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): MARCH 1, 2004 --------------------- CATUITY INC. (Exact name of registrant as specified in its charter) DELAWARE 000-30045 38-3518829 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 2711 E. JEFFERSON AVE. DETROIT, MICHIGAN 48207 (313)-567-4348 (Address of principal (Registrant's telephone number, executive offices) including area code) NOT APPLICABLE (Former name or former address, if changed since last report.) ITEM 5. OTHER EVENTS Catuity has been informed by Target Corporation that the retailer intends to phase out its use of smart chip technology over the next 12 months. A copy of the press release issued by Catuity on February 29, 2004 is attached as Exhibit I to this Form 8-K. SIGNATURE 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. CATUITY INC. (Registrant) By /s/ John H. Lowry --------------------------------------------- John H. Lowry Senior Vice President, Chief Financial Officer & Secretary Date: March 1, 2004 1 EXHIBIT INDEX Exhibit No. Exhibit Description - ---------- ------------------- I Press Release