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 9, 2005 Monolithic System Technology, Inc. (Exact name of registrant as specified in its charter) 000-32929 (Commission File Number) Delaware 77-0291941 (State or other jurisdiction of (I.R.S. Employer Identification No.) incorporation) 1020 Stewart Drive Sunnyvale, California 94085 (Address of principal executive offices, with zip code) (408) 731-1800 (Registrant's telephone number, including area code) 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 2.02 Results of Operations and Financial Condition. On May 9, 2005, Monolithic System Technology, Inc. issued a press release announcing its financial results for the first fiscal quarter ended March 31, 2005. A copy of this press release is furnished as Exhibit 99.1 to this report. The information disclosed under this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing. Item 9.01 Financial Statements and Exhibits. (c) Exhibits. Exhibit No. Description -------------------------------------------------------------------------------- 99.1 Press Release issued May 9, 2005 2 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. MONOLITHIC SYSTEM TECHNOLOGY, INC. Date: May 9, 2005 By: /s/ Mark Voll ------------------------------------------- Mark Voll Vice President, Finance & Administration, Chief Financial Officer, Secretary and Interim Chief Executive Officer 3 EXHIBIT INDEX ------------- Exhibit No. Description ----------- ----------- 99.1 Press Release issued May 9, 2005 4