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<CONFORMED-NAME>IMMERSION CORP
<CIK>0001058811
<ASSIGNED-SIC>3577
<IRS-NUMBER>943180138
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
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<FILM-NUMBER>04930997
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<BUSINESS-ADDRESS>
<STREET1>801 FOX LANE
<CITY>SAN JOSE
<STATE>CA
<ZIP>95131
<PHONE>4084671900
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>801 FOX LANE
<CITY>SAN JOSE
<STATE>CA
<ZIP>95131
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<FORMER-CONFORMED-NAME>IMMERSION HUMAN INTERFACE CORP
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<FILENAME>a4687539.txt
<DESCRIPTION>IMMERSION CORPORATION
<TEXT>
                                  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): July 26, 2004


                              IMMERSION CORPORATION
             (Exact name of registrant as specified in its charter)



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



           Delaware                       000-27969           94-3180138
-------------------------------    ----------------------- --------------------
(State or other jurisdiction of   (Commission File Number)   (IRS Employer
        incorporation)                                     Identification No.)



                                  801 Fox Lane
                           San Jose, California 95131
               (Address of principal executive offices) (Zip Code)

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

       Registrant's telephone number, including area code: (408) 467-1900




                                 Not Applicable
          (Former name or former address, if changed since last report)




<PAGE>




Item 7.  Financial Statements and Exhibits.

         (c)      Exhibits.

Exhibit No.    Description
-----------    -----------
  99.1         Press Release dated July 26, 2004 regarding financial information
               for   Immersion   for  the  quarter   ended  June  30,  2004  and
               forward-looking statements relating to fiscal 2004.


<PAGE>

ITEM 12.  RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

     The information in this Current Report on Form 8-K and the Exhibit attached
hereto  shall not be deemed to be "filed" for the  purposes of Section 18 of the
Securities  Exchange  Act of 1934,  as  amended,  or  otherwise  subject  to the
liabilities  of that section or Sections 11 or 12(a)(2) of the Securities Act of
1933,  as amended.  The  information  contained  herein and in the  accompanying
Exhibit shall not be deemed to be incorporated by reference into any filing with
the Securities and Exchange Commission (the "SEC") made by Immersion Corporation
("Immersion") whether before or after the date hereof, regardless of any general
incorporation language in such filing.

     On July 26, 2004,  Immersion  issued a press release (the "Press  Release")
announcing Immersion's financial results for the quarter ended June 30, 2004 and
forward-looking  statements relating to fiscal 2004. A copy of the Press Release
is  attached  as  Exhibit  99.1  to  this  Current  Report  on  Form  8-K and is
incorporated herein by reference.

     This Current Report on Form 8-K contains forward-looking  statements within
the  meaning of Section  27A of the  Securities  Act of 1933,  as  amended,  and
Section  21E  of  the  Securities   Exchange  Act  of  1934,  as  amended.   The
forward-looking statements contained herein involve risks and uncertainties that
could cause actual  results to differ  materially  from those referred to in the
forward-looking   statements.  Such  risks  include  or  relate  to  Immersion's
projections of earnings, revenues, or other financial matters; any statements of
the plans,  strategies,  and  objectives  of management  for future  operations;
proposed  products  or  services;   any  statements  regarding  future  economic
conditions or performance;  and any statements  relating to delays in or failure
to achieve commercial demand for Immersion's  expanded  technology  offerings or
delays in or failure to achieve the  acceptance of force  feedback as a critical
user experience in new and existing markets for our business segments. These and
other risks related to Immersion are detailed in Immersion's  most recent report
on Form 10-Q for the  quarter  ended March 31, 2004 as filed with the SEC on May
14, 2004.  Immersion  does not undertake  any  obligation to update or alter its
forward-looking  statements,  whether  as a result  of new  information,  future
events or otherwise.

<PAGE>

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

                                    IMMERSION CORPORATION


Date:  July 26, 2004                By:  /s/ Victor Viegas
                                    -----------------------------------------
                                          Victor Viegas
                                          President, Chief Executive Officer,
                                          Chief Financial
                                          Officer and Director

                                       EXHIBIT INDEX


Exhibit
   No.            Description
--------          -----------

   99.1           Press  Release  dated  July  26,  2004   regarding   financial
                  information  for Immersion for the quarter ended June 30, 2004
                  and forward-looking statements relating to fiscal 2004.


