United States
                       Securities and Exchange Commission
                             Washington, D.C. 20549


                                   FORM 10-QSB
                                   -----------


(Mark One)


[x]      Quarterly  Report  Pursuant  to Section  13 or 15(d) of the  Securities
         Exchange Act of 1934 For the Quarterly Period ended September 30, 2002

                                       or

[ ]      Transition  Report  Pursuant  to Section 13 or 15(d) of the  Securities
         Exchange Act of 1934 For the transition period from to



Commission file number 0-28920



                      Access Solutions International, Inc.
        -----------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)



             Delaware                                 05-0426298
(State or other jurisdiction of                     (I.R.S. Employer
incorporation or organization)                    Identification No.)

                                 850 Main Street
                       East Greenwich, Rhode Island 02818
                    ----------------------------------------
                    (Address of principal executive offices)

                                 (401) 885-5544

                           (Issuer's telephone number)

Check  whether  the issuer  (1) has filed all  reports  required  to be filed by
Section 13 or 15(d) of the  Securities  Exchange  Act of 1934 during the past 12
months (or for such  shorter  period  that the issuer was  required to file such
reports),  and (2) has been subject to such filing  requirements for the past 90
days.
 Yes   X  No

The number of shares of the issuer's Common Stock,  $.0l par value,  outstanding
as of September 30, 2002 was 3,963,940.


<PAGE>



<TABLE>
<CAPTION>

                      Access Solutions International, Inc.

                                      INDEX



PART I.                FINANCIAL INFORMATION                                                          PAGE
                                                                                                      ----
Item 1.                Financial Statements


<S>                                                                                                     <C>
                       Condensed   balance sheets--September 30, 2002 (unaudited)
                       and June 30, 2002                                                                 3


                       Condensed  (unaudited) statements of operations --Three

                       months ended  September 30, 2002 and 2001                                         5


                       Condensed  (unaudited)  statements of cash flows -- Three

                       months ended September 30, 2002 and 2001                                          6


                       Notes to unaudited condensed financial statements                                 7


Item 2.                Management's Discussion and Analysis of Financial
                       Condition and Results of Operations                                               8

Item 4.                Controls and Procedures                                                          12

PART II.               OTHER INFORMATION

Item 6.                Exhibits and Reports on Form 8-K                                                 13

Signatures                                                                                              21
</TABLE>


<PAGE>



                      Access Solutions International, Inc.

                         PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements


                      Access Solutions International, Inc.
                            Condensed Balance Sheets



                                                        September 30,  June 30,
                                                           2002          2002
                                                         ----------   ----------
                                                                  (Unaudited)

Assets
Current assets:

    Cash and cash equivalents                            $2,199,427   $2,350,692
    Trade accounts receivable, net of allowance for
         doubtful accounts of $2,000 and $17,375,
       respectively                                          17,204      290,668
    Inventories                                                --         15,003
    Prepaid expenses and other current assets                42,537       18,287
                                                         ----------   ----------
       Total current assets                               2,259,168    2,674,650

Fixed assets, net                                             1,023        1,798
                                                         ----------   ----------


Total assets                                             $2,260,191   $2,676,448
                                                         ==========   ==========

             See notes to unaudited condensed financial statements.


                                        3



<PAGE>



<TABLE>
<CAPTION>

                      Access Solutions International, Inc.
                            Condensed Balance Sheets


                                                     September 30,     June 30,
                                                         2002            2002
                                                      ------------    ------------
                                                      (Unaudited)

<S>                                                   <C>             <C>
Liabilities and stockholders' deficit
Current liabilities:

    Accounts payable                                  $    149,186    $    147,156
    Accrued salaries and wages                              21,356          22,069
    Accrued expenses                                        43,479          65,004
    Deferred revenue-prepaid service contracts                --           432,918
                                                      ------------    ------------
         Total current liabilities                         214,021         667,147
                                                      ------------    ------------

         Total liabilities                                 214,021         667,147
                                                      ------------    ------------


