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): September 17, 2001
Innovative Solutions and Support, Inc.
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(Exact name of issuer as specified in charter)
PENNSYLVANIA 0-31157 23-2507402
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation or file Identification
Organization) number) Number)
720 Pennsylvania Drive
Exton, Pennsylvania 19341
(Address of principal executive offices)
(610) 646-9800
(Registrant's telephone number, including area code)
Item 5 - Other Events.
(a) On September 19, 2001, Innovative Solutions & Support, Inc., ("ISS")
announced that its Board of Directors authorized an open market stock repurchase
program that will enable ISS to purchase up to one million shares of outstanding
ISS common stock over the next six month period at a price not to exceed $8.00
per share, subject to market conditions and other factors.
(b) Separately, ISS will hold its next Annual Meeting of Shareholders on
Thursday, January 31, 2002. A specific meeting site will be communicated to
shareholders in the proxy materials distributed for the Annual Meeting of
Shareholders. Shareholder proposals must be received prior to November 30, 2001
in order to be considered for inclusion in the Company's proxy statement under
relevant Securities and Exchange Commission rules and in order to be considered
at the Annual Meeting of Shareholders under the Company's Bylaws.
Signature
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
Innovative Solutions and Support, Inc.
Date: November 20, 2001 By: /s/ James J. Reilly
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James J. Reilly
Chief Financial Officer