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                                  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): June 20, 2006

                          TRACEGUARD TECHNOLOGIES, INC.
             (Exact name of registrant as specified in its charter)


           Nevada                 000-50329                     98-0370398
(State or Other Jurisdiction   (Commission File             (I.R.S. Employer
       of Incorporation)            Number)              Identification Number)

             330 Madison Avenue, 9th Floor, New York, New York 10017
               (Address of principal executive offices) (zip code)

                                 (866) 401-5969
              (Registrant's telephone number, including area code)

                                   Copies to:
                             Gregory Sichenzia, Esq.
                       Sichenzia Ross Friedman Ference LLP
                           1065 Avenue of the Americas
                            New York, New York 10018
                              Phone: (212) 930-9700
                               Fax: (212) 930-9725

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

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

|_|   Written  communications  pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)
|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)
|_|   Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
      Exchange Act (17 CFR 240.14d-2(b))
|_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
      Exchange Act (17 CFR 240.13e-4(c))

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ITEM 7.01   REGULATION FD DISCLOSURE

      On June 20, 2006,  TraceGuard  Technologies,  Inc.  announced  that it has
entered into a letter of intent to acquire  Laser Detect  Systems Ltd. A copy of
the press  release that  discusses  this matter is filed as Exhibit 99.1 to, and
incorporated  by reference in, this report.  In accordance  with  Regulation FD,
this current report is being filed to publicly disclose all information that was
provided  in its press  release.  This  report  under Item 7.01 is not deemed an
admission  as to the  materiality  of any  information  in this  report  that is
required to be disclosed solely by Regulation FD.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(a)   Financial statements of business acquired.

            Not applicable.

(b)   Pro forma financial information.

            Not applicable.

(c)   Exhibits

EXHIBIT
NUMBER                              DESCRIPTION
- --------    --------------------------------------------------------------------
99.1        Press   Release,   dated  June  20,  2006,   issued  by   TraceGuard
            Technologies, Inc.


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                                   SIGNATURES


      Pursuant to the  requirements  of the Securities and Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                        TRACEGUARD TECHNOLOGIES, INC.


Dated: June 20, 2006                    By:  /s/ David Ben-Yair
                                             -----------------------------------
                                        Name:    David Ben-Yair
                                        Title:   Chief Financial Officer





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