8-K

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                       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): JUNE 22, 2004



                               CLARUS CORPORATION
             (Exact name of Registrant as specified in its charter)



                                                                            

             DELAWARE                                   0-24277                                 58-1972600
 (State or other jurisdiction of                 (Commission File No.)                 (IRS Employer Identification
  incorporation or organization)                                                                   No.)



                         ONE LANDMARK SQUARE, 22ND FLOOR
                           STAMFORD, CONNECTICUT 06901
          (Address of principal executive offices, including zip code)
                                 (203) 428-2000
              (Registrant's telephone number, including area code)


                ONE PICKWICK PLAZA, GREENWICH, CONNECTICUT 06830
          (Former name or Former Address if Changed Since Last Report)

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ITEM 5.  Other Events and Required FD Disclosure.

         On June 25, 2004, the Company announced that it received notice from
the staff of The Nasdaq Stock Market that the Company's common stock will be
delisted from the Nasdaq National Market effective as of the opening of business
on July 1, 2004. The Company strongly disagrees with the Staff's determination
and has appealed to the Nasdaq Listing Qualifications Panel, which stays the
delisting of the Company's securities pending the Panel's decision. The Company
is currently engaged in negotiation of a significant transaction to redepoly its
assets. Additional information concerning this matter is set forth in the
Company's June 25, 2004 press release, a copy of which is attached as Exhibit
99.1 to this Form 8-K and incorporated herein by reference.



ITEM 7.  Financial Statements, Pro Forma Information and Exhibits

     (c) Exhibits

         99.1   Press Release, dated June 25, 2004












                                    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.

                                          CLARUS CORPORATION


Date: June 25, 2004                       By:  /s/ Nigel P. Ekern
                                               ------------------
                                                  Nigel P. Ekern,
                                                  Chief Administrative Officer






                                  EXHIBIT INDEX


Exhibit 99.1      Press Release, dated June 25, 2004

EX-99.1

                                                                   EXHIBIT 99.1
FOR IMMEDIATE RELEASE

CONTACT
Nigel Ekern
Chief Administrative Officer
Clarus Corporation
(203) 428-2000
nekern@claruscorp.com


               CLARUS CORPORATION RECEIVES NASDAQ DELISTING NOTICE
           - COMPANY APPEALS DECISION; PURSES SIGNIFICANT TRANSACTION
Stamford, Connecticut - June 25, 2004 - Clarus Corporation (Nasdaq: CLRS) today
announced that it received a letter dated June 22, 2004 from the Nasdaq Listing
Qualification Staff notifying the Company that, based upon the Staff's review of
the Company and under the discretionary authority granted by Nasdaq Marketplace
Rules 4300 and 4330(a)(3), the Company's securities will be delisted on July 1,
2004 unless the Company appeals the Staff's decision. In its letter, the Staff
noted its belief "that the Company is not currently engaged in active business
operations and is therefore a public shell."

The Company strongly disagrees with the Staff's decision to delist the Company's
securities and has appealed the Staff's determination to the Nasdaq Listing
Qualifications Panel, although there can be no assurance that such appeal will
be successful. The appeal will stay the delisting of the Company's securities
pending the Panel's decision.

Clarus, formerly a provider of e-commerce business solutions, is seeking to
redeploy its assets and use its substantial cash and cash equivalent assets to
enhance stockholder value. The Company is currently engaged in negotiation of a
significant transaction to redeploy its assets, however, there can be no
assurance that this transaction will be consummated.

This press release contains forward-looking statements within the meaning of the
Securities Act of 1933 and the Exchange Act of 1934. Information in this release
includes Clarus' beliefs, expectations, intentions and strategies regarding
Clarus and its future. Assumptions relating to the forward-looking statements
involve judgments with respect to, among other things, future economic,
competitive and market conditions, future business decisions and the future
decision of Nasdaq, all of which are difficult or impossible to predict
accurately and many of which are beyond our control. Actual results could differ
materially from those projected in the forward-looking statements as a result of
certain risks including our inability to execute successfully our planned effort
to redeploy our assets to enhance stockholder value. All forward-looking
statements contained in this release are based on information available to
Clarus as of the date of this release and Clarus assumes no obligation to update
the forward-looking statement contained herein.