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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                   FORM 10-Q/A

                                 Amendment No. 1

  X         QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
- ------      SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended:      September 30, 1997

- ------      TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
            THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ________________ to ______________


                           Commission File No. 0-20190


                              BITWISE DESIGNS, INC.
        (Exact name of small business issuer as specified in its charter)


     Delaware                                                 14-1673067
(State or other jurisdiction of                            (I.R.S.Employer
 incorporation or organization)                         Identification No.)

 Technology Center, Rotterdam Industrial Pk,Schenectady,NY,      12306 
(Address of principal executive offices)                       (Zip Code)

Registrant's telephone number, including area code:         (518) 356-9740

- ------------------------------------------------------------------------------ 
              Former name, former address and former fiscal year,
                         if changed since last report.


      Indicate by check mark whether the issuer (1) filed all reports required
to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months
(or for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the past 90
days.


                    Yes X                No 
                       ------               ------
      7,369,720 shares of Common Stock, par value $.001 per share, were
outstanding at November 7, 1997.


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        This Amendment to Form 10QSB has been filed solely to correct the
filing from a Report on Form 10QSB to a Report on Form 10Q. Commencing with the
quarter ending September 30, 1997, Bitwise Designs, Inc. is subject to
reporting under Securities and Exchange Commission Regulation S-K and is no
longer a small business issuer. There have been no other changes to reports on
Form 10Q as previously filed.




                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Form 10Q Amendment No. 1 to be signed on its 
behalf by the undersigned thereunto duly authorized.



                                   BITWISE DESIGNS INCORPORATED

April 29, 1998                     /s/ John T. Botti
- -----------------------------      -----------------
  DATE                             JOHN T. BOTTI
                                   PRESIDENT & CHIEF EXECUTIVE OFFICER

                                   /s/ Dennis H. Bunt
                                   ------------------
                                   DENNIS H. BUNT
                                   CHIEF FINANCIAL OFFICER


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