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

~~______________~~SECURITIES ~~FORM~~AND ~~8-K~~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~~The ofSecurities ~~Report~~Exchange ~~(Date~~Act of ~~earliest~~1934 ~~event reported) October 23, 2000~~

~~______________~~Date of Report (Date of earliest event reported) February 20, 2003

STM WIRELESS, INC. ~~(Exact name of Registrant as specified in its charter)~~

~~______________~~(Exact name of Registrant as specified in its charter)

Delaware	~~000-1992~~	95000-~~3758983~~19923	95-3758983
(State or other jurisdiction	(Commission	(IRS Employer
(State or other jurisdiction of incorporation)		(Commission File Number)	(IRS Employer Identification No)
of incorporation)	File Number)	Identification No)

One Mauchly, Irvine, California		92618-2305
(Address of principal executive offices)		(Zip Code)

~~(949) 753-7864 (~~Registrant’s telephone number, including area code (949) 753-7864

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

~~Items~~(Former 1name ~~through~~or 4former ~~and~~address, 6if ~~through~~changed 8since last ~~Not~~report) ~~Applicable.~~

Item 53. ~~Other~~Bankruptcy ~~Events~~or Receivership.

~~Reference~~On isFebruary ~~made~~20, to2003, STM Wireless, Inc. (the ~~press~~“Company”) ~~release~~filed ~~issued~~a tovoluntary petition under Chapter 11 of Title 11 of the ~~public~~United byStates Code (the ~~registrant~~“Bankruptcy onCode”) ~~October~~in ~~23,~~the ~~2000,~~United States Bankruptcy Court for the ~~text~~Central District of ~~which~~California, ~~release~~case isnumber ~~attached~~SA 03-11289JR ~~hereto~~(the as“Bankruptcy ~~Exhibit~~Court”) ~~99.1~~ for the purpose of seeking approval of a ~~description~~sale of ~~the~~all ~~events~~of ~~reported~~the ~~pursuant to~~assets ~~this~~of ~~Form~~the ~~8-K~~Company.

~~Item~~In 7conjunction with the Company’s Chapter 11 filing with the Bankruptcy Court, the Company announced that it has reached an agreement-in-principle to sell all of its assets to Sloan Capital Partners, LLC, and the Company has filed a motion with the Bankruptcy Court to approve this transaction pursuant to Section 363 of Chapter 11 of the Bankruptcy Code. ~~Exhibits~~According to the agreement-in-principle, Sloan Capital Partners, LLC will pay the Company $2 million in cash and assume certain liabilities of approximately $2 million. The Company intends to remain in possession of its assets and continue in the management and operation of its business, subject to the provisions of the Bankruptcy Code and supervision and orders of the Bankruptcy Court, pending the closing of the asset sale.

~~99.1 Press~~On ~~Release~~February ~~dated~~19, ~~October~~2003, 23the Company obtained a commitment from Sloan Capital Partners, ~~2000~~LLC for up to $400,000 in debtor-in-possession financing.

Farhad 2 Yousefzadeh, who is a principal of Sloan Capital Partners, LLC, is the brother-in-law of Emil Youssefzadeh, the President and Chief Executive Officer of the Company.

~~SIGNATURE~~There can be no assurance that the transaction contemplated by the agreement-in-principle will be consummated. If the contemplated transaction is consummated, it will likely result in the common stock of the Company having no value.

~~Pursuant~~Reference is made to the ~~requirements~~press ofrelease issued to the ~~Securities~~public ~~Exchange~~by ~~Act~~the ofregistrant ~~1934~~on February 20, 2003, the ~~Registrant~~text ~~has~~of ~~duly~~which ~~caused~~release ~~this~~is ~~report~~attached hereto toas beExhibit ~~signed~~99.1 onfor ~~its~~a ~~behalf~~description byof the ~~undersigned~~events ~~thereunto~~reported ~~duly~~pursuant ~~authorized~~to this Form 8-K.

		STM WIRELESS, INC.
Date: November 6, 2000	By:	/s/ Joseph J. Wallace
		Joseph J. Wallace
		Chief Financial Officer, Vice President
		Finance, Corporate Secretary

Item 7. Financial Statements and Exhibits.

3 (c) Exhibits.

~~EXHIBIT~~The ~~INDEX~~following exhibit is filed as part of this report:

~~Exhibit~~99.1 NoPress Release dated February 20, 2003. ~~Description~~

~~99.1 Press~~2 ~~Release dated October 23, 2000~~

SIGNATURE 4

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 thereunto duly authorized.

EXHIBIT INDEX

Exhibit No.		Description

99.1		Press Release dated February 20, 2003

STM WIRELESS, INC.

Date: February 21, 2003

/s/ Joseph J. Wallace

Joseph J. Wallace

Chief Financial Officer, Vice President

Finance, Corporate Secretary

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