-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001193125-05-028869.txt : 20050214
<SEC-HEADER>0001193125-05-028869.hdr.sgml : 20050214
<ACCEPTANCE-DATETIME>20050214144051
ACCESSION NUMBER:		0001193125-05-028869
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20050214
DATE AS OF CHANGE:		20050214

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MIND CTI LTD
		CENTRAL INDEX KEY:			0001119083
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-60417
		FILM NUMBER:		05608031

	BUSINESS ADDRESS:	
		STREET 1:		INDUSTRIAL PARK BUILDING 7
		CITY:			YOQNEAM ILIT ISRAEL
		STATE:			L3
		ZIP:			20692
		BUSINESS PHONE:		97249936666

	MAIL ADDRESS:	
		STREET 1:		PO BOX 144
		CITY:			YOQNEAM ILIT ISRAEL
		ZIP:			20692

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OBERWEIS ASSET MANAGEMENT INC/
		CENTRAL INDEX KEY:			0000937886
		IRS NUMBER:				364106772

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		C/O OBERWEIS ASSET MANAGEMENT INC
		STREET 2:		951 ICE CREAM DR #200
		CITY:			NORTH AURORA
		STATE:			IL
		ZIP:			60542
		BUSINESS PHONE:		8003236166

	MAIL ADDRESS:	
		STREET 1:		C/O OBERWEIS ASSET MANAGEMENT INC
		STREET 2:		951 ICE CREAM DR #200
		CITY:			N AURORA
		STATE:			IL
		ZIP:			60542
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>dsc13g.txt
<DESCRIPTION>MIND C.T.I. LTD.
<TEXT>
<PAGE>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                   Under the Securities Exchange Act of 1934

                             (Amendment No._____)*

                                Mind C.T.I. Ltd.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                                  Common Stock
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   M70240102
                        ------------------------------
                                 (CUSIP Number)

                                December 31, 2004
- --------------------------------------------------------------------------------
            (Date of Event Which Requires Filing of this Statement)


     Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

                                  [X] Rule 13d-1(b)
                                  [_] Rule 13d-1(c)
                                  [_] Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.


The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).


                                 Page 1 of 10 pages

<PAGE>

CUSIP NO. M70240102                      13G                  Page 2 of 10 Pages
         ------------
- --------------------------------------------------------------------------------
 1.   Name of Reporting Person.
      I.R.S. Identification Nos. of Above Persons (entities only).
         Oberweis Asset Management, Inc.
- --------------------------------------------------------------------------------
 2.   Check the Appropriate Box If a Member of a Group (See Instructions)
         Not Applicable                                         (a) [_]
                                                                (b) [_]
- --------------------------------------------------------------------------------
 3.   SEC Use Only

- --------------------------------------------------------------------------------
 4.   Citizenship or Place of Organization
         Illinois
- --------------------------------------------------------------------------------
                     5.   Sole Voting Power
   NUMBER OF                 None
    SHARES         -------------------------------------------------------------
 BENEFICIALLY        6.   Shared Voting Power
   OWNED BY                  1,123,000
     EACH          -------------------------------------------------------------
  REPORTING          7.   Sole Dispositive Power
    PERSON                   None
     WITH          -------------------------------------------------------------
                     8.   Shared Dispositive Power
                             1,123,000
- --------------------------------------------------------------------------------
 9.   Aggregate Amount Beneficially Owned by Each Reporting Person
           1,123,000
- --------------------------------------------------------------------------------
10.   Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares
      (See Instructions)
           Not Applicable                                           [_]
- --------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)
           5.3%
- --------------------------------------------------------------------------------
12.   Type of Reporting Person (See Instructions)
           IA
- --------------------------------------------------------------------------------

<PAGE>

CUSIP NO. M70240102                      13G                  Page 3 of 10 Pages
         ------------
- --------------------------------------------------------------------------------
 1.   Name of Reporting Person.
      I.R.S. Identification Nos. of Above Persons (entities only).
         James D. Oberweis
- --------------------------------------------------------------------------------
 2.   Check the Appropriate Box If a Member of a Group (See Instructions)
         Not Applicable                                         (a) [_]
                                                                (b) [_]
- --------------------------------------------------------------------------------
 3.   SEC Use Only

