-----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,
 Ue8Pcz8q568+3WU91LXJ/JRF9+k2VoiUB7n6hC2yoDAtIYk32lE7yXDOtKvvKv49
 EZzbD/4/xbkX1LQBGT/zyg==

<SEC-DOCUMENT>0000950144-02-005185.txt : 20020513
<SEC-HEADER>0000950144-02-005185.hdr.sgml : 20020513
ACCESSION NUMBER:		0000950144-02-005185
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20020510
ITEM INFORMATION:		Changes in registrant's certifying accountant
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		20020513

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTELLIGENT SYSTEMS CORP
		CENTRAL INDEX KEY:			0000320340
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-HOSPITALS [8060]
		IRS NUMBER:				581964787
		STATE OF INCORPORATION:			GA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09330
		FILM NUMBER:		02643148

	BUSINESS ADDRESS:	
		STREET 1:		4355 SHACKLEFORD RD
		CITY:			NORCROSS
		STATE:			GA
		ZIP:			30093
		BUSINESS PHONE:		4043812900

	MAIL ADDRESS:	
		STREET 1:		4355 SHACKLEFORD ROAD
		CITY:			NORCROSS
		STATE:			GA
		ZIP:			30093
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>g76259e8-k.htm
<DESCRIPTION>INTELLIGENT SYSTEMS CORPORATION
<TEXT>
<HTML>
<HEAD>
<TITLE>Intelligent Systems Corporation</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<P align="center"><FONT size="2">SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</FONT>

<P align="center"><FONT size="2"><B>FORM 8-K</B></font>

<P align="center"><FONT size="2"><B>Current Report<BR>
Pursuant to Section&nbsp;13 or 15(d) of the<BR>
Securities Exchange Act of 1934</B></FONT>

<P align="center"><FONT size="2">Date of Report (Date of earliest event reported): May&nbsp;10, 2002</FONT>

<P align="center"><FONT size="2"><B>INTELLIGENT SYSTEMS CORPORATION</B></font>
<div align="center"><hr size="1" noshade></div>
<div align="center"><FONT size="2">(Exact name of Registrant as specified in its charter)</FONT></div>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="30%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="30%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="30%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align="center" valign="top"><FONT size="2"><B>Georgia</B></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">
<B>1-9330</B>
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2"><B>58-1964787</B></FONT></TD>
</TR>

<TR valign="bottom">
        <TD align="center" valign="top"><FONT size="2">(State or other jurisdiction<BR>
of incorporation or organization)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">
Commission file number
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">(I.R.S. Employer<BR>
Identification No.)</FONT></TD>
</TR>
</TABLE>
</CENTER>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="45%">&nbsp;</TD>
        <TD width="10%">&nbsp;</TD>
        <TD width="45%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align="center" valign="top"><FONT size="2"><B>4355 Shackleford Road, Norcross, Georgia</B></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">
<B>30093</B></FONT></TD>
</TR>
<tr valign="bottom">
<td align="center" valign="top" colspan="3"><font size="2"><hr size="1" noshade></font></td>
</tr>
<TR valign="bottom">
        <TD align="center" valign="top"><FONT size="2">(Address of principal executive offices)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">
(Zip Code)</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="center"><FONT size="2">Registrant&#146;s telephone number, including area code: <B>(770)&nbsp;381-2900</B></FONT>

<P align="center"><FONT size="2"><B>NOT APPLICABLE</B><BR>
(Former Name or Former Address, if Changed Since Last Report)</FONT>

<P align="center"><FONT size="2">&nbsp;</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<!-- link1 "ITEM 4. CHANGES IN REGISTRANT&#146;S CERTIFYING ACCOUNTANT" -->
<DIV align="left"><A NAME="000"></A></DIV>
<P align="left"><FONT size="2"><B>ITEM 4. CHANGES IN REGISTRANT&#146;S CERTIFYING ACCOUNTANT</B></FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On May&nbsp;10, 2002 the Board of Directors of Intelligent Systems Corporation
(&#147;Intelligent Systems&#148;), upon the recommendation of its Audit Committee,
dismissed its independent accountants, Arthur Andersen LLP (&#147;Andersen&#148;).
Intelligent Systems intends to evaluate proposals from other accounting firms
to serve as Intelligent Systems&#146; independent accountants for its fiscal year
ending December&nbsp;31, 2002 and expects to make a decision in early June 2002.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The audit reports issued by Andersen on the consolidated financial
statements of Intelligent Systems Corporation as of and for the fiscal years
ended December&nbsp;31, 2001 and December&nbsp;31, 2000 did not contain any adverse
opinion or disclaimer of opinion, nor were they qualified or modified as to
uncertainty, audit scope or accounting principles.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During Intelligent Systems&#146; two most recent fiscal years and through the
date of this Form&nbsp;8-K, there were no disagreements between Intelligent Systems
and Andersen on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which, if not resolved to
Andersen&#146;s satisfaction, would have caused Andersen to make reference to the
subject matter of the disagreements in connection with its reports on
Intelligent Systems&#146;s consolidated financial statements for such periods, nor
have there been any reportable events as listed in Item&nbsp;304 (a)(1)(v) of
Regulation&nbsp;S-K.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intelligent Systems provided Andersen with a copy of the foregoing
disclosures, and a letter from Andersen confirming its agreement with these
disclosures is attached as Exhibit&nbsp;16.1 to this report.
</FONT>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During Intelligent Systems&#146; two most recent fiscal years and through the
date of this Form&nbsp;8-K, Intelligent Systems has not consulted with any other
auditor with respect to any of the matters or reportable events set forth in
Item&nbsp;304(a)(2)(i) and (ii)&nbsp;of Regulation&nbsp;S-K.
</FONT>
<P align="center"><FONT size="2">2</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<!-- link1 "ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS" -->
<P align="left"><FONT size="2"><B>ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS</B></FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp; Exhibits
</FONT>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="95%">
<TR valign="bottom">
        <TD width="100%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">16.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Letter from Arthur Andersen, LLP dated May&nbsp;10, 2002</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">99.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Press release dated May&nbsp;13, 2002</FONT></TD>
</TR>
</TABLE>
</CENTER>
<!-- link1 "SIGNATURE" -->
<P align="center"><FONT size="2">SIGNATURE</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
</FONT>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="20%">&nbsp;</TD>
        <TD width="40%">&nbsp;</TD>
        <TD width="40%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">Date: May&nbsp;13, 2002</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
INTELLIGENT SYSTEMS CORPORATION<BR>
(Registrant)</FONT></TD>
</TR>
<tr><td>&nbsp;</td></tr>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
/s/ Bonnie L. Herron</FONT></TD>
</TR>
<TR>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2"><HR size="1" noshade></FONT></TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">By:&nbsp;&nbsp;&nbsp;Bonnie L. Herron<br>
Chief Financial Officer</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="center"><FONT size="2"><B>Exhibit&nbsp;Index</B></FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="5%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="93%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="1"><B>Exhibit Number</B></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Description</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD><HR size="1" noshade></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
        <TD valign="top" align="center"><FONT size="2">16.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Letter from Arthur Andersen LLP dated May&nbsp;10, 2002</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top" align="center"><FONT size="2">99.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Press release dated May&nbsp;13, 2002</FONT></TD>
</TR>
</TABLE>
</CENTER>

