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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001171843-06-000138.txt : 20060727
<SEC-HEADER>0001171843-06-000138.hdr.sgml : 20060727
<ACCEPTANCE-DATETIME>20060727114448
ACCESSION NUMBER:		0001171843-06-000138
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20060727
ITEM INFORMATION:		Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20060727
DATE AS OF CHANGE:		20060727

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTELLIGENT SYSTEMS CORP
		CENTRAL INDEX KEY:			0000320340
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		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:		06983531

	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>f8k_07272206.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD><TITLE>EDGAR Filing</TITLE>
</HEAD>
<BODY bgColor=#ffffff>
		<H3 align=center><FONT size=5><B>UNITED STATES<BR>
					SECURITIES AND EXCHANGE
COMMISSION<BR>
				</B></FONT></H3>
		<P align=center><FONT size=3><B>Washington, D.C. 20549</B><BR></FONT></P>
		<HR align=center width=150 noShade>

<P align=center><FONT size=5><B>FORM 8-K</B><BR></FONT></P>
<HR align=center width=150 noShade>

<P align=center><FONT size=3><B>CURRENT REPORT</B><BR></FONT></P>
<P align=center><FONT size=3><B>Pursuant to Section&nbsp;13 OR 15(d) of<BR>The
Securities Exchange Act of 1934</B><BR></FONT></P>
<P align=center><FONT size=3>Date of Report (Date of earliest event reported)
<B>July 27, 2006</B><BR></FONT></P>
<HR align=center width=150 noShade>
		<P align=center><FONT size=5><B>Intelligent Systems Corporation</B>
</FONT><BR><FONT size=2>(Exact name of registrant as specified in its charter)
</FONT></P>
		<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=middle width="32%"><BR><FONT size=2><B>Georgia</B> </FONT></TD>
    <TD width="3%">&nbsp; </TD>
    <TD align=middle width="32%"><BR><FONT size=2><B>001-09330</B> </FONT></TD>
    <TD width="3%">&nbsp; </TD>
    <TD align=middle width="32%"><BR><FONT size=2><B>581964787</B>
  </FONT></TD></TR>
  <TR vAlign=top>
    <TD align=middle width="32%"><FONT size=2>(State or other
      jurisdiction<BR>of incorporation) </FONT></TD>
    <TD width="3%">&nbsp; </TD>
    <TD align=middle width="32%"><FONT size=2>(Commission File Number)
    </FONT></TD>
    <TD width="3%">&nbsp; </TD>
    <TD align=middle width="32%"><FONT size=2>(IRS Employer Identification
      No.) </FONT></TD></TR></TABLE>
		<BR>
		<BR>
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="19%">&nbsp; </TD>
    <TD align=middle width="47%"><BR><FONT size=2><B>4355 Shackleford Road,
      Norcross, Georgia</B> </FONT></TD>
    <TD width="2%">&nbsp; </TD>
    <TD align=middle width="13%"><BR><FONT size=2><B>30093</B> </FONT></TD>
    <TD width="19%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD width="19%">&nbsp; </TD>
    <TD align=middle width="47%"><FONT size=2>(Address of principal executive
      offices) </FONT></TD>
    <TD width="2%">&nbsp; </TD>
    <TD align=middle width="13%"><FONT size=2>(Zip Code) </FONT></TD>
    <TD width="19%">&nbsp; </TD></TR></TABLE>
<P align=center><FONT size=2>Registrant's telephone number, including area code:
&nbsp; <B>(770) 381-2900</B> </FONT></P>
		<P align=center><FONT
size=2><BR><BR>________________________________________________________________________________<BR>(Former
name or former address, if changed since last report) </FONT></P>
		<BR>
		<BR>
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD colSpan=3><FONT size=2>Check the appropriate box below if the Form 8-K
      filing is intended to simultaneously satisfy the filing obligation of the
      registrant under any of the following provisions:</FONT> </TD></TR>
  <TR vAlign=top>
    <TD width="5%">&nbsp;</TD>
    <TD><FONT size=2>[ &nbsp; ] </FONT></TD>
    <TD><FONT size=2>Written communications pursuant to Rule 425 under the
      Securities Act (17 CFR 230.425) </FONT></TD></TR>
  <TR vAlign=top>
    <TD width="5%">&nbsp;</TD>
    <TD><FONT size=2>[ &nbsp; ] </FONT></TD>
    <TD><FONT size=2>Soliciting material pursuant to Rule 14a-12(b) under the
      Exchange Act (17 CFR 240.14a-12) </FONT></TD></TR>
  <TR vAlign=top>
    <TD width="5%">&nbsp;</TD>
    <TD><FONT size=2>[ &nbsp; ] </FONT></TD>
    <TD><FONT size=2>Pre-commencement communications pursuant to Rule 14d-2(b)
      under the Exchange Act (17 CFR 240.14d-2(b)) </FONT></TD></TR>
  <TR vAlign=top>
    <TD width="5%">&nbsp;</TD>
    <TD><FONT size=2>[ &nbsp; ] </FONT></TD>
    <TD><FONT size=2>Pre-commencement communications pursuant to Rule 13e-4(c)
      under the Exchange Act (17 CFR 240.13e-4(c)) </FONT></TD></TR></TABLE>
<HR noShade>

