<PAGE>

                                   ----------

                                  UNITED STATES
                       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): FEBRUARY 7, 2006

                         DOCUMENT SECURITY SYSTEMS, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)



             NEW YORK                       0-14621              16-1229730
  (STATE OR OTHER JURISDICTION OF         (COMMISSION          (IRS EMPLOYER
          INCORPORATION)                  FILE NUMBER)       IDENTIFICATION NO.)



     FIRST FEDERAL PLAZA, SUITE 1525
           28 EAST MAIN STREET
              ROCHESTER, NY                                         14614
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)                         (ZIP CODE)


       Registrant's telephone number, including area code: (585) 325-3610


                                 NOT APPLICABLE
         (FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT.)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
<PAGE>

|_| Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))

<PAGE>

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

On February 7, 2006, Document Security Systems, Inc. ("DSSI"), through its
wholly owned subsidiary P3 Acquisition Sub, Inc., entered into and consummated
an Asset Purchase Agreement and thereby acquired substantially all of the assets
of Plastic Printing Professionals, Inc. ("P3") from P3 for $1.25 million in
cash, 18,704 shares of the DSSI's common stock and the assumption of certain
liabilities. The cash portion of the purchase price was paid using DSSI's cash
on hand. Michael Caulley and Jaeson Caulley have each signed multi-year
agreements to remain in their management roles of President and V.P. Plastics
Technologies, respectively. P3 is a security printer specializing in plastic
cards containing security technologies. P3 has 25 employees and had sales of
approximately $2.6 million in 2005. The assets purchased generally include the
seller's right, title and interest in and to, substantially all of the assets of
P3 and specifically include the following assets of P3:

   o  Cash on hand or in the bank as well as cash equivalents;

   o  Trade and accounts receivable;

   o  Inventory;

   o  Tangible personal property including machinery and equipment;

   o  Customer lists;

   o  Leaseholds;

   o  Rights, title and interest in and to all contracts, agreements, purchase
      orders licenses, and leases to which P3 is a party;

   o  Rights, title and interest of P3 in and to copyrights, trademarks, service
      marks, trade names, logos, EPA Registrations;

   o  Know-how, trade secrets, technology, software and production;

   o  Approvals, consents, licenses, permits, waivers or other authorizations
      issued, granted, given or otherwise made available under the authority of
      any government or political subdivision thereof or any executive,
      judicial, legislative, regulatory or administrative agency, authority or
      office;

   o  Engineering and production reports, consulting reports, health and safety
      data (including data in support of EPA Registration) marketing data and
      reports, forecasts, DacEasy billing data, product catalogues, technical
      equipment information and specifications, mailing lists, vendor and
      supplier lists, customer lists and any other similar information in
      tangible and/or electronic form;

   o  Goodwill in and going concern value of the Business, including the right
      to use the name "Plastic Printing Professionals" and "P3" and any
      variations thereof, and any goodwill related thereto;

   o  All other rights, interests, assets and items of property, real or
      personal, tangible or intangible, owned, used by or accruing to the
      benefit of Seller or necessary or desirable to enable Buyer to continue
      the Business substantially as conducted by Seller immediately before the
      closing date;

   o  All rights of P3 in its Patent Application.

   o  P3's working capital as it existed on the closing date.

                                       3
<PAGE>

A copy of the press release announcing the acquisition is attached as Exhibit
99.1 and is incorporated by reference into this Item 1.01.

ITEM 2.01.  COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS

The information required by this Item is contained in Item 1.01 herein, which is
incorporated herein by reference.




ITEM 9.01         FINANCIAL STATEMENTS AND EXHIBITS.

(c) Exhibits

Exhibit No.       Document
-----------       --------

99.1              Press Release of the Registrant dated February 8, 2006.







                                       4
<PAGE>

                                    SIGNATURE

      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.

Dated:  February 13, 2006
                                        DOCUMENT SECURITY SYSTEMS, INC.


                                        By:  /s/ Patrick A. White
                                             ----------------------------------
                                             Name:  Patrick A.White
                                             Title:   Chief Executive Officer



                                       5
<PAGE>

                                  EXHIBIT INDEX


EXHIBIT
NUMBER             DESCRIPTION
------             -----------

99.1               Press Release of the Registrant dated February 8, 2006.








                                       6
[{"type": "8-K", "sequence": "1", "filename": "b411684_8k.txt", "description": "FORM 8-K", "secsgml_size_bytes": 6493}]
{"company-data": {"conformed-name": "DOCUMENT SECURITY SYSTEMS INC", "cik": "0000771999", "assigned-sic": "7373", "irs-number": "161229730", "state-of-incorporation": "NY", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-32146", "film-number": "06605051"}, "business-address": {"street1": "36 WEST MAIN ST", "street2": "SUITE 710", "city": "ROCHESTER", "state": "NY", "zip": "14614", "phone": "585 232 1500"}, "mail-address": {"street1": "36 W MAIN ST", "street2": "SUITE 710", "city": "ROCHESTER", "state": "NY", "zip": "14614"}, "former-company": [{"former-conformed-name": "NEW SKY COMMUNICATIONS INC", "date-changed": "19920703"}, {"former-conformed-name": "THOROUGHBREDS USA INC", "date-changed": "19861118"}]}
----------

