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): June 30, 2005

                        Patient Safety Technologies, Inc.
             (Exact name of registrant as specified in its charter)

           Delaware                811-05103                   13-3419202
(State or Other Jurisdiction   (Commission File             (I.R.S. Employer
       of Incorporation)            Number)              Identification Number)

              100 Wilshire Blvd., Ste. 1500, Santa Monica, CA 90401
               (Address of principal executive offices) (zip code)

                                 (310) 752-1416
              (Registrant's telephone number, including area code)

                                   Copies to:
                               Marc J. Ross, Esq.
                       Sichenzia Ross Friedman Ference LLP
                           1065 Avenue of the Americas
                            New York, New York 10018
                              Phone: (212) 930-9700
                               Fax: (212) 930-9725

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))


<PAGE>

Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.

      On June 30,  2005,  Patient  Safety  Technologies,  Inc.  (the  "Company")
appointed Philip Gatch as the Company's Chief Technology Officer.

      On July 1, 2005,  Mr.  Gatch was  appointed  Chief  Technology  Officer of
Digicorp,  a Utah  corporation  whose common stock is quoted on the OTC Bulletin
Board.  Since May 12,  2005,  Mr.  Gatch has been a 50% owner and  President  of
Cinapse   Digital  Media,   LLC,  a  company  that  operates  a  production  and
post-production  media  content  facility.  The  Company  owns the  other 50% of
Cinapse  Digital  Media,  LLC. From  September  2003 to June 2005, Mr. Gatch was
Director of  Technical  Services of The DR Group.  From  February  2002 to April
2003, Mr. Gatch was Director of Research and  Development  for  Media.net.  From
1999 to 2002,  Mr. Gatch was Director of Research  and  Development  for Digital
Entertainment Solutions.

      On May 12, 2005, the Company  purchased  certain assets from Mr. Gatch for
use in a production and post-production  media content facility (the "Production
Assets").  As  consideration  for the  Production  Assets the Company issued Mr.
Gatch:  (1) 17,241  shares of the Company's  common  stock;  and (2) warrants to
purchase 8,621 shares of the Company's  common stock with a three-year  term and
an  exercise  price  of $5.80  per  share.  Also on May 12,  2005,  the  Company
contributed the Production Assets to Cinapse Digital Media, LLC and entered into
an  operating  agreement  with Mr. Gatch for the  operation  of Cinapse  Digital
Media,  LLC. Under the operating  agreement,  the Company and Mr. Gatch each own
50% of the membership  interests of Cinapse  Digital Media,  LLC. The Company is
the sole managing member of Cinapse  Digital Media,  LLC. The profits and losses
of Cinapse  Digital  Media,  LLC are  allocated  to the Company and Mr. Gatch in
proportion with their membership interests.  Mr. Gatch also acts as President of
Cinapse Digital Media LLC, for which he is paid a salary of $100,000 per year.

      Except  for the  sale of the  Production  Assets  to the  Company  and the
operating  agreement of Cinapse  Digital  Media,  LLC,  there was no transaction
during the last two years,  or any proposed  transactions,  to which the Company
was or is to be a  party,  in which  Mr.  Gatch  had or is to have a  direct  or
indirect material interest.  There are no family relationships between Mr. Gatch
and the Company's directors,  executive officers or persons nominated or charged
by the Company to become directors or executive  officers.  The Company does not
currently  have an  employment  agreement  in effect for the  employment  of Mr.
Gatch.


                                       1
<PAGE>

                                   SIGNATURES

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

                                       Patient Safety Technologies, Inc.


Dated: July 7, 2005                    By:  /s/ Milton Ault
                                           -------------------------------------
                                           Name:   Milton "Todd" Ault, III
                                           Title:  Chief Executive Officer

                                       2
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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): June 30, 2005

                        Patient Safety Technologies, Inc.
             (Exact name of registrant as specified in its charter)

           Delaware                811-05103                   13-3419202
(State or Other Jurisdiction   (Commission File             (I.R.S. Employer
       of Incorporation)            Number)              Identification Number)

              100 Wilshire Blvd., Ste. 1500, Santa Monica, CA 90401
               (Address of principal executive offices) (zip code)

                                 (310) 752-1416
              (Registrant's telephone number, including area code)

                                   Copies to:
                               Marc J. Ross, Esq.
                       Sichenzia Ross Friedman Ference LLP
                           1065 Avenue of the Americas
                            New York, New York 10018
                              Phone: (212) 930-9700
                               Fax: (212) 930-9725

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 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.

      On June 30,  2005,  Patient  Safety  Technologies,  Inc.  (the  "Company")
appointed Philip Gatch as the Company's Chief Technology Officer.

      On July 1, 2005,  Mr.  Gatch was  appointed  Chief  Technology  Officer of
Digicorp,  a Utah  corporation  whose common stock is quoted on the OTC Bulletin
Board.  Since May 12,  2005,  Mr.  Gatch has been a 50% owner and  President  of
Cinapse   Digital  Media,   LLC,  a  company  that  operates  a  production  and
post-production  media  content  facility.  The  Company  owns the  other 50% of
Cinapse  Digital  Media,  LLC. From  September  2003 to June 2005, Mr. Gatch was
Director of  Technical  Services of The DR Group.  From  February  2002 to April
2003, Mr. Gatch was Director of Research and  Development  for  Media.net.  From
1999 to 2002,  Mr. Gatch was Director of Research  and  Development  for Digital
Entertainment Solutions.

      On May 12, 2005, the Company  purchased  certain assets from Mr. Gatch for
use in a production and post-production  media content facility (the "Production
Assets").  As  consideration  for the  Production  Assets the Company issued Mr.
Gatch:  (1) 17,241  shares of the Company's  common  stock;  and (2) warrants to
purchase 8,621 shares of the Company's  common stock with a three-year  term and
an  exercise  price  of $5.80  per  share.  Also on May 12,  2005,  the  Company
contributed the Production Assets to Cinapse Digital Media, LLC and entered into
an  operating  agreement  with Mr. Gatch for the  operation  of Cinapse  Digital
Media,  LLC. Under the operating  agreement,  the Company and Mr. Gatch each own
50% of the membership  interests of Cinapse  Digital Media,  LLC. The Company is
the sole managing member of Cinapse  Digital Media,  LLC. The profits and losses
of Cinapse  Digital  Media,  LLC are  allocated  to the Company and Mr. Gatch in
proportion with their membership interests.  Mr. Gatch also acts as President of
Cinapse Digital Media LLC, for which he is paid a salary of $100,000 per year.

      Except  for the  sale of the  Production  Assets  to the  Company  and the
operating  agreement of Cinapse  Digital  Media,  LLC,  there was no transaction
during the last two years,  or any proposed  transactions,  to which the Company
was or is to be a  party,  in which  Mr.  Gatch  had or is to have a  direct  or
indirect material interest.  There are no family relationships between Mr. Gatch
and the Company's directors,  executive officers or persons nominated or charged
by the Company to become directors or executive  officers.  The Company does not
currently  have an  employment  agreement  in effect for the  employment  of Mr.
Gatch.

                                       1
SIGNATURES

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

                                       Patient Safety Technologies, Inc.

Dated: July 7, 2005                    By:  /s/ Milton Ault
                                           -------------------------------------
                                           Name:   Milton "Todd" Ault, III
                                           Title:  Chief Executive Officer

                                       2