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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 G88JpOKZyrD95lfp1TwJk+Cqn7uVAiVwNOmCkckYjU/uOytj/pVLKOciftlwNWQH
 UMINddiqkercnxfYtWr/iA==

<SEC-DOCUMENT>0000919574-08-000226.txt : 20080123
<SEC-HEADER>0000919574-08-000226.hdr.sgml : 20080123
<ACCEPTANCE-DATETIME>20080123172721
ACCESSION NUMBER:		0000919574-08-000226
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080116
FILED AS OF DATE:		20080123
DATE AS OF CHANGE:		20080123

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MEDIWARE INFORMATION SYSTEMS INC
		CENTRAL INDEX KEY:			0000874733
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
		IRS NUMBER:				112209324
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		11711 WEST 79TH STREET
		CITY:			LENEXA
		STATE:			KS
		ZIP:			66214
		BUSINESS PHONE:		9133071000

	MAIL ADDRESS:	
		STREET 1:		11711 WEST 79TH STREET
		CITY:			LENEXA
		STATE:			KS
		ZIP:			66214

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BEDFORD SCOTT
		CENTRAL INDEX KEY:			0001259946

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10768
		FILM NUMBER:		08545458

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		415-568-3382

	MAIL ADDRESS:	
		STREET 1:		235 PINE STREET
		STREET 2:		SUITE 1600
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94104

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PENINSULA CAPITAL MANAGEMENT, LP
		CENTRAL INDEX KEY:			0001386397

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10768
		FILM NUMBER:		08545459

	BUSINESS ADDRESS:	
		STREET 1:		235 PINE STREET
		STREET 2:		SUITE 1600
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94104
		BUSINESS PHONE:		415-568-3380

	MAIL ADDRESS:	
		STREET 1:		235 PINE STREET
		STREET 2:		SUITE 1600
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94104

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PENINSULA MASTER FUND, LTD
		CENTRAL INDEX KEY:			0001391167

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10768
		FILM NUMBER:		08545460

	BUSINESS ADDRESS:	
		STREET 1:		C/O PENINSULA CAPITAL MANAGEMENT, INC
		STREET 2:		235 PINE STREET, SUITE 1600
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94104
		BUSINESS PHONE:		415-568-3382

	MAIL ADDRESS:	
		STREET 1:		C/O PENINSULA CAPITAL MANAGEMENT, INC
		STREET 2:		235 PINE STREET, SUITE 1600
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94104
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>p848437_ex.xml
<DESCRIPTION>PENINSULA MASTER FUND LTD.  - MEDIWARE
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-01-16</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0000874733</issuerCik>
        <issuerName>MEDIWARE INFORMATION SYSTEMS INC</issuerName>
        <issuerTradingSymbol>MEDW</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001391167</rptOwnerCik>
            <rptOwnerName>PENINSULA MASTER FUND, LTD</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>235 PINE STREET</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 1600</rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94104</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001386397</rptOwnerCik>
            <rptOwnerName>PENINSULA CAPITAL MANAGEMENT, LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>235 PINE STREET</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 1600</rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94104</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001259946</rptOwnerCik>
            <rptOwnerName>BEDFORD SCOTT</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>235 PINE STREET</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 1600</rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94104</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-01-16</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>168300</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>7.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>131700</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>footnote</value>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-01-16</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>766700</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>7.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>603352</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>603352</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Peninsula Master Fund, Ltd.</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">These securities are owned by Peninsula Master Fund, Ltd., which is a Reporting Person.</footnote>
        <footnote id="F2">These securities may be deemed to be beneficially owned by Peninsula Capital Management, LP, the investment manager of
Peninsula Master Fund, Ltd., and Scott Bedford, the President of Peninsula Capital Management LP's general partner.</footnote>
        <footnote id="F3">These securities may be deemed to be beneficially owned by Peninsula Capital Management, LP, the general partner and/or
 investment manager of certain private investment funds which own such securities and Scott Bedford, the President of
 Peninsula Capital Management LP's general partner.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Peninsula Master Fund, Ltd., By: Peninsula Capital management, LP, /s/ Scott Bedford</signatureName>
        <signatureDate>2008-01-23</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Peninsula Capital Management, LP, /s/ Scott Bedford</signatureName>
        <signatureDate>2008-01-23</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Scott Bedford</signatureName>
        <signatureDate>2008-01-23</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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