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~~May 2503, 2010

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

~~Delaware~~ (~~State~~exact name orof ~~other~~registrant ~~jurisdiction~~as ofspecified ~~incorporation~~in its charter)

Delaware

(State or other jurisdiction of incorporation)

	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)

(973) 256-8181 ~~Registrant’s Telephone Number, Including Area Code~~

2 Registrant’s Telephone ~~Andrews Drive~~Number, ~~West~~Including ~~Paterson,~~Area ~~NJ 07424 (Former name or former address, if changed since last report)~~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

InAt a ~~letter~~ ~~dated~~Board ~~April~~of ~~25,~~Directors ~~2010,~~meeting ~~Bernard~~held ~~Albanese~~on May 3, ~~Chairman~~2010, of the Board, elected Steve Johns Chief Executive Officer ~~and President~~ of ~~Interactive Systems Worldwide Inc. (~~the “Company”), ~~informed~~effective ~~the~~on ~~Board~~June of1, ~~Directors~~2010, ofsubject to the ~~Company~~satisfactory ~~that~~completion heof its ~~was~~due ~~tendering his~~diligence. The ~~resignation~~appointment asis an ~~employee~~interim ~~effective~~position, ~~June~~ending 1on September 30, 2010. ~~Accordingly, he~~It is expected the Board will ~~thereafter~~use nothis ~~longer~~period beto evaluate the Company’s ~~principal~~long-term ~~executive~~needs regarding the position of Chief Executive ~~officer~~Officer. Mr. ~~Albanese~~Johns, ~~offered~~who tois ~~extend~~54 ~~his~~years ~~employment~~old, ~~beyond~~is ~~June~~currently 1,Director of Business ~~2010~~Development ~~(but~~of nothe ~~later~~Company, responsible ~~than~~for ~~June~~all 30sales, ~~2010)~~marketing ifand abusiness ~~suitable~~development ~~replacement~~for ~~had~~both the ~~not~~Company ~~been found~~and byfor ~~that~~its ~~time. Mr.~~wholly ~~Albanese~~owned UK subsidiary, ~~who~~Global isInteractive 62Gaming Limited. Initially ~~years~~his ~~old,~~employment will continue as ato ~~director~~be ofwithout ~~the~~cash compensation. On ~~Company,~~February ~~and~~11, ~~unless~~2010 ~~and~~Mr. ~~until~~Johns ~~the~~was ~~Board~~granted ofan ~~Directors~~option ~~determines~~(which ~~otherwise,~~expires ason ~~Chairman~~February of10, ~~the~~2020) ~~Board~~for inthe apurchase ~~non-executive~~of ~~capacity~~200,000 ~~and~~shares of ~~will~~common ~~also~~stock ~~continue~~at ~~(unless~~an ~~and~~exercise ~~until~~price ~~further~~of ~~action~~$0.14 per share. It is ~~taken~~expected that byhis ~~the~~compensation ~~Company~~package ~~in this~~will ~~regard)~~be asreviewed aand ~~director~~reevaluated ofby the ~~Company’s~~end ~~wholly~~of ~~owned subsidiaries ISWI~~the ~~Acquisition Co~~period., Mr. ~~LLC~~Johns ~~(“Acquisition”)~~has been ~~and~~a ~~Global~~member ~~Interactive~~of ~~Gaming Limited (“GIG”),~~ the Company’s UKBoard ~~operating~~of ~~subsidiary~~Directors ~~which~~since isJanuary ~~directly owned by~~26, ~~Acquisition~~2010.

AsMr. Johns brings over 25 years of Sales and Sales Management experience to the ~~April~~organization. ~~30,~~His ~~2010~~most recent experience has been as an independent consultant in the healthcare industry. Prior to that Mr. ~~Albanese~~Johns iswas ~~owed~~the ~~approximately~~Vice President ~~$387~~of Sales for CardioStream,~~000~~ inwhere ~~back~~he ~~salary~~took the company from a regional ~~representing~~player ~~his~~of ~~base~~Cardiology ~~salary~~Imaging ~~for~~Software ~~over~~to ~~two~~a ~~years~~national and international provider in one year. At MERGE eMed, as Western Zone Director selling a ~~$300~~highly complex hardware/software radiology solution,~~000~~ ~~contract~~his ~~termination~~group is credited with signing the ~~payment~~three ~~resulting~~largest ~~from~~revenue deals in the ~~termination~~entire ofcompany. Mr. ~~Albanese’s~~Johns ~~contract~~was byalso the ~~Company~~ onWestern ~~October~~Regional 1,Manager ~~2008~~for ~~and~~Dictaphone ~~approximately~~where ~~$21,000~~he inmanaged ~~unpaid~~the ~~expenses. Mr.~~sales effort for ~~Albanese~~documentation ~~also~~and ~~holds~~medical records systems. As Region Manager for Sabratek Corporation, a ~~note~~start-up ~~from~~medical ~~the~~products ~~Company~~company, he inmanaged the ~~principal~~launch ~~amount~~ of a ~~$50~~new product,~~000 (which~~ ~~accrued~~and ~~interest~~helped lead that company to ~~date~~an IPO. As the Director of ~~approximately~~Sales for ~~$29~~Block Medical,~~000)~~ ~~resulting~~a ~~from~~medical ~~an unsecured~~products ~~loan~~division ~~made~~of byHillenbrand, ~~Mr.~~he ~~Albanese~~led a successful turnaround effort to ~~the~~profitability, ~~Company~~and inhelped ~~January~~with ~~2008~~the sale of the Company.

~~At a~~Mr. ~~Board~~John’s ofbackground ~~Directors~~also ~~meeting~~includes ~~held~~conducting seminars on ~~April~~topics ~~28,~~such ~~2010~~as Consultative Selling, ~~the~~New ~~Board~~Products ofLaunch, ~~Directors elected~~Start-up ~~Steve~~Ventures, ~~Johns~~ and ~~James~~Sales ~~McDade as Directors of Acquisition~~Force Expansion. ~~Mr. Johns~~He ~~and~~also ~~Mr.~~has ~~McDade~~experience ~~are~~negotiating ~~both~~multi-million ~~currently Directors of the Company. Mr.~~dollar ~~McDade~~transactions, ~~was~~managing ~~formally~~a ~~the~~long-term ~~Company’s~~complex ~~Chief~~sales-cycle, ~~Financial~~and ~~Officer~~accurate forecasting.

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~~May 3003, 2010

Filing Compare · INTERACTIVE SYSTEMS WORLDWIDE INC /DE