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: March 12, 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.
On March 12, 2003, the Company announced that it has entered into a Letter
of Intent (LOI) with Mitsubishi Electric Corporation (MELCO). The LOI is
effective as of January 24, 2003 acting through MELCO's Mobile Terminal Center
in Amagasaki, Japan.
The purpose of the LOI is to develop for Mitsubishi multiple applications
utilizing International Wireless's patented technology to be deployed in
wireless handsets. Mitsubishi is a major supplier of cellular handsets
worldwide.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Exhibit No. Document Description
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10 Press Release of Letter of Intent with Mitsubishi
Electric Corporation.
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: March 14, 2003 International Wireless, Inc.
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(Registrant)
/s/ Jerry Gruenbaum
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Jerry Gruenbaum Secretary