SECURITIES AND EXCHANGE COMMISSION ~~Washington~~WASHINGTON, D.C. 20549

_____________________

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ~~AND~~ EXCHANGE ACT OF 1934

Date of ~~Report~~report (Date of earliest event reported): ~~July~~August 3014, 2003

SYSTEMONE TECHNOLOGIES INC.

(Exact ~~name~~Name of ~~registrant~~Registrant as ~~specified~~Specified in its ~~charter~~Charter)

FLORIDA


Florida	000-21325	65-0226813

(State or Other Jurisdiction of Incorporation	(Commission File No.)	(IRS Employer Identification No.)

~~(State~~8305 orN.W. ~~other~~27th ~~jurisdiction~~Street, ofSuite 107, ~~incorporation)~~Miami, Florida 33122

000-21325		65-0226813
(Commission File Number)		(I.R.S. Employer Identification No.)

(Address of principal executive office)

8305 N.W. 27th Street Suite 107, Miami, Florida		33122
(Address of principal executive offices)		(Zip Code)

(305) 593-8015

(Registrant’s telephone number, including area code)

(Not Applicable)

(Former ~~name~~Names or ~~former~~Former ~~address~~Address, if ~~changed~~Changed ~~since~~Since ~~last~~Last ~~report~~Report)

~~Exhibit~~Item ~~Index~~7. atFinancial ~~Page~~Statements, 5Pro Forma Financial Information and Exhibits.

~~Item 5~~ (c) Exhibits. ~~Other Events and Regulation FD Disclosure.~~

On99.1 ~~July 30,~~Release ~~2003,~~of SystemOne Technologies Inc. (~~“SystemOne”) entered into a SystemOne Equipment Inspection and Repair Agreement (~~the “~~Repair Agreement~~Registrant”) ~~with~~, ~~Safety-Kleen~~dated ~~Systems~~August 14, ~~Inc. (“Safety-Kleen”)~~2003, ~~the~~for ~~exclusive~~its ~~North~~fiscal ~~American distributor~~quarter ofended ~~SystemOne~~June ~~parts~~30, ~~washers~~2003 ~~under~~(furnished ~~the Second Amended~~ and ~~Restated Marketing~~not ~~and~~filed ~~Distribution~~herewith ~~Agreement~~solely ~~dated~~pursuant asto ofItem ~~March 8, 2001 between SystemOne and Safety-Kleen (the “Marketing Agreement”~~12).

The Repair Agreement was entered into following Safety-Kleen’s assertions that the molded tanks in parts washers manufactured by SystemOne may develop leaks and were, therefore, defectively designed or manufactured, constituting a purported material breach of the Marketing Agreement by SystemOneItem 12. ~~SystemOne has~~Results ~~informed Safety-Kleen that it believes that the SystemOne parts washers are not defective, although damage caused by improper handling or maintenance~~ of ~~the~~ ~~parts~~Operations ~~washers can cause the molded tanks to leak,~~ and ~~that~~Financial ~~SystemOne believes that it is not in material breach of the Marketing Agreement~~Condition. ~~Even if~~ ~~SystemOne were in material breach, it believes that it is diligently pursuing a~~ cure of any such breach as permitted under the terms of the Marketing Agreement, including by performing the inspection and repair program under the Repair Agreement and through the introduction of a new molded tank design which SystemOne believes should virtually eliminate the risk of molded tanks developing leaks in handling, maintenance or normal use. If in fact SystemOne were in material breach of the Marketing Agreement and failed to cure or diligently pursue a cure of any such breach, Safety-Kleen would then have the right to terminate the Marketing Agreement upon 30 days’ further notice.

~~Pursuant~~On toAugust 14, ~~the Repair Agreement~~2003, ~~while not admitting that~~ the ~~molded tanks~~Registrant ~~are~~issued ~~defective or that there has been~~ a ~~material~~press ~~breach~~release ofannouncing ~~the Marketing~~its ~~Agreement,~~financial ~~SystemOne~~results ~~has~~for ~~agreed~~the tofiscal ~~inspect~~quarter ~~and~~ended ~~repair~~June 30, as required, the molded tanks in all washers in Safety-Kleen’s inventory and all washers placed with Safety-Kleen customers as to which tank leaks have been reported (approximately 250 to date) and others that are later reported2003. ~~Under~~A ~~the~~copy ~~Repair~~of ~~Agreement,~~ the ~~approximately 6000 units in Safety-Kleen’s inventory must be inspected and~~ ~~any~~press ~~necessary~~release ~~repairs~~is ~~completed~~furnished ~~within~~herewith 45as Exhibit ~~days;~~99.1 ~~customer units with storage tank leaks must be inspected~~ and ~~repaired~~is onincorporated ~~a rolling basis of 14 to 21 days~~herein ~~from~~by ~~the date that they are reported to SystemOne~~reference.

