SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

EITAN YARON

(Last)

(First)

(Middle)

C/O VECTOR INTERSECT SECURITY ACQ. CORP.

65 CHALLENGER ROAD

(Street)

RIDGEFIELD PARK

07660

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
04/25/2007

3. Issuer Name and Ticker or Trading Symbol
Vector Intersect Security Acquisition Corp. [ VTROU ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO & President

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	492,188	D
Common Stock	93,750⁽¹⁾	D
Common Stock	46,875	I	By SCP Private Equity Management Company, LLC⁽²⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Warrant (Right to Buy)	⁽³⁾	⁽⁴⁾	Common Stock	93,750⁽¹⁾	$5	D

Explanation of Responses:

1. The reporting securities were purchased by Mr. Eitan at a price of $8.00 per unit in a private placement. Each unit consists of a share of common stock and a warrant to purchase one share of common stock.

2. Mr. Eitan shares voting and dispositive power over the shares held by SCP Private Equity Management Company, LLC. Although SCP Private Equity Management Company, LLC owns 234,374 shares, Mr. Eitan has a pecuniary interest in only 46,875 of such shares.

3. The warrants will become exercisable on the later of (i) the completion of a business combination with a target company and (ii) April 25, 2008.

4. The warrants will expire on April 25, 2012 or earlier upon redemption.

	/s/ Yaron Eitan	05/18/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.