- --------------------------------------------------------------------------------
 4.   Citizenship or Place of Organization
         U.S.A.
- --------------------------------------------------------------------------------
                     5.   Sole Voting Power
   NUMBER OF                 None
    SHARES         -------------------------------------------------------------
 BENEFICIALLY        6.   Shared Voting Power
   OWNED BY                  1,123,000
     EACH          -------------------------------------------------------------
  REPORTING          7.   Sole Dispositive Power
    PERSON                   None
     WITH          -------------------------------------------------------------
                     8.   Shared Dispositive Power
                             1,123,000
- --------------------------------------------------------------------------------
 9.   Aggregate Amount Beneficially Owned by Each Reporting Person
           1,123,000
- --------------------------------------------------------------------------------
10.   Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares
      (See Instructions)
           Not Applicable                                           [_]
- --------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)
           5.3%
- --------------------------------------------------------------------------------
12.   Type of Reporting Person (See Instructions)
           IN
- --------------------------------------------------------------------------------

<PAGE>

CUSIP NO. M70240102                      13G                  Page 4 of 10 Pages
         ------------
- --------------------------------------------------------------------------------
 1.   Name of Reporting Person.
      I.R.S. Identification Nos. of Above Persons (entities only).
         James W. Oberweis
- --------------------------------------------------------------------------------
 2.   Check the Appropriate Box If a Member of a Group (See Instructions)
         Not Applicable                                         (a) [_]
                                                                (b) [_]
- --------------------------------------------------------------------------------
 3.   SEC Use Only

- --------------------------------------------------------------------------------
 4.   Citizenship or Place of Organization
         U.S.A.
- --------------------------------------------------------------------------------
                     5.   Sole Voting Power
   NUMBER OF                 None
    SHARES         -------------------------------------------------------------
 BENEFICIALLY        6.   Shared Voting Power
   OWNED BY                  1,123,000
     EACH          -------------------------------------------------------------
  REPORTING          7.   Sole Dispositive Power
    PERSON                   None
     WITH          -------------------------------------------------------------
                     8.   Shared Dispositive Power
                             1,123,000
- --------------------------------------------------------------------------------
 9.   Aggregate Amount Beneficially Owned by Each Reporting Person
           1,123,000
- --------------------------------------------------------------------------------
10.   Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares
      (See Instructions)
           Not Applicable                                           [_]
- --------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)
           5.3%
- --------------------------------------------------------------------------------
12.   Type of Reporting Person (See Instructions)
           IN
- --------------------------------------------------------------------------------

<PAGE>

Item 1(a)                  Name of Issuer:

                                    Mind C.T.I. Ltd.

Item 1(b)                  Address of Issuer's Principal Executive Offices:

                                    Industrial Park
                                    Building #7
                                    Yoqneam, 20692, Israel

Item 2(a)                  Name of Person Filing:

                                    Oberweis Asset Management, Inc. ("OAM")
                                    James D. Oberweis
                                    James W. Oberweis

Item 2(b)                  Address of Principal Business Office or, if none,
                           Residence:

                                    OAM, James D. Oberweis and James W. Oberweis
                                    are located at:

                                    951 Ice Cream Drive, Suite 200
                                    North Aurora, IL  60542

Item 2(c)                  Citizenship:

                                    OAM is an Illinois Corporation.
                                    James D. Oberweis and James W. Oberweis are
                                    U.S. citizens.

Item 2(d)                  Title of Class of Securities:

                                    Common Stock

Item 2(e)                  CUSIP Number:

                                    M70240102

Item 3                     Type of Person:

                                    (e)     OAM is an investment adviser in
                                            accordance with Section 240.13d-1(b)
                                            (1)(ii)(E). James D. Oberweis and
                                            James W. Oberweis are the principal
                                            stockholders of OAM.

