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 2004

        Date of report (date of earliest event reported): November 16, 2005

                       MAGNITUDE INFORMATION SYSTEMS, INC.
             (Exact name of registrant as specified in its charter)

                                    Delaware
                 (State or other jurisdiction of incorporation)

            33-20432                                 75-2228828
      (Commission File Number)           (IRS Employer Identification No.)

                  401 State Route 24, Chester, New Jersey 07930
               (Address of principal executive offices) (Zip Code)

                                 (908) 879-2722
                         (Registrant's telephone number)

                              --------------------

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>

                    INFORMATION TO BE INCLUDED IN THE REPORT

Item 8.01. Other Events.

           On November 16, 2005, the Registrant issued the press release
           attached as Exhibit 99.1.


Exhibit

99.1       Description of Exhibit
           Press Release dated November 16, 2005


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, thereunto duly authorized.


                                           MAGNITUDE INFORMATION SYSTEMS, INC.

Dated:  November 16, 2005                  By: /s/ Joerg H. Klaube
                                               --------------------
                                               Joerg H. Klaube
                                               Chief Financial Officer
{"company-data": {"conformed-name": "MAGNITUDE INFORMATION SYSTEMS INC", "cik": "0000838796", "assigned-sic": "7372", "irs-number": "752228828", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-32485", "film-number": "051208895"}, "business-address": {"street1": "401 ROUTE 24", "city": "CHESTER", "state": "NJ", "zip": "07930", "phone": "9088792722"}, "mail-address": {"street1": "401 ROUTE 24", "city": "CHESTER", "state": "NJ", "zip": "07930"}, "former-company": [{"former-conformed-name": "PROFORMIX SYSTEMS INC", "date-changed": "19970801"}, {"former-conformed-name": "WHITESTONE INDUSTRIES INC", "date-changed": "19930429"}, {"former-conformed-name": "FORTUNISTICS INC", "date-changed": "19920703"}]}
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 2004

        Date of report (date of earliest event reported): November 16, 2005

                       MAGNITUDE INFORMATION SYSTEMS, INC.
             (Exact name of registrant as specified in its charter)

                                    Delaware
                 (State or other jurisdiction of incorporation)

            33-20432                                 75-2228828
      (Commission File Number)           (IRS Employer Identification No.)

                  401 State Route 24, Chester, New Jersey 07930
               (Address of principal executive offices) (Zip Code)

                                 (908) 879-2722
                         (Registrant's telephone number)

                              --------------------

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))
INFORMATION TO BE INCLUDED IN THE REPORT

Item 8.01. Other Events.

           On November 16, 2005, the Registrant issued the press release
           attached as Exhibit 99.1.

Exhibit

99.1       Description of Exhibit
           Press Release dated November 16, 2005

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, thereunto duly authorized.

                                           MAGNITUDE INFORMATION SYSTEMS, INC.

Dated:  November 16, 2005                  By: /s/ Joerg H. Klaube
                                               --------------------
                                               Joerg H. Klaube
                                               Chief Financial Officer