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 22, 2002
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INTERNATIONAL WIRELESS, INC.
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(Exact name of Registrant as Specified in Its Charter)
Maryland 000-27045 36-4286069
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(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
120 Presidential Way
Woburn, MA 01801
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(Address of Principal Executive Offices)
Registrant's telephone number, including area code: (781) 939-7252
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(Former name or former address, if changes since last report)
ITEM 5. OTHER EVENTS.
By a Special Meeting of the Shareholders held on the 22nd day of April,
2002 at the Company's office in Woburn, Massachusetts, a quorum representing
7,397,011 issued shares being present, it was unanimously approved that Adam D.
Young, the son of Stanley A. Young, the former Chairman of the Board and major
shareholder who retired on April 5, 2002 due to personal reasons, be elected to
the Board of Directors of the Company until the next Annual Meeting of
Shareholders, whereby hereafter, the Board of Directors will consist of Dr. Ira
W. Weiss as Chairman, Graham Paxton, Michael Dewar and Adam D. Young.
For the past five years, Mr. Young has worked in the real estate investment
and development field as President of Young Development Corp. Previously, Mr.
Young worked as a venture capitalist investing primarily in computer hardware,
computer software and telecommunications firms. Mr. Young continues to invest in
high tech firms and maintains an ownership position in many promising private
companies. He is a significant shareholder in SEEC, Inc. (Nasdaq: SEEC) which
provides technologies for using the internet to access legacy data from
mainframe systems. Mr. Young received an A.B. degree from Harvard College in
1986.
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 24, 2002 International Wireless, Inc.
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(Registrant)
/s/ Michael Dewar
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Michael Dewar, COO and
Secretary