SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                    FORM 10-Q

|X|   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES
      EXCHANGE ACT OF 1934

      For the quarterly period ending September 30, 1998

|_|   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 0-23489

                      ACCESS WORLDWIDE COMMUNICATIONS, INC.
             ------------------------------------------------------
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

               Delaware                                      52-1309227
               --------                                      ----------
    (STATE OR OTHER JURISDICTION OF                      (I.R.S. EMPLOYER 
     INCORPORATION OR ORGANIZATION)                      IDENTIFICATION NO.)
    
    2200 Clarendon Blvd., 11th Floor
          Arlington, Virginia                                  22201
          -------------------                                  -----
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)                     (ZIP CODE)

Registrant's telephone number, including area code 1 (800) 522-3447

Securities registered pursuant to Section 12(b) of the Act:

         Title of each class. Name of each exchange on which registered.

                                      None
                                      ----
           Securities registered pursuant to Section 12(g) of the Act:

                          Common Stock, $0.01 par value
                          -----------------------------
                                 TITLE OF CLASS

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period as 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 |_| 

Indicate the number of shares outstanding of each of the registrant's classes of
common stock, as of the latest practicable date.


8,965,685 shares of Common Stock, $.01 par value, as of November 12, 1998
<PAGE>


                      ACCESS WORLDWIDE COMMUNICATIONS, INC.

                                      INDEX

Part I - Financial Information

Item 1. Financial Statements                                                 1-4


Consolidated and Combined Balance Sheets -
   September 30, 1998 and December 31, 1997                                    1

Consolidated and Combined Statements of Operations -
   Three Months Ended September 30, 1998 and September 30, 1997
   Nine Months Ended September 30, 1998 and September 30, 1997                 2

Consolidated and Combined Statements of Cash Flows -
   Nine Months Ended September 30, 1998 and September 30, 1997                 3


Notes to Consolidated Financial Statements                                     4

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

Part II - Other Information                                                  5-7

<PAGE>
PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

                      ACCESS WORLDWIDE COMMUNICATIONS, INC.

                                 BALANCE SHEETS
<TABLE>
<CAPTION>
                                                                               COMBINED
                                                                       ACCESS WORLDWIDE
                                                        CONSOLIDATED  COMMUNICATIONS, INC.
                                                    ACCESS WORLDWIDE       & TLM HOLDINGS
                                                COMMUNICATIONS, INC.                CORP.
                                                       SEPTEMBER 30,        DECEMBER 31,
                                                               1998                1997
                                                         (UNAUDITED)           (AUDITED)
                                                      --------------  ------------------
<S>                                                     <C>             <C>         
ASSETS
Current assets:
  Cash and cash equivalents .........................   $ 1,604,041     $  2,014,711
  Accounts receivable, net of allowance for
    doubtful accounts of $140,027 and $279,935,
    respectively ....................................    13,636,502        8,077,462
  Deferred issuance costs ...........................         --           1,350,594
  Other assets ......................................     1,837,130          941,686
                                                        ------------    ------------

    Total current assets ............................    17,077,673       12,384,453
  Property and equipment, net .......................     7,465,633        4,171,806
  Other assets ......................................       636,572          265,110
  Intangible assets, net ............................    35,786,382       35,858,750
                                                        ------------    ------------

    Total assets ....................................   $60,966,260     $ 52,680,119
                                                        ============    ============
LIABILITIES, MANDATORILY REDEEMABLE PREFERRED
  STOCK AND COMMON STOCKHOLDERS' EQUITY (DEFICIT)
Current liabilities:
  Amount due on line of credit facility .............   $      --       $  5,810,000
  Accounts payable and accrued expenses .............      3,324,554       2,831,463
  Accrued interest and other related party expenses .        847,335       2,974,661
  Accrued salaries, wages and related benefits ......      2,397,073       1,308,446
  Due to related parties ............................        149,040         471,925
  Deferred revenue ..................................        705,834         666,082
  Current portion of indebtedness ...................         74,341          69,940
  Current portion of indebtedness -- related parties         598,536       3,203,819
                                                        ------------    ------------

