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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Rifkin David M.
2. Date of Event Requiring Statement (Month/Day/Year)
06/15/2011
3. Issuer Name and Ticker or Trading Symbol
DecisionPoint Systems, Inc. [DPSI]
(Last)
(First)
(Middle)
19655 DESCARTES
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

FOOTHILL RANCH, CA 92610-2609
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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 26,406
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options   (1) 12/31/2016 Common Stock 24,380 $ 1.88 D  
Stock Options   (2) 06/15/2021 Common Stock 11,752 $ 2.17 D  
Bridge note Warrant 06/17/2007 06/17/2012 Common Stock 5,530 $ 7.23 D  
Series A Cumulative Convertible Preferred Stock 06/17/2009   (3) Common Stock 22,122 $ 3.62 D  
Series A Warrants 06/17/2009 06/17/2012 Common Stock 5,530 $ 7.23 D  
Series A Warrants 06/17/2009 06/17/2012 Common Stock 5,530 $ 9.04 D  
Series A Cumulative Convertible Preferred Stock 06/17/2009   (3) Common Stock 20,739 $ 3.62 I Wife
Series A Warrants 06/17/2009 06/17/2012 Common Stock 5,185 $ 7.23 I Wife
Series A Warrants 06/17/2009 06/17/2012 Common Stock 5,185 $ 9.04 I Wife

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Rifkin David M.
19655 DESCARTES
FOOTHILL RANCH, CA 92610-2609
  X      

Signatures

/s/ David M. Rifkin 10/31/2011
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Exercisable equally over 5 years beginning on 12/31/07.
(2) Exercisable equally over 5 years beginning on 6/15/12.
(3) The Series A Convertible Preferred Stock may be converted into shares of Common Stock by the holder at any time and has no expiration date.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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