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 Report (Date earliest event reported): April 525, 2010

INTERACTIVE SYSTEMS WORLDWIDE INC. (exact name of registrant as specified in its charter)

Delaware (~~exact name~~State ofor ~~registrant~~other asjurisdiction ~~specified~~of ~~in its charter~~incorporation)

Delaware

	000-21831		22-3375134
	(Commission File Number)		(IRS Employer Identification Number)


	144 N Beverwyck Rd., Lake Hiawatha, NJ		07034
	(Address of principal executive offices)		(Zip Code)

(~~State~~973) ~~or other~~256-8181 ~~jurisdiction~~Registrant’s ofTelephone ~~incorporation)~~Number, Including Area Code

	000-21831		22-3375134
	(Commission File Number)		(IRS Employer Identification Number)
	2 Andrews Drive, West Paterson, NJ		07424
	(Address of principal executive offices)		(Zip Code)

2 Andrews Drive, West Paterson, NJ 07424

(Former name or former address, if changed since last report)

(973) 256-8181

Registrant’s Telephone Number, Including Area Code

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

£	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

£	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

£	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

£	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

~~(d)~~In Ona letter dated April 525, 2010, Bernard Albanese, Chairman of the Board, Chief Executive Officer and President of Interactive Systems Worldwide Inc. (the “Company”), informed the Board of Directors of the Company ~~elected~~that ~~James~~he ~~McDade~~was tendering his resignation as aan ~~Director~~employee effective June 1, 2010. It Accordingly, he ~~has~~will thereafter no longer be the Company’s principal executive ~~not~~officer. Mr. ~~yet~~Albanese offered to extend his employment beyond June 1, 2010 (but no later than June 30, 2010) if a suitable replacement had not been found ~~determined~~by tothat ~~which~~time. Mr. ~~committees~~Albanese, who is 62 years old, will continue as a director of the Company, and, unless and until the Board of Directors determines otherwise, ifas ~~any~~Chairman of the Board in a non-executive capacity, and Mrwill also continue (unless and until further action is taken by the Company in this regard) as a director of the Company’s wholly owned subsidiaries ISWI Acquisition Co., ~~McDade~~LLC ~~will~~(“Acquisition”) beand ~~named~~Global Interactive Gaming Limited (“GIG”), the Company’s UK operating subsidiary which is directly owned by Acquisition.

~~Mr.~~As of ~~McDade~~April ~~brings~~30, ~~many~~2010 ~~years~~Mr. ofAlbanese ~~direct~~is ~~pertinent~~owed ~~financial~~approximately ~~and~~$387,000 ~~business~~in ~~experience~~back salary torepresenting ~~the~~his ~~organization~~base ~~having~~salary ~~served~~for ~~previously~~over astwo ~~the~~years, ~~Chief~~a ~~Financial~~$300,000 ~~Officer~~contract oftermination ~~the~~payment ~~Company~~resulting from ~~July~~the ~~2002~~termination ~~through~~of ~~June 2007.~~ Mr. ~~McDade~~Albanese’s iscontract ~~currently~~ by the ~~Chief~~Company on ~~Financial~~October ~~Officer~~1, ~~for~~2008 ~~Access~~and ~~360~~approximately ~~Media~~$21,000 ~~Inc~~in unpaid expenses., Mr. Albanese also holds a ~~media~~note ~~company~~from ~~that~~the Company in the principal amount of $50,000 ~~operates~~(which ~~national~~accrued ~~digital~~interest ~~advertising~~to ~~networks~~date ~~within~~of ~~malls~~approximately $29,000) ~~stadiums~~resulting ~~and~~from an ~~arenas~~unsecured loan made by Mr. Albanese to the Company in January 2008.

2At a Board of Directors meeting held on April 28, 2010, the Board of Directors elected Steve Johns and James McDade as Directors of Acquisition. Mr. Johns and Mr. McDade are both currently Directors of the Company. Mr. McDade was formally the Company’s Chief Financial Officer.

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.

	INTERACTIVE SYSTEMS WORLDWIDE INC. (Registrant)


	By:	/s/ Bernard Albanese
		Bernard Albanese
		Chief Executive Officer

Date: April 0530, 2010

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