8-K

                       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): March 24, 2005

                               Trimol Group, Inc.
             (Exact name of Registrant as Specified in its Charter)

          Delaware                    0-28144                   13-3859706
(State or other jurisdiction        (Commission                (IRS Employer
      of incorporation)               File No.)              Identification No.)

        1285 Avenue of the Americas, 35th Floor, New York, New York 10019
                     (Address of Principal Executive Office)

       Registrant's telephone number, including area code: (212) 554-4394

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 (see General Instruction A.2. below):

|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))



Item 1.02. Termination of a Material Definitive Agreement.

      Intercomsoft Limited ("Intercomsoft"), a wholly owned subsidiary of Trimol
Group,  Inc.  (the  "Registrant")  and Supercom  Limited  (Israel)  ("Supercom")
entered  into a  Termination  Agreement  as of March 24, 2005 (the  "Termination
Agreement").

      Pursuant  to  the  Termination  Agreement,  the  Sales  Agreement  between
Intercomsoft  and Supercom dated August 25, 1995, as amended,  was terminated at
the request of  Supercom.  Certain  equipment,  technology,  supplies  and other
consumables  which  Intercomsoft is obligated to supply to the Government of the
Republic of Moldova ("Moldova")  pursuant to a Contract on Leasing Equipment and
Licensing Technology dated April 29, 1996 (the "Supply Agreement"), was supplied
by  Supercom  on  behalf  of  Intercomsoft  pursuant  to  the  Sales  Agreement.
Notwithstanding   the  termination  of  the  Sales  Agreement  pursuant  to  the
Termination  Agreement,  Supercom agreed to continue to supply Moldova with such
equipment, consumables, software and technology during the remaining term of the
Supply  Agreement,  upon the request of Moldova  pursuant to the requirements of
the Supply Agreement. Pursuant to the Termination Agreement, Intercomsoft agreed
to pay to Supercom, in nine equal monthly installments commencing in April 2005,
the sum of  $184,912  representing  the  balance of the  amount due for  certain
equipment  supplied by Supercom  pursuant to the Sales  Agreement.  In addition,
Supercom  agreed not to take any action,  directly or  indirectly,  to interfere
with  Intercomsoft's  contractual  rights with Moldova or to, in any way,  cause
Moldova  to  terminate  or not renew the Supply  Agreement  and agreed to pay to
Intercomsoft   certain  amounts  specified  in  the  Termination   Agreement  as
liquidated damages in the event of any breach or default by Supercom thereunder.

Item 9.01 Financial Statements, Pro-Forma Financial Information and Exhibits.

      (c)   Exhibits

      10.1  Form of  Termination  Agreement  dated as of March 24, 2005  between
            Intercomsoft Limited and Supercom Limited (Israel).



                                    SIGNATURE

      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.

                                                     TRIMOL GROUP, INC.


                                                     By: Jack Braverman
                                                         Chief Financial Officer

Date: March 28, 2005

EX-10.1

                                                                    EXHIBIT 10.1

                              TERMINATION AGREEMENT

      AGREEMENT  made  as of the  24th  day of  March,  2005  (the  "Termination
Agreement") by and between  INTERCOMSOFT  LIMITED  ("Intercomsoft") and SUPERCOM
LIMITED (Israel) ("Supplier").

                              W I T N E S S E T H :

      WHEREAS,  Supplier is an Israeli publicly owned  corporation  whose shares
are traded in the United States on the over-the-counter bulletin board; and

      WHEREAS,  Intercomsoft  and  Supplier  are parties to that  certain  Sales
Agreement  dated August 25, 1995,  as amended May 5, 1998 and July 22, 1998 (the
"Sales Agreement"); and

      WHEREAS,   Supplier   has,  for  its  own  business   reasons,   requested
Intercomsoft to terminate the Sales  Agreement,  all on and subject to the terms
and conditions hereinafter set forth.

