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

Date of Report (Date of earliest event reported): November 30, 2007

EMTEC, INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware	0-32789	87-0273300
(State or other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

525 Lincoln Drive 5 Greentree Center, Suite 117 Marlton, NJ	08054
(Address of Principal Executive Offices)	(Zip Code)

Registrant's telephone number, including area code: (856) 552-4204

(Former name or former address, if changed from 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:

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

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

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

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

Item 2.02                                              Results of Operations and Financial Condition.

On November 30, 2007, Emtec, Inc. issued a press release reporting its results for the quarter and fiscal year ended August 31, 2007.  A copy of the press release is attached as Exhibit 99.1 to this report.

The information in this report (including Exhibit 99.1) is being furnished pursuant to Item 2.02 and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.

Item 9.01.  Financial Statements and Exhibits

(d)           Exhibits

The following exhibit relating to Item 2.02 shall be deemed to be furnished, and not filed:

       99.1         Press release issued by the Registrant on November 30, 2007.

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.

	Emtec, Inc.
	(Registrant)
Date: November 30, 2007	By:	/s/ Stephen C. Donnelly
		Chief Financial Officer

EXHIBIT INDEX

Exhibit No.	Description
99.1	Emtec, Inc. press release dated November 30, 2007.

EX-99.1

EXHIBIT 99.1

NEWS

Contact:

John P. Howlett

Vice Chairman - Corporate Development

Emtec, Inc.

Telephone 973-376-4242

Email johnhowlett@emtecinc.com

Web site www.emtecinc.com

Emtec, Inc. Announces Fiscal 2007 Results

4^th Quarter 2007 Net Income Up 263% From 4^th Quarter 2006

Marlton, NJ, November 30, 2007 - Emtec, Inc. (OCTCBB: ETEC), an Information Technology Systems and Services Company announced today its results for the quarter and year ended August 31, 2007.

For the quarter ended August 31, 2007, revenue was $66.7 million, a 38% increase from $48.3 million for the quarter ended August 31, 2006. Operating income was $1.72 million, with net income of $848 thousand, or $0.06 per share, compared to net income of $234 thousand, or $0.02 per share, for quarter ended August 31, 2006.

Operating loss for the year ended August 31, 2007 was $2.68 million, with net loss of $2.28 million, or $0.16 loss per share, compared to net income of $198 thousand, or $0.01 per share, for the year ended August 31, 2006. The operating loss for the year ended August 31, 2007 included $1.10 million of potential merger related costs and $2.33 million of one-time charges related to the amendment of certain employment and management agreements. Excluding these costs, operating income for the year would have been $750 thousand.

Management attributes the strong fourth quarter results to strong sales, particularly to our education and federal government clients.

“We are pleased to deliver extremely strong operating results for the quarter ending August 31, 2007 and excellent progress on improving the Company’s financial performance. We are excited about our success in the education and U.S. Government business,” said Dinesh Desai, Emtec’s Chairman and CEO.

About Emtec:

Emtec, Inc. established in 1964, is an information technology company, providing services and products to the federal, state, local, education and commercial markets. Areas of specific practices include enterprise architecture, data management, data center infrastructure and consulting and integration services.

Certain statements in this document constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Emtec, Inc. (“the Company”), or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. The Company’s future operating results are dependent upon many factors, including but not limited to the Company’s ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its plan of operations when needed; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company’s control; and (iv) other risk factors discussed in the Company’s periodic filings with the Securities and Exchange Commission which are available for review at www.sec.gov under “Search for Company Filings.”   We undertake no obligation to publicly update or revise any forward-looking statements to reflect changed assumptions, the occurrence of anticipated or unanticipated events, or changes to future results over time.

EMTEC, INC.

SUMMARY FINANCIAL INFORMATION

Quarters Ended August 31,

	2007			2006			Change		%
Revenues	$	66,723,555		$	48,349,233		$	18,374,322		38.0	%
Gross profit		8,074,149			6,087,907			1,986,242		32.6	%
Percent of revenues		12.1	%		12.6	%
Operating income		1,721,689			433,436			1,288,253		297.2	%
Percent of revenues		2.6	%		0.9	%
Net income	$	847,954		$	233,756		$	614,198		262.8	%
Percent of revenues		1.3	%		0.5	%

Years Ended August 31,

	2007			2006			Change			%
Revenues	$	216,980,138		$	224,511,942		$	(7,531,804	)		-3.4	%
Gross profit		23,154,188			25,129,592			(1,975,404	)		-7.9	%
Percent of revenues		10.7	%		11.2	%
Operating income (loss)		(2,680,598	)		1,379,990			(4,060,588	)		-294.2	%
Percent of revenues		-1.2	%		0.6	%
Net income (loss)	$	(2,279,987	)	$	197,915		$	(2,477,902	)		-1252.0	%
Percent of revenues		-1.1	%		0.1	%