bank account from which disbursements were made during the month.

EXHIBIT 99.2

UNITED STATES BANKRUPTCY COURT
EASTERN DISTRICT OF MICHIGAN

In the matter of:

Case Number: 02-63994-WS
Chapter 11

WPI Micro Processor Systems, Inc.
Debtor(s) Hon. Walter Shapero

STATEMENT OF DEBTOR IN POSSESSION
UNDER BANKR. R. PRO. 9011
For the month of October 12-27, 2002

The Debtor in Possession states:

Attached is a complete and accurate (check appropriate lines).

X   Balance Sheet

X   Profit and Loss Statement

X   Cash Receipts & Disbursements Report

X   Accounts Payable Aging Schedule

X   Taxes Payable/Insurance Schedule

X   Reconciled Bank Statement(s)

The statements contained within have been completed on a _______________________ CASH           X        
ACCRUAL BASIS. I understand that any false statement may subject me to sanctions as provided for in Bankr. R. Pro. 9011.

/s/ Kevin F. Kelly
Debtor in Possession

11/20/2002
    Date

A.  Mail the original to:
UNITED STATES BANKRUPTCY COURT
21ST FLOOR - COMERICA BUILDING
211 WEST FORT STREET
DETROIT, MICHIGAN 48226 Mail one copy of this report to:
OFFICE OF THE U.S. TRUSTEE
211 W. FORT STREET
SUITE 700
DETROIT, MICHIGAN 48226
Attn: John R. Kuhn

B.  Mail a copy of this report to each member of the Creditors' Committee (if any) and the attorney for the Creditors' Committee (if any).

U.S. DEPARTMENT OF JUSTICE
UNITED STATES TRUSTEE
EASTERN DISTRICT OF MICHIGAN

In the matter of:

Case Number: 02-63994-WS
Chapter 11

WPI Micro Processor Systems, Inc.
Debtor(s) Hon. Walter Shapero

AFFIRMATIONS
UNDER BANKR. R. PRO. 9011

As Debtor in Possession, I affirm:

1.   That the insurance, as described in section 5 of the Notice of Operating Instructions and Reporting Requirements, is in effect, and

2.   That all post petition taxes, as described in section 9 of the Notice of Operating Instructions and Reporting Requirements, are current.

3. No professional fees (accountant, attorneys, etc.) have been paid without specific court authorization. Explain below if not true.

I understand that any false statement may subject me to sanctions as provided for in Bankr. R. Pro. 9011.

/s/ Kevin F. Kelly
Debtor in Possession

11/20/2002
Date

Explanations:

WPI MICRO PROCESSOR SYSTEMS, INC.
BALANCE SHEET
AS OF OCTOBER 27, 2002
ASSETS
Current Assets
Checking-Standard Federal Payroll	3,316.10
Checking-Standard DIP	(9,976.20	)
BCI/Cambridge Escrow Account	1,349.30
Petty Cash	500.00		(4,810.80	)
Accounts Receivable	1,721,980.55
Accounts Receivable Accruals	9,862.28
Employee Receivable	20,084.19
Allowance for Doubtful Accounts	(77,000.00	)	1,674,927.02
Inventory - Finished Goods	87,119.04
Inventory - Raw Materials	800,996.31
Inventory - Reserve	(233,000.00	)	655,115.35
Prepaid Property Taxes	12,788.86
Prepaid Rent	24,300.21
Prepaid Contracts	12,245.94		49,335.01
Total Current Assets	2,374,566.58		2,374,566.58
Fixed Assets
Machinery & Equipment	135,025.88
Office Equipment	166,299.84
Tooling	12,280.00
Computer Hardware	828,169.47
Computer Software	414,541.80
Furniture & Fixtures	321,883.34
Leasehold Improvements	166,490.59		2,044,690.92
Accumulated Depreciation	(1,152,323.48	)	(1,152,323.48
Total Fixed Assets	892,367.44		892,367.44
Other Assets
Security Deposit	44,705.87
Total Other Assets	44,705.87		44,705.87
TOTAL ASSETS	3,311,639.89		3,311,639.89
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable-Pre Petition	1,317,360.47
Accounts Payable-Post Petition	129,085.46		1,446,445.93
Due To/From NEXIQ Corporate	(2,608,222.63	)
Due To/From NEXIQ DSI	2,111,342.19		(496,880.44	)
Deferred Revenue	41,132.55		41,132.55
Accrued Salaries	65,409.83
Accrued Vacation/Personal	37,388.82
Accrued Commissions	2,000.00
Accrued 401(k)Payable	3,061.99
Accrued FSA	2,705.32
Accrued Fringes	4,937.19		115,503.15
Accrued Sales & Use Tax	43.02
Accrued Royalties	43,749.79
Accrued Rent	18,110.00
Warranty Reserve	20,000.00		81,902.81
Total Current Liabilities	1,188,104.00		1,188,104.00
Total Liabilities	1,188,104.00		1,188,104.00
Equity
Common Stock	3,145,000.00		3,145,000.00
Retained Earnings-Prior	(851,402.28	)	(851,402.28	)
Net Income	(170,061.83	)	(170,061.83	)
Total Equity	2,123,535.89		2,123,535.89
TOTAL LIABILITIES & EQUITY	3,311,639.89		3,311,639.89