    Total current liabilities .......................      8,096,713      17,336,336
Amount due on line of credit facility ...............      1,780,000          --
Long-term portion of indebtedness ...................         29,744          80,013
Long-term portion of indebtedness -- related parties         598,085      34,238,666
Mandatorily redeemable preferred stock, $.01 par
  value: 8% cumulative at December 31, 1997,
  2,000,000 shares authorized, 65,000 shares 
  and 36,000 shares issued and outstanding at
  September 30, 1998 and December 31, 1997,
  respectively ......................................       6,554,444      3,888,000
                                                        -------------    ------------
    Total liabilities and mandatorily
     redeemable preferred stock .....................      17,058,986     55,543,015
                                                        -------------    ------------
Common stockholders' equity (deficit):
  Common stock, $.01 par value: voting: 20,000,000
    shares authorized; 9,043,185 and 4,264,000
    shares issued at September 30, 1998 and December
    31, 1997, respectively; 8,965,685 and 4,261,500
    shares outstanding at September 30, 1998 and
    December 31, 1997, respectively .................        90,432           42,640
  Common stock, $.01 par value: non-voting:
    500,000 shares authorized, issued and
    outstanding at December 31, 1997 ................          --              5,000
  Additional paid-in capital ........................    58,540,888       14,013,092
  Accumulated deficit ...............................   (14,355,382)     (16,913,595)
  Less: cost of treasury stock, 77,500 and 2,500 
    shares, respectively ............................      (362,643)            (143)
  Deferred compensation .............................        (6,021)          (9,890)
                                                        ------------    ------------
    Total common stockholders' equity (deficit) .....    43,907,274       (2,862,896)
                                                        ------------    ------------
    Total liabilities, mandatorily redeemable
      preferred stock and common stockholders'
      equity (deficit) ..............................  $ 60,966,260     $ 52,680,119
                                                        ============    ============
</TABLE>

                                        1
<PAGE>

                      ACCESS WORLDWIDE COMMUNICATIONS, INC.

                      STATEMENTS OF OPERATIONS (UNAUDITED)


<TABLE>
<CAPTION>
                                                                            COMBINED                                   COMBINED
                                                                    ACCESS WORLDWIDE                           ACCESS WORLDWIDE
                                                   CONSOLIDATED  COMMUNICATIONS, INC.        CONSOLIDATED   COMMUNICATIONS, INC.
                                                ACCESS WORLDWIDE      & TLM HOLDINGS     ACCESS WORLDWIDE        & TLM HOLDINGS
                                             COMMUNICATIONS, INC.              CORP.  COMMUNICATIONS, INC.                CORP.
                                                ------------------------------------  -------------------------------------------
                                                        THREE MONTHS ENDED                      NINE MONTHS ENDED      
                                                --------------------------------------  -----------------------------------------
                                                SEPTEMBER 30, 1998  SEPTEMBER 30, 1997  SEPTEMBER 30, 1998     SEPTEMBER 30, 1997
                                                ------------------  ------------------  ------------------     ------------------
<S>                                              <C>                  <C>                  <C>                    <C>            
Revenues ...................................     $ 16,380,945         $  9,013,422         $ 47,397,255           $ 24,038,772   
Cost of revenues (exclusive of                                                                                                   
  depreciation) ............................        8,652,020            5,605,187           26,252,491             14,435,838   
                                                 ------------         ------------         ------------           ------------   
                                                                                                                                 
  Gross profit .............................        7,728,925            3,408,235           21,144,764             9,602,934    
Selling, general and adminis-                                                                                                    
  trative expenses (selling,                                                                                                     
  general and administrative                                                                                                     
  expenses paid to related parties                                                                                               
  are $237,256 and $93,540 and $732,596                                                                                           
  and $241,137, respectively) ..............        5,551,300            2,028,661           15,033,706              5,329,893   
Amortization expense .......................          367,704              191,200            1,077,161                547,140   
                                                 ------------         ------------         ------------           ------------   
  Income from operations ...................        1,809,921            1,188,374            5,033,897              3,725,901   
Interest income (expense) ..................            4,820               (1,389)              62,570                 35,885   
Interest income (expense)-related parties ..          111,844             (392,270)            (528,229)            (1,514,123)  
Other expense-related party ................             --                   --                   --                 (301,841)     
Other income (expense)......................             --                153,259                 --                     (549)  
                                                 ------------         ------------         ------------           ------------   
  Income before income                                                                                                           
    taxes ..................................        1,926,585              947,974            4,568,238              1,945,273   
Income tax expense .........................          845,151              446,907            2,010,025                940,916   
                                                 ------------         ------------         ------------           ------------   
  Net income ...............................     $  1,081,434         $    501,067        $   2,558,213           $  1,004,357   
                                                 ============         ============         ============           ============   
Earnings per share of                                                                                                            
  common stock                                                                                                                   
  basic ....................................     $       0.12         $       0.11         $       0.30           $       0.21   
                                                 ============         ============         ============           ============   
  diluted ..................................     $       0.12         $       0.10         $       0.30           $       0.21
                                                 ============         ============         ============           ============

</TABLE>


                                        2
<PAGE>

                      ACCESS WORLDWIDE COMMUNICATIONS, INC.