      NOW, THEREFORE,  in consideration of the mutual covenants herein and other
good and valuable consideration, the parties hereto do hereby agree as follows:

      1.  Incorporation  by  Reference.  The terms and  conditions  of the Sales
Agreement are incorporated  herein by reference  thereto.  All capitalized terms
which are used but not defined  herein shall have the meanings  ascribed to them
in the Sales Agreement.

      2.  Termination.  Subject to the terms and conditions of this  Termination
Agreement,  the Sales  Agreement  is hereby  terminated,  effective  on the date
hereof.

            Supplier  hereby  acknowledges  and confirms that  Intercomsoft  has
fully complied with all of its obligations under the Sales Agreement through the
date  hereof and is not in breach or  default of any of the terms or  provisions
thereof.  Intercomsoft  hereby acknowledges and confirms that Supplier has fully
complied with all of its obligations  under the Sales Agreement through the date
hereof  and is not in  breach  or  default  of any of the  terms  or  provisions
thereof.  Supplier  hereby releases and discharges  Intercomsoft,  Trimol Group,
Inc.  (its  parent  corporation)  and  their  respective  officers,   directors,
shareholders,  employees and agents, from all claims,  causes of action,  suits,
proceedings,  obligations, liabilities, costs or expenses of any kind whatsoever
from the  beginning  of time  through  the date  hereof,  except for the payable
referred to below. In addition,  Supplier hereby agrees to defend, indemnify and
hold  Intercomsoft,  Trimol  Group,  Inc.  (its  parent  corporation)  and their
respective officers,  directors,  shareholders,  employees and agents,  harmless
from and against all claims, causes of action, suits, proceedings,  obligations,
liabilities,   costs  or  expenses  of  any  kind  whatsoever  (including  their
respective  legal fees) incurred by any of them as a result of or based upon (i)
the execution and delivery by Intercomsoft of this Termination  Agreement,  (ii)
any breach of any representation,  warranty,  covenant or obligation of Supplier
under



this  Termination  Agreement,  or (iii) any  claim or action by any third  party
claiming by or through  Supplier as a result of this Termination  Agreement,  or
otherwise.  The parties  acknowledge  and agree that there are no amounts due or
obligations  owing to the other under the Sales  Agreement as of the date hereof
(other than a payable by Intercomsoft to Supplier in the amount of $184,912) and
that the  Agreement  shall be of no further  force or effect  from and after the
date hereof, except that nothing herein shall impair Supplier's right to receive
payment with respect to such payable.  The aforesaid payable of $184,912 will be
paid to Supplier in nine equal monthly installments, the first of which shall be
paid in April 2005.

      3.   Obligations   and  Covenants  of  Supplier.   In   consideration   of
Intercomsoft's  agreement  to enter into this  Termination  Agreement,  Supplier
hereby agrees, as follows:

            (a)  Supplier  will  supply to the  Government  of the  Republic  of
Moldova all Equipment, Consumables, Software and Technology requested by Moldova
pursuant to that certain Contract on Leasing Equipment and Licensing  Technology
dated  April 29,  1996 and  terminating  on April 29,  2006 by and  between  The
Ministry of Economics,  Republic of Moldova  ("Moldova") and  Intercomsoft  Ltd.
(the  "Supply  Agreement"),  within  the  time  periods,  to the  extent  and as
otherwise  required of Supplier  under the Sales  Agreement  as if, for purposes
hereof,  the Sales Agreement had not been terminated  hereunder.  Supplier shall
supply such Equipment, Consumables, Software and Technology directly to Moldova,
but only upon the request of Moldova  pursuant to the requirements of the Supply
Agreement, during the term of the Supply Agreement.

            (b)  Supplier  acknowledges  that the Supply  Agreement  is still in
force and effect and Supplier will not take any action,  directly or indirectly,
to interfere with the contractual  rights of  Intercomsoft  thereunder or to, in
any way, cause Moldova to terminate or not renew the Supply Agreement.