                                  UNITED STATES
                       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): FEBRUARY 7, 2006

                         DOCUMENT SECURITY SYSTEMS, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

             NEW YORK                       0-14621              16-1229730
  (STATE OR OTHER JURISDICTION OF         (COMMISSION          (IRS EMPLOYER
          INCORPORATION)                  FILE NUMBER)       IDENTIFICATION NO.)

     FIRST FEDERAL PLAZA, SUITE 1525
           28 EAST MAIN STREET
              ROCHESTER, NY                                         14614
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)                         (ZIP CODE)

       Registrant's telephone number, including area code: (585) 325-3610

                                 NOT APPLICABLE
         (FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT.)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

On February 7, 2006, Document Security Systems, Inc. ("DSSI"), through its
wholly owned subsidiary P3 Acquisition Sub, Inc., entered into and consummated
an Asset Purchase Agreement and thereby acquired substantially all of the assets
of Plastic Printing Professionals, Inc. ("P3") from P3 for $1.25 million in
cash, 18,704 shares of the DSSI's common stock and the assumption of certain
liabilities. The cash portion of the purchase price was paid using DSSI's cash
on hand. Michael Caulley and Jaeson Caulley have each signed multi-year
agreements to remain in their management roles of President and V.P. Plastics
Technologies, respectively. P3 is a security printer specializing in plastic
cards containing security technologies. P3 has 25 employees and had sales of
approximately $2.6 million in 2005. The assets purchased generally include the
seller's right, title and interest in and to, substantially all of the assets of
P3 and specifically include the following assets of P3:

   o  Cash on hand or in the bank as well as cash equivalents;

   o  Trade and accounts receivable;

   o  Inventory;

   o  Tangible personal property including machinery and equipment;

   o  Customer lists;

   o  Leaseholds;

   o  Rights, title and interest in and to all contracts, agreements, purchase
      orders licenses, and leases to which P3 is a party;

   o  Rights, title and interest of P3 in and to copyrights, trademarks, service
      marks, trade names, logos, EPA Registrations;

   o  Know-how, trade secrets, technology, software and production;

   o  Approvals, consents, licenses, permits, waivers or other authorizations
      issued, granted, given or otherwise made available under the authority of
      any government or political subdivision thereof or any executive,
      judicial, legislative, regulatory or administrative agency, authority or
      office;

   o  Engineering and production reports, consulting reports, health and safety
      data (including data in support of EPA Registration) marketing data and
      reports, forecasts, DacEasy billing data, product catalogues, technical
      equipment information and specifications, mailing lists, vendor and
      supplier lists, customer lists and any other similar information in
      tangible and/or electronic form;

   o  Goodwill in and going concern value of the Business, including the right
      to use the name "Plastic Printing Professionals" and "P3" and any
      variations thereof, and any goodwill related thereto;

   o  All other rights, interests, assets and items of property, real or
      personal, tangible or intangible, owned, used by or accruing to the
      benefit of Seller or necessary or desirable to enable Buyer to continue
      the Business substantially as conducted by Seller immediately before the
      closing date;

   o  All rights of P3 in its Patent Application.

   o  P3's working capital as it existed on the closing date.

                                       3
A copy of the press release announcing the acquisition is attached as Exhibit
99.1 and is incorporated by reference into this Item 1.01.

ITEM 2.01.  COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS

The information required by this Item is contained in Item 1.01 herein, which is
incorporated herein by reference.

ITEM 9.01         FINANCIAL STATEMENTS AND EXHIBITS.

(c) Exhibits

Exhibit No.       Document
-----------       --------

99.1              Press Release of the Registrant dated February 8, 2006.

                                       4
SIGNATURE

      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.

Dated:  February 13, 2006
                                        DOCUMENT SECURITY SYSTEMS, INC.

                                        By:  /s/ Patrick A. White
                                             ----------------------------------
                                             Name:  Patrick A.White
                                             Title:   Chief Executive Officer

                                       5
EXHIBIT INDEX

EXHIBIT
NUMBER             DESCRIPTION
------             -----------

99.1               Press Release of the Registrant dated February 8, 2006.

                                       6