U.S. SECURITIES AND EXCHANGE
                                   COMMISSION
                              Washington, DC 20549

                                -----------------

                                   Form 10-QSB

                                -----------------


|X|      QUARTERLY  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE
         ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED September 30, 2002.


|_|      TRANSITION REPORT UNDER  SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
         ACT OF 1934 FOR THE TRANSITION PERIOD FROM ____________ TO ___________.



                         Commission file number 1-11900



                        Integrated Security Systems, Inc.
        -----------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)



             Delaware                                  75-2422983
  -------------------------------          ------------------------------------
  (State or other jurisdiction of          (I.R.S. Employer Identification No.)
   incorporation or organization)


  8200 Springwood Drive, Suite 230, Irving, Texas               75063
  -----------------------------------------------             ----------
     (Address of principal executive offices)                 (Zip Code)



                                 (972) 444-8280
                           ---------------------------
                           (Issuer's telephone number)



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

As of October 31, 2002,  11,945,836 shares of the Registrant's common stock were
outstanding.

Transitional Small Business  Disclosure Format: Yes [ ]   No [X]



<PAGE>


                        INTEGRATED SECURITY SYSTEMS, INC.
                                      INDEX

                                                                          Page
                                                                          ----
PART I.   FINANCIAL INFORMATION

   Item 1.  Financial Statements

            Consolidated Balance Sheets at September 30, 2002
                (unaudited) and June 30, 2002                               3

            Consolidated Statements of Operations (unaudited) for
                the three months ended September 30, 2002 and 2001          4

            Consolidated Statements of Cash Flows (unaudited) for
                the three months ended September 30, 2002 and 2001          5

            Notes to Financial Statements                                   6

   Item 2.  Management's Discussion and Analysis or Plan of Operation       8

   Item 3.  Controls and Procedures                                        10


PART II.  OTHER INFORMATION

   Item 1.  Legal Proceedings                                              11

   Item 2.  Changes in Securities                                          11

   Item 3.  Defaults Upon Senior Securities                                11

   Item 4.  Submission of Matters to a Vote of Security Holders            11

   Item 5.  Other Information                                              11

   Item 6.  Exhibits and Reports on Form 8-K                               11

SIGNATURES                                                                 12



                                       2
<PAGE>



                          PART I. FINANCIAL INFORMATION

Item 1.  Financial Statements.
<TABLE>
<CAPTION>
                        INTEGRATED SECURITY SYSTEMS, INC.
                           Consolidated Balance Sheets

                                                           September 30,       June 30,
                                                               2002              2002
                                                           -------------    -------------
                                                            (Unaudited)
                            ASSETS
<S>                                                        <C>              <C>
Current assets:
   Cash and cash equivalents                               $     127,449    $      28,958
   Accounts receivable, net of allowance for doubtful
     accounts of $99,271and $100,692, respectively               874,195        1,035,833
   Inventories                                                   639,341          710,700
   Other current assets                                           68,145           74,999
                                                           -------------    -------------
     Total current assets                                      1,709,130        1,850,490

Property and equipment, net                                      530,752          551,935
Capitalized software development costs                           128,772             --
Other assets                                                      18,181           18,181
                                                           -------------    -------------
     Total assets                                          $   2,386,835    $   2,420,606
                                                           =============    =============

                LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities:
   Accounts payable                                        $     615,631    $     684,146
   Accrued liabilities                                           409,302          477,873
   Current portion of long-term debt                           1,417,268          631,779
                                                           -------------    -------------
     Total current liabilities                             $   2,442,201    $   1,793,798
                                                           -------------    -------------

Long-term debt                                                   613,640        1,230,916

Preferred stock subject to redemption                          7,495,052        7,495,052

Stockholders' deficit:
   Preferred stock, $.01 par value, 750,000 shares
     authorized; 161,345 shares issued and outstanding
     (liquidation value of $3,529,875)                             1,613            1,613
   Common stock, $.01 par value, 75,000,000 shares
     authorized; 11,923,653 and 11,834,589 shares,
     respectively, issued                                        119,237          118,346
   Additional paid in capital                                 17,262,892       17,234,734
   Accumulated deficit                                       (25,429,050)     (25,335,103)
   Treasury stock, at cost - 50,000 common shares               (118,750)        (118,750)
                                                           -------------    -------------
     Total stockholders' deficit                              (8,164,058)      (8,099,160)
                                                           -------------    -------------
       Total liabilities and stockholders' deficit         $   2,386,835    $   2,420,606
                                                           =============    =============
</TABLE>

                 The accompanying notes are an integral part of
                     the consolidated financial statements.



