1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): FEBRUARY 28, 1997 IPL SYSTEMS, INC. (Exact name of registrant as specified in its charter) MASSACHUSETTS 0-10370 04-2511897 (State or other jurisdiction (Commission File (IRS Employer of incorporation) Number) Identification No.) 124 ACTON STREET, MAYNARD, MASSACHUSETTS 01754 (Address of principal executive offices and zip code) (508) 461-1000 (Registrant's telephone number, including area code) 2 ITEM 5. OTHER EVENTS. ------------ On February 28, 1997, IPL Systems, Inc. ("IPL") signed an Agreement and Plan of Merger and Reorganization (the "Agreement") with ANDATACO, a California corporation. IPL hereby incorporates by reference the contents of the Agreement, filed as Exhibit 2.1 to this report. IPL subsequenty announced on March 3, 1997 that it had signed the Agreement. IPL hereby incorporates by reference the contents of its news release dated March 3, 1997, filed as Exhibit 99.1 to this report. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. ------------------------------------------------------------------ (c) Exhibits 2.1 Agreement and Plan of Merger and Reorganization dated as of February 28, 1997, by and among IPL, IPL Acquisition Corp., ANDATACO and W. David Sykes. Filed herewith. 99.1 News Release dated March 3, 1997. Filed herewith. 3 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 hereunto duly authorized. Date: March 21, 1997 IPL SYSTEMS, INC. By: /s/ Ronald J. Gellert ------------------------------ Ronald J. Gellert President 4 EXHIBIT INDEX EXHIBIT NO. DESCRIPTION - ------- ------------ 2.1 Agreement and Plan of Merger and Reorganization dated as of February 28, 1997, by and among IPL, IPL Acquisition Corp., ANDATACO and W. David Sykes. Filed herewith. 99.1 News Release dated March 3, 1997.