Stockholders' equity:
    Common Stock, $.01 par value, 13,000,000
      shares authorized, 3,965,199 shares issued            39,652          39,652
Additional paid-in capital                              17,637,694      17,637,694

    Accumulated deficit                                (15,613,120)    (15,649,989)
                                                      ------------    ------------

           Total                                         2,064,226       2,027,357


    Treasury stock, at cost (1,259 shares)                 (18,056)        (18,056)
                                                      ------------    ------------


         Total stockholders' equity                      2,046,170       2,009,301
                                                      ------------    ------------

         Total liabilities and stockholders' equity   $  2,260,191    $  2,676,448
                                                      ============    ============

Note:  The  balance  sheet at June 30,  2002 has been  derived  from the audited
financial  statements  at that date but does not include all of the  information
and footnotes required by generally accepted accounting  principles for complete
financial statements.
</TABLE>

             See notes to unaudited condensed financial statements.

                                       4
<PAGE>


<TABLE>
<CAPTION>

                      Access Solutions International, Inc.
                 Condensed Statements of Operations (Unaudited)

                                                           Three months ending
                                                             September 30,
                                                           2002            2001
                                                        -----------    -----------
<S>                                                     <C>            <C>
Net sales:

    Products                                            $      --      $     4,915
    Services                                                 18,000        164,030
                                                        -----------    -----------
           Total net sales                                   18,000        168,945
                                                        -----------    -----------

Cost of sales:

    Products                                                   --              115
    Services                                                 11,829         36,165
                                                        -----------    -----------
           Total cost of sales                               11,829         36,280
                                                        -----------    -----------

Gross profit                                                  6,171        132,665
                                                        -----------    -----------


Operating expenses:

    General and administrative expense                      108,327        145,895
    Selling expense                                             564         33,857
                                                        -----------    -----------
           Total operating expenses                         108,891        179,752
                                                        -----------    -----------
           Profit/(Loss) from operations                   (102,720)       (47,087)
                                                        -----------    -----------


Other revenue and (expenses):

    Gain on sale of service contracts, net of related
       expenses                                              97,968           --
    Interest income                                          18,001         28,661
    Miscellaneous income                                     23,620         23,620
Total other revenue (expenses)
                                                            139,589         52,281
                                                        -----------    -----------
Net income                                              $    36,869          5,194
                                                        ===========    ===========

Primary net loss per common share                       $       .01    $       .00
                                                        ===========    ===========


Weighted average number of
common shares                                             3,963,940      3,963,940
                                                        ===========    ===========
</TABLE>

             See notes to unaudited condensed financial statements.



                                       5
<PAGE>

<TABLE>
<CAPTION>

                      Access Solutions International, Inc.
                 Condensed Statements of Cash Flows (Unaudited)

                                                             For the Three Months Ended
                                                                    September 30,
<S>                                                        <C>            <C>
Cash flows from operating activities

    Net income                                             $    36,869    $     5,194
                                                           -----------    -----------
Adjustments to reconcile net loss to net cash used by

      operating activities:

        Gain on sale of service contracts                      (97,968)          --
        Depreciation and amortization                              775          1,367
Provision for doubtful accounts                                (15,375)        (2,344)
        Changes in operating assets and liabilities:
        (Increase) decrease in:
         Trade accounts receivable                             288,839         98,086
         Inventories                                              --             (485)
         Prepaid expenses and other current assets             (15,697)      (172,520)
Increase (decrease) in:
         Accounts payable                                        2,030        (37,023)
         Accrued expenses                                      (22,238)        (6,274)
          Provision for income taxes                              --          (95,000)
         Deferred revenue - prepaid service contracts             --          (67,854)
                                                           -----------    -----------

Net Cash provided by (used FOR)
     OPERATING ACTIVITIES                                      177,235       (276,853)
                                                           -----------    -----------


CASH FLOWS FROM INVESTING ACTIVITIES
    Payment for settlement on sale of service contracts       (262,656)          --
    Payment for service expenses incurred in association

        with sale of service contracts                         (65,844)          --
                                                           -----------    -----------
Net Cash used FOR Investing ACTIVITIES                        (328,500)          --
                                                           -----------    -----------

Net (decrease) in cash and cash
 equivalents                                                  (151,265)      (276,853)

Cash and cash equivalents, BEGINNING                         2,350,692      2,426,279
                                                           -----------    -----------

Cash and cash equivalents, ending                          $ 2,199,427    $ 2,149,426
                                                           ===========    ===========
</TABLE>

             See notes to unaudited condensed financial statements.