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a4687539ex991.txt
<DESCRIPTION>NEWS RELEASE
<TEXT>
                                                                    Exhibit 99.1

 Immersion Corporation Reports Second Quarter 2004 Financial Results

    SAN JOSE, Calif.--(BUSINESS WIRE)--July 26, 2004--Immersion
Corporation, (Nasdaq:IMMR), a leading developer and licensor of touch
feedback technology, today announced revenues of $5.5 million for the
quarter ended June 30, 2004 compared to revenues of $4.1 million in
the second quarter of 2003. Net loss on a Generally Accepted
Accounting Principles (GAAP) basis for the second quarter of 2004 was
$4.8 million, or $0.21 per share, compared to a net loss of $4.4
million, or $0.22 per share, for the second quarter of 2003.
    Revenues for the six months ended June 30, 2004 were $10.9 million
compared to revenues of $7.9 million for the six months ended June 30,
2003. Net loss for the first six months of fiscal 2004 was $11.0
million, or $0.50 per share, compared to a net loss of $8.1 million,
or $0.40 per share, for the first six months of fiscal 2003. As of
June 30, 2004, Immersion had cash and cash equivalents totaling $18.2
million as compared to $18.8 million as of March 31, 2004.
    Vic Viegas, Immersion's CEO said, "This quarter's revenues grew 33
percent over the same quarter last year and were higher across each of
our businesses for the second consecutive quarter. Gross margins were
72 percent in the second quarter of 2004 compared to 65 percent for
the second quarter of 2003 due to a higher contribution from royalties
in the revenue mix. This increase was driven by licensing royalties
from the sales, by our licensees, of both console and PC gaming
peripherals. We expect continued revenue growth from all of our
businesses for the full year 2004 and therefore expect 2004 revenues
will be higher than the $20 million recorded in 2003."
    Viegas concluded, "The year-over-year increase in our quarterly
loss was due to higher litigation expense associated with the Sony
lawsuit and higher sales and marketing costs. Our investment in sales
and marketing is focused on increasing medical product sales and
developing business in the mobile phone market."
    Immersion will host a conference call with company management on
Monday, July 26, 2004, at 5:00 p.m. EDT to discuss operating results
for the second quarter ended June 30, 2004. A question and answer
session will follow. To listen to the call, dial 800-374-2366,
reservation number 4572185. The call will be archived and available
for replay until July 30, 2004, by dialing 800-642-1687, reservation
number 4572185. The call will also be simulcast on the Internet
through Immersion Corporation's Web site, http://www.immersion.com. An
audio replay of the call will be archived and available at
http://www.immersion.com for replay until July 26, 2005.

    About Immersion (www.immersion.com)

    Founded in 1993, Immersion Corporation is a recognized leader in
developing, licensing and marketing digital touch technology and
products. Bringing value to markets where man-machine interaction
needs to be made more compelling, safer, or productive, Immersion
helps its partners broaden market reach by making the use of touch
feedback as critical a user experience as sight and sound. Immersion's
technology is deployed across personal computing, entertainment,
medical training, automotive, and three-dimensional simulation
markets. Immersion and its wholly-owned subsidiaries hold more than
230 issued patents worldwide.

    Forward-Looking Statements

    This press release contains "forward-looking statements" that
involve risks and uncertainties, as well as assumptions that, if they
never materialize or prove incorrect, could cause the results of
Immersion Corporation and its consolidated subsidiaries to differ
materially from those expressed or implied by such forward-looking
statements.
    All statements, other than the statements of historical fact, are
statements that may be deemed forward-looking statements, including
any projections of earnings, revenues, or other financial matters; any
statements of the plans, strategies, and objectives of management for
future operations; proposed products or services; any statements
regarding future economic conditions or performance; and statements of
belief or assumptions underlying any of the foregoing. Immersion's
actual results might differ materially from those stated or implied by
such forward-looking statements due to risks and uncertainties
associated with Immersion's business which include, but are not
limited to, delay in or failure to achieve commercial demand for
Immersion's expanded technology offerings or a delay in or failure to
achieve the acceptance of force feedback as a critical user experience
in new and existing markets for our business segments.
    For a more detailed discussion of these factors, and other factors
that could cause the Company's actual results to vary materially,
interested parties should review the risk factors listed in the
Company's most current Form 10-Q, which is on file with the U.S.
Securities and Exchange Commission. The forward-looking statements in
this press release reflect the Company's beliefs and predictions as of
the date of this release. The Company disclaims any obligation to
update these forward-looking statements as a result of financial,
business, or any other developments occurring after the date of this
release.