                      STATEMENTS OF CASH FLOWS (UNAUDITED)

                     FOR THE NINE MONTHS ENDED SEPTEMBER 30,

<TABLE>
<CAPTION>
                                                                                         COMBINED
                                                                                 ACCESS WORLDWIDE
                                                               CONSOLIDATED  COMMUNICATIONS, INC.
                                                           ACCESS WORLDWIDE        & TLM HOLDINGS
                                                       COMMUNICATIONS, INC.                 CORP.
                                                                       1998                 1997
                                                             --------------  --------------------
<S>                                                            <C>             <C>
Cash flows from operating activities:
  Net income ...............................................   $ 2,558,213      $ 1,004,357
  Adjustments to reconcile net income
   to net cash provided by operating
   activities:
   Depreciation and amortization ...........................     2,046,331          830,570
   Interest expense on mandatorily redeemable
     preferred stock .......................................        96,001          216,000
  Changes in operating assets and liabilities,
   excluding effects from acquisitions:
   Accounts receivable .....................................    (5,695,468)      (4,218,799)
   Due to related parties and affiliates ...................      (297,329)          49,095
   Other assets ............................................    (1,388,257)        (355,719)
   Accounts payable and accrued expenses ...................      (334,572)       1,565,957
   Accrued interest and related party expenses .............    (1,866,233)         899,517
   Accrued salaries, wages and related benefits ............     1,087,239          222,826
   Deferred revenue ........................................       174,983          307,716
                                                               ------------    ------------
    Net cash (used in) provided by
      operating activities .................................    (3,619,092)         521,520
                                                               ------------    ------------
Cash flows from investing activities:
  Additions to property and equipment, net .................    (4,185,386)        (756,033)
  Use of letter of credit ..................................          --         15,000,000
  Business acquisitions, net of cash
   acquired ................................................      (726,241)      (6,491,133)
                                                               ------------    ------------

    Net cash (used in) provided by investing activities ....    (4,911,627)       7,752,834
                                                               ------------    ------------

Cash flows from financing activities:
  Change in other assets related to deferred
   issuance costs...........................................    (1,919,328)             --
  Treasury stock purchases..................................      (362,500)            (143)
  Issuance of common stock..................................       695,050              --
  Payments on capital lease ................................       (54,536)        (219,165)
  Proceeds from notes payable - related
   party ...................................................     5,500,000        1,150,000
  Proceeds from sale of common and preferred
   stock ...................................................    44,640,000        1,999,500
  Borrowings under line of credit facility .................     1,970,000        5,660,000
  Repayments under line of credit facility .................    (6,000,000)        (250,000)
  Repayment of related party debt ..........................   (36,348,637)     (15,097,215)
                                                               ------------    ------------
    Net cash provided by (used in) financing
      activities............................................     8,120,049       (6,757,023)
                                                               ------------    ------------

    Net (decrease) increase in cash ........................      (410,670)       1,517,331
  Cash and cash equivalents, beginning of
   period ..................................................     2,014,711          300,387
                                                               ------------    ------------

  Cash and cash equivalents, end of period .................   $ 1,604,041     $  1,817,718
                                                               ============    ============

</TABLE>


                                        3
<PAGE>
          ACCESS WORLDWIDE COMMUNICATIONS, INC. AND TLM HOLDINGS CORP.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

1. BASIS OF PRESENTATION

The accompanying unaudited financial statements have been prepared in accordance
with generally accepted accounting principles for interim financial information
and pursuant to the rules and regulations of the Securities and Exchange
Commission ("SEC"). Accordingly, they do not include all of the information and
footnotes required by generally accepted accounting principles for complete
financial statements. For further information, refer to the financial statements
and footnotes included in the Company's Annual Report on Form 10-K.

The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect reported amounts included in the financial statements. In the opinion of
management, all adjustments necessary for a fair presentation of this interim
financial information have been included. Such adjustments consisted only of
normal recurring items. The results of operations for the nine months ended
September 30, 1998 are not necessarily indicative of the results to be expected
for the year ending December 31, 1998.

