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 15, 2003


                              TAG-IT PACIFIC, INC.
               (Exact Name of Registrant as Specified in Charter)


            Delaware                   1-13669                   95-4654481
(State or Other Jurisdiction         (Commission               (IRS Employer
      of Incorporation)             File Number)             Identification No.)


                         21900 Burbank Blvd., Suite 270
                            Woodland Hills, CA 91367


                    (Address of Principal Executive Offices)


                                 (818) 444-4100
                         (Registrant's Telephone Number)







ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

     (c)  Exhibits

          99.1        Press release dated May 15, 2003.

ITEM 9.  REGULATION FD DISCLOSURE

On May 15, 2003, Tag-It Pacific,  Inc. (the "Registrant") issued a press release
regarding  its  financial  results for the first quarter ended March 31, 2003. A
copy of the press release is attached hereto as Exhibit 99.1.

The  information  provided in this Current  Report on Form 8-K is being provided
pursuant  to  Item  12  of  Form  8-K,  "Results  of  Operations  and  Financial
Condition."  In  accordance  with  General  Instruction  B.6 of  Form  8-K,  the
information  in this report shall not be deemed  "filed" for purposes of Section
18 of the Securities  Exchange Act of 1934, nor shall it be deemed  incorporated
by reference in any filing under the  Securities  Act of 1933 or the  Securities
Exchange  Act of 1934,  except  as  shall be  expressly  set  forth by  specific
reference in such a filing.


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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 hereunto duly authorized.

May 15, 2003                     TAG-IT PACIFIC, INC.


                                 By:        /s/ Ronda Sallmen
                                          -----------------------------------
                                          Ronda Sallmen
                                          Chief Financial Officer


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                                  EXHIBIT INDEX

Exhibit
Number            Description
- ------            -----------

99.1              Press Release dated May 15, 2003, published by the Registrant.


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