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ACORN ENERGY, INC. Director's Dealing 2005

Jan 10, 2005

34398_dirs_2005-01-10_ca2a854e-080a-486d-9b17-9490cec7b21b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DATA SYSTEMS & SOFTWARE INC (DSSI)
CIK: 0000880984
Period of Report: 2004-12-30

Reporting Person: KAUFMAN YACOV (Vice President & CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-30	Stock Option	$0.91	A	75000	Acquired	2009-01-02	Common Stock (75000)	Direct

Footnotes

F1: Grant of options under Issuer's 1994 Stock Incentive Plan.

F2: The Options shall be exercisable in the following manner: 37,500 Options shall be exercisable on December 31, 2005 and the
remaining 37,500 Options shall be exercisable on December 31, 2006.

F3: N/A