    The Immersion logo is a trademark of Immersion Corporation. All
other trademarks are the property of their respective owners.


                         Immersion Corporation
            Condensed Consolidated Statements of Operations
               (In thousands, except per share amounts)
                              (Unaudited)

                                    Three Months        Six Months
                                   Ended June 30,     Ended June 30,
                                   2004     2003      2004     2003
                                  -------- -------- --------- --------

Revenues:
  Royalty and license             $ 1,899  $   804  $  3,730  $ 1,637
  Product sales                     2,879    2,465     5,323    4,613
  Development contracts and other     736      873     1,816    1,628
                                  -------- -------- --------- --------
    Total revenues                  5,514    4,142    10,869    7,878
                                  -------- -------- --------- --------

Costs and expenses:
  Cost of product sales
   (exclusive of amortization
   intangibles shown separately
   below)                           1,540    1,462     2,761    2,568
  Sales and marketing               2,826    1,885     5,288    3,676
  Research and development          2,077    1,739     3,966    3,428
  General and administrative        3,589    2,860     8,467    5,016
  Amortization of intangibles and
   deferred stock compensation        358      611       871    1,260
                                  -------- -------- --------- --------

    Total costs and expenses       10,390    8,557    21,353   15,948
                                  -------- -------- --------- --------

Operating loss                     (4,876)  (4,415)  (10,484)  (8,070)
Interest and other income
 (expense), net                        30      (29)     (530)     (31)
                                  -------- -------- --------- --------

Net loss                          $(4,846) $(4,444) $(11,014) $(8,101)
                                  ======== ======== ========= ========

Basic and diluted net loss per
 share                            $ (0.21) $ (0.22) $  (0.50) $ (0.40)
                                  -------- -------- --------- --------

Shares used in calculating basic
 and diluted net loss per share    23,198   20,179    21,994   20,162
                                  -------- -------- --------- --------


                         Immersion Corporation
                 Condensed Consolidated Balance Sheets
                            (In thousands)

                                               June 30,   December 31,
                                                2004        2003 (1)
                                             (Unaudited)
                                             ------------ ------------

ASSETS
  Cash and cash equivalents                      $18,214     $ 21,738
  Accounts receivable, net                         2,728        4,927
  Inventories                                      2,242        2,099
  Prepaid expenses and other current assets          710        1,099
                                             ------------ ------------

         Total current assets                     23,894       29,863

  Property and equipment, net                      1,294        1,454
  Intangibles and other assets, net                6,847        6,596
                                             ------------ ------------

         TOTAL ASSETS                            $32,035     $ 37,913
                                             ============ ============

LIABILITIES
  Accounts payable                               $ 2,673     $  1,752
  Accrued compensation                             1,263          864
  Other accrued liabilities                        1,429        2,066
  Deferred revenue and customer advances           2,705        3,116
  Current portion of long-term debt                   21           33
                                             ------------ ------------

         Total current liabilities                 8,091        7,831

  Long-term debt                                      11           16
  Long-term liabilities and deferred revenue       7,351        4,235
  Long-term customer advance from Microsoft       15,069       27,050
                                             ------------ ------------

         Total liabilities                        30,522       39,132

STOCKHOLDERS' EQUITY (DEFICIENCY)                  1,513       (1,219)
                                             ------------ ------------

TOTAL LIABILITIES & STOCKHOLDERS' EQUITY
 (DEFICIENCY)                                    $32,035     $ 37,913
                                             ============ ============

(1) Derived from the Company's annual audited financial statements.




    CONTACT: Immersion Corporation
             Mike Zuckerman, 408-467-1900
             Invest@immersion.com



</TEXT>
</DOCUMENT>
</SUBMISSION>