                                       3
<PAGE>
<TABLE>
<CAPTION>
                        INTEGRATED SECURITY SYSTEMS, INC.
                      Consolidated Statements of Operations
                                   (Unaudited)


                                                  For the Three Months Ended
                                                         September 30,
                                                 -----------------------------
                                                     2002             2001
                                                 ------------     ------------
<S>                                              <C>              <C>
Sales                                            $  1,413,095     $    986,963
Cost of sales                                         828,426          732,983
                                                 ------------     ------------
Gross margin                                          584,669          253,980
                                                 ------------     ------------

Operating expenses:
  Selling, general and administrative                 590,486          819,862
  Research and product development                     34,982          110,805
                                                 ------------     ------------
                                                      625,468          930,667
                                                 ------------     ------------

Loss from operations                                  (40,799)        (676,687)

Other income (expense):
  Interest expense                                    (53,148)         (31,155)
                                                 ------------     ------------

Net loss                                              (93,947)        (707,842)

Preferred dividends                                  (154,950)         (41,925)
                                                 ------------     ------------

Net loss allocable to common stockholders        $   (248,897)    $   (749,767)
                                                 ============     ============

Weighted average common and
   common equivalent shares
   outstanding  - basic and diluted                11,891,825       10,790,659
                                                 ============     ============

Net loss per share                               $      (0.02)    $      (0.07)
                                                 ============     ============
</TABLE>
                 The accompanying notes are an integral part of
                     the consolidated financial statements.



                                       4
<PAGE>
<TABLE>
<CAPTION>
                        INTEGRATED SECURITY SYSTEMS, INC.
                      Consolidated Statements of Cash Flows
                                   (Unaudited)


                                                                  For the Three Months Ended
                                                                        September 30,
                                                                  --------------------------
                                                                    2002             2001
                                                                  ---------        ---------
<S>                                                               <C>              <C>
Cash flows from operating activities:
   Net loss                                                       $ (93,947)       $(707,842)
   Adjustments to reconcile net loss to net cash
     used by operating activities:
     Depreciation                                                    30,388           33,945
     Provision for bad debt                                            --              6,000
     Provision for warranty reserve                                  12,000           10,500
     Provision for inventory reserve                                 18,000            6,000
     Expenses paid with stock, warrants and options                  24,924           25,000
     Changes in operating assets and liabilities:
       Accounts receivable                                          161,638          577,982
       Inventories                                                   53,359          (28,263)
       Other assets                                                   6,854           13,022
       Accounts payable                                             (68,513)        (134,144)
       Accrued liabilities                                          (80,572)         (61,530)
                                                                  ---------        ---------
           Net cash provided/(used) in operating activities          64,131         (259,330)
                                                                  ---------        ---------

Cash flows from investing activities:
   Purchase of property and equipment                                (9,206)         (12,354)
   Capitalized software development costs                          (128,772)            --
                                                                  ---------        ---------
           Net cash used in investing activities                   (137,978)         (12,354)
                                                                  ---------        ---------

Cash flows from financing activities:
   Issuance of preferred stock                                         --            200,000
   Dividends on preferred stock                                        --            (41,925)
   Employee stock option exercise                                     4,125             --
   Payments on debt and other liabilities                           (19,749)        (101,217)
   Proceeds from notes payable and long-term debt                   187,962          150,000
                                                                  ---------        ---------
           Net cash provided by financing activities                172,338          206,858
                                                                  ---------        ---------

Increase (decrease) in cash and cash equivalents                     98,491          (64,826)
Cash and cash equivalents at beginning of period                     28,958           70,582
                                                                  ---------        ---------
Cash and cash equivalents at end of period                        $ 127,449        $   5,756
                                                                  =========        =========
</TABLE>
                 The accompanying notes are an integral part of
                     the consolidated financial statements.



