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): May 13, 2004



                              TAG-IT PACIFIC, INC.
               (Exact Name of Registrant as Specified in Charter)




          DELAWARE                      1-13669                 95-4654481
(State or Other Jurisdiction          (Commission            (I.R.S. Employer
      of Incorporation)               File Number)           Identification No.)





               21900 BURBANK BLVD., SUITE 270
                 WOODLAND HILLS, CALIFORNIA                      91367
          (Address of Principal Executive Offices)             (Zip Code)




                                 (818) 444-4100
              (Registrant's Telephone Number, Including Area Code)





ITEM 7. - FINANCIAL STATEMENTS AND EXHIBITS.

         (a)      Financial Statements of business acquired.

                  None.

         (b)      Pro forma financial information.

                  None.

         (c)      Exhibits.

                  99.1     Press Release dated May 13, 2004, published by Tag-It
                           Pacific, Inc. (the "Registrant").



ITEM 12.  RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

         On May 13, 2004,  the Registrant  issued a press release  regarding its
financial  results for the first  quarter  ended March 31,  2004.  A copy of the
press release is attached hereto as Exhibit 99.1 and is  incorporated  herein by
this reference.

         The information in this report shall not be deemed "filed" for purposes
of Section 18 of the  Securities  Exchange  Act of 1934,  nor shall it be deemed
incorporated  by reference in any filing under the Securities Act of 1933 or the
Securities  Exchange  Act of 1934,  except  as shall be  expressly  set forth by
specific reference in such a filing.


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                                    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.


                                            TAG-IT PACIFIC, INC.



Date:    May 18, 2004                       By:      /S/ COLIN DYNE
                                               ---------------------------------
                                                     Colin Dyne
                                                     Chief Executive Officer


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                                  EXHIBIT INDEX

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

99.1           Press Release dated May 13, 2004, published by the Registrant.


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