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DSS, INC. Director's Dealing 2004

Oct 5, 2004

35136_dirs_2004-10-05_bc0d8b59-42e9-41c9-be21-9c583b2dccee.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: DOCUMENT SECURITY SYSTEMS INC (DSS)
CIK: 0000771999
Period of Report: 2004-09-24

Reporting Person: GREENSTEIN IRA A (Director)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Options $6.00 2004-09-24 Common Stock (2500) Direct

Footnotes

F1: Reflects the potential grant of 2,500 options to purchase shares of CommonStock pursuant to the Company's Non-Employee
Director Option Plan which was approved by the Board of Directors but has not been approved as of the date of this
filing by shareholders. The date of grant, assuming shareholder approval, will be the date that Reporting Person joined the
Board of Directors (September 24, 2004).

F2: Does not reflect any shares or other securities owned by IDT Capital Ventures Corporation, of which Mr. Greenstein
disclams beneficial ownership. Mr. Greenstein is an officer and director of IDT Corporation. IDT Capital Venture is a
subsidiary of IDT Corporation.