                                       6
<PAGE>


                      Access Solutions International, Inc.
                Notes to Unaudited Condensed Financial Statements

1. Basis of Presentation


The accompanying  unaudited condensed financial statements have been prepared in
accordance with generally accepted  accounting  principles for interim financial
information  and with the  instructions  to Form  10-QSB  and  Article  10-01 of
Regulation  S-B.  Accordingly,  they do not include all of the  information  and
footnotes  required  by  generally  accepted  accounting  principles  for annual
financial statements. In the opinion of management,  all adjustments (consisting
of normal recurring accruals)  considered necessary for a fair presentation have
been included.  Operating  results for the three months ended September 30, 2002
are not necessarily  indicative of the results that may be expected for the year
ended June 30, 2003. For further information,  refer to the financial statements
and  footnotes  thereto  included in the Access  Solutions  International,  Inc.
("ASI") annual report on Form 10-KSB for the year ended June 30, 2002.

2. Recent Developments

On September  18, 2002,  the Company  announced  that it had sold its  remaining
hardware and software  maintenance  contracts  to Computer  Upgrade  Corporation
(CUC),  a  privately  owned,  full  service  integrator  specializing  in proven
turn-key cross platform storage solutions,  for consideration of one-half of the
gross  margin on the  contracts  from  July 1, 2002  through  July 1,  2004.  In
consideration of this agreement, Access Solutions paid CUC $262,656 representing
one-half of the accrued but unearned  maintenance  gross margin on the contracts
in force as of July 1, 2002. The Company had also incurred approximately $66,000
in service  related  expenses  during the period of July 1, 2002 through  August
2002 that were not reimbursed by CUC as part of the sale.

Having maximized the value of its maintenance contracts,  the Board of Directors
unanimously  approved a plan of  complete  liquidation  and  dissolution  of the
Company (the "Plan"), subject to stockholder approval. The Company plans to sell
its  remaining  assets,   including   inventory,   property  and  equipment  and
intellectual property, discharge its liabilities and distribute the net proceeds
to  stockholders.  A proxy statement for a special meeting of stockholders to be
held on November 26, 2006 has been mailed to stockholders of the Company.

If  stockholders  approve  the plan,  the  Company  will file a  Certificate  of
Dissolution  promptly after the stockholder  vote, and stockholders will then be
eligible  to  share in the  liquidation  proceeds  based on their  proportionate
interest at the time.  Holders of the  Company's  options  will need to exercise
those options prior to the date the Certificate of Dissolution is filed in order
to share in the liquidation proceeds. Under Delaware law the Company will remain
in existence as a non-operating entity for three years from the date the Company
files a  Certificate  of  Dissolution  in Delaware,  and will maintain a certain
level of reserves to cover any remaining  liabilities  and pay  operating  costs
during the dissolution  period.  During the dissolution period, the Company will
attempt to convert its remaining  assets into cash and settle its liabilities as
expeditiously as possible.

Assuming  stockholder  approval of the Plan,  the Board of  Directors  currently
anticipates that an initial distribution of liquidation proceeds will be made to
stockholders  within 75 days after the stockholder's  meeting.  A portion of the
Company assets will be held in a contingency reserve, and the Board of Directors
anticipates   that   stockholders   could   periodically    receive   additional
distributions subsequent to the initial distribution.