2. INCOME TAXES

The Company's effective tax rate of 44% in the first three quarters of 1998
differs from the Federal Statutory rate due primarily to state income taxes,
non-deductible goodwill amortization, and non-deductible preferred stock
dividends.

3. EARNINGS PER COMMON SHARE

      Earnings per common share are calculated as follows:

<TABLE>
<CAPTION>

                                                                        For the Three Months Ended
                                                                   ------------------------------------
                                                       September 30, 1998                  September 30, 1997
                                            ------------------------------------  ---------------------------------------   
                                              Income        Shares     Per Share       Income        Shares     Per Share
                                           (Numerator)  (Denominator)    Amount     (Numerator)  (Denominator)    Amount 
                                            ---------     ---------     --------     ---------     ---------     --------
<S>                                         <C>          <C>           <C>           <C>           <C>           <C>     
Basic .................................     $1,081,434    9,015,685    $    0.12     $ 501,067     4,763,167     $   0.11
Effect of dilutive securities:                                                                                           
    Stock options .....................            --        37,346           --            --        33,902           --
    Earnout contingency ...............            --        55,422           --            --        11,542           --
                                            ----------    ---------     --------     ---------     ---------     --------
Earnings per share of common                                                                                             
    stock - dilutive ..................     $1,081,434    9,108,453    $    0.12     $ 501,067     4,808,611    $    0.10
                                            ==========    =========     ========     =========     =========     ========
                                                                                     
                                                                          For the Nine Months Ended
                                                                   ------------------------------------
                                                       September 30, 1998               September 30, 1997
                                            ------------------------------------  ---------------------------------------
                                              Income        Shares     Per Share       Income        Shares     Per Share
                                           (Numerator)  (Denominator)    Amount     (Numerator)  (Denominator)    Amount 
                                            ---------     ---------     --------     ---------     ---------     --------
Basic                                       $2,558,213     8,517,525    $   .30     $1,004,357      4,687,056    $    .21
Effect of dilutive securities                                                                                            
    Stock options......................             --        76,308         --             --        154,431          --
    Earnout contingency ...............             --        60,854         --             --          3,847          --
                                            ----------    ----------    -------      ---------     ----------    --------
Earnings per share of common                                                                                             
    stock - dilutive ..................     $2,558,213     8,654,687    $   .30     $1,004,357      4,845,334    $    .21
                                            ==========    ==========    =======     ==========     ==========    ========
</TABLE>

4. COMMON STOCK
                                                
During the third quarter, the Company repurchased 75,000 shares of its common
stock for $362,500. The Company also issued 70,851 shares of its common stock as
a part of a 1997 purchase agreement whereby contingent payments of cash and
common stock are paid once certain financial goals are achieved.
                                         

                                        4
<PAGE>
ITEM 2.

         MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
                              RESULTS OF OPERATIONS

THREE MONTHS ENDED SEPTEMBER 30, 1998 COMPARED TO THREE MONTHS ENDED SEPTEMBER
30, 1997

Revenues for the third quarter of 1998 increased $7.4 million, or 82%, to $16.4
million compared to $9 million for the third quarter of 1997. In September of
1997, the Company acquired substantially all of the assets of Market Connections
Group, Inc. ("MCG" previously known as Hispanic Market Connections, Inc.). In
October of 1997, the Company acquired substantially all of the assets of Phoenix
Marketing Group, Inc. ("Phoenix"). The combined revenues for these two companies
included in the results of operations for the third quarter of 1998 is
approximately $5.9 million, or 80% of the increase. The remaining increase is
due primarily to the expansion of services provided to the Company's top ten
clients.

Cost of revenues increased to $8.7 million for the third quarter of 1998, from
$5.6 million in the third quarter of 1997, an increase of $3.0 million. Cost of
revenues as a percentage of sales decreased to 53% for the third quarter of
1998, compared to 62% for the second quarter of 1997. This reduction was
primarily the result of the Company being able to better utilize its existing
work force because of improved facilities and changes in work practices.

Selling, general and administrative expenses, increased $3.5 million, to $5.6
million for the third quarter of 1998, from $2.0 million for the third quarter
of 1997. Selling, general and administrative expenses as a percentage of
revenues increased to 34% for the third quarter of 1998, from 23% for the third
quarter of 1997. Approximately 56% of the increase was due to the acquisition
of MCG and Phoenix which have a different cost structure than the other
businesses. In addition, approximately 24% of the increase is due to the
creation of a corporate infrastructure needed to support the Company's future
growth.

