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 Exchange Act of 1934 Date of Event Requiring Report: April 5, 2002 --------------- INTERNATIONAL WIRELESS, INC. ------------------------------------------------------ (Exact name of Registrant as Specified in Its Charter) Maryland 000-27045 36-4286069 ---------------------------- ------------------------ ------------------ (State or Other Jurisdiction (Commission File Number) (IRS Employer of Incorporation) Identification No.) 120 Presidential Way Woburn, MA 01801 ------------------------------------------ (Address of Principal Executive Offices) Registrant's telephone number, including area code: (781) 939-7252 ------------------ ----------------------------------------------------------- (Former name or former address, if changes since last report) ITEM 5. OTHER EVENTS. The Company's Chairman of the Board, Stanley A. Young, retired from the Board on April 5, 2002 due to personal reasons. The retirement was not as a result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Pursuant to the bylaws of the company, Dr. Ira W. Weiss, a member of the Board of Directors has been elected as the new Chairman of the Board until the next annual meeting of the shareholders. Mr. Young will assume the position of Director of Mergers & Acquisitions, a non officer position within the Company. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. 99.1 Press release of International Wireless, Inc. dated April 12, 2002. 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. Dated: April 12, 2002 International Wireless, Inc. --------------- ---------------------------- (Registrant) /s/ Michael Dewar ---------------------------- Michael Dewar, COO and Secretary