                                       5
<PAGE>


                        INTEGRATED SECURITY SYSTEMS, INC.
             Notes to Consolidated Financial Statements (Unaudited)
                   Quarters Ended September 30, 2002 and 2001


Note 1 - Basis of Presentation

The accompanying  unaudited consolidated financial statements have been prepared
in  accordance  with  generally  accepted  accounting   principles  for  interim
financial information.  Accordingly,  they do not include all of the information
and footnotes required by generally accepted accounting  principles for complete
financial  statements.  In the opinion of management,  all  adjustments  (all of
which  are  normal  recurring   accruals)   considered   necessary  for  a  fair
presentation  have been included.  Operating  results for the interim period are
not  necessarily  indicative  of the results that may be expected for the fiscal
year ending June 30, 2003.

The  accompanying  financial  statements  include  the  accounts  of  Integrated
Security  Systems,  Inc.  and  all of its  subsidiaries,  with  all  significant
intercompany  accounts and  transactions  eliminated.  For further  information,
refer to the consolidated financial statements and footnotes thereto included in
the  Company's  fiscal 2002 Annual  Report on Form 10-KSB filed on September 30,
2002 with the Securities and Exchange Commission.


Note 2 - Reclassification

Certain reclassifications of prior year amounts have been made to conform to the
current period presentation.


Note 3 - Software Development Costs

We account for  software  developments  costs in  accordance  with  Statement of
Financial  Accounting  Standards  ("SFAS") No. 86,  "Accounting for the Costs of
Computer Software to be Sold, Leased, or Otherwise Marketed." All costs incurred
to establish the  technological  feasibility  of a computer  product to be sold,
leased or otherwise marketed are charged to research and development  expense as
incurred.   Technological   feasibility  of  a  computer   software  product  is
established when the Company has completed all planning,  designing,  coding and
testing  activities  that are  necessary  to  establish  that the product can be
produced to meet its design  specifications  including  functions,  features and
technical performance  requirements.  Software development costs are capitalized
once  technological  feasibility of a product is established  and such costs are
determined to be recoverable.

Prior to a product's release,  we expense, as part of product development costs,
capitalized  costs when we believe  such  amounts are not  recoverable.  Amounts
related  to  development  which  are not  capitalized  are  charged  to  product
development  expense. The capitalized costs relate to software which will become
an integral part of the Company's revenue  producing  products and are amortized
in relation to expected  revenues from the product.  Such capitalized  costs are
reported at the lower of unamortized cost or net realizable value.

The Company ceases capitalization of computer software costs when the product is
available for general  release to customers.  Cost of  maintenance  and customer
support are charged to expense when the related  revenue is  recognized  or when
those costs are incurred, whichever occurs first.

We evaluate the future  recoverability of capitalized software development costs
on a  quarterly  basis.  These  software  development  costs  are  reviewed  for
impairment,  and a loss is recognized  when the net realizable  value by product
falls below the unamortized cost.



                                       6
<PAGE>


Prior to July 1, 2002 the Company did not capitalize software  development costs
because of the uncertain  recoverability  of these costs.  Unamortized  computer
software   costs  were   $128,772  and  $0  at  September  30,  2002  and  2001,
respectively.  Amortization  expense  related to computer  software  development
costs was $0 for each of the quarters ended September 30, 2002 and 2001.


