8-K

UNITED STATES

SECURITIES AND 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

December 7, 2006

CYOP SYSTEMS INTERNATIONAL, INC.

(Exact Name of Registrant as Specified in Charter)

Nevada	0-32355	98-0222927
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

Golden Cross House, 8 Duncannon Street, Strand, London, UK	WC2N 4JF
(Address of principal executive offices)	(Zip code)
Registrant’s telephone number, including area code:	(310) 691-2585

(Former name or former address, if changed since last report)

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:

¨ 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))

This Form 8-K and other reports filed by the Registrant from time to time with the Securities and Exchange Commission (collectively the “Filings”) contain forward looking statements and information that are based upon beliefs of, and information currently available to, the Registrant’s management as well as estimates and assumptions made by the Registrant’s management. When used in the Filings the words “anticipate”, “believe”, “estimate”, “expect”, “future”, “intend”, “plan” or the negative of these terms and similar expressions as they relate to the Registrant or the Registrant’s management identify forward looking statements. Such statements reflect the current view of the Registrant with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to the Registrant’s industry, operations and results of operations and any businesses that may be acquired by the Registrant. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.

ITEM 5.02. CHANGE OF ADDRESS.

The Company has changed the address of its executive office to the following, effective immediately:

Golden Cross House,

8 Duncannon Street, Strand,

London, UK

This new location reflects the impending improvement in legislation favoring Internet Gaming (iGaming) companies in the UK, as well as recent changes in the laws of the United States negatively impacting iGaming payment processing. A copy of the Company’s press release announcing the foregoing is attached hereto as Exhibit 99.1 and is incorporated herein.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

(a)	Not applicable.
(b)	Not applicable.
(c)	Exhibit No. Description.

EXHIBIT	DESCRIPTION	LOCATION
Exhibit 99.1	Press Release dated December 4, 2006	Provided herewith

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: December 8, 2006	CYOP SYSTEMS INTERNATIONAL INC
	By:	/s/ Canon Bryan
	Name:	Canon Bryan
	Title:	Chief Financial Officer, Secretary

EX-99.1

CYOP SYSTEMS MOVES HQ TO LONDON

London, UK / / -- CYOP Systems International Inc. (NASD OTCBB: CYOS.OB), a provider of online casino software, is pleased to announce that it has moved its headquarters to the United Kingdom and its operations to Costa Rica.

Given the changes in the laws in the United States regarding iGaming payment processing and the impending licensing of iGaming companies in the UK, CYOP has decided that the most prudent course of action is to establish a strong European base.

According to a report on Bloomberg online, Julian Easthope, an analyst at UBS AG in London, says it's too early to say which companies will be able to take advantage of opportunities in Europe because the regulations are still developing. The EU's gambling market is valued at about $70 billion.

CYOP believes that by entering the European sector in the early stages, that it may have an advantage given its experience as an iGaming software developer, marketer and operator.

About CYOP

CYOP is a developer and provider of online gaming solutions and services for the IGaming industry.  The Company’s range of products and services include financial transaction platforms for on-line casinos, online gaming software, gaming websites, poker portals and integrated e-commerce transaction technology for on-line merchants. 

For more information please visit www.cyopgaming.com

This press release may contain forward-looking statements which are pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ materially and all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with Internet gaming, risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on third party software providers, risks relating to international operations, and risks associated with competition..

Play Games. Win Games. Make Money. ™

Contact:

Patrick Smyth

(310) 402-5436 (Los Angeles)

(646) 421-2294 (New York)

ir@cyopgaming.com