**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-Q**

**PORTA      SYSTEMS CORP.**

| Delaware                                       | 11-2203988                         |
|------------------------------------------------|------------------------------------|
| (State                or other jurisdiction of | (I.R.S.                Employer    |
| incorporation                or organization)  | Identification                No.) |

----

**Item      1- **
**Financial      Statements**

|                                                                                                                                                                                                               |   | June                  30, |    | December                  31, |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------|---------|-------------------------------|--------|
|                                                                                                                                                                                                               |   | 2005                      |    | 2004                          |   |
| Assets                                                                                                                                                                                                             |   |  (Unaudited)         |    |                     |   |
| Current                  assets:                                                                                                                                                                                   |   |                      |    |                          |   |   |   |
|      Cash                  and cash equivalents                                                                                                                                           |   | $                         | 2,760   |                          | $      | 2,040 |   |
|      Accounts                  receivable - trade, less allowance for doubtful accounts                                                                                                   |   |                      |    |                          |   |   |   |
|             of                  $256 in 2005 and $1,045 in 2004                                                                                        |   |                      | 3,262   |                          |   | 3,076 |   |
|      Inventories                                                                                                                                                                          |   |                      | 4,811   |                          |   | 4,576 |   |
|      Prepaid                  expenses and other current assets                                                                                                                           |   |                      | 626     |                          |   | 382 |   |
|                         Total                  current assets                              |   |                      | 11,459  |                          |   | 10,074 |   |
|                                                                                                                                                                                                               |   |                      |    |                          |   |   |   |
|       Property,                  plant and equipment, net                                                                                                                            |   |                      | 1,470   |                          |   | 1,334 |   |
|       Goodwill,                  net                                                                                                                                                 |   |                      | 2,961   |                          |   | 2,961 |   |
|       Other                  assets                                                                                                                                                  |   |                      | 64      |                          |   | 69 |   |
|                         Total                  assets                                      |   | $                         | 15,954  |                          | $      | 14,438 |   |
|                                                                                                                                                                                                               |   |                      |    |                          |   |   |   |
| Liabilities                  and Stockholders’ Deficit                                                                                                                                                       |   |                      |    |                          |   |   |   |
| Current                  liabilities:                                                                                                                                                                              |   |                      |    |                          |   |   |   |
|       Senior                  debt, including accrued interest                                                                                                                       |   | $                         | 25,477  |                          | $      | 25,674 |   |
|       Subordinated                  notes                                                                                                                                            |   |                      | 6,144   |                          |   | 6,144 |   |
|       6%                  convertible subordinated debentures                                                                                                                        |   |                      | 385     |                          |   | 385 |   |
|       Accounts                  payable                                                                                                                                              |   |                      | 4,111   |                          |   | 4,728 |   |
|       Accrued                  expenses and other                                                                                                                                    |   |                      | 2,891   |                          |   | 2,760 |   |
|       Other                  accrued interest payable                                                                                                                                |   |                      | 4,706   |                          |   | 4,533 |   |
|                         Total                  current liabilities                         |   |                      | 43,714  |                          |   | 44,224 |   |
|                                                                                                                                                                                                               |   |                      |    |                          |   |   |   |
| Deferred                  compensation                                                                                                                                                                             |   |                      | 852     |                          |   | 875 |   |
|                         Total                  long-term liabilities                       |   |                      | 852     |                          |   | 875 |   |
|                                                                                                                                                                                                               |   |                      |    |                          |   |   |   |
|                         Total                  liabilities                                 |   |                      | 44,566  |                          |   | 45,099 |   |
|                                                                                                                                                                                                               |   |                      |    |                          |   |   |   |
| Stockholders’                  deficit:                                                                                                                                                                      |   |                      |    |                          |   |   |   |
|       Preferred                  stock, no par value; authorized 1,000,000 shares, none                  issued                                                                      |   |                      | — |                          |   | — |   |
|       Common                  stock, par value $.01; authorized 20,000,000 shares,                  issued                                                                           |   |                      |    |                          |   |   |   |
|       10,084,577                  shares in 2005 and 10,003,224 shares in 2004                                                                                                       |   |                      | 101     |                          |   | 100 |   |
|        Additional                  paid-in capital                                                                                                                              |   |                      | 76,124  |                          |   | 76,059 |   |
|        Accumulated                  deficit                                                                                                                                     |   |                      | (98,614 | )                             |   | (100,705 | ) |
|        Accumulated                  other comprehensive loss:                                                                                                                   |   |                      |    |                          |   |   |   |
|                Foreign                  currency translation adjustment                                                                 |   |                      | (4,285  | )                             |   | (4,177 | ) |
|                                                                                                                                                                                                               |   |                      | (26,674 | )                             |   | (28,723 | ) |
|         Treasury                  stock, at cost, 30,940 shares                                                                                                            |   |                      | (1,938  | )                             |   | (1,938 | ) |
|                         Total                  stockholders’ deficit                 |   |                      | (28,612 | )                             |   | (30,661 | ) |
|                         Total                  liabilities and stockholders’ deficit |   | $                         | 15,954  |                          | $      | 14,438 |   |

