=============================================================================== UNITED STATES 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 27, 2003 DATA SYSTEMS & SOFTWARE INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) ----------------------------------------------- Delaware 0-19771 22-2786081 ----------------------------- ------------------------- -------------------- (State or Other Jurisdiction (Commission file Number) (IRS Employer of Incorporation) Identification No.) 200 Route 17, Mahwah, New Jersey 07430 ---------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code (201) 529-2026 -------------- =============================================================================== Item 5. Other Events and Regulation FD Disclosure. ----------------------------------------- On February 27, 2003, we announced that, as a result of a decision by a Nasdaq Listing Panel, the listing of our common stock will be transferred to the Nasdaq SmallCap Market. Our press release announcing this transfer to the Nasdaq SmallCap Market is attached as Exhibit 99.1. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. ------------------------------------------------------------------ (c) Exhibits Exhibit 99.1 - Press release of Data Systems & Software Inc., dated February 27, 2003. 2 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 hereunto duly authorized. DATA SYSTEMS & SOFTWARE INC. Date: March 3, 2003 BY: /s/ Sheldon Krause -------------------------------- Sheldon Krause Secretary 3