- 2 SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 _______________ FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act o f 1934 Date of Report: April 1, 1997 INTERSOLV, Inc. (Exact name of registrant as specified in charter) Delaware 0- 15188 52-0990382 (State/other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 9420 Key West Avenue, Rockville, Maryland 20850 (Address of principal executive offices) (Zip Code) Registrant's telephone no., including area code 301/838-5000 Item 5. Other Events INTERSOLV announced on April 1 that it expects to incur a pre-tax charge of approximately $25- $30 million to writedown certain capitalized software costs and other intangible assets in the fourth fiscal quarter ending April 30, 1997. As a result of this charge, the Company expects to report a net loss for both the quarter and fiscal year ending April 30, 1997. INTERSOLV plans to report results for these periods by the first week of June 1997. The above adjustment reduces certain assets to their expected future net value. As a result of the rapid technological changes affecting the Company's products, INTERSOLV anticipates to capitalize significantly lower amounts in the future. SIGNATURES 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 thereunto duly authorized. INTERSOLV, Inc. Date: April 4, 1997 By /s/ Kenneth A. Sexton_______ Kennet h A. Sexton Senior Vice President, Finance & Administration/CFO