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.

                                  May 10, 2004
                                  ------------
                Date of Report (Date of earliest event reported)


                              VIKING SYSTEMS, INC.
                              --------------------
           (Name of Small Business Issuer as specified in its charter)

                  Nevada                                 86-0913802
                  ------                                 -----------
      (State or other jurisdiction of                 (I.R.S. employer
       incorporation or organization)                 identification No.)

                            SEC File Number 000-49636

                 7514 Girard Ave, Suite 1509, La Jolla, CA 92037
                    (Address of principal executive offices)

         Registrant's telephone no., including area code: (858) 456-6608









In this current  report  references to "Viking,"  "we," "us," and "our" refer to
Viking Systems, Inc.

                           FORWARD LOOKING STATEMENTS

This  current  report  contains  certain  forward-looking   statements  and  any
statements  contained  in  this  current  report  that  are  not  statements  of
historical fact may be deemed to be forward-looking statements. Without limiting
the foregoing,  words such as "may," "will," "expect," "believe,"  "anticipate,"
"estimate"  or "continue"  or  comparable  terminology  are intended to identify
forward-looking statements. These statements by their nature involve substantial
risks and uncertainties, and actual results may differ materially depending on a
variety of factors, many of which are not within Viking's control. These factors
include,  but are not  limited  to,  economic  conditions  generally  and in the
markets in which Viking may participate, competition within Viking's markets and
failure by Viking to successfully develop business relationships.

ITEM 5: OTHER EVENTS AND REGULATION FD DISCLOSURE

     On May 10, 2004,  we expanded our Board of Directors  from three members to
four members. We appointed John Lyon as a director of Viking to fill the vacancy
created by the  expansion  of the size of our  Board.  Mr.  Lyon's  resume is as
follows:

     JOHN R. LYON. Mr. Lyon co-founded  Vista Medical  Technology,  Inc. in July
1993 and has served as its President since July 1993, as Chief Executive Officer
since  December  1996 and as a Director  since July 1995.  Prior to  co-founding
Vista  Medical,  Mr.  Lyon  served for three  years with  Cooper  Companies,  as
President of the  International  Division within Cooper's Health Care Group from
January 1991 through  December  1992,  and as  President of Cooper  Surgical,  a
manufacturer  and  distributor of minimally  invasive  surgical  products,  from
January  1992  through  January  1993.  Mr.  Lyon  also was  employed  by Kaiser
Aerospace in a business  development role from February 1993 until Vista Medical
was founded in July 1993.  Mr. Lyon holds a B.A. from the  University of Durham,
United Kingdom.


                                   SIGNATURES

     Pursuant to the  requirements of the Securities Act of 1934, the Registrant
has duly  caused  this  report  to be signed  on its  behalf by the  undersigned
thereunto duly authorized.

Dated: May 10, 2004                       VIKING SYSTEMS, INC.

                                    By /s/ Thomas B. Marsh
                                       -------------------------------
                                           Thomas B. Marsh,
                                           President/Chairman of the Board


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