Amortization expense increased for the third quarter of 1998 to $368,000, from
$191,000 for the third quarter of 1997. The increase is due to the acquisitions
indicated above.

Net interest expense decreased for the third quarter of 1998, due to the Company
paying off its debt incurred in acquiring all business units. The proceeds from
the initial public offering ("Offering") were used to reduce borrowings. In
addition, the preferred stock became non-interest bearing on February 10, 1998.

NINE MONTHS ENDED SEPTEMBER 30, 1998 COMPARED TO NINE MONTHS ENDED SEPTEMBER 30,
1997

Revenues for the first nine months of 1998 increased $23.4 million, or 97%,
to $47.4 million, compared to $24.0 million for the same period in 1997. Of this
increase, approximately $16.7 million, or 71%, resulted from the acquisitions of
MCG and Phoenix. In addition, approximately $5.9 million of the increase came
from additional services rendered to the Company's 1998 top ten clients.

Cost of revenues increased $11.8 million, to $26.3 million for the first nine
months of 1998, from $14.4 million for the first nine months of 1997. Cost
of revenues as a percentage of sales declined to 55% for the first nine 
months of 1998, when compared to 60% for the first nine months of 1997. The
decrease was due primarily to the Company's ability to more effectively utilize
its workforce because of improved facilities and changes in work practices.

Selling, general and administrative expenses increased $9.7 million, to $15.0
million for the first nine months of 1998, from $5.3 million for the first
nine months of 1997. Selling, general and administrative expenses as a
percentage of revenues increased to 32% for the first nine months of 1998,
from 22% for the first nine months of 1997. Approximately 58% of the increase
was due to the acquisition of MCG and Phoenix which have a different cost
structure than the other businesses. Approximately 16% of the increase is due
to the creation of a corporate infrastructure needed to support the Company's
future growth. The remaining increase was due to costs incurred from our
expanded capacity which will facilitate further internal growth.

Amortization expense increased $530,000, to $1,077,000 for the first nine
months of 1998, from $547,000 for the first nine months of 1997, due to the
acquisitions of MCG and Phoenix which did not occur until the later part of
1997.

Net interest expense decreased $1,013,000, to $466,000 for the first nine 
months of 1998, from $1,478,000 for the first nine months of 1997, as
proceeds from the Offering were used to reduce borrowings.
                                       5
<PAGE>

LIQUIDITY AND CAPITAL RESOURCES

At September 30, 1998, the Company had working capital of $9 million, an
increase of $14 million from ($5.0) million at December 31, 1997. As described
below, substantially all of the Company's net working capital resulted from the
completion of its Offering in February 1998. The Company's primary sources of
liquidity as of September 30, 1998 consist of cash and cash equivalents,
accounts receivable and borrowing availability under the Credit Facility (as
defined in the Company's Annual Report on Form 10-K).

The Company's accounts receivable turnover averaged 75 days for the period ended
September 30, 1998, and 58 days for the period ended December 31, 1997. The
increase was partially due to the acquisition of MCG and Phoenix and the timing
of payments.

Net cash used for operating activities during the first nine months of 1998 was
$3.6 million, compared to $522,000 provided by operating activities during the
first nine months of 1997. Approximately $2.8 million of the increase in cash
used for operating activities for 1998 as compared to 1997 was primarily the
result of accrued interest paid on related party debt. Approximately $1.5 of the
increase in cash used for operating activities was the result of increases in
accounts receivable due to increased sales, and an increase in days sales
outstanding.

The net cash used for investing activities during the first nine months of
1998 was $4.9 million compared to the net cash provided from investing
activities for the first nine months of 1997 of $7.8 million. Cash utilized
for capital expenditures increased by $3.4 million due to the expansion of the
Company's facilities, and upgrading of computer systems. During the first nine 
months of 1997, the Company used $6.5 million in investing activities to
acquire TeleManagement Services Inc. and received $15.0 million to repay
borrowings incurred in connection with the recapitalization of the Company on
December 6, 1996.

On February 19, 1998, the Company raised net proceeds of $44.6 million in the
Offering. The Company expects to meet its short term liquidity requirements
through net cash provided by operations and borrowing under the Credit Facility
(as defined in the Company's Annual Report on Form 10-K). Management believes
that these sources of cash will be sufficient to meet the Company's operating
needs and planned capital expenditures for at least the next 12 months.