                                       7
<PAGE>


Item 2. Management's  Discussion and Analysis of Financial Condition and Results
of Operations
-------------------------------------------------------------------------------


Overview


ASI assembled and supported mainframe information storage and retrieval systems,
including  both  software  and  hardware,  for large  companies.  ASI's COLD and
optical disk storage systems,  which were marketed under the brand names OAS and
GIGAPAGE, and GIGAPAGE DASDI, were sold principally to a limited number of large
organizations  that had the need to  store  and  retrieve  large  quantities  of
computer-generated  data.  ASI had no system sales in the current  quarter.  ASI
also sold  extended  service  contracts  on the  majority of the products it has
sold. Such contracts were generally one year in duration with payments  received
in advance of the  commencement  of the contract.  ASI  recognized  revenue from
service  contracts on a straight-line  basis over the term of the contract.  The
unearned portion of the service revenue was then reflected as deferred  revenue.
As of September  30,  2002,  ASI had no deferred  revenue  since all the service
contracts  had  been  sold as of July 1,  2002 and the  Company's  share of that
revenue has been recognized.

ASI's  primary   operating   expenses   include   maintenance  and  general  and
administrative  expenses.  General  and  administrative  expenses  in the  first
quarter consisted primarily of employee compensation, insurance premiums, office
rental and normal contractual services.

On  September  18,  2002,  the  Company  announced  that it had  sold all of its
remaining  hardware  and  software  maintenance  contracts  to Computer  Upgrade
Corporation,  a full service  integrator  specializing  in proven turn-key cross
platform storage  solutions for consideration of one-half of the gross margin on
the contracts from July 1, 2002 through July 1, 2004.

The Company also announced that its Board of Directors had unanimously  approved
a plan of  complete  liquidation  and  dissolution  of the  Company,  subject to
stockholder approval. A proxy statement for a special meeting of stockholders to
be held on November 26, 2002 has been mailed to the stockholders of the Company.
The Company plans to sell its remaining assets including any inventory, property
and  equipment,  and  intellectual  property,   discharge  its  liabilities  and
distribute the net proceeds to stockholders over a period of up to three years.

If  stockholders  approve  the plan,  the  Company  will file a  Certificate  of
Dissolution  promptly after the stockholder  vote, and stockholders will then be
eligible  to  share in the  liquidation  proceeds  based on their  proportionate
interest at the time.  Holders of the  Company's  options  will need to exercise
those options prior to the date the Certificate of Dissolution is filed in order
to share in the liquidation proceeds. Under Delaware law the Company will remain
in existence as a non-operating entity for three years from the date the Company
files a  Certificate  of  Dissolution  in Delaware,  and will maintain a certain
level of reserves to cover any remaining  liabilities  and pay  operating  costs
during the dissolution  period.  During the dissolution period, the Company will
attempt to convert its remaining  assets into cash and settle its liabilities as
expeditiously as possible.

Assuming  stockholder  approval of the Plan,  the Board of  Directors  currently
anticipates that an in initial distribution of liquidation proceeds will be made
to stockholders within 75 days after the stockholder's meeting. A portion of the
Company's  assets  will be held  in a  contingency  reserve,  and the  Board  of
Directors  anticipates that stockholders could  periodically  receive additional
distributions subsequent to the final distribution.

                                        8



<PAGE>

Results of Operations

The  following  discussion  should  be read in  conjunction  with the  unaudited
condensed   financial   statements   and  notes  thereto  of  Access   Solutions
International, Inc. contained elsewhere herein.


Three Months Ended  September 30, 2002 Compared to Three Months Ended  September
30, 2001


Net Sales


Net sales for the three months ended  September  30, 2002 were $18,000  compared
with  $168,945  for the three  months  ended  September  30, 2001, a decrease of
$150,945  or 89%.  There were no product  sales for the first  quarter of Fiscal
2003,  compared  with  $4,915  for the first  quarter  of Fiscal  2002.  Service
revenues  were  $18,000  for the first  quarter  of Fiscal  2003  compared  with
$164,030  for the first  quarter of Fiscal  2002, a decrease of $146,030 or 86%.
This  decrease  resulted  from  the  sale of all  existing  prepaid  maintenance
contracts as of July 1, 2002.  Service  revenue for the quarter ended  September
30, 2002 was derived from the  performance of  non-contractual  services for one
customer.

