-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Ht6p6Ja8HvJNdVeE6+uVK3kk4tID4haElkBg0PVl71It6bqhprQeAvDB4pH95pvg
 XE/VThlTFLWWXGYtBGzfSw==

<SEC-DOCUMENT>0000884300-09-000020.txt : 20090123
<SEC-HEADER>0000884300-09-000020.hdr.sgml : 20090123
<ACCEPTANCE-DATETIME>20090123152808
ACCESSION NUMBER:		0000884300-09-000020
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20090123
DATE AS OF CHANGE:		20090123

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INSIGNIA SYSTEMS INC/MN
		CENTRAL INDEX KEY:			0000875355
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS MANUFACTURING INDUSTRIES [3990]
		IRS NUMBER:				411656308
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-43578
		FILM NUMBER:		09542125

	BUSINESS ADDRESS:	
		STREET 1:		8799 BROOKLYN BLVD.
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55445
		BUSINESS PHONE:		7633926200

	MAIL ADDRESS:	
		STREET 1:		8799 BROOKLYN BLVD.
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55445

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PERKINS CAPITAL MANAGEMENT INC
		CENTRAL INDEX KEY:			0000884300
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				411501962
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		730 EAST LAKE STREET
		CITY:			WAYZATA
		STATE:			MN
		ZIP:			55391-1769
		BUSINESS PHONE:		9524738367

	MAIL ADDRESS:	
		STREET 1:		730 EAST LAKE STREET
		CITY:			WAYZATA
		STATE:			MN
		ZIP:			55391

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PERKINS CAPITAL MANAGEMENT INC ET AL
		DATE OF NAME CHANGE:	19960212
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>isigye08ga.txt
<DESCRIPTION>ISIG13GA
<TEXT>
                             SECURITIES AND EXCHANGE
                                   COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G/A


                   Under the Securities Exchange Act of 1934
                                Amendment No. | 24 |

                              Insignia Systems Inc.
                                (Name of Issuer)


                                 Common Shares
                         (Title of Class of Securities)


                                  45765Y-10-5
                                 (CUSIP Number)


                                December 31, 2008
            (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>

CUSIP No. 45765Y-10-5                    13G/A                 Page 2 of 5 Pages


________________________________________________________________________________
1.   NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

     Perkins Capital Management, Inc.  41-1501962
________________________________________________________________________________
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                 (a)  [_]
                                                                 (b)  [_]
________________________________________________________________________________
3.   SEC USE ONLY


________________________________________________________________________________
4.   CITIZENSHIP OR PLACE OF ORGANIZATION

     State of Minnesota

________________________________________________________________________________
              	5.   SOLE VOTING POWER

              		767,500
NUMBER OF     _________________________________________________________________
SHARES        	6.   SHARED VOTING POWER
BENEFICIALLY
OWNED BY EACH      	0
REPORTING     _________________________________________________________________
PERSON WITH   7.   SOLE DISPOSITIVE POWER

                   	1,301,767
              _________________________________________________________________
              8.   SHARED DISPOSITIVE POWER

                   0
________________________________________________________________________________
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     1,301,767
________________________________________________________________________________
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          [_]
________________________________________________________________________________
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     8.5%
________________________________________________________________________________
12.  TYPE OF REPORTING PERSON*
     IA
________________________________________________________________________________

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>

Item 1(a)  Name of Issuer:

     Insignia Systems, Inc.

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

     8799 Brooklyn Blvd
     Minneapolis, MN  55445

Item 2(a)  Name of Person Filing:

     Perkins Capital Management, Inc.

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

     730 East Lake Street
     Wayzata, MN  55391

Item 2(a)  Citizenship:

     State of Minnesota

Item 2(d)  Title of Class of Securities:

     Common Shares

Item 2(e)  CUSIP Number:

     45765Y-10-5

Item 3. If this statement is filed pursuant to Rules 240.13d-1(b) or
        240.13d-2(b) or (c), check whether the person filing is a:
     (a)  [_]  Broker or dealer registered under Section 15 of the Act (15
               U.S.C.78o);
     (b)  [_]  Bank as defined in Section 3(a)(6) of the Act (15 U.S.C.78c);
     (c)  [_]  Insurance  company as defined in Section 3(a)(19) of the Act (15
               U.S.C.78c);
     (d)  [X]  Investment  company  registered under Section 8 of the Investment
               Company Act of 1940 (15 U.S.C.8a-8);
     (e)  [X]  An Investment Adviser in accordance with Section 240. 13d-1(b)(1)
               (ii)(E);
     (f)  [_]  An employee  benefit plan or endowment  fund in  accordance  with
               Section 240. 13d-1(b)(1)(ii)(F);
     (g)  [_]  A parent  holding  company or control  person in accordance  with
               Section 240. 13d-1(b)(1)(ii)(G);
     (h)  [_]  A savings  association  as defined in Section 3(b) of the Federal
               Deposit Insurance Act (12 U.S.C. 1813);
     (i)  [_]  A  church  plan  that  is  excluded  from  the  definition  of an
               investment  company  under  Section  3(c)(14)  of the  Investment
               Company Act of 1940 (15 U.S.C.80a-3);
     (j)  [_]  Group, in accordance with Section 240. 13d-1(b)(1)(ii)(J).
     If this statement is filed pursuant to Section 240 13d-1(c),
     check this box. [ ]


Item 4. Ownership.

     (a)  Amount beneficially owned:

          1,301,767

     (b)  Percent of class:

          8.5%

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

          (i)  Sole power to vote or to direct the vote
               767,500

          (ii) Shared power to vote or to direct the vote
               0

         (iii) Sole power to dispose or to direct the disposition of
               1,301,767

          (iv) Shared power to dispose or to direct the disposition of
               0

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

     If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [  ].

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

     n/a

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

     n/a

Item 8. Identification and Classification of Members of the Group.

     n/a

Item 9. Notice of Dissolution of Group.

     n/a











Item 10. Certification.

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

                                    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.

				 			 January 22, 2009
			                	    _________________________
		                                             (Date)



				            	     /s/Richard C. Perkins
           					    __________________________
 	   						  (Signature)

			                   	        Richard C. Perkins
		           			   Executive VP/Portfolio Manager
			               	           ______________________________
							   (Name/Title)
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
