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)       May 8, 2001
                                                      -----------------------

                            QUAD SYSTEMS CORPORATION
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             (Exact name of registrant as specified in its charter)

  Delaware                               0-21504                 23-2180139
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(State or other jurisdiction           (Commission             (IRS Employer
   of incorporation)                     File Number)        Identification No.)


 2405 Maryland Road, Willow Grove, Pennsylvania                      19090
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  (Address of principal executive offices)                        (Zip Code)



Registrant's telephone number, including area code        (215) 657-6202
                                                  ------------------------------


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          (Former name or former address, if changes since last report)



         Item 5.  Other Events

         On April 10, 2001, the Company filed its February 2001 Monthly
         Operating Report ("MOR") pursuant to United States Trustee's Operating
         Guidelines for Chapter 11 Cases, and pursuant to 28 U.S.C. Section
         586(a) (3). A copy of such report is attached as an exhibit to this
         filing.

         The attachments and exhibits referenced in the MOR are not attached as
         part of Exhibit 99, but are available at the Office of the United
         States Trustee and the United State Bankruptcy Court for the Eastern
         District of Pennsylvania. In addition, the Registrant agrees that it
         will furnish a copy of any such omitted attachment or exhibit to the
         Commission upon request.

                  Exhibit 99        February 2001 Monthly Operating Report





                                       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 thereunto duly authorized.

                                              QUAD SYSTEMS CORPORATION


         Dated:  May 8, 2001                  By       /s/ Anthony R. Drury
                                                 -------------------------------
                                                 Anthony R. Drury
                                                 Senior Vice President, Finance
                                                 and Chief Financial Officer
                                                 (Principal Accounting Officer
                                                 and duly authorized officer)





                                  EXHIBIT INDEX

       EXHIBIT NO.                                     EXHIBIT

          99                            February 2001 Monthly Operating Report