Item 4                     Ownership (at December 31, 2004):

                                    (a)     Amount owned "beneficially" within
                                            the meaning of rule 13d-3:

                                            1,123,000 shares

                                    (b)     Percent of class:

                                            5.3% (based on 20,997,320 shares
                                            outstanding on December 31, 2003)

                                   Page 5 of 10 pages

<PAGE>

                                    (c)     Number of shares as to which such
                                            person has:

                                                 (i)   sole power to vote or to
                                                       direct the vote: none
                                                (ii)   shared power to vote or
                                                       to direct the vote:
                                                       1,123,000
                                               (iii)   sole power to dispose or
                                                       to direct the disposition
                                                       of: none
                                                (iv)   shared power to dispose
                                                       or to direct disposition
                                                       of: 1,123,000

                                    OAM serves as investment adviser to The
                                    Oberweis Funds (the "Fund"). Various of
                                    OAM's shareholders and employees are also
                                    officers and trustees of the Fund, but OAM
                                    does not consider the Fund to be controlled
                                    by such persons. Although the Fund is not
                                    controlled by OAM, pursuant to Rule 16d-3(a)
                                    the 1,123,000 shares beneficially owned by
                                    the Fund, with respect to which the Fund has
                                    delegated to OAM shared voting power and
                                    shared dispositive power, are considered to
                                    be shares beneficially owned by OAM by
                                    reason of such delegated powers. In addition
                                    to the shares beneficially owned by the
                                    Fund, other clients of OAM may own shares
                                    which are not included in the aggregated
                                    number of shares reported herein because OAM
                                    does not have or share voting or investment
                                    power over those shares.

Item 5                     Ownership of Five Percent or Less of a Class:

                                    Not Applicable

Item 6                     Ownership of More than Five Percent on Behalf of
                           Another Person:

                                    The shares reported herein have been
                                    acquired on behalf of discretionary clients
                                    of OAM. Persons other than OAM are entitled
                                    to receive all dividends from, and proceeds
                                    from the sale of, those shares.

Item 7                     Identification and Classification of the Subsidiary
                           Which Acquired the Security Being Reported on by the
                           Parent Holding Company:

                                    Not Applicable

Item 8                     Identification and Classification of Members of the
                           Group:

                                    Not Applicable

Item 9                     Notice of Dissolution of Group:

                                    Not Applicable

                                   Page 6 of 10 pages


<PAGE>

Item 10                    Certification:

By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired and are held in the ordinary course
of business and were not acquired and are not held for the purpose of or with
the effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.


                               Page 7 of 10 pages


<PAGE>

                                    Signature
                                    ---------

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Date:  February 14, 2005

          The undersigned corporation, on the date above written, agrees and
          consents to the joint filing on its behalf of this Schedule 13G in
          connection with its beneficial ownership of the security reported
          herein.

                                      OBERWEIS ASSET MANAGEMENT, INC.



                                      By:  /s/ Patrick B. Joyce
                                           -------------------------------------
                                               Patrick B. Joyce
                                               Executive Vice President

          The undersigned individual, on the date above written, agrees and
          consents to the joint filing on his behalf of this Schedule 13G in
          connection with his beneficial ownership of the security reported
          herein.

                                      By:  /s/ James D. Oberweis
                                           ------------------------------------
                                               James D. Oberweis

          The undersigned individual, on the date above written, agrees and
          consents to the joint filing on his behalf of this Schedule 13G in
          connection with his beneficial ownership of the security reported
          herein.

                                      By:  /s/ James W. Oberweis
                                           ------------------------------------
                                               James W. Oberweis


                                    Page 8 of 10 pages

<PAGE>

                                  Exhibit Index
                                  -------------

Exhibit 1         Joint Filing  Agreement  dated as of February 14, 2005 between
                  Oberweis Asset Management, Inc., James D. Oberweis and
                  James W. Oberweis



                                    Page 9 of 10 pages
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>dex991.txt
<DESCRIPTION>JOINT FILING AGREEMENT
<TEXT>
<PAGE>


                                                                       EXHIBIT 1

                                  JOINT FILING AGREEMENT

         The undersigned hereby agree to the joint filing of the Schedule 13G to
which this Agreement is attached.

Dated:  February 14, 2005

                                         OBERWEIS ASSET MANAGEMENT, INC.



                                         By:  /s/ Patrick B. Joyce
                                              ----------------------------------
                                                  Patrick B. Joyce
                                                  Executive Vice President

                                               JAMES D. OBERWEIS

                                               /s/ James D. Oberweis
                                               ---------------------------------


                                               JAMES W. OBERWEIS

                                               /s/ James W. Oberweis
                                               ---------------------------------



                                   Page 10 of 10 pages
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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