            (c)  Supplier  will not  request or accept any direct  payment  from
Moldova for any of the Equipment,  Consumables,  Software or Technology supplied
by it to Moldova pursuant to its aforementioned  covenant hereunder and Supplier
will be paid by an entity which has no connection to Intercomsoft  (in an amount
not to exceed what Supplier would have  otherwise  received in payment under the
Sales Agreement) and Intercomsoft  shall have no obligation or responsibility to
pay  Supplier  for any of the  foregoing  in the absence of a written  agreement
between Intercomsoft and Supplier.

      4. Non-Compete Termination.  Neither Intercomsoft,  Trimol Group, Inc., or
any subsidiary or affiliated  entity thereof,  shall be bound by any non-compete
agreement or provision with Supplier or Supercom from and after the date hereof,
including any such provision under the Sales Agreement.

      5. Liquidated  Damages.  Supplier hereby  acknowledges  that, but for this
provision,  Intercomsoft would not have entered into this Termination Agreement.
In the event that  Supplier  breaches  any of its  representations,  warranties,
obligations or covenants  under this  Termination  Agreement,  Supplier shall be
obligated to and will pay to  Intercomsoft,  upon demand, a sum equal to (i) the
aggregate of the last twelve payments made to Supplier under the Sales Agreement
(or



pursuant  to this  Termination  Agreement,  if  applicable),  and (ii) all other
damages  sustained  by  Intercomsoft  as a result  of such  breach,  such sum to
represent liquidated damages and not as a penalty therefor.  The foregoing shall
not constitute an exclusive remedy for any breach or default of this Termination
Agreement by Supplier.

      6. Due Authorization.  This Termination Agreement has been duly authorized
by all required  action of the parties hereto and represents a valid and binding
obligation  of the parties  hereto,  enforceable  in  accordance  with the terms
hereof.

            Each of the  parties  hereto  has been  represented  by  counsel  in
connection  with the  negotiation,  execution  and delivery of this  Termination
Agreement. In the event that Intercomsoft is required to institute any action or
proceeding to enforce the terms and  provisions of this  Termination  Agreement,
Supplier will reimburse  Intercomsoft for all costs and expenses  incurred by it
in connection therewith, including Intercomsoft's counsel fees.

      7.  Miscellaneous.  This  Agreement  (i)  constitutes  the sole and entire
agreement  between the parties  hereto with respect to the subject matter hereof
and supersedes all prior agreements and understandings,  oral or written,  among
the parties hereto with respect to the subject  matter  hereof,  (ii) may not be
modified or waived except pursuant to a written  instrument  signed by the party
to be bound thereby, (iii) shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and permitted assigns, (iv) shall
be governed by and construed in  accordance  with the internal laws of the State
of New York and shall be  enforceable  solely in the  Federal  and state  courts
located  in New  York  County  (or any  other  court of  competent  jurisdiction
selected by Intercomsoft),  (v) shall not be assignable by either of the parties
hereto without the written consent of the  non-assigning  party,  (vi) shall, if
any term or provision  hereof shall be  determined to be  unenforceable,  remain
valid and in full force and effect with respect to all other  provisions of this
Agreement not affected by such unenforceable provision or provisions,  and (vii)
may be executed in one or more  counterparts,  each of which,  when executed and
delivered,  shall be deemed an original,  but all of which when taken  together,
shall constitute one and the same instrument.

      IN WITNESS  WHEREOF,  the parties hereto have hereunto set their hands and
seals as of the day and year first above written.

WITNESS:                                 INTERCOMSOFT LIMITED


Yaron Kotick                             By:      Yuri Benenson
                                                  Chief Executive Officer


WITNESS:                                 SUPERCOM LIMITED (ISRAEL)

Yossi Wejman                             By:      Eli Rosen
                                                  Chairman