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) March 17, 1999 AMERICAN ACCESS TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter __Florida_____________ 59-3410234 (State or other jurisdiction (IRS Employer Identification No. of incorporation) 238 N. Westmonte Drive, #210, Altamonte Springs, Florida 32714 Registrant's telephone number, including area code: (407) 865-7696 Item 5. Other Events The litigation between the Registrant and Steve R. Jones has been resolved. Under the Settlement Agreement, the Registrant will receive no consultant agreement services from Mr. Jones and Mr. Jones will receive no compensation for such services. Mr. Jones will receive certain stock options from Registrant and will continue to be subject to the non- competition and confidentiality provisions of his consultant agreement. SIGNATURES Pursuant to the requirements of the Securities Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMERICAN ACCESS TECHNOLOGIES, INC. March 29, 1999 By: s/Victor E. Murray Victor E. Murray, President