SECURITY INTELLIGENCE TECHNOLOGIES INC (Form: 8-K, Received: 06/30/2004 15:23:58)

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) June 29, 2004

SECURITY INTELLIGENCE TECHNOLOGIES, INC. Exact name of registrant as specified in its charter)

      Florida              000-31779           65-0928369
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  (State or other         (Commission        (IRS Employer
  jurisdiction of         File Number)     Identification No.)
                           Formation)



 145 Huguenot Street, New Rochelle, NY            10801
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 (Address of principal executive offices)       (Zip Code)

Registrant's telephone number, including area code (914)-654-8700

Item 4. Changes In Registrant's Certifying Accountant

On June 29, 2004, the board of directors accepted the resignation of Schneider & Associates LLP as the Registrant's independent public accountants and selected Demetrius & Company, L.L.C. to serve as the Registrant's independent public accountant for the fiscal year ending June 30, 2004. At no time since its engagement has Demetrius & Company, L.L.C. had any direct or indirect financial interest in or any connection with the Registrant or any of its subsidiaries other than as independent accountant.

The Registrant's financial statements for the fiscal year ended June 30, 2003 were audited by Schneider & Associates LLP, whose report on such financial statements did not include any adverse opinion, or disclaimer of opinion, nor was the report qualified or modified as to audit scope or accounting principles. The report however was modified as to the Registrant's ability to continue as a going concern. There were no disagreements with Schneider & Associates LLP on any matter of accounting principles or practices, financial statement disclosures, or auditing scope or procedures in connection with the audit for the fiscal year ended June 30, 2003 and financial statements filed on Form 10QSB for subsequent interim periods preceding their resignation on June 29, 2004.

Item 7. Financial Statements and Exhibits

16.1 Letter dated June 29, 2004, from the Schneider & Associates LLP to the Registrant.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly authorized and caused the undersigned to sign this Report on the Registrant's behalf.

SECURITY INTELLIGENCE TECHNOLOGIES, INC.


By: /s/ BEN JAMIL
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Name:  Ben Jamil
Title: President and Chief Executive Officer

Dated: June 30, 2004

Exhibit 16.1

June 29, 2004

Security Intelligence Technologies, Inc. 145 Huguenot Street
New Rochelle, NY 10801

Commissioners:

We have read item 4 of Form 8-K, dated June 29, 2004 by Security Intelligence Technologies, Inc. and are in agreement with the statements made therein.

Very truly yours,


/s/ Schneider & Associates LLP
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    Schneider & Associates LLP