WPI MICRO PROCESSOR SYSTEMS, INC.
PROFIT AND LOSS STATEMENT
FOR THE PERIOD OF OCTOBER 12, 2002
TO OCTOBER 27, 2002
	10/12/02 to
	10/27/02
Income
4000-03 - Sales-Core	361,486.28
4200-05 - Sales-Etechnician	14,300.00
Total Income - Gross	375,786.28
4900-03 - Freight - Outgoing	4,453.05
4920-03 - Sales Adjustments	0.00
Total Income - Net	371,333.23
Cost of Sales
5000-03 - Direct Materials-Core	115,971.45
5000-05 - Direct Materials-Etechnician	13,901.11
5500-05 - Direct Labor	6,328.51
5600-05 - Overhead	38,354.67
Total Cost of Sales	174,555.74
Gross Profit	196,777.49
Operating Expenses
6000 - Wages	58,722.34
6005 - Premium Wages	(360.24	)
6015 - Auto Allowance	650.00
6020 - Fringes Misc	0.00
6025 - Tuition Assistance/Training	2,165.68
6060 - Vacation	(14,454.67	)
6065 - Personal	233.23
6100 - FICA	14,254.97
6105 - FUI	6.98
6110 - SUI	20.39
6120 - Labor Reclass to Cost of Sales	(9,128.18	)
6135 - Sales & Use Tax	1,518.63
6200 - Rent.	14,123.50
6210 - Supplies	1,004.03
6215 - Telephone	16,969.73
6220 - Electricity	3,018.35
6225 - Disposal	245.53
6230 - Water	0.00
6235 - Gas	495.35
6240 - Auto Expense	1,988.92
6245 - Travel Expense	3,198.14
6246 - Meals & Entertainment	614.27
6250 - Dues and Subscriptions	1,333.60
6260 - Contract Labor	4,400.00
6121 - Contract Labor - DSI	33,644.58
6300 - Medical Ins	15,553.50
6310 - Life Insurance	907.21
6320 - LT Disability	711.92
6330 - ST Disability	3,016.26
6350 - Property Taxes	2,707.93
6400 - Equipment Maintenance	5,064.28
6405 - Equipment Lease	7,663.94
6410 - Bank Fees	106.00
6415 - Legal	(830.04	)
6421 - Recruiting	830.04
6422 - Payroll Processing	567.67
6430 - Building Maintenance	1,397.90
6454 - Depreciation	30,787.00
6500 - Trade Show Booths	250.00
6500 - Telephone "1-800"	2,358.88
6510 - Commissions	4,000.00
6570 - Offsite Storage	303.80
6565 - Postage	607.56
6606 - Product Development/Pilots	7,889.51
6800 - Bad Debt Expense	2,000.00
Total Operating Expenses	220,558,49
Net Profit (Loss)	(23,781,00	)

U.S DEPARTMENT OF JUSTICE
UNITED STATES TRUSTEE
EASTERN DISTRICT OF MICHIGAN
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
TAXES PAYABLE SCHEDULE
POST PETITION
			Beginning				Payments/			Ending
			Balance		Additions		Deposits			Balance
Income Tax Withheld:
	Federal	$	—	$	20,968.30	$	(20,968.30	)	$	—
	State		0.00		4,930.21		(4,930.21	)		0.00
FICA Tax Withheld			0.00		7,341.68		(7,341.68	)		0.00
Employer's FICA Tax			0.00		7,341.70		(7,341.70	)		0.00
Unemployment Tax:
	Federal		0.00							0.00
	State		0.00							0.00
Sales Use & Excise Tax			0.00		43.02					43.02
Property Taxes			0.00							0.00
Accrued Income Tax:
	Federal		0.00							0.00
	State		0.00							0.00
Other: ___________________			0.00							0.00
	TOTALS	$	—	$	40,624.91	$	(40,581.89	)	$	43.02
TAXES PAYABLE SCHEDULE
			Policy Expiration Date				Premium Paid Through Date
Workers' Compensation			12/31/02				12/31/02
General Liability			11/30/02				11/30/02
Property			11/30/02				11/30/02
Vehicle			11/30/02				11/30/02
Other (list):
Directors and Officers Liability			09/30/03				03/31/03
Technology Errors & Omissions			06/30/03				12/31/02
Crime			01/31/03				01/31/03

