NETWORK-1 TECHNOLOGIES, INC. — Director's Dealing 2007

Oct 26, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETWORK 1 SECURITY SOLUTIONS INC (NSSI-OTC)
CIK: 0001065078
Period of Report: 2007-10-25

Reporting Person: RUBENSTEIN BARRY (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-25	Common Stock	S	194280	$1.75	Disposed	0	Indirect
2007-10-25	Common Stock	S	16868	$1.75	Disposed	0	Indirect
2007-10-25	Common Stock	S	1280207	$1.75	Disposed	0	Indirect
2007-10-25	Common Stock	S	36500	$1.8717	Disposed	583483	Indirect
2007-10-25	Common Stock	S	36500	$1.8717	Disposed	792726	Indirect
2007-10-25	Common Stock	S	100000	$1.75	Disposed	194810	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	150012	Direct
Common Stock	309316	Indirect
Common Stock	1049	Indirect

Footnotes

F1: The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest
therein.