d:\sec\8K0498.doc UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 Date of Report: April 14, 1998 NETWORK SYSTEMS INTERNATIONAL, INC. (Exact Name of Registrant as Specified in its Charter) Nevada 33-25308-D 87-0460247 (State or other jurisdiction (Commission File (I.R.S. Employer of incorporation or organization) Number) Identification Number) 200 North Elm Street, Greensboro, North Carolina 27401 (Address of principal executive officer) (Zip Code) (336) 271-8400 (Registrants telephone number, including area code) Item 5. Other Events. Network Systems International, Inc. (the "Company") issued a press release through PR Newswire on April 14, 1998 announcing that the Company had signed a letter of intent to acquire Innovative Control Concepts, Inc. It was announced that the proposal was subject to completion of due diligence by both parties. The acquisition would allow the Company to rapidly accelerate revenues to the $25 million dollars level and thereby enhance shareholder value. Reference is made to the press release filed as Exhibit 99 hereto. SIGNATURE 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. NETWORK SYSTEMS INTERNATIONAL, INC. (Registrant) By: /s/ William C. Ray_ William C. Ray, Vice President / Secretary Date: April 28, 1998 INDEX Exhibit (99) Press Release dated April 14, 1998