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 4, 2004

                       Monolithic System Technology, Inc.
             (Exact name of registrant as specified in its charter)

                                    DELAWARE
                          (State or other jurisdiction
                                of incorporation)


            000-32929                             77-0291941
     Commission File Number                    (I.R.S. Employer
                                            Identification Number)






                               1020 Stewart Drive
                           Sunnyvale, California 94085
               --------------------------------------------------
               (Address of principal executive offices) (Zip Code)

      (Registrant's telephone number, including area code): (408) 731-1800



ITEM 7.      Exhibits

    (c)      Exhibit 99.1 which is a press release issued by Monolithic System
             Technology, Inc. on August 4, 2004 is being furnished with this
             report pursuant to Item 12 (a).

ITEM 12.     Results of Operations and Financial Condition

The following information is being provided under Item 12:

     (a)     The following information is being furnished by Monolithic System
             Technology, Inc. as required by Item 12 (a) and shall not be deemed
             to be "filed" for purposes of Section 18 of the Securities and
             Exchange Act of 1934.

             On August 4, 2004, Monolithic System Technology, Inc. issued a
             press release announcing results for the second quarter ended
             June 30, 2004. A copy of this press release is furnished as
             Exhibit 99.1 to this report and is incorporated by reference
             in response to Item 12 (a).

      Exhibits
      --------

      99.1    Financial information for Monolithic System Technology, Inc. for
              the second quarter ended June 30, 2004 as presented in a press
              release dated August 4, 2004.


                                   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.







                               Monolithic System Technology, Inc.


                               By:   /s/ Mark Voll
                                     -------------------------------------------
                                     Name:  Mark Voll
                                     Title: Vice President, CFO and Secretary
                                    August 4, 2004