SUMMARY OF POST PETITION ACCOUNTS PAYABLE AGING SCHEDULE
AS OF OCTOBER 27, 2002
				0 - 30		31 - 60		61 - 90		> 90
NAME OF CREDITOR		BALANCE		DAYS		DAYS		DAYS		DAYS
A & B RADIO & ALARM SYS	$	81.00	$	81.00	$	—	$	—	$	—
ADP, INC.		250.39		250.39
AETHER SYSTEMS,INC		227.70		227.70
ALBIN BUSINESS COPIERS		495.74		495.74
A LOW COST SELF STORAGE		467.23		467.23
AMERITECH		1,138.87		1,138.87
ASE-EDUCATIONAL FOUNDATIN		1,123.60		1,123.60
AT&T		4,127.58		4,024.94		102.64
AT&T TELECONFERENCE SRV		2,950.39		2,950.39
BALBOA CAPITAL CORPORATIN		273.92		273.92
BALBOA CAPITAL CORP-BULK		322.14		322.14
BLUE CROSS BLUE SHIELD		14,013.15		14,013.15
BLUE CARE NETWORK		8,177.47		8,177.47
CELLNET COMMUNICATIONS		10,364.80		10,364.80
CHUCK WRIGHT		25.61		25.61
CINGULAR INTERACTIVE-DEV		910.57		910.57
CINTAS		263.36		263.36
CITICAPITAL COMMERCIAL		496.50		295.99		200.51
CONSUMERS ENERGY		750.11		750.11
CUSTOM COFFEE SERVICE INC		36.13		36.13
DE CLARKS LANDSCAPING		1,319.00		1,319.00
DELTA DENTAL		2,942.85		2,942.85
DETROIT EDISON		3,195.71		3,195.71
DOT - XPECT FIRST AID		73.02		73.02
ERVIN LEASING		984.44		984.44
EXPANETS FINANCIAL		5,586.70		3,184.00		2,402.70
EXPANETS, INC.		73.92		73.92
EUREKA TECHNOCRATS,INC		4,400.00		4,400.00
FEDERAL EXPRESS CORP		92.68		92.68
FIRST FLEET CORPORATION		1,272.00		1,272.00
IDEALEASE, INC.		250.00		250.00
IMAGE-TEK EXHIBITS		96.77		96.77
KAREN FRANK		546.00		546.00
MOHAMMED UDDIN		6.00		6.00
LEDDS DEVELOPMENT COMPANY		34,063.06		34,063.06
MANUFACTURERS NEWS, INC.		298.00		298.00
M-CARE		15,015.23		15,015.23
MICHIGAN BUSINESS		100.00		100.00
MITCHELL REPAIR INFORMATI		1,760.93								1,760.93
PITNEY BOWES		46.05		46.05
PURCHASE POWER		1,035.77		15.77		1,020.00
RICHARD HAHN		104.62		104.62
SCOTT SPECIALTY GASES		23.06		23.06
SOCIETY OF HUMAN RESOURCE		260.00				260.00
STERLING HEIGHTS POST		150.00		150.00
UNUM		2,120.57		2,120.57
UNUM LIFE INSURANCE		498.80		498.80
UPS CUSTOMHOUSE BROKERAGE		61.50		61.50
UNITED PARCEL SERVICE		3,727.33		3,727.33
VERIO, INC. - 22		1,274.90		1,006.50		268.40
VISION SERVICE PLAN		983.99		983.99
WASTE MANAGEMENT		226.30		226.30
TOTALS	$	129,085.46	$	123,070.28	$	4,254.25	$	—	$	1,760.93

U.S DEPARTMENT OF JUSTICE
UNITED STATES TRUSTEE
EASTERN DISTRICT OF MICHIGAN
Case Name:	WPI Micro Processor Systems, Inc.
Case Number:	02-63994-WS
CASH RECEIPTS AND DISBURSEMENTS REPORT
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
		GENERAL ACCOUNT						PAYROLL		TAX
		Fleet		SFB		TOTAL		ACCOUNT		ACCOUNT
CASH ON HAND
BEGINNING OF PERIOD		0.00		376,065.18		376,065.18		11,414.46		0.00
RECEIPTS DURING THE
CURRENT PERIOD
(see attached schedule)		161,048.77		235,921.00		396,969.77		110,870.91		0.00
Balance Available		161,048.77		611,986.18		773,034.95		122,285.37		0.00
DISBURSEMENTS DURING
THE CURRENT PERIOD
(see attached schedule)		(161,048.77	)	(621,962.38	)	(783,011.15	)	(118,969.27	)	0.00
CASH ON HAND
END OF PERIOD		0.00		(9,976.20	)	(9,976.20	)	3,316.10		0.00
*** IMPORTANT ***
Please enter the TOTAL DISBURSEMENTS from all you accounts,
including cash and excluding transfers, onto the line below.This is
the number that will determine your quarterly fee payment.
		$   174,504.64

U.S DEPARTMENT OF JUSTICE
UNITED STATES TRUSTEE
EASTERN DISTRICT OF MICHIGAN
Case Name:		WPI Micro Processor Systems, Inc.
Case Number:		02-63994-WS
RECEIPTS LISTING
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
Bank:			Fleet Bank
Location:			111 Westminister Street, Providence, RI 02903
Account Name:			Nexiq Technologies Concentration Account
Account Number:			9358942298
	DATE
	RECEIVED		DESCRIPTION	AMOUNT
	10/15/02-10/25/02		A/R Deposits from WPI Micro Processor Systems	146,319.52
	10/24/02		Non A/R Deposits from WPI Micro Processor Systems	4,890.49
	Transfer		Transfers from Nexiq Technologies to cover wire transfers	9,838.76
			TOTAL	$    161,048.77
Receipts may be identified by major categories. It is not necessary to list each transaction
separately by name and customer or invoice number. You must, however, create a separate list
for each bank account to which receipts were deposited during the month.

