SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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) June 2, 2005
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DOCUMENT SECURITY SYSTEMS, INC.
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(Exact name of Registrant as specified in charter)
New York 0-14621 16-1229730
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(State or other jurisdic- (Commission (IRS Employer
tion of incorporation) File Number) Identification No.)
First Federal Plaza Suite 1525 28 East Main Street, Rochester, New York 14614
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (585) 325-3610
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(Former name or former address, if changed since last report.)
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FOLLOWING PROVISIONS:
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Exchange Act (17 CFR 240.14d-2(b))
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Act (17 CFR 240.13e-4(c))
ITEM 5.02 APPOINTMENT OF PRINCIPAL OFFICERS
Document Security Systems Inc. ("Document Security" or "DSS") has hired
a new controller who will serve as the principal accounting officer for DSS. Mr.
Philip Jones is expected to commence his duties on June 13, 2005.
Mr. Jones does not have a formal employment agreement with DSS and had
no prior business relationship with DSS.
Since October 2000, Mr. Jones has been Controller at American Fiber
Systems, Inc. located in Rochester, NY. From December 1998 through October 2000,
Mr. Jones was the Accounting Manager and Director of Finance for Zapata
Corporation. In addition, for a two year term from February 2003 through July
2004, Mr. Jones held a position at the public accounting firm of
PriceWaterhouseCoopers. Mr. Jones previously served as a senior auditor at
Arthur Andersen from December 1996 through December 1998.
Mr. Jones is a certified public accountant and has a master of Business
Administration from the Rochester Institute of Technology which he received in
1994. Mr. Jones received his Bachelor of Arts in Economics from the State
University of New York at Genoseo in 1991.
ITEM 8.01 OTHER EVENTS.
The Board of Directors of DSS has approved a proposed plan of sale,
adopted pursuant to Rule 10b-5, for Mr. Thomas Wicker for a total of up to
65,000 shares of Common Stock owned by him. The proposed plan provides that Mr.
Wicker will sell the shares between a date commencing as early as five days
after the filing of this Report and December 31, 2005. Mr. Wicker is an officer
and director of DSS. Mr. Wicker owns a total of 1,025,000 shares of Common
Stock.
Item 9.01 Financial Statements and Exhibits.
None
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SIGNATURE
FORM 8-K OF DOCUMENT SECURITY SYSTEMS DATED JUNE 6 2005
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report on Form 8-K to be signed on its
behalf by the undersigned hereunto duly authorized.
Dated: June 6, 2005 DOCUMENT SECURITY SYSTEMS, INC.
(Registrant)
By: /s/ Patrick A. White
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Patrick A. White
Chief Executive Officer
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