Form 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): August 14, 2007

FIRSTWAVE TECHNOLOGIES, INC.

(Exact Name of Registrant as Specified in Charter)

Georgia		0-21202		58-1588291
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

7000 Central Parkway NE

Suite 330

Atlanta, GA 30328

(Address of principal executive offices)

678-672-3100

(Registrant’s telephone number, including area code)

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 8.01 Other Events

The following information is furnished pursuant to Item 8.01.

On August 14, 2007, Firstwave Technologies, Inc. issued a press release announcing the evaluation of options to change its Capital Structure. The full text of the press release is furnished as Exhibit 99.1 attached hereto and incorporated by reference into this report.

The information included and incorporated by reference into this Report is being furnished pursuant to "Item 8.01: Other Events" of Form 8-K. This information shall not be deemed "filed" or incorporated by reference into any filing made pursuant to the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth in such filing.

Item 9.01 Financial Statements and Exhibits

	(c)	Exhibits

	99.1	Press Release issued by Firstwave Technologies, Inc. on August 14, 2007.

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.

		FIRSTWAVE TECHNOLOGIES, INC.


		By:	/s/ Richard T. Brock
			Richard T. Brock
			Chief Executive Officer
			Principal Accounting Officer

Date: August 16, 2007