<P><FONT size=3><B>Item 3.01 Notice of Delisting or Failure to Satisfy a
Continued Listing Rule or Standard; Transfer of Listing</B> </FONT></P>
<P><FONT size=2>On July 27, 2006 the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference, announcing that The American Stock Exchange (AMEX) has accepted the Registrant's plan to regain compliance with the continued listing standards of AMEX no later than October 26, 2007.  During this extension period, the Registrant will be subject to periodic review by AMEX.  AMEX could initiate delisting procedures if the Registrant fails
to make progress consistent with its plan or fails to regain compliance by October 26, 2007.</FONT></P>
		<p><font size=3><b>Item 7.01. Regulation FD Disclosure.</b> </font></p>
		<p><font size=2>On July 27, 2006, Intelligent Systems Corporation issued a press release disclosing that AMEX had accepted its plan to regain compliance with AMEX's continued listing standards. A copy of the July 27, 2006 press release, attached hereto as Exhibit 99.1, is being furnished pursuant to Regulation FD and is incorporated by reference herein.</font></p>
		<P><FONT size=3><B>Item 9.01. Financial Statements and Exhibits.</B> </FONT></P>
<P><FONT size=2>&nbsp; &nbsp; Exhibit 99.1. &nbsp; &nbsp; &nbsp; Press release
dated July 27, 2006 </FONT></P>
		<HR noShade>
		<P align=center><FONT size=3><B>SIGNATURE</B> </FONT></P>
		<P><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the
Securities Exchange Act of 1934, as amended, the Registrant has duly caused this
report to be signed on its behalf by the undersigned hereunto duly authorized.
</FONT></P>
		<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="47%">&nbsp; </TD>
    <TD width="5%">&nbsp; </TD>
    <TD align=middle width="47%"><FONT size=2><B>Intelligent Systems
      Corporation</B> </FONT>
      <HR noShade>
      <FONT size=2>(Registrant)<BR><BR></FONT></TD></TR>
  <TR vAlign=top>
    <TD align=middle width="47%"><FONT size=2><B>July 27, 2006</B> </FONT>
      <HR noShade>
      <FONT size=2>(Date) </FONT></TD>
    <TD width="5%">&nbsp; </TD>
    <TD align=middle width="47%"><FONT size=2><B>/s/ &nbsp; BONNIE L.
      HERRON</B> </FONT>
      <HR noShade>
      <FONT size=2>Bonnie L. Herron </FONT><BR><FONT size=2><I>Vice President
      and CFO</I> </FONT></TD></TR></TABLE>
		<HR noShade>
		<BR>
<TABLE cellSpacing=0 cellPadding=6 width="100%" border=0>