U.S DEPARTMENT OF JUSTICE
UNITED STATES TRUSTEE
EASTERN DISTRICT OF MICHIGAN
Case Name:		WPI Micro Processor Systems, Inc.
Case Number:		02-63994-WS
RECEIPTS LISTING
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
Bank:			Standard Federal Bank
Location:			40950 Van Dyke Avenue, Sterling Heights, MI 48313
Account Name:			Nexiq Technologies Debtor In Possession
Account Number:			3664000599
	DATE
	RECEIVED		DESCRIPTION	AMOUNT
	10/16/02-10/17/02		A/R Deposits from WPI Micro Processor Systems	194,531.54
	Transfer		Transfers from WPI Micro Processor Systems Payroll	1,389.46
	Transfer		Transfer from Nexiq Technologies to cover checks written	40,000.00
			TOTAL	$     235,921.00
Receipts may be identified by major categories. It is not necessary to list each transaction
separately by name and customer or invoice number. You must, however, create a separate list
for each bank account to which receipts were deposited during the month.

	U. S. DEPARTMENT OF JUSTICE UNITED STATES TRUSTEE EASTERN DISTRICT OF MICHIGAN
Case Name:	WPI Micro Processor Systems, Inc.
Case Number:	02-63994-WS
Bank:	Standard Federal Bank
Location	40950 Van Dyke Avenue, Sterling Heights, MI 48313
Account Name:	Nexiq Technologies Debtor In Possession
Account Number:	5607110490
DATE
RECEIVED	DESCRIPTION	AMOUNT
Transfer	Transfer from Fleet - Biweekly payroll for period ended 10/20/02	110,870.91
	TOTAL	$          110,870.91
Receipts may be identified by major categories.  It is not necessary to list each transaction separately by name and customer or invoice number. You must, however, create a separate list for each bank account to which receipts were deposited during the month.

U.S DEPARTMENT OF JUSTICE
UNITED STATES TRUSTEE
EASTERN DISTRICT OF MICHIGAN
Case Name:		WPI Micro Processor Systems, Inc.
Case Number:		02-63994-WS
DISBURSEMENTS LISTING
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
Bank:			Fleet Bank
Location:			111 Westminster Street, Providence, RI 02903
Account Name:			Nexiq Technologies Debtor In Possession
Account Number:			9358942298
	DATE	CHECK
	DISBURSED	NUMBER	PAYEE	DESCRIPTION	AMOUNT
	10/22/02	Wire	NORTECH SYSTEMS	INVENTORY	5,339.70
	10/24/02	Wire	FEDERAL EXPRESS	SHIPPING - $1,500 deposit	1,500.00
	10/24/02	Wire	NORTECH SYSTEMS	INVENTORY	2,999.06
	10/15/02-10/25/02	Transfer	Nexiq Technologies	Deposit commingled with other funds	146,319.52
	10/24/02	Transfer	Nexiq Technologies	Deposit commingled with other funds	4,890.49
				TOTAL	$                  161,048.77
	You must create a separate list for each bank account from which disbursements were made during the month.

