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) AUGUST 18, 2003

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                          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 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

(c)  Exhibits

         Exhibit 99.1 - Press release of Registrant, dated August 18, 2003.


ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On August 18, 2003, we announced our results for the second quarter ended June
30, 2003. Our press release announcing the results is attached as Exhibit 99.1.




                                   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:  August 19, 2003                              BY:  /s/ Sheldon Krause
                                                        ------------------------
                                                          Sheldon Krause
                                                          Secretary