  <TR vAlign=top>
    <TD width=20>&nbsp;</TD>
    <TD colSpan=2><B><FONT size=3>Exhibit Index</FONT></B></TD></TR>
  <TR vAlign=top>
    <TD width=20>&nbsp;</TD>
    <TD align=middle width=30><FONT size=2>99.1</FONT></TD>
    <TD width=300><FONT size=2>Press release dated July 27,
  2006</FONT></TD></TR></TABLE>
		<BR>
	</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>exh991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>

<P align=right>EXHIBIT 99.1</P>
<H3 align=center>AMEX Accepts Intelligent Systems Corporation's Plan to Regain
Compliance With Listing Standards</H3>
<P>NORCROSS, Ga., July 27, 2006 (PRIMEZONE) -- Intelligent Systems Corporation
(AMEX:INS) has received notice from The American Stock Exchange (AMEX) that AMEX
has accepted the company's compliance plan and has granted Intelligent Systems
an extension until October 26, 2007 to regain compliance with the continued
listing standards. </P>
<P>J. Leland Strange, President and Chief Executive Officer of Intelligent
Systems Corporation, stated, "The plan we submitted to The American Stock
Exchange is consistent with our company's long-term strategy and history. We are
pleased that the Exchange agrees that it provides a reasonable basis for
regaining compliance with AMEX standards." </P>
<P>As previously disclosed, on April 27, 2006, AMEX notified the company that it
was not in compliance with certain continued listing standards with respect to
shareholders' equity and losses from continuing operations. On May 26, 2006, the
company submitted to AMEX its plan to regain compliance with the applicable
continued listing standards. </P>
<P>During this extension period, our Common Stock will continue to trade on AMEX
under the symbol INS with an indicator .BC added as an extension. The .BC
indicator signifies noncompliance with the continued listing standards and will
remain as an extension on our trading symbol until we have regained compliance
with applicable listing standards. AMEX will periodically review our progress
consistent with our plan and could initiate delisting proceedings with respect
to our Common Stock if we fail to make progress or fail to regain compliance
before October 26, 2007. </P>
<P>About Intelligent Systems Corporation </P>
<P>For over thirty years, Intelligent Systems Corporation (AMEX:INS) has
identified, created, operated and grown early stage technology companies. The
company's consolidated subsidiaries include VISaer, Inc. (www.visaer.com), QS
Technologies, Inc. (www.qsinc.com), CoreCard Software, Inc. (www.corecard.com),
(all software companies) and ChemFree Corporation (www.chemfree.com) (an
industrial products company). </P>
<P>Further information is available on the company's website at
www.intelsys.com, or by calling the company at (770) 381-2900. </P>
<P>In addition to historical information, this news release may contain
forward-looking statements relating to Intelligent Systems and its subsidiary
and affiliated companies. These statements include all statements that are not
statements of historical fact regarding the intent, belief or expectations of
Intelligent Systems and its management with respect to, among other things,
results of operations, product plans, and financial condition. The words "may,"
"will," "anticipate," "believe," "intend," "expect," "estimate," "plan,"
"strategy" and similar expressions are intended to identify forward-looking
statements. Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from those
contemplated by such forward-looking statements. The company does not undertake
to update or revise any forward-looking statements whether as a result of new
developments or otherwise. Among the factors that could cause actual results to
differ materially from those indicated by such forward-looking statements are
delays in product development, undetected software errors, competitive pressures
(including pricing), changes in customers' requirements or financial condition,
market acceptance of products and services, changes in financial markets,
changes in the performance, financial condition or valuation of affiliate
companies, the risks associated with investments in privately-held early stage
companies, and general economic conditions, particularly those that cause
business or government to delay or cancel purchase decisions. Factors that
affect the company's success are more fully disclosed in the company's most
recent filings with the Securities and Exchange Commission, including its annual
report on Form 10-KSB and its subsequent filings. </P>
<PRE>CONTACT:  Intelligent Systems Corporation
          Bonnie Herron
          (770) 564-5504
          bherron@intelsys.com
</PRE>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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