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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 LnX3xg0nKfXue4RbzTNyWdi0r5N4MfRXkV8+nCP+BdZ8zwB/nrHe8j9+kopSZqiK
 hte6FVYELOBqZmkguH4JCw==

<SEC-DOCUMENT>0001085037-05-000338.txt : 20050323
<SEC-HEADER>0001085037-05-000338.hdr.sgml : 20050323
<ACCEPTANCE-DATETIME>20050323120649
ACCESSION NUMBER:		0001085037-05-000338
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050104
ITEM INFORMATION:		Unregistered Sales of Equity Securities
ITEM INFORMATION:		Other Events
FILED AS OF DATE:		20050323
DATE AS OF CHANGE:		20050323

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PLURISTEM LIFE SYSTEMS INC
		CENTRAL INDEX KEY:			0001158780
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		IRS NUMBER:				980351734
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31392
		FILM NUMBER:		05698405

	BUSINESS ADDRESS:	
		STREET 1:		MATAM ADVANCED TECHNOLOGY PARK
		STREET 2:		BUILDING NO. 20
		CITY:			HAIFA
		STATE:			L3
		ZIP:			31905
		BUSINESS PHONE:		972-4-850-1080

	MAIL ADDRESS:	
		STREET 1:		MATAM ADVANCED TECHNOLOGY PARK
		STREET 2:		BUILDING NO. 20
		CITY:			HAIFA
		STATE:			L3
		ZIP:			31905

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AI SOFTWARE INC
		DATE OF NAME CHANGE:	20010906
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>f8k032305.htm
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<A NAME=A001></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>UNITED STATES
SECURITIES AND<BR>EXCHANGE COMMISSION <BR>Washington, D.C. 20549 </FONT></H1>

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<A NAME=A003></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FORM 8-K </FONT></H1>

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<A NAME=A004></A>
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>CURRENT REPORT</B>  <BR>Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934 </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Date of Report (Date of
earliest event reported) <B>January 4, 2005</B> </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>PLURISTEM LIFE
SYSTEMS, INC. </B> <BR>(Exact name of registrant as specified in its charter)  </FONT></P>

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<A NAME=A005></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Nevada</B>  <BR>(State or other jurisdiction of
incorporation) </FONT></P>

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<A NAME=A006></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>001-31392</B>  <BR>(Commission File Number) </FONT></P>

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<A NAME=A008></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>98-0351734</B> <BR>(IRS Employer Identification No.) </FONT></P>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>MATAM Advanced Technology
Park, Building No. 20, Haifa, Israel  31905</B> <BR>(Address of principal executive offices and
Zip Code) </FONT></P>

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<A NAME=A009></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>011-972-4-850-1080</B>  <BR>Registrant&#146;s telephone number,
including area code </FONT></P>

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<A NAME=A010></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Not Applicable </B> <BR>(Former name or former address, if
changed since last report) </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>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: </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[ ] Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425) </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[ ] Soliciting material pursuant to
Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[ ] Pre-commencement communications pursuant
to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[ ] Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </FONT></P>

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<A NAME=A014></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 3.02. Unregistered
Sales of Equity Securities </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The board of directors of our company
approved the issuance of 2,400,000 shares of our common stock and the issuance of
2,400,000 common stock purchase warrants as a bonus to our Chief Executive Officer, Dr.
Shai Meretzki, in connection with the issuance of a Notice of Allowance by the United
States Patent Office for our patent application number 09/890,401. Each warrant is
exercisable until November 30, 2006 into one common share at a price of $0.30 per share.
We have agreed to register the shares issuable on exercise of the warrants. The securities
are to be issued in reliance on Regulation S. </FONT></P>

<HR SIZE=1 NOSHADE>
<P ALIGN=CENTER> 2 </P>

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<A NAME=A015></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 8.01. Other Events </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>On January 4, 2005, 2005, the United
States Patent office issued a Notice of Allowance of Patent for our patent application
number 09/890,401. We consider the granting of this patent to be extremely important to
our company as we will have United States patent protection for a fundamental invention
which is the basis of our research and development. The patent is called &#147;Method of
Producing Undifferentiated Hematopoietic Stem Cells Using a Stationary Phase Plug Flow
Bioreactor&#148;. We are required to pay a fee by April 4, 2005 in order to have the
patent granted. In connection with the issuance of the Notice of Allowance we have granted
to Dr. Shai Meretzki, our Chief Executive Officer, a bonus payable in common shares and
common share purchase warrants. </FONT></P>

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<A NAME=A016></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>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. </FONT></P>


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<A NAME=A017></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PLURISTEM LIFE SYSTEMS,
INC. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Default" -->
<A NAME=A018></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By: /s/ Shai Meretzki<BR>Shai
Meretzki<BR>Date: March 23, 2005 </FONT></P>

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