Note 4 - Financing

In exchange for an aggregate of $150,000 cash  investment  received on September
5, 2002, the Company issued a promissory note to each of Frost National Bank FBO
Renaissance Capital Growth & Income Fund III, Inc. ("Renaissance III") and Frost
National Bank FBO Renaissance US Growth & Income Trust PLC  (Renaissance  PLC").
Both of  Renaissance  III and  Renaissance  PLC are  investment  funds and major
stockholders of the Company. Each of the two promissory notes is in the original
principal  amount  of  $75,000  and  has an  annual  interest  rate  of 8%.  The
promissory  notes,  plus  interest,  are due on September  5, 2003.  Interest is
payable in monthly  installments  on the first day of each  month.  As a part of
this  transaction,  the  Company  issued  a stock  purchase  warrant  to each of
Renaissance  III and  Renaissance  PLC. Each of the two stock purchase  warrants
entitles the  Renaissance  entities to purchase  from the Company  375,000 fully
paid and non-assessable  shares of Common Stock, $0.01 par value, of the Company
for $0.20 per  share.  The  value  assigned  to the  warrants  of  approximately
$127,500 is being amortized over the terms of the notes.

At  September  30, 2002,  the Company had  dividends in arrears in the amount of
$781,048 related to its outstanding  Series A, D, F and G preferred stock, which
consists of the following:

                           Shares             Dividends
                         Outstanding         In Arrears
                         -----------         -----------
Series A $20                   9,500         $        --
Series D $20                  91,250             152,822
Series F $25                  60,595             105,626
                         -----------         -----------
                             161,345         $   258,448
                         ===========         ===========
Convertible Preferred Stock Subject to Redemption
Series G $25                 299,802         $   522,600
                         ===========         ===========
Total Dividends in Arrears                   $   781,048
                                             ===========


Note 5 - Business Segments

Information  for the  Company's  reportable  segments for the three months ended
September 30, 2002 and 2001 is as follows:

                                      For the Three Months Ended
                                             September 30,
                                      --------------------------
                                          2002           2001
                                      -----------    -----------
 Sales
    B&B Electromatic, Inc.            $ 1,374,880    $   965,547
    Intelli-Site, Inc.                     38,215         21,416
                                      -----------    -----------
                                      $ 1,413,905    $   986,963
                                      ===========    ===========

 Income (loss) from operations
    B&B Electromatic, Inc.            $   113,098    $  (177,988)
    Intelli-Site, Inc.                    (72,231)      (402,703)
    Corporate                             (81,665)       (95,996)
                                      -----------    -----------
                                      $   (40,798)   $  (676,687)
                                      ===========    ===========



                                       7
<PAGE>


Item 2.  Management's Discussion and Analysis or Plan of Operation.

Forward Looking Statements

This  quarterly  report on Form  10-QSB  includes  "forward-looking  statements"
within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.  Forward-looking
statements can be identified by the use of  forward-looking  terminology such as
"may," "believe," "expect," "intend," "plan," "seek," "anticipate,"  "estimate,"
or "continue"  or the negative of those words or other  variations or comparable
terminology.

All  statements  other than  statements  of  historical  fact  included  in this
quarterly  report on Form 10-QSB,  including the statements under "Part I.--Item
2.  Management's  Discussion  and  Analysis  or Plan of  Operation"  and located
elsewhere  in this  quarterly  report on Form  10-QSB  regarding  the  financial
position and liquidity of the Company are forward-looking  statements.  Although
the Company  believes  that the  expectations  reflected in the  forward-looking
statements are reasonable,  it can give no assurance that such expectations will
prove  to  have  been  correct.   Important  factors  regarding  forward-looking
statements,  including certain risks and  uncertainties  that could cause actual
results to differ materially from the Company's  expectations,  are disclosed in
this  quarterly  report on Form  10-QSB.  The  Company  does not  undertake  any
obligation to publicly revise its  forward-looking  statements to reflect events
or  circumstances  that arise  after the date of this  quarterly  report on Form
10-QSB.

Important  factors that could cause  actual  results to differ  materially  from
those in the forward-looking  statements in this quarterly report on Form 10-QSB
include changes from anticipated  levels of operations,  customer  acceptance of
existing and new products,  anticipated  development  schedules of new products,
anticipated   levels  of  sales,   future  national  or  regional  economic  and
competitive  conditions,  changes in  relationships  with  customers,  access to
capital,  casualty to or other disruption of the Company's  production  facility
and equipment, delays and disruptions in the shipment of the Company's products,
government  regulations  and the  ability  of the  Company  to meet  its  stated
business  goals.  All  subsequent  written and oral  forward-looking  statements
attributable  to the  Company  or persons  acting on its  behalf  are  expressly
qualified in their entirety by the Company's cautionary statements.

