8-K

                       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): MARCH 7, 2001



                                  ASPEON, INC.
                ------------------------------------------------
               (EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)


             DELAWARE                 000-21477             52-1945748
  ------------------------------------------------------------------------------

(STATE OR OTHER JURISDICTION     (COMMISSION FILE       (IRS EMPLOYER
 OF INCORPORATION)                NUMBER)                IDENTIFICATION NO.)


                17891 CARTWRIGHT AVENUE, IRVINE, CALIFORNIA 92614
               ---------------------------------------------------
               (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)

       REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (949) 440-8000


                                 NOT APPLICABLE
     ----------------------------------------------------------------------
          (FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)






ITEM 5.  OTHER EVENTS.

           On March 7, 2001, the registrant issued the press release, attached
as Exhibit 99.1, reporting that it had signed an agreement to sell certain
assets related to its Philadelphia-based consulting business, Dynamic
Technologies, Inc., to Aecio Technology Group, Inc. The purchase price for the
assets was $900,000 in cash and the return of 200,000 shares of the registrant's
common stock. The registrant also reported that it had terminated discussions
for the sale of two of its subsidiaries, Restaurant Consulting Services, Inc.
and Monument Software Corporation, due to the inability of the parties to agree
on acceptable terms.


ITEM 7.    FINANCIAL STATEMENTS AND EXHIBITS.

(c)        Exhibits

           The following exhibits are filed as a part of this report.

           99.1      Press Release dated March 7, 2001


                                   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.


Date:      March 8, 2001            ASPEON, INC.


                                    By:     /s/ Richard P. Stack
                                        -------------------------------------
                                         Richard P. Stack
                                         Chief Executive Officer and President







                                INDEX TO EXHIBITS


Exhibit
Number                         Description
- -------                        -----------

99.1                           Press Release dated March 7, 2001

EX-99.1

                                                                   EXHIBIT 99.1


                                                                  [ASPEON LOGO]

NEWS RELEASE

CONTACT:   Julie Crandall/E. E. Wang
           PondelWilkinson MS&L
           310.207.9300 or INVESTOR@ASPEON.COM

           Don Rutherford
           Aspeon, Inc.
           949.440.8000 or INVESTOR@ASPEON.COM

                                                           FOR IMMEDIATE RELEASE

                  ASPEON ANNOUNCES SALE OF CONSULTING CONTRACTS

                         TO AECIO TECHNOLOGY GROUP, INC.
    --COMPANY TERMINATES NEGOTIATIONS FOR SALE OF BOSTON-BASED SUBSIDIARIES--

           IRVINE, CALIFORNIA - MARCH 7, 2001 - Aspeon, Inc. (OTC:ASPE) today
announced that it has signed an agreement to sell certain assets, primarily
customer contracts related to its Philadelphia-based consulting business, to
Aecio Technology Group, Inc., a leading provider of enterprise application
integration services, for $900,000 in cash.

           "This transaction follows our previous announcement indicating our
short-term goal of eliminating operating losses and building cash reserves,
while continuing to build and maintain our core Javelin Systems business," said
Richard Stack, president and chief executive officer of Aspeon. "With the
transition of our general IT consulting customers and consulting staff to Aecio,
combined with internal cost cutting initiatives, Aspeon has made great strides
toward accomplishing its short term financial and operating objectives. Our
ongoing efforts continue to be on achieving profitability in our core
foodservice and retail operations."

           The company also announced that it has terminated discussions for the
sale of its Foodservice ASP and related Oracle consulting businesses, which was
previously announced. The company stated that the closing of the sale was
terminated due to the inability of the parties to agree on acceptable terms.

           ABOUT ASPEON, INC.

           Aspeon Inc., is a leading manufacturer and provider of point-of-sale
(POS) systems, services and enterprise technology solutions for the retail and
foodservice markets. Visit Aspeon at WWW.ASPEON.COM. EXCEPT FOR HISTORICAL
INFORMATION CONTAINED HEREIN, THE STATEMENTS MADE IN THIS RELEASE CONSTITUTE
FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE SECURITIES
ACT OF 1933 AND SECTION 21E OF THE



SECURITIES EXCHANGE ACT OF 1934. SUCH FORWARD-LOOKING STATEMENTS INVOLVE CERTAIN
RISKS AND UNCERTAINTIES, INCLUDING STATEMENTS REGARDING THE INTENT, BELIEF OR
CURRENT EXPECTATIONS OF ASPEON AND ITS MANAGEMENT REGARDING THE COMPANY'S
STRATEGIC DIRECTIONS, PROSPECTS AND FUTURE RESULTS. CERTAIN FACTORS MAY CAUSE
ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING
STATEMENTS, INCLUDING OUR COMPETITIVE ENVIRONMENT, ECONOMIC AND OTHER CONDITIONS
IN THE MARKETS IN WHICH WE OPERATE, CHANGES IN LAWS, THE SIZE AND TIMING OF
CUSTOMER ORDERS, DELAYS IN NEW PRODUCT ENHANCEMENTS AND NEW PRODUCT AND/OR
SERVICE INTRODUCTIONS, QUALITY CONTROL DIFFICULTIES, CHANGES IN MARKET DEMAND,
AND OTHER RISKS DISCUSSED IN THE COMPANY'S FILINGS WITH THE SEC, WHICH
DISCUSSIONS ARE INCORPORATED HEREIN BY REFERENCE. SUCH FORWARD-LOOKING
STATEMENTS REPRESENT MANAGEMENT'S CURRENT EXPECTATIONS AND ARE INHERENTLY
UNCERTAIN. THE COMPANY'S ACTUAL RESULTS AND PERFORMANCE MAY DIFFER MATERIALLY.
THE COMPANY UNDERTAKES NO OBLIGATION TO RELEASE PUBLICLY THE RESULT OF ANY
REVISIONS TO THESE FORWARD-LOOKING STATEMENTS THAT MAY BE MADE TO REFLECT EVENTS
OR CIRCUMSTANCES AFTER THE DATE HEREOF OR TO REFLECT THE OCCURRENCE OF
UNANTICIPATED EVENTS


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