~~Although~~The ~~SystemOne~~information ~~believes~~contained ~~that~~herein ~~performance~~and ofin the ~~Repair~~accompanying ~~Agreement should~~exhibit ~~satisfy~~shall ~~Safety-Kleen’s~~not ~~concerns regarding the molded tanks, there can~~ be noincorporated ~~assurance~~by ~~that~~reference ~~Safety-Kleen~~into ~~will~~any ~~agree~~filing ~~that~~of the ~~full~~Registrant, ~~performance~~whether ~~of the~~made ~~Repair~~before ~~Agreement~~or ~~constitutes~~after athe ~~cure~~date hereof, regardless of any ~~alleged~~general ~~material breach of the~~incorporation ~~Marketing~~language ~~Agreement~~in orsuch ~~that~~filing, itunless ~~will~~expressly ~~ultimately~~incorporated ~~withdraw~~by ~~its~~specific ~~claim~~reference ~~that there~~to ~~has~~such ~~been~~filing. aThe ~~material~~information ~~breach~~in ofthis ~~the~~report, ~~Marketing~~including ~~Agreement~~the byexhibit ~~SystemOne. Furthermore~~hereto, shall ~~there~~not ~~can~~ be nodeemed ~~assurance that Safety-Kleen will not attempt~~ to ~~terminate~~ ~~the~~be ~~Marketing~~“filed” ~~Agreement~~for ~~based~~purposes ~~upon~~of ~~any~~Section 18 ~~such~~of ~~alleged~~the ~~breach or some~~Securities ~~other~~Exchange ~~basis.~~Act ~~Because~~of ~~Safety-Kleen~~1934, isas ~~SystemOne’s sole customer~~amended, ~~any termination~~ or ~~attempted~~otherwise ~~termination~~subject ofto the ~~Marketing~~liabilities ~~Agreement or other~~of ~~sustained~~that ~~failure~~section or ~~refusal~~Sections 11 onand ~~the~~12(a)(2) ~~part~~ of ~~Safety-Kleen~~the toSecurities ~~take~~Act ~~and~~of ~~pay~~1933, ~~for~~as ~~parts washers would~~amended.

~~have a material adverse effect on SystemOne’s results of operations, cash flows~~SIGNATURES ~~and financial condition and could require SystemOne to seek legal remedies and~~ to develop alternative distribution channels for its parts washers; there can be no assurance that SystemOne would be successful in any such legal proceedings or in developing such distribution channels or that it would have, or be able to obtain on appropriate terms, the financial resources necessary to pursue such legal remedies or withstand any sustained disruption of revenue while other distribution arrangements are established. In addition, although SystemOne currently estimates that the total cost of the inspection and repair effort under the Repair Agreement should be covered by its warranty reserves, SystemOne cannot be certain at this time of the ultimate cost of performing the Repair Agreement or whether such performance will ultimately have a material adverse effect on SystemOne’s financial condition, results of operations or cash flows.

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


		SYSTEMONE TECHNOLOGIES INC


Date: August 18, 2003		By: /s/ Steven M. Healy

		Steven M. Healy Director of Finance and Administration

~~Item 7.~~Index ~~Financial~~to ~~Statements, Pro Forma Financial Information and~~ Exhibits.


Exhibit No.		Exhibit Title

99.1		Press Release of SystemOne Technologies Inc., dated August 14, 2003, for its fiscal quarter ended June 30, 2003 (furnished and not filed herewith solely pursuant to Item 12).

The following Exhibit is provided in accordance with the provisions of Item 601 of Regulation S-B and is filed herewith:

10.1 SystemOne Equipment Inspection and Repair Agreement dated as of July 30, 2003.

SIGNATURES

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.

		SYSTEMONE TECHNOLOGIES INC.
Date: July 30, 2003		By: /s/ Paul I. Mansur
		Paul I. Mansur Chief Executive Officer

EXHIBIT INDEX

10.1 SystemOne Equipment Inspection and Repair Agreement dated as of July 30, 2003

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