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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (Date of Earliest Event Reported): February 26, 2004
DATA SYSTEMS & SOFTWARE INC.
(Exact Name of Registrant as Specified in its Charter)
Delaware 0-19771 22-2786081
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(State or Other Jurisdiction (Commission file Number) (IRS Employer
of Incorporation) Identification No.)
200 Route 17, Mahwah, New Jersey 07430
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (201) 529-2026
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Item 5. Other Events.
On February 26, 2004, the Registrant announced that pursuant to a
decision of a Nasdaq Listing Qualifications Panel, the Registrant's Common Stock
will continue to be listed on The Nasdaq SmallCap Market under the symbol
"DSSCE" based upon an exception to Rule 4310(c)(14) of the Nasdaq Marketplace
rules. The press release relating to such announcement is filed as Exhibit 99.1
hereto.
On March 3, 2004, the Registrant announced that it had retained
Foresight, an Israeli strategic and financial consulting and research firm, to
perform a valuation of the Registrant, its various subsidiaries and its Comverge
Inc. equity affiliate, as well as perform other analysis to be utilized by the
Board of Directors of the Registrant in its exploration of possible strategic
alternatives. The press release relating to such announcement is filed as
Exhibit 99.2 hereto.
Item 7. Financial Statements and Exhibits.
(c) Exhibit 99.1 Press Release dated February 26, 2004
Exhibit 99.2 Press Release dated March 3, 2004
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned, hereunto duly authorized, in the Township of Mahwah,
State of New Jersey, on March 5, 2004.
DATA SYSTEMS & SOFTWARE INC.
BY: /s/ Yacov Kaufman
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Yacov Kaufman
Vice President and Chief Financial Officer