U.S DEPARTMENT OF JUSTICE UNITED STATES TRUSTEE EASTERN DISTRICT OF MICHIGAN
Case Name:		WPI Micro Processor Systems, Inc.
Case Number:		02-63994-WS
DISBURSEMENTS LISTING
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
Bank:			Standard Federal Bank
Location:			40950 Van Dyke Avenue, Sterling Heights, MI 48313
Account Name:			Nexiq Technologies Debtor In Possession
Account Number:			3664000599
	DATE	CHECK
	DISBURSED	NUMBER	PAYEE	DESCRIPTION	AMOUNT
	10/22/02	Transfer	Diversified Software Industries	Checks written	2,824.68
	10/23/02	Transfer	Nexiq Technologies	Checks written	365.45
	10/22/02	Transfer	Nexiq Technologies	Transfer to Nexiq Technologies	571,686.18
	10/18/02	1001	COSTELLO IMAGE GRAPHICS	INVENTORY	1,235.70
	10/21/02	1002	LEADING EDGE	INVENTORY	1,430.00
	10/21/02	1003	LECTRONICS	INVENTORY	7,825.00
	10/21/02	1005	DEBRON	INVENTORY	2,505.00
	10/22/02	1006	CDW COMPUTERS CENTERS	INVENTORY	415.28
	10/22/02	1007	PLYMOUTH PACKAGING	INVENTORY	1,348.00
	10/22/02	1008	THE DARSON CORPORATION	INVENTORY	46.00
	10/23/02	1018	LECTRONICS	INVENTORY	2,790.00
	10/23/02	1019	BRIAN YAX	T&E REIMBURSEMENT	58.40
	10/23/02	1020	BRIAN HIMANEK	T&E REIMBURSEMENT	92.52
	10/23/02	1021	CHET TARAS	T&E REIMBURSEMENT	140.67
	10/23/02	1022	DONNA TOMASSI	T&E REIMBURSEMENT	640.00
	10/23/02	1023	GEORGE LANG	T&E REIMBURSEMENT	125.00
	10/23/02	1025	JAMES KUNTZ	T&E REIMBURSEMENT	1,500.00
	10/23/02	1026	JAMIE SURA	T&E REIMBURSEMENT	1,841.47
	10/23/02	1027	KEN TURNER	T&E REIMBURSEMENT	262.44
	10/23/02	1029	MARLA CENTOFANTI	T&E REIMBURSEMENT	13.96
	10/23/02	1030	MICHAEL KAPOLKA	T&E REIMBURSEMENT	662.54
	10/23/02	1031	MICHAEL LAMBIE	T&E REIMBURSEMENT	563.16
	10/23/02	1032	MOHAMMED UDDIN	T&E REIMBURSEMENT	27.39
	10/23/02	1033	RICH HAHN	T&E REIMBURSEMENT	113.08
	10/23/02	1034	STATE OF MICHIGAN	SALES & USE TAX	76.02
	10/23/02	1035	THOMAS KOTENKO	T&E REIMBURSEMENT	341.25
	10/23/02	1036	TOM CARTER	T&E REIMBURSEMENT	387.53
	10/24/02	1039	CDW COMPUTER CENTERS	INVENTORY	132.51
	10/24/02	1041	COSTELLO IMAGE	INVENTORY	886.13
	10/24/02	1042	DATACOMM CABLES	INVENTORY	358.50
	10/24/02	1043	KAM PATEL	T&E REIMBURSEMENT	45.00
	10/24/02	1044	LEADING EDGE	INVENTORY	586.00
	10/24/02	1045	LECTRONICS, INC.	INVENTORY	1,612.50
	10/24/02	1046	BOB JENSEN	T&E REIMBURSEMENT	622.70
	10/24/02	1047	BRIAN HIMANEK	T&E REIMBURSEMENT	102.20
	10/24/02	1048	CHET TARAS	T&E REIMBURSEMENT	181.88
	10/24/02	1049	DATACOMM CABLES	INVENTORY	340.00
	10/24/02	1050	G & P CLEANING	BUILDING CLEANING	375.00
	10/25/02	1051	DIGI - KEY CORPORTATION	PC CARD EJECTOR - ENG	59.60
	10/25/02	1052	GEORGE LANG	T&E REIMBURSEMENT	62.00
	10/25/02	1053	GREG MEYER	T&E REIMBURSEMENT	1,056.79
	10/25/02	1054	JAMIE SURA	T&E REIMBURSEMENT	235.39
	10/25/02	1055	MICHAEL LAMBIE	T&E REIMBURSEMENT	179.38
	10/25/02	1057	CONTINENTAL CARTON	BOXES	408.68
	10/25/02	1058	COSTELLO IMAGE	INVENTORY	133.90
	10/25/02	1059	DEBRON	INVENTORY	4,175.00
	10/25/02	1060	HI TECH SALES	INVENTORY	1,844.00
	10/25/02	1061	LEADING EDGE	INVENTORY	520.00
	10/25/02	1062	LECTRONICS, INC.	INVENTORY	8,662.50
			Standard Federal Bank	Bank Fee	66.00
				TOTAL	$621,962.38
You must create a separate list for eash bank account from which disbursements were made during the month.

		U. S. DEPARTMENT OF JUSTICE UNITED STATES TRUSTEE EASTERN DISTRICT OF MICHIGAN
Case Name:	WPI Micro Processor Systems, Inc.
Case Number:	02-63994-WS
Bank:		Standard Federal Bank
Location:		40950 Van Dyke Avenue, Sterling Heights, MI 48313
Account Name:		Nexiq Technologies Debtor In Possession
Account Number:		5607110490
DATE	CHECK
DISBURSED	NUMBER	PAYEE	DESCRIPTION	AMOUNT
10/24/02	Wires	All Employees	Payroll for Biweekly period ended 10/20/02	117,579.81
	Transfer	WPI Micro Processor Systems	Transfers to WPI Micro Processor Systems General	1,389.46
			TOTAL	$  118,969.27
You must create a separate list for each bank account from which disbursements were made during the month.

EXHIBIT 99.3

UNITED STATES BANKRUPTCY COURT
EASTERN DISTRICT OF MICHIGAN

In the matter of:

Case Number: 02-63998-WS
Chapter 11

Diversified Software Industries, Inc. Debtor(s) Hon. Walter Shapero

STATEMENT OF DEBTOR IN POSSESSION
UNDER BANKR. R. PRO. 9010
For the month of October 12-27, 2002

The Debtor in Possession states:

Attached is a complete and accurate (check appropriate lines).

X   Balance Sheet

X   Profit and Loss Statement

X   Cash Receipts & Disbursements Report

X   Accounts Payable Aging Schedule

X   Taxes Payable/Insurance Schedule

X Reconciled Bank Statement(s)

The statements contained within have been completed on a _______________________ CASH XACCRUAL BASIS. I understand that any false statement may subject me to sanctions as provided for in Bankr. R. Pro. 9011.

