UNITED STATES
                       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): September 9, 2003





                       MAGNITUDE INFORMATION SYSTEMS, INC.
             (Exact name of registrant as specified in its charter)


                                    Delaware
                 (State or other jurisdiction of incorporation)



          33-20432                                       75-2228828
   (Commission File Number)                   (IRS Employer Identification No.)


   401 State Route 24, Chester, New Jersey                  07930
   (Address of principal executive offices)               (Zip Code)


                                 (908) 879-2722
                        (Registrant's telephone number)




                    INFORMATION TO BE INCLUDED IN THE REPORT

ITEM 7.  Financial Statements and Exhibits

         Exhibits 99.1 Press Release dated September 9, 2003.

ITEM 9.  Regulation FD Disclosure

         On September 9, 2003, the Registrant issued a press release.  A copy of
         the press release is attached as Exhibit 99.1 to this report.



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                                   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.


                                     MAGNITUDE INFORMATION SYSTEMS, INC.


Dated: September 9, 2003             By: /S/ JOERG H. KLAUBE
                                         -----------------------------------
                                         Joerg H. Klaube
                                         Chief Financial Officer


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