Cost of Sales


Cost of sales  includes  component  costs,  labor,  travel and certain  overhead
costs.  Costs of sales in the  aggregate  decreased 67% to $11,829 for the three
months  ended  September  30,  2002  from  $36,280  for the three  months  ended
September 30, 2001.

The cost of  product  sales  decreased  100% to $0 for the  three  months  ended
September 30, 2002 from $115 for the three months ended  September 30, 2001. The
decrease in  product-related  cost of sales was a result of no product  sales in
the first  quarter of Fiscal  2003.  The cost of  services  decreased  by 67% to
$11,829 for the three months ended September 30, 2002 from $36,165 for the three
months ended September 30, 2001, due to elimination of all costs associated with
the  maintenance  contracts  that  were  sold as of July 1,  2002.  Those  costs
incurred  during the quarter ended  September 30, 2002 were directly  related to
the performance of non-contractual service calls.

General and Administrative Expenses

General and  administrative  expenses  this fiscal year  consisted  primarily of
legal  fees,  employee  compensation,   office  rental  and  normal  contractual
services.  General  and  administrative  expenses  decreased  26% or  $37,568 to
$108,327  for the three months ended  September  30, 2002 from  $145,895 for the
three months  ended  September  30, 2001.  This  decrease was  primarily  due to
reduced personnel costs and lower state tax expense.

Selling Expenses

Selling and customer service expenses  decreased  $33,293 or 98% to $564 for the
three  months ended  September  30, 2002 from $33,857 for the three months ended
September  30, 2001.  This decrease was directly the result of the sale of ASI's
maintenance contracts.

                                        9


<PAGE>


Other Income and Expenses


Other income and expenses consisted of the gain on the sale of ASI's maintenance
business, payments on the PaperClip's note, and interest income. For the quarter
ended  September 30, 2002, ASI realized a net gain of $97,968 on the sale of its
prepaid hardware and software maintenance  contracts.  Interest income decreased
$10,660 from $28,661 for the three  months ended  September  30, 2001 to $18,001
for the three months ended  September 30, 2002.  This decrease was attributed to
lower interest rates. Miscellaneous income of $23,620 remained unchanged for the
quarter ended  September 30, 2002 from the quarter ended September 30, 2001. For
both years,  this income  represented  3 monthly  repayments of principal on the
note receivable from PaperClip Software, Inc., which is fully reserved for as of
September  30, 2002.  Consequently,  other income and expenses in the  aggregate
increased  $83,308  or 167%  to  $139,589  income  for the  three  months  ended
September  30, 2002 from income of $52,281 for the three months ended  September
30, 2001.

Net Income (Loss)

As a result of the  foregoing,  ASI  realized a net profit of $38,869  ($.01 per
share on 3,963,940  weighted  average shares  outstanding)  for the three months
ended  September  30,  2002,  an increase of $31,675 from a net profit of $5,194
($.00 per share on 3,963,940  weighted  average shares  outstanding)  during the
three months ended September 30, 2001.

Liquidity and Capital Resources

ASI had a working  capital  surplus  of  $2,045,147  as of  September  30,  2002
compared to a working capital surplus of $1,902,410 at September 30, 2001.

Total cash provided by operating  activities during the three-month period ended
September  30, 2002 was  $177,235,  compared  to the  three-month  period  ended
September 30, 2001 in which operating  activities used a total of $276,853.  For
the three months ended  September 30, 2002, the major use of cash was related to
the sale of ASI's maintenance  contracts to Computer Upgrade Corporation,  which
includes  customer  service related costs, and the settlement  price.  Cash used
during the three-month  period ended September 30, 2001 was primarily the result
of the prepayment of income taxes, the repayment of old payables and a reduction
in prepaid service contracts.

Seasonality and Inflation

To date,  seasonality  and  inflation  have not had a  material  effect on ASI's
operations.