/s/ Kevin F. Kelly
Debtor in Possession

11/20/2002
   Date

A. Mail the original to:
UNITED STATES BANKRUPTCY COURT
21ST FLOOR - COMERICA BUILDING
211 WEST FORT STREET
DETROIT, MICHIGAN 48226 Mail one copy of this report to:
OFFICE OF THE U.S. TRUSTEE
211 W. FORT STREET
SUITE 700
DETROIT, MICHIGAN 48226
Attn: John R. Kuhn

B. Mail a copy of this report to each member of the Creditors' Committee (if any) and the attorney for the Creditors' Committee (if any).

U.S. DEPARTMENT OF JUSTICE
UNITED STATES TRUSTEE
EASTERN DISTRICT OF MICHIGAN

In the matter of:

Case Number: 02-63998-WS
Chapter 11

Diversified Software Industries, Inc. Debtor(s) Hon. Walter Shapero

AFFIRMATIONS
UNDER BANKR. R. PRO. 9011

As Debtor in Possession, I affirm:

1.  That the insurance, as described in section 5 of the Notice of Operating Instructions and Reporting Requirements, is in effect, and

2.   That all post petition taxes, as described in section 9 of the Notice of Operating Instructions and Reporting Requirements, are current.

3.  No professional fees (accountant, attorneys, etc.) have been paid without specific court authorization. Explain below if not true.

I understand that any false statement may subject me to sanctions as provided for in Bankr. R. Pro. 9011.

/s/ Kevin F. Kelly
Debtor in Possession

11/20/2002
   Date

Explanations:

DIVERSIFIED SOFTWARE INDUSTRIES, INC.
BALANCE SHEET
AS OF OCTOBER 27, 2002
ASSETS
Current Assets
Checking-Hawkeye State Bank	300.00
Checking-FSA	1,044.12		1,344.12
Accounts Receivable	407,879.94
Allowance for Doubtful Accounts	(23,500.00	)	384,379.94
Employee Advance	410.22
Prepaid Contracts	5,711.36
Prepaid Rent	1,700.51
Prepaid Other	221.69		8,043.78
Total Current Assets	393,767.84		393,767.84
Fixed Assets
Automobile	50,644.19
Computer Hardware	266,889.19
Computer Software	81,170.21
Furniture & Equipment	440,217.90
Leasehold Improvements	118,621.71		957,543.20
Accumulated Depreciation	(392,964.30	)	(392,964.30	)
Total Fixed Assets	564,578.90		564,578.90
Other Assets
Patent	16,320.92
Security Deposit	29,332.57
Deposits-Utilities	1,300.00
Total Other Assets	46,953.49		46,953.49
TOTAL ASSETS	1,005,300.23		1,005,300.23
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable-Pre Petition	127,376.49
Accounts Payable-Post Petition	15,673.56		143,050.05
Due To/From NEXIQ Corporate	3,643,624.37
Due To/From NEXIQ Detroit	(2,111,342.19	)	1,532,282.18
Deferred Revenue	194,489.42		194,489.42
Accrued Salaries	59,677.56
Accrued Severance	7,084.07
Accrued Payroll Other	49,311.21
Accrued FSA	961.24
Accrued Fringes	640.00		117,674.08
Total Current Liabilities	1,987,495.73		1,987,495.73
Long Term Liabilities
TIF Grant	74,000.00
CEBA Grant	103,094.42		177,094.42
Total Long Term Liabilities	177,094.42		177,094.42
Total Liabilities	2,164,590.15		2,164,590.15
Equity
Owner's Equity-Opening	26,455.95
Owner's Equity-Other	2,862,799.32		2,889,255.27
Retained Earnings-DSI	(4,116,277.62	)	(4,116,277.62	)
Net Income	67,732.43		67,732.43
Total Equity	(1,159,289.92	)	(1,159,289.92	)
TOTAL LIABILITIES & EQUITY	1,005,300.23		1,005,300.23

DIVERSIFIED SOFTWARE INDUSTRIES, INC.
PROFIT AND LOSS STATEMENT
FOR THE PERIOD OF OCTOBER 12, 2002
TO OCTOBER 27, 2002
	10/12/02 to
	10/27/02
Income
4000-04 - Consulting-Core	78,082.35
4100-04 - Licenses-ePod	8,000.00
4000-05 - Consulting-IVIS	82,314.58
4100-05 - Licenses-IVIS SDK	27,500.00
4010-05 - Intercompany-Telematics	33,644.58
Total Income	229,541.51
Operating Expenses
6000 - Salaries	93,336.26
6020 - Fringes Misc	640.00
6060 - Vacation	12,768.88
6100 - FICA	6,201.28
6110 - SUI	0.64
6200 - Rent.	(1,232.88	)
6210 - Supplies	(40.42	)
6215 - Telephone	2,152.88
6220 - Electricity	387.60
6230 - Water	258.17
6235 - Gas	82.03
6240 - Auto Expense	(92.17	)
6245 - Travel Expense	258.79
6246 - Meals & Entertainment	107.62
6300 - Medical Ins	(3,809.73	)
6310 - Disability/Life	(13.25	)
6400 - Equipment Maintenance	633.91
6410 - Bank Fees	31.00
6422 - Payroll Processing	232.88
6430 - Building Maintenance	131.25
6454 - Depr	14,276.41
6565 - Postage	81.10
6606 - Product Development	(1,303.82	)
8000 - Interest Expense	1,350.50
Total Expenses	126,438.93
Net Profit (Loss)	103,102.58

