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 23, 2005 Island Pacific, Inc. (formerly known as SVI Solutions, Inc.) -------------------------------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) Delaware -------------------------------------------------------------------------- (State or Other Jurisdiction of Incorporation) 0-23049 33-0896617 ----------------------------- ---------------------------- (Commission File Number) (IRS Employer Identification No.) 19800 MacArthur Boulevard, Suite 1200, Irvine, California 92612 ---------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (949) 476-2212 -------------------------------------------------------------------------- (Registrant's telephone number, including area code) --------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) ITEM 8.01. OTHER EVENTS On March 23, 2005, Island Pacific, Inc. (the "Company") issued a press release announcing that is has retained Oppenheimer & Co., an investment banking firm, to explore a range of strategic options that include refinancing, capitalization, and merger and acquisition possibilities for the Company. EXHIBIT INDEX Exhibit No. Description ----------- 99.1 Press release dated March 23, 2005. 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 24, 2005 Island Pacific, Inc. /s/ Corinne Bertrand ------------------------ Corinne Bertrand Chief Financial Officer