<P align="center"><FONT size="2">3</FONT>
</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-16.1
<SEQUENCE>3
<FILENAME>g76259ex16-1.htm
<DESCRIPTION>LETTER FROM ARTHUR ANDERSEN LLP DATED MAY 10, 2002
<TEXT>
<HTML>
<HEAD>
<TITLE>ex16-1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<P align="left"><FONT size="2">Exhibit&nbsp;16.1</FONT>

<P align="left"><FONT size="2">Office of the Chief Accountant<br>
Securities and Exchange Commission<br>
450 Fifth Street, N.W.<br>
Washington, D.C. 20549</FONT>

<P align="left"><FONT size="2">May&nbsp;10, 2002</FONT>

<P align="left"><FONT size="2">Dear Sir/Madam:</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We have read the first four (4)&nbsp;paragraphs of Item&nbsp;4 included in the Form
8-K dated May&nbsp;10, 2002 of Intelligent Systems Corporation to be filed with the
Securities and Exchange Commission and are in agreement with the statements
contained therein.
</FONT>
<P align="left"><FONT size="2">Very truly yours,</FONT>

<P align="left"><FONT size="2">/s/Arthur Andersen LLP</FONT>

<P align="left"><FONT size="2">Arthur Andersen LLP</FONT>

<P align="center"><FONT size="2">4</FONT>
</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>4
<FILENAME>g76259ex99-1.htm
<DESCRIPTION>PRESS RELEASE DATED MAY 13, 2002
<TEXT>
<HTML>
<HEAD>
<TITLE>ex99-1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<P align="left"><FONT size="2">Exhibit&nbsp;99.1</FONT>

<P align="left"><FONT size="2"><B><u>FOR IMMEDIATE RELEASE</u></B><br>
For further information, call<br>
Bonnie Herron, 770/564-5504<br>
or email to <u>bherron@intelsys.com</u></FONT>

<P align="center"><FONT size="2"><B>INTELLIGENT SYSTEMS CONFIRMS DISMISSAL OF ANDERSEN AS AUDITOR</B></FONT>

<P><FONT size="2"><B>Norcross, GA &#150; May&nbsp;13, 2002 &#150; </B>Intelligent Systems Corporation <B>&#091;AMEX:INS;
www.intelsys.com&#093; </B>announced today that it has dismissed Arthur Andersen LLP as
the company&#146;s independent auditor effective immediately. The company expects
to name a successor auditor within 30&nbsp;days.
</FONT>
<P><FONT size="2">Bonnie Herron, Chief Financial Officer and Vice President, said &#147;For almost
twenty years, Andersen has provided us with exceptional service and dedicated
professionals of the highest caliber. It is with regret that, given the
ongoing turmoil and uncertainty surrounding Andersen, the board of directors
has determined that the company and its shareholders are best served by
selecting another audit firm.&#148;
</FONT>
<P><FONT size="2">The company is presently evaluating proposals from other audit firms and
expects to select and announce a new independent auditor by mid-June 2002. The
company intends to file today a Form&nbsp;8-K with the Securities and Exchange
Commission regarding the dismissal of Andersen.
</FONT>
<P align="left"><FONT size="2"><B><I>About Intelligent Systems Corporation</I></B></FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For more than twenty-five years, Intelligent Systems Corporation &#091;AMEX:
INS&#093; has identified, created, operated and grown early stage technology
companies. The company has operations and investments, principally in the
information technology industry. The company&#146;s consolidated subsidiaries in
2002 include VISaer, QS Technologies, Delos Payment Systems (all software
companies) and ChemFree (industrial products). Since 1990, the company has
operated the Intelligent Systems Incubator, an award-winning pioneer in
privately sponsored incubators. Further information is available on the
company&#146;s website at www.intelsys.com, or by calling the company&#146;s headquarters
at 770/381-2900.
</FONT>
<P align="center"><FONT size="2">#&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;#
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;#
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;#</FONT>


<P align="center"><FONT size="2">5</FONT>
</BODY>
</HTML>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