SUMMARY OF POST PETITION ACCOUNTS PAYABLE AGING SCHEDULE
AS OF OCTOBER 27, 2002
		0 - 30		31 - 60		61 - 90		> 90
NAME OF CREDITOR		DAYS		DAYS		DAYS		DAYS		BALANCE
ADP	$	232.88	$	—	$	—	$	—	$	232.88
Cingular Interactive				41.94						41.94
City of Coralville		43.02								43.02
Freeman Lock				66.12						66.12
Giant				258.06						258.06
Janitorial Resources		131.25								131.25
Jay Lash-Reimb		734.71								734.71
Linn County REC		1,687.60								1,687.60
MidAmerican Energy		36.84								36.84
PR Newswire				310.00						310.00
Provident						15.13				15.13
Qwest				151.92						151.92
Ron Stahlberg-Reimb				942.58						942.58
Shelle Youngblut-Reimb										0.00
South Slope				698.46						698.46
Sprint		80.69								80.69
Sprint PCS		395.69		53.99						449.68
UNUM Life Insurance				1,008.05						1,008.05
Venture One, L.C.				8,502.53						8,502.53
Verizon Wireless		234.70								234.70
Waste Management				47.40						47.40
TOTALS	$	3,577.38	$	12,081.05	$	15.13	$	—	$	15,673.56

U.S DEPARTMENT OF JUSTICE
UNITED STATES TRUSTEE
EASTERN DISTRICT OF MICHIGAN
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
TAXES PAYABLE SCHEDULE
POST PETITION
			Beginning				Payments/			Ending
			Balance		Additions		Deposits			Balance
Income Tax Withheld:
	Federal	$	—	$	6,472.93	$	(6,472.93	)	$	—
	State		0.00		2,750.99		(2,750.99	)		0.00
FICA Tax Withheld			0.00		3,656.40		(3,656.40	)		0.00
Employer's FICA Tax			0.00		3,656.44		(3,656.44	)		0.00
Unemployment Tax:
	Federal		0.00							0.00
	State		0.00		0.32		(0.32	)		0.00
Sales Use & Excise Tax			0.00							0.00
Property Taxes			0.00							0.00
Accrued Income Tax:
	Federal		0.00							0.00
	State		0.00							0.00
Other: ___________________			0.00							0.00
	TOTALS	$	—	$	16,537.08	$	(16,537.08	)	$	—
TAXES PAYABLE SCHEDULE
			Policy Expiration Date				Premium Paid Through Date
Workers' Compensation			12/31/02				12/31/02
General Liability			11/30/02				11/30/02
Property			11/30/02				11/30/02
Vehicle			11/30/02				11/30/02
Other (list):
Directors and Officers Liability			09/30/03				03/31/03
Technology Errors & Omissions			06/30/03				12/31/02
Crime			01/31/03				01/31/03

U.S DEPARTMENT OF JUSTICE UNITED STATES TRUSTEE EASTERN DISTRICT OF MICHIGAN
Case Name:	Diversified Software Industries, Inc.
Case Number:	02-63998-WS
CASH RECEIPTS AND DISBURSEMENTS REPORT
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
		GENERAL ACCOUNT						PAYROLL		TAX
		Fleet		SFB		TOTAL		ACCOUNT		ACCOUNT
CASH ON HAND
BEGINNING OF PERIOD		0.00		0.00		0.00		249,508.74		0.00
RECEIPTS DURING THE
CURRENT PERIOD
(see attached schedule)		11,156.57		2,824.68		13,981.25		56,471.33		0.00
Balance Available		11,156.57		2,824.68		13,981.25		305,980.07		0.00
DISBURSEMENTS DURING
THE CURRENT PERIOD
(see attached schedule)		(11,156.57	)	(2,824.68	)	(13,981.25	)	(305,680.07	)	0.00
CASH ON HAND
END OF PERIOD		0.00		0.00		0.00		300.00		0.00
*** IMPORTANT ***
Please enter the TOTAL DISBURSEMENTS from all you accounts,
including cash and excluding transfers, onto the line below. This is
the number that will determine your quarterly fee payment.
		$   59,311.01

U.S DEPARTMENT OF JUSTICE UNITED STATES TRUSTEE EASTERN DISTRICT OF MICHIGAN
Case Name:		Diversified Software Industries, Inc.
Case Number:		02-63998-WS
RECEIPTS LISTING
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
Bank:			Fleet Bank
Location:			111 Westminister Street, Providence, RI 02903
Account Name:			Nexiq Technologies Concentration Account
Account Number:			9358942298
	DATE
	RECEIVED		DESCRIPTION	AMOUNT
	10/15/02-10/22/02		DSI Accounts Receivable deposit	8,040.00
	10/22/02		DSI Non A/R - Refund check - Delta Dental	3,056.12
	10/22/02		DSI Non A/R - COBRA check	60.45
			TOTAL	$            11,156.57
Receipts may be identified by major categories. It is not necessary to list each transaction
separately by name and customer or invoice number. You must, however, create a separate list
for each bank account to which receipts were deposited during the month.