Results of Operations

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

Sales.  The Company's  total sales  increased by $0.4  million,  or 44%, to $1.4
million during the quarter ended September 30, 2002 from $1.0 million during the
quarter ended September 30, 2001. This increase is due to increased sales at the
Company's B&B Electromatic, Inc. subsidiary.

For the quarters  ended  September 30, 2002 and 2001,  approximately  98% of the
Company's revenues were generated from the sale of products  manufactured by the
Company.

Gross Margin.  Gross margin as a percentage of sales increased to 41% during the
quarter ending  September 30, 2002 from 26% during the quarter ending  September
30, 2001. This increase is due to a more favorable  product mix at the Company's
B&B Electromatic, Inc. subsidiary.

Selling,  General  and  Administrative.   Selling,  general  and  administrative
expenses  decreased by  approximately  $229,000 or 28% during the quarter  ended
September  30,  2002  compared to the quarter  ended  September  30, 2001 due to
continued overall Company  reduction in staffing and operating  expenses coupled
with the capitalization of approximately $33,000 in software development costs.



                                       8
<PAGE>


Research  and Product  Development.  Research and product  development  expenses
decreased by approximately $76,000 or 69% during the quarter ended September 30,
2002  compared to the quarter  ended  September  30, 2001  primarily  due to the
capitalization  of approximately  $96,000 in software  development  costs at the
Company's Intelli-Site,  Inc. subsidiary.  This decrease was partially offset by
an increase in research and development expenditures of approximately $27,000 at
the Company's B&B subsidiary.

Interest Expense. Interest expense increased by approximately $22,000 during the
quarter ended  September  30, 2002  compared to the quarter ended  September 30,
2001 due to the issuance of warrants in  conjunction  with  securing  additional
debt and the interest on this new debt that was required to meet working capital
needs.

Liquidity and Capital Resources

The  Company's  cash  position  increased  by $98,491  during the quarter  ended
September  30,  2002,  compared to the quarter  ended  September  30,  2001.  At
September 30, 2002,  the Company had $127,449 in cash and cash  equivalents  and
had approximately  $600,000  outstanding under its accounts receivable factoring
facility.  The factoring  facility,  which is secured by accounts receivable and
inventory, permits the Company to borrow up to $800,000, subject to availability
under its borrowing base.

For  the  three  months  ended  September  30,  2002,  the  Company's  operating
activities  provided  $64,131  of cash  compared  to  $259,330  of cash  used in
operations  during the three months ended  September  30, 2001.  The decrease in
cash used in  operations  is  primarily  due a reduction in the net loss coupled
with the collections of accounts receivable at the Company's B&B subsidiary.

The Company used $9,206 for the purchase of property  and  equipment  during the
quarter  ended  September  30, 2002,  compared to $12,354 for the quarter  ended
September 30, 2001. In addition,  the Company capitalized  software  development
costs totaling $128,772.

During the quarter ended September 30, 2002, the Company financed its operations
with cash flows from  borrowings  of $187,962  compared  to $150,000  during the
quarter ended September 30, 2001.

The Company made  payments of $19,749 on debt and other  liabilities  during the
quarter ended  September 30, 2001,  compared to payments of $101,217 on debt and
other liabilities during the quarter ended September 30, 2000.

During the fiscal  quarter  ended  September  30, 2002,  the Company  received a
$150,000 cash investment from Renaissance Capital Growth & Income Fund III, Inc.
and  Renaissance US Growth & Income Trust PLC.  Please see Note 4 (Financing) to
the financial statements above for details regarding these investments.

