CUMETRIX DATA SYSTEMS CORP
8-K, 1999-07-15
COMPUTERS & PERIPHERAL EQUIPMENT & SOFTWARE
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                       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): July 15, 1999


                           CUMETRIX DATA SYSTEMS CORP.
               (Exact Name of Registrant as Specified in Charter)


           California               001-14001                   95-4574138
  (State or Other Jurisdiction     (Commission                 (IRS Employer
        of Incorporation)          File Number)              Identification No.)


                                957 Lawson Street
                               Industry, CA 91748
                   (Address of Principal Executive Offices)

                                (626) 965-6899
                         (Registrant's Telephone Number)


<PAGE>


ITEM 5.  OTHER EVENTS

      Reference is made to the press release of the Registrant issued on July
15, 1999 which contains information meeting the requirements of this Item 5 and
is incorporated herein by this reference. A copy of the press release is
attached to this Form 8-K as Exhibit 99.1.


                                     Page 2
<PAGE>


      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.


July 15, 1999                             CUMETRIX DATA SYSTEMS CORP.



                                    By:   /s/ CARL L. WOOD
                                          ------------------------
                                          Carl L. Wood
                                          Chief Financial Officer


                                     Page 3
<PAGE>


                                  EXHIBIT INDEX

EXHIBIT NUMBER           DESCRIPTION OF EXHIBIT

99.1                     Press Release Issued July 15, 1999


                                     Page 4



                                                                    EXHIBIT 99.1

   CUMETRIX DATA SYSTEMS CORP. ANNOUNCES RECEIPT OF NASDAQ LETTER REGARDING
    POTENTIAL CHANGE OF LISTING STATUS AND CHANGE OF NASDAQ TRADING SYMBOL

      (BUSINESS WIRE)--July 15, 1999--Cumetrix Data Systems Corp. (NASDAQ:
CDSC), announced today that it received a letter from Nasdaq/Amex informing the
Company that, due to its failure to file timely its Annual Report on Form 10-K,
unless a request for a hearing is received from the Company prior to July 20,
1999, the Company's securities will be delisted from The Nasdaq Stock Market,
effective the close of business on July 20, 1999. The Company intends to
immediately request a hearing before the Nasdaq Office of Listing Qualifications
Hearings. The Company has been informed that the decision to delist the
Company's securities will be stayed pending the outcome of the hearing.

      Nasdaq has also informed the Company that, due to its failure to file
timely its Annual Report on Form 10-K, the Company's Nasdaq trading symbol will
be changed from "CDSC" to "CDSCE" effective with the opening of business on
Thursday, July 15, 1999

      Cumetrix Data Systems Corp. is a provider of computer-related products,
peripherals and configuration services through traditional sales channels and
through online e-commerce.  The Company is headquartered in City of Industry,
California.

      With the exception of historical information, certain statements in this
press release are forward-looking statements that involve risks and
uncertainties. Actual events or results may differ materially from the Company's
expectations due to various factors. Explanation of these factors and other
factors affecting the Company's performance are set forth from time to time in
the Company's filings with the U.S. Securities and Exchange Commission.

Contact: Carl L. Wood, 626-965-6899


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