U.S DEPARTMENT OF JUSTICE UNITED STATES TRUSTEE EASTERN DISTRICT OF MICHIGAN
Case Name:		Diversified Software Industries, Inc.
Case Number:		02-63998-WS
RECEIPTS LISTING
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
Bank:			Standard Federal Bank
Location:			40950 Van Dyke Avenue, Sterling Heights, MI 48313
Account Name:			Nexiq Technologies Debtor In Possession
Account Number:			3664000599
	DATE
	RECEIVED		DESCRIPTION	AMOUNT
	Transfer		Transfer from WPI Micro Processor Systems to cover checks written	2,824.68
			TOTAL	$            2,824.68
Receipts may be identified by major categories. It is not necessary to list each transaction
separately by name and customer or invoice number. You must, however, create a separate list
for each bank account to which receipts were deposited during the month.

U.S DEPARTMENT OF JUSTICE UNITED STATES TRUSTEE EASTERN DISTRICT OF MICHIGAN
Case Name:		Diversified Software Industries, Inc.
Case Number:		02-63998-WS
RECEIPTS LISTING
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
Bank:			Hawkeye State Bank
Location:			299 S. Dubuque Street, Iowa City, IA 52240
Account Name:			Diversified Software Industries Payroll Account
Account Number:			044644
	DATE
	RECEIVED		DESCRIPTION	AMOUNT
	Transfer		Transfer from Fleet - Biweekly payroll for period ended 10/20/02	56,471.33
			TOTAL	$              56,471.33
Receipts may be identified by major categories. It is not necessary to list each transaction
separately by name and customer or invoice number. You must, however, create a separate list
for each bank account to which receipts were deposited during the month.

U.S DEPARTMENT OF JUSTICE
UNITED STATES TRUSTEE
EASTERN DISTRICT OF MICHIGAN
Case Name:		Diversified Software Industries, Inc.
Case Number:		02-63998-WS
DISBURSEMENTS LISTING
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
Bank:
			Hawkeye State Bank
Location:			299 S. Dubuque Street, Iowa City, IA 52240
Account Name:			Diversified Software Industries Payroll Account
Account Number:			044644
	DATE	CHECK
	DISBURSED	NUMBER	PAYEE	DESCRIPTION	AMOUNT
	10/21/02	Transfer	Nexiq Technologies	Wire transfer to Fleet Bank - Nexiq Concentration	249,193.74
	10/21/02	Wires	Hawkeye State Bank	Wire transfer fee	15.00
	10/24/02	Wires	All Employees	Payroll for Biweekly period ended 10/20/02	56,471.33
				TOTAL	$      305,680.07
You must create a separate list for eash bank account from which disbursements were made during the month.

U.S DEPARTMENT OF JUSTICE
UNITED STATES TRUSTEE
EASTERN DISTRICT OF MICHIGAN
Case Name:			Diversified Software Industries, Inc.
Case Number:			02-63998-WS
DISBURSEMENTS LISTING
FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
Bank:				Standard Federal Bank
Location:				40950 Van Dyke Avenue, Sterling Heights, MI 48313
Account Name:				Nexiq Technologies Debtor In Possession
Account Number:				3664000599
	DATE		CHECK
	DISBURSED		NUMBER	PAYEE	DESCRIPTION	AMOUNT
	10/22/02		75.13	DEBRA DROLL	EMPLOYEE T&E REIMBURSEMENT	75.13
	10/22/02		30.11	GREGORY DILS	EMPLOYEE T&E REIMBURSEMENT	30.11
	10/22/02		99.02	JAMES GRIFFIN	EMPLOYEE T&E REIMBURSEMENT	99.02
	10/22/02		292.65	JAY LASH	EMPLOYEE T&E REIMBURSEMENT	292.65
	10/22/02		33.14	JOSHUA DRUM	EMPLOYEE T&E REIMBURSEMENT	33.14
	10/22/02		1,446.68	RONALD STAHLBERG	EMPLOYEE T&E REIMBURSEMENT	1,446.68
	10/22/02		21.59	ROSHELLE YOUNGBLUT	EMPLOYEE T&E REIMBURSEMENT	21.59
	10/22/02		826.36	TREASURER, STATE OF IA	SALES & USE TAX	826.36
					TOTAL	$               2,824.68
		You must create a separate list for eash bank account from which disbursements were made during the month.

		U. S. DEPARTMENT OF JUSTICE UNITED STATES TRUSTEE EASTERN DISTRICT OF MICHIGAN
Case Name:	Diversified Software Industries, Inc.
Case Number:	02-63998-WS
			DISBURSEMENTS LISTING
			FOR THE PERIOD OF OCTOBER 12, 2002 TO OCTOBER 27, 2002
		Fleet Bank
		111 Westminister Street, Providence, RI 02903
		Nexiq Technologies Concentration Account
		9358942298
DATE	CHECK
DISBURSED	NUMBER	PAYEE	DESCRIPTION	AMOUNT
10/15/02	Transfer	Nexiq Technologies	Transfer - deposit comingled with other funds	8,000.00
10/22/02	Transfer	Nexiq Technologies	Transfer - deposit comingled with other funds	3,156.57
			TOTAL	$                  11,156.57