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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): January 14, 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 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On January 14, 2004, the Registrant engaged Kesselman & Kesselman, a
member of PricewaterhouseCoopers International Limited ("Kesselman"), as the
Registrant's independent auditors for the fiscal year ended December 31, 2003.
Kesselman has also been engaged to review the Registrant's interim
financial statements contained in the Registrant's quarterly report on Form 10-Q
for the quarter ended September 30, 2003, which was filed on November 14, 2003
without an independent auditor review, subsequent to the resignation of the
Registrant's former independent auditors on October 9, 2003.
During the Registrant's two most recent fiscal years, and the interim
period prior to the engagement of Kesselman, neither the Registrant nor anyone
acting on behalf of the Registrant consulted Kesselman with respect to the
application of accounting principles to a specified transaction, either
completed or proposed, or the type of audit opinion that might be rendered on
the Registrant's financial statements, or on any other matter that was either
the subject of a disagreement (as defined in paragraph (a)(1)(iv) of Item 304 of
Regulation S-K and the related instructions thereto) or a reportable event (as
defined in paragraph (a)(1)(v) of Item 304 of Regulation S-K).
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 January 15, 2004.
DATA SYSTEMS & SOFTWARE INC.
BY: /s/ Yacov Kaufman
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Yacov Kaufman
Vice President and
Chief Financial Officer