YEAR 2000 ISSUE

As a rapidly growing outsource marketing service company, the Company is
dependent on computer systems and applications to conduct its business. Some
computer systems and applications include programming code in which calendar
year data is abbreviated to only two digits. As a result of this design
decision, some of these systems could fail to operate or fail to produce correct
results if "00" is interpreted to mean 1900, rather than 2000. These problems
are commonly referred to as the "Millennium Bug"or "Year 2000 Problem".

The Company has developed and is currently executing a comprehensive risk-based
plan designed to make its computer systems, applications and facilities Year
2000 ready. The plan covers four stages including (i) identification, (ii)
assessment, (iii) remediation, and (iv) testing.

The Company is in the process of identifying substantially all of the major
computers, software applications, and related equipment used in connection with
its internal operations that must be modified, upgraded, or replaced to minimize
the possibility of a material disruption to its business. The Company believes
that this process will be completed within the fourth quarter. Then the Company
will commence the assessment and remediation stages of modifying, upgrading, and
replacing major systems that have been identified as adversely affected, and
expects to complete this process before the end of the second quarter of 1999.
The testing stage is projected to be completed by third quarter of 1999.

In addition to computers and related systems, the operation of office equipment,
such as fax machines, photocopiers, telephone switches, security systems,
elevators and other common devices may be affected by the Year 2000 Problem. The
Company is currently assessing the potential effects of, and cost of
remediating, the Year 2000 Problem on its office equipment.

The Company has incurred costs to date of $86,000 and estimates the total cost
of any required modifications, upgrades, or replacements of its internal systems
to be $200,000. While the estimated cost of these efforts are not expected to be
material to the Company's financial position or any year's results of
operations, there can be no assurance to this effect. The estimated cost will be
monitored and will be revised as additional information becomes available.

The Company has initiated communications with its major clients and suppliers to
determine the extent to which the Company's interface systems are vulnerable to
those third parties' failure to remediate their own Year 2000 Problems. There
can be no assurance that these clients and suppliers will resolve any or all
Year 2000 Problems with its systems before the occurrence of a material
disruption to the business of the Company. Any failure of these clients and
suppliers to resolve Year 2000 Problems with their systems in a timely manner
could have a material adverse effect on the Company's business, financial
condition, and results of operation.

The Company expects to identify and resolve all Year 2000 Problems that could
materially adversely affect its business operations. However, since the number
of devices that could be effected and the interactions among these devices are
numerous, management believes that it is not possible to determine with complete
certainty that all Year 2000 Problems affecting the Company have been identified
or corrected.

The Company is currently developing contingency plans to be implemented as part
of its efforts to identify and correct Year 2000 Problems affecting its internal
systems. The Company expects to complete its contingency plans by early 1999.
Depending on the systems affected, these plans could include accelerated
replacement of affected equipment or software, short to medium-term use of
backup equipment and software, increased work hours for Company personnel or use
of contract personnel to correct on an accelerated schedule any Year 2000
Problems that arise or to provide manual workarounds for information systems,
and similar approaches. If the Company is required to implement any of these
contingency plans, it could have a material adverse effect on the Company's
financial condition and results of operations.

The discussion of the Company's efforts, and management's expectations, related
to Year 2000 compliance are forward-looking statements. The Company's ability to
achieve Year 2000 compliance and the level of incremental costs associated
therewith, could be adversely impacted by, among other things, the availability
and cost of programming and testing resources, vendors' ability to modify
proprietary software, and unanticipated problems identified in the ongoing
compliance review.

                                        6
<PAGE>

RISK FACTORS THAT MAY AFFECT FUTURE RESULTS

This report contains certain forward-looking statements which are based on
management's current views and assumptions. These statements are qualified by
reference to "Risk Factors" in the Prospectus in the Company's registration
statement on Form S-1 which lists important factors that could cause actual
results to differ materially from those discussed in this report.

PART II - OTHER INFORMATION

Item 6. Exhibits and Reports on Form 8-K

(a)     Exhibits

         27       Financial Data Schedule

                                   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, thereunto duly authorized.

                                    ACCESS WORLDWIDE COMMUNICATIONS, INC.


Date:  __________                   By: /s/ John Fitzgerald
                                    -------------------------------

                                    John Fizgerald, President and
                                    Chief Executive Officer
                                    (principal executive officer)

Date:  __________                   By: /s/ Michael Dinkins
                                    -------------------------------

                                    Michael Dinkins, Senior Vice
                                    President of Finance and Administration
                                    and Chief Financial Officer
                                    (principal financial officer)


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