DSS, INC. — Director's Dealing 2004

Oct 5, 2004

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: FAGENSON ROBERT B (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	800000	Direct
Common Stock	100000	Indirect
Common Stock	50000	Indirect
Common Stock	50000	Indirect

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 Common Stock 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).