The cash  that the  Company  receives  from the  accounts  receivable  factoring
facility is utilized to support Company-wide  operations.  The Company's working
capital  requirements  will depend upon many factors,  including future sales of
the  Company's  products,   the  Company's  operating  results,  the  status  of
competitive  products,  and actual  profits  compared to the Company's  business
plan. The Company is currently experiencing declining liquidity,  which makes it
difficult  for the  Company  to  meet  its  current  cash  requirements  and may
jeopardize  the Company's  ability to continue as a going  concern.  The Company
intends  to  address  its  liquidity  problems  by  controlling  costs,  seeking
additional  funding and maintaining  focus on revenues and  collections.  At the
present  time and in the  foreseeable  future,  the Company  will need to obtain
additional  financing  either through equity placement or additional debt. There
can be no assurance that the Company will be able to secure such  financing.  If
the Company's  liquidity does not improve, it may have to seek a merger partner,
limit its operations or seek protection  under the federal  bankruptcy laws. Any
of the foregoing  options may be on terms that are unfavorable to the Company or
disadvantageous to the Company's stockholders.



                                       9
<PAGE>


The Company's backlog is calculated as the aggregate sales prices of firm orders
received  from  customers  less revenue  recognized.  At October 31,  2002,  the
Company's  backlog was approximately  $2.2 million.  The Company expects that it
will fill the majority of this backlog by December 31, 2003.


Item 3.  Controls and Procedures

         (a)    Evaluation of Disclosure  Controls and Procedures.  Based on his
evaluation  as of a date  within 90 days of the  filing  date of this  Quarterly
Report on Form 10-QSB, the Company's principal executive and principal financial
officer has concluded that the Company's  disclosure controls and procedures (as
defined in Rules  13a-14(c) and 15d-14(c)  under the Securities  Exchange Act of
1934 (the "Exchange Act")) are effective to ensure that information  required to
be  disclosed  by the  Company  in reports  that it files or  submits  under the
Exchange Act is recorded,  processed,  summarized  and reported  within the time
periods  specified  in the  rules  and  forms  of the  Securities  and  Exchange
Commission.

         (b)    Changes in Internal Controls.  There were no significant changes
in the Company's internal controls or in other factors that could  significantly
affect these controls  subsequent to the date of his  evaluation,  including any
corrective  actions  with  regard  to  significant   deficiencies  and  material
weaknesses.







                                       10
<PAGE>



PART II.  OTHER INFORMATION


Item 1. Legal Proceedings.

None.


Item 2.  Changes in Securities.

During  the  three  months  ended   September  30,  2002,   the  Company  issued
unregistered securities in connection with the transactions described below. The
issuances of  promissory  notes and  convertible  warrants  were exempt from the
registration  requirements  of the  Securities  Act,  as  amended,  by virtue of
Section 4(2) thereof,  as  transactions  not involving a public  offering and an
appropriate restrictive legend was affixed to the warrants.

In exchange for an aggregate of $150,000 cash  investment  received on September
5, 2002, the Company issued a promissory note to each of Frost National Bank FBO
Renaissance Capital Growth & Income Fund III, Inc. ("Renaissance III") and Frost
National Bank FBO Renaissance US Growth & Income Trust PLC  (Renaissance  PLC").
Both of  Renaissance  III and  Renaissance  PLC are  investment  funds and major
stockholders of the Company. Each of the two promissory notes is in the original
principal  amount  of  $75,000  and  has an  annual  interest  rate  of 8%.  The
promissory  notes,  plus  interest,  are due on September  5, 2003.  Interest is
payable in monthly  installments  on the first day of each  month.  As a part of
this  transaction,  the  Company  issued  a stock  purchase  warrant  to each of
Renaissance  III and  Renaissance  PLC. Each of the two stock purchase  warrants
entitles the  Renaissance  entities to purchase  from the Company  375,000 fully
paid and non-assessable  shares of Common Stock, $0.01 par value, of the Company
for $0.20 per  share.  The  value  assigned  to the  warrants  of  approximately
$127,500 is being amortized over the terms of the notes.


Item 3.  Defaults Upon Senior Securities.

None.


Item 4.  Submission of Matters to a Vote of Security Holders.

None.


Item 5.  Other Information.