                                       10
<PAGE>


Forward Looking Statements

Statements  contained  in this Form  10-QSB  that are not  historical  facts are
forward-looking  statements  made pursuant to the safe harbor  provisions of the
Private  Securities  Litigation  Reform Act of 1995. In addition,  words such as
"believes", "will", "should",  "anticipates",  "expects" and similar expressions
are intended to identify forward looking statements.  These statements are based
on current  information that we have assessed but which by its nature is dynamic
and subject to rapid and even abrupt changes.  Such statements  contain a number
of risks and uncertainties,  including, but not limited to the announced sale of
the Company's remaining hardware and software maintenance contracts and the plan
of complete  liquidation and dissolution of the Company,  subject to stockholder
approval.  ASI cautions  that its actual  results could differ  materially  from
those  stated or  implied  by our  forward-looking  statements  due to risks and
uncertainties  associated  with  the  wind  down  of our  business.  Results  of
operations in any past period should not be considered  indicative of results to
be expected in future periods.  Fluctuations in operating  results may result in
fluctuations in the price of ASI's securities.

Risk Factors

This Quarterly Report on Form 10-Q contains certain forward looking  statements,
including statements  concerning the Company's future financial results from the
sale of assets and  settlement  of  liabilities,  dissolution  proceedings,  and
distribution of proceeds to  stockholders.  Some remaining assets of the Company
may be difficult for us to convert into cash,  and we can make no assurance that
we will receive any material amounts in respect of such assets. No assurance can
be given that the amount to be received in liquidation  will equal or exceed the
price or prices at which the Common Stock traded  prior to our  dissolution.  In
addition,  you should keep in mind that the risks described in the Annual Report
Form10-K are not the only risks that we face. The risks  described in the Annual
Report 10-K are the risks that we currently believe are material to the Company.
However,  additional risks not presently known to us, or risks that we currently
believe are  immaterial,  may also impair our ability to distribute  proceeds to
our  stockholders.  You should also refer to the other  information set forth in
the  Annual  Report  Form  10-K,   including  the   discussions   set  forth  in
"Management's  Discussion  and  Analysis of Financial  Condition  and Results of
Operations" and "Business," as well as our financial  statements and the related
notes.


There can be no assurance that the  liquidation  value per share of Common Stock
in the hands of the  stockholders  will  equal or exceed  the price or prices at
which the Common  Stock has  recently  traded or may trade at in the future,  or
that the  liquidation  value will exceed zero.  However,  the Board of Directors
believes that it is in the best interests of the Company and its stockholders to
distribute to the stockholders the Company's net assets, if any, pursuant to the
Plan. If the Plan is not ratified and approved by the stockholders, the Board of
Directors will explore what, if any,  alternatives  are available for the future
of the  Company,  particularly  in  light  of the  fact  that  the  Company  has
consummated the sale of a substantial  portion of its assets as of September 18,
2002.
                                       11

<PAGE>

                                  CERTIFICATION



Each of the  undersigned,  being  the  Chief  Executive  Officer  and the  Chief
Financial Officer of Access Solutions, Inc., certify that:

         1. I have  reviewed  this  annual  report  on  Form  10-QSB  of  Access
Solutions, Inc.;

         2. Based on my knowledge,  this  quarterly  report does not contain any
untrue  statement of a material fact or omit to state a material fact  necessary
to make the  statements  made,  in light of the  circumstances  under which such
statements  were made, not misleading with respect to the period covered by this
annual report; and

         3. Based on my knowledge, the financial statements, and other financial
information  included in this quarterly  report,  fairly present in all material
respects the financial  condition,  results of operations  and cash flows of the
registrant as of, and for, the periods presented in this annual report.


                                /s/ Robert H. Stone
                                -----------------------------------------
                                    Robert H. Stone
                                    President and Chief Executive Officer




                                /s/ Thomas E. Gardner
                                ------------------------------------------
                                     Thomas E. Gardner
                                     Chief Financial Officer and Treasurer



                                       12