UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 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) April 30, 2003


                             PERFECTDATA CORPORATION
             (Exact Name of Registrant as Specified in Its Charter)


                                   California
                 (State or Other Jurisdiction of Incorporation)


                   0-12817                       95-3087593
           (Commission File Number)    (IRS Employer Identification No.)


               110 West Easy Street, Simi Valley, California 93065
               (Address of Principal Executive Offices) (Zip Code)


                                 (805) 581-4000
              (Registrant's Telephone Number, Including Area Code)












                    INFORMATION TO BE INCLUDED IN THE REPORT

Item 5   Other Events.

         On May 5, 2003, PerfectData  Corporation (the "Company") issued a press
release reporting that SuperCom Ltd. ("SuperCom"), a company organized under the
laws of Israel,  and the Company  had  executed a  non-binding  letter of intent
which set forth  the  preliminary  terms and  conditions  of a  proposed  merger
transaction  between  SuperCom and the Company.  A copy of the press  release is
filed as Exhibit A to this Report and is incorporated herein by this reference.

Item 7.  Financial Statements and Exhibits.

         (a) Financial statements of businesses acquired:

                  None

         (b) Proforma financial information:

                  None

         (c) Exhibits

             Number            Exhibit
             A                 Press release dated May 5, 2003.




                                   SIGNATURES

         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.


                                            PERFECTDATA CORPORATION
                                                   (Registrant)



         Date  May 5, 2003                  By  /s/ Irene J. Marino
                                                (Signature)
                                                Irene J. Marino
                                                Vice President, Finance


                                                            Exhibit A

NEWS RELEASE                                         For further information:
FOR IMMEDIATE RELEASE                                PERFECTDATA CORPORATION

                                                     Harris A. Shapiro
                                                     Chairman of  the Board
                                                     (805) 581-4000, Ext.200


                       PERFECTDATA CORPORATION ENTERS INTO
                                LETTER OF INTENT
                          FOR MERGER WITH SUPERCOM LTD.

SIMI VALLEY,  California,  May 5, 2003 - PerfectData  Corporation  (OTC Bulletin
Board: PERF.OB) and SuperCom (NASDAQ Europe:  SPRC), an Israeli-based  developer
of smart card  solutions,  today  announced  that they have executed a letter of
intent  which  sets forth the  preliminary  terms and  conditions  of a proposed
merger  transaction  between  SuperCom and  PerfectData.  In connection with the
merger, the shareholders of SuperCom will exchange their shares of capital stock
in SuperCom  for shares of common  stock of  PerfectData.  At the closing of the
merger,  shareholders  of SuperCom will own, after payment of fees and expenses,
an  aggregate  of  72.5%  of  the  shares  of  PerfectData  common  stock  on  a
fully-diluted  basis. The shareholders of PerfectData  common stock prior to the
merger will own,  after payment of fees and  expenses,  an aggregate of 21.5% of
the shares of PerfectData common stock on a fully-diluted  basis,  provided that
if  PerfectData  has less  than  $2,000,000  of cash net of  liabilities  at the
closing,  then the  post-merger  ownership to be  allocated  to the  PerfectData
shareholders shall be proportionately reduced.

The  closing of the  transaction  is subject  to certain  conditions,  including
execution of a definitive  merger  agreement,  the  completion of due diligence,
shareholder  approvals  and the  registration  of the shares  issued to SuperCom
shareholders on a Registration  Statement on Form S-4. There can be no assurance
that  the  merger  will  be  consummated  or,  if  consummated,  that it will be
consummated on the terms set forth in the letter of intent.

Eyal Tuchman, CFO of SuperCom, commented: "This proposed merger is an additional
important  step towards  achieving  our goals to increase  the  liquidity in our
stock and to get closer to our USA customers and our USA investors."

Harris A. Shapiro, Chairman and CEO of PerfectData,  stated "We believe that the
merger with SuperCom will enable our  shareholders  to participate in the growth
of a financially  sound company with a highly attractive  product.  SuperCom has
demonstrated  strong  acceptance  of its Smart Card  technology  as evidenced by
projects  with the  Governments  of Hong Kong,  the Ukraine  and others.  In the
United States, SuperCom is joining forces with some of the most important system
integrators in the security industry."


About SuperCom

SuperCom  Ltd.  (Nasdaq  Europe:  SPRC) is one of the world leaders in research,
development and marketing of advanced  technologies  and products for government
secured ID projects  and Smart Card  production  technology.  SuperCom  provides
customized  solutions and advanced  technologies  to produce  secure and durable
documents such as national identity cards,  passports,  visas,  driving licenses
and vehicle  registration.  SuperCom also provides  application software for the
management of national  population  registries.  Together with its subsidiaries,
SuperCom offers advanced, innovative and flexible solutions in contactless smart
card technologies. Headquartered in Raanana, Israel, SuperCom has offices in the
United States,  Hong Kong and China. More information can be found at SuperCom's
web site www.supercomgroup.com.

About PerfectData

PerfectData Corporation, based in Simi Valley, California, designs and markets a
broad line of computer,  office care and maintenance  products and  accessories.
The products are designed to eliminate or minimize  contamination  in and around
computers and office automation equipment, and to enhance user performance.

Additional Information and Where to Find It

PerfectData will be filing relevant  documents  concerning this transaction with
the Securities and Exchange  Commission,  including a Registration  Statement on
Form S-4 containing a prospectus/proxy statement. PERFECTDATA URGES INVESTORS TO
READ THESE DOCUMENTS BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.  Investors
will be able to obtain the  prospectus/proxy  statement and other documents that
will  be  filed  by  PerfectData  with  the  Commission  free of  charge  at the
Commission's web site  (http://www.sec.gov) or by directing a request after such
a filing is made to PerfectData Corporation,  110 West Easy Street, Simi Valley,
California  93065-1689,  Tel:  (805)  581-4000,  Attn:  Irene  J.  Marino,  Vice
President  Finance or to SuperCom Ltd.,  Millennium  Building,  3 Tidhar Street,
P.O. Box 2094, Raanana 43665, Israel +972-9-7750800, Attn: Eyal Tuchman.

PerfectData  and its  directors  and  executive  officers  may be  deemed  to be
participants  in the  solicitation  of proxies in  connection  with the proposed
merger. Information about PerfectData directors and executive officers and their
ownership of PerfectData  voting  securities is set forth in the proxy statement
for PerfectData 2002 annual meeting of stockholders as filed with the Commission
on November  18,  2002.  Additional  information  about the  interests  of those
participants  may be  obtained  from  reading  the  definitive  proxy  statement
regarding the proposed transaction when it becomes available.

Safe Harbor

This news release contains forward-looking statements. Such statements are valid
only as of today,  and  PerfectData  disclaims  any  obligation  to update  this
information.  These  statements,  which  include,  but are not  limited  to, the
successful  completion  of the proposed  merger and the benefits  expected to be
derived therefrom, are subject to known and unknown risks and uncertainties that
may cause actual future  experience  and results to differ  materially  from the
statements made. These statements are based on PerfectData's current beliefs and
expectations  as to such  future  outcomes.  Factors  that  might  cause  such a
material difference include, among others, the continuance of operational losses
and other factors that will be described in its filings with the Commission.