~~Three~~UNITED ~~months~~STATES SECURITIES ~~Nine~~AND ~~months~~EXCHANGE ~~Year ended ended ended Sept. 30~~COMMISSION WASHINGTON, ~~Sept~~D. ~~30, Dec~~C. 31, 2002 2001 2002 2001 2001 Revenues Revenues from related party $ 30 $ - $ 145 $ - $ 251 Products 14 88 57 247 83 44 88 202 247 334 Cost of revenues Revenues from related party 21 - 51 - 155 Products 7 3 37 28 28 28 3 88 28 183 Gross profit 16 85 114 219 151 Operating expenses Research & Development, net 145 150 378 465 479 Selling & Marketing Expenses 9 5 45 12 21 General & Administrative Expenses 132 195 440 578 791 Amortization of other assets - 24 - 72 97 Non recurring income (212) - (212) - (180)20549

~~September~~FORM 30 December 31, 2002 2001 2001 ASSETS CURRENT ASSETS: Cash and Cash Equivalents $ 721 $ 2,375 $ 1,556 Trade Receivables 9 14 13 Other Accounts Receivable 127 164 130 Total Current Assets 857 2,553 1,699 INVESTMENT IN AFFILIATE 125 1,537 1,250 PROPERTY, PLANT AND EQUIPMENT, NET 68 96 88 OTHER ASSETS 186 211 186 TOTAL ASSETS $ 1,236 $ 4,397 $ 3,223 LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Short Term Bank Debt $ 3 $ 10 $ 10 Trade Payables 77 130 119 Other Accounts Payable 237 783 5466-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934

For the month of December, 2008

I.I.S. INTELLIGENT INFORMATION SYSTEMS LIMITED.
(Translation of Registrant’s Name Into English)

33 Jabotinsky Street
Ramat Gan, Israel
(Address of Principal Executive Offices)

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F x Form 40-F o

(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

Yes o No x

(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-_______.)

The following items is being submitted herewith as Exhibit 1:

Press Release dated December 24, 2008

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.

Date: December 24, 2008

I.I.S. INTELLIGENT INFORMATION SYSTEMS LIMITED

By: /s/ Robi Hartman
——————————————
Robi Hartman, Chief Executive Officer

Filing Compare · IIS INTELLIGENT INFORMATION SYSTEMS LTD