SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
June 21, 2001
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(Date of Report)
SOFTECH, INC.
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(Exact name of registrant as specified in its charter)
Massachusetts 0-10665 04-2453033
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(State or other jurisdic- (Commission (IRS Employer
tion of Incorporation or file number) Identification Number)
organization)
2 Highwood Drive, Tewksbury, Massachusetts 01876
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(Address of principal executive offices) (Zip Code)
(978) 640-6222
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(Registrant's telephone number, including area code)
ITEM 4. . CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS.
At a meeting held on June 14, 2001, the Board of Directors of the Company
approved the dismissal of Ernst & Young LLP as its independent auditors due to
the relocation of the corporate headquarters from Grand Rapids, Michigan, to
Tewksbury, Massachusetts. The Audit Committee of the Board of Directors approved
of this dismissal in auditors on June 14, 2001. The Company is actively
interviewing several firms in the Boston area to audit the Company's
consolidated financial statements for the year ended May 31, 2001 and expects to
engage a firm in the near future.
The reports of Ernst & Young LLP on the Company's financial statements for the
past two fiscal years did not contain an adverse opinion or a disclaimer of
opinion and were not qualified or modified as to uncertainty, audit scope, or
accounting principles.
In connection with the audits of the Company's financial statements for each of
the two fiscal years ended May 31, 2000, and in the subsequent interim period,
there were no disagreements with Ernst & Young LLP on any matters of accounting
principles or practices, financial statement disclosure, or auditing scope and
procedures which, if not resolved to the satisfaction of Ernst & Young LLP would
have caused Ernst & Young LLP to make reference to the matter in their report.
The Company has requested Ernst & Young LLP to furnish it a letter addressed to
the Commission stating whether it agrees with the above statements. A copy of
this letter dated June 21, 2001 is annexed hereto as Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements.
Not Applicable.
(b) Pro Forma Financial Information.
Not Applicable.
(c) Exhibits.
Exhibit
Number Description
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99.1 Letter dated June 21, 2001
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.
SofTech, Inc.
Date: June 21, 2001 By: /s/ Joseph P. Mullaney
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Joseph P. Mullaney
Vice President and Chief Financial Officer
(Principal Financial and Accounting Officer)
EXHIBIT INDEX
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Exhibit Number Document
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99.1 Letter dated June 21, 2001