None.


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

(a)  Exhibits

         None.

(b)  Reports filed on Form 8-K.

         The Company filed a Current Report on Form 8-K on September 10, 2002 to
         report the announcement the Company's  earnings results for the for the
         fiscal year ending June 30, 2002.

         The Company filed a Current Report on Form 8-K on September 23, 2002 to
         report  an  additional  investment  of  $75,000  in cash  from  each of
         Renaissance  Capital Growth & Income Fund III, Inc. and  Renaissance US
         Growth & Income  Trust PLC in exchange for  promissory  notes and stock
         purchase   warrants,   issued  to  each  of  Frost  National  Bank  FBO
         Renaissance  Capital  Growth & Income Fund III, Inc. and Frost National
         Bank FBO Renaissance US Growth & Income Trust PLC.

         The Company filed a Current Report on Form 8-K on September 30, 2002 to
         report the  certification  of C. A. Rundell,  Jr., the Company's  Chief
         Executive Officer and Principal Executive and Financial Officer,  under
         Section 906 of the  Sarbanes-Oxley  Act of 2002, and  certification  of
         Richard B. Powell,  the  Company's  Vice  President,  Chief  Accounting
         Officer,  Secretary and Principal Accounting Officer, under Section 906
         of the Sarbanes-Oxley Act of 2002.



                                       11
<PAGE>



SIGNATURES

         In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                      Integrated Security Systems, Inc.
                                      ---------------------------------
                                                (Registrant)



Date:   November 14, 2002             /s/ C. A. RUNDELL, JR.
                                      ----------------------
                                      C. A. Rundell, Jr.
                                      Director, Chairman of the Board, and Chief
                                      Executive Officer (Principal Executive and
                                      Financial Officer)

Date:   November 14, 2002             /s/ RICHARD B. POWELL
                                      ---------------------
                                      Richard B. Powell
                                      Vice President, Chief Accounting Officer,
                                      Secretary (Principal Accounting Officer)







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                                  CERTIFICATION

I, C. A. Rundell, Jr., certify that:

1.   I have reviewed this quarterly report on Form 10-QSB of Integrated Security
Systems, 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 quarterly
report;

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 quarterly report;

4.   I am responsible for establishing and maintaining  disclosure  controls and
procedures  (as  defined  in  Exchange  Act Rules  13a-14  and  15d-14)  for the
registrant and have:

         (a)    designed such disclosure  controls and procedures to ensure that
                material information  relating to the registrant,  including its
                consolidated subsidiaries,  is made known to me by others within
                those  entities,  particularly  during  the period in which this
                quarterly report is being prepared;

         (b)    evaluated  the  effectiveness  of  the  registrant's  disclosure
                controls and procedures as of a date within 90 days prior to the
                filing date of this quarterly  report (the  "Evaluation  Date");
                and

         (c)    presented  in this  quarterly  report my  conclusions  about the
                effectiveness of the disclosure controls and procedures based on
                my evaluation as of the Evaluation Date;

5.   I have disclosed,  based on my most recent evaluation,  to the registrant's
auditors and the audit  committee  of the  registrant's  board of directors  (or
persons performing the equivalent functions):

         (a)    all  significant  deficiencies  in the  design or  operation  of
                internal  controls which could adversely affect the registrant's
                ability to record, process,  summarize and report financial data
                and have identified for the  registrant's  auditors any material
                weaknesses in internal controls; and

         (b)    any fraud, whether or not material,  that involves management or
                other employees who have a significant  role in the registrant's
                internal controls; and

6.   I have  indicated  in this  quarterly  report  whether  or not  there  were
significant  changes  in  internal  controls  or in  other  factors  that  could
significantly  affect internal controls subsequent to the date of my most recent
evaluation,   including  any  corrective  actions  with  regard  to  significant
deficiencies and material weaknesses.


 Date:  November 14, 2002

 /s/ C. A. RUNDELL, JR.
 ----------------------------
 C. A. Rundell, Jr.,
 Chief Executive Officer and
 Principal Executive and
 Financial Officer



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