----

|                                                                                                                              |   | Six                  Months Ended |   |
|-----------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------|--------|
|                                                                                                                              |   | June                  30,         |   | June                  30, |   |
|                                                                                                                              |   | 2005                              |   | 2004 |   |
|                                                                                                                              |   |                         |   |   |   |
| Sales                                                                                                                             |   | $                                 | 16,041 |   | $ | 14,372 |   |
| Cost                  of sales                                                                                                    |   |                              | 9,655  |   |   | 8,875 |   |
|      Gross                  profit                                                                       |   |                              | 6,386  |   |   | 5,497 |   |
|                                                                                                                              |
| Selling,                  general and administrative expenses                                                                     |   |                              | 2,766  |   |   | 2,642 |   |
| Research                  and development expenses                                                                                |   |                              | 861    |   |   | 1,021 |   |
|             Total                  expenses                           |   |                              | 3,627  |   |   | 3,663 |   |
|                                                                                                                              |   |                              |   |   |   |   |   |
|             Operating                  income                         |   |                              | 2,759  |   |   | 1,834 |   |
|                                                                                                                              |   |                              |   |   |   |   |   |
| Interest                  expense, net of interest income                                                                         |   |                              | (646   | ) |   | (660 | ) |
| Other                  income, net                                                                                                |   |                              | 1      |   |   | — |   |
|                                                                                                                              |   |                              |   |   |   |   |   |
|             Income                  before income taxes               |   |                              | 2,114  |   |   | 1,174 |   |
|                                                                                                                              |   |                              |   |   |   |   |   |
| Income                  tax expense                                                                                               |   |                              | (23    | ) |   | (26 | ) |
|                                                                                                                              |   |                              |   |   |   |   |   |
| Net                  income                                                                                                       |   | $                                 | 2,091  |   | $ | 1,148 |   |
|                                                                                                                              |   |                              |   |   |   |   |   |
| Other                  comprehensive loss:                                                                                        |   |                              |   |   |   |   |   |
|             Foreign                  currency translation adjustments |   |                              | (108   | ) |   | (189 | ) |
|                                                                                                                              |   |                              |   |   |   |   |   |
| Comprehensive                  income                                                                                             |   | $                                 | 1,983  |   | $ | 959 |   |
|                                                                                                                              |   |                              |   |   |   |   |   |
| Per                  share data:                                                                                                  |   |                              |   |   |   |   |   |
|                                                                                                                              |   |                              |   |   |   |   |   |
| Basic                  per share amounts:                                                                                         |   |                              |   |   |   |   |   |
|                                                                                                                              |   |                              |   |   |   |   |   |
|             Net                  income per share of common stock     |   | $                                 | 0.21   |   | $ | 0.12 |   |
|                                                                                                                              |   |                              |   |   |   |   |   |
|             Weighted                  average shares outstanding      |   |                              | 10,005 |   |   | 9,972 |   |
|                                                                                                                              |   |                              |   |   |   |   |   |
| Diluted                  per share amounts:                                                                                       |   |                              |   |   |   |   |   |
|                                                                                                                              |   |                              |   |   |   |   |   |
|             Net                  income per share of common stock     |   | $                                 | 0.21   |   | $ | 0.12 |   |
|                                                                                                                              |   |                              |   |   |   |   |   |
|             Weighted                  average shares outstanding      |   |                              | 10,036 |   |   | 9,972 |   |

----

|                                                                                                                              |   | Three                  Months Ended |   |
|-----------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------|--------|
|                                                                                                                              |   | June                  30,           |   | June                  30, |   |
|                                                                                                                              |   | 2005                                |   | 2004 |   |
|                                                                                                                              |   |                           |   |   |   |
| Sales                                                                                                                             |   | $                                   | 8,425  |   | $ | 6,272 |   |
| Cost                  of sales                                                                                                    |   |                                | 5,183  |   |   | 3,905 |   |
|      Gross                  profit                                                                       |   |                                | 3,242  |   |   | 2,367 |   |
|                                                                                                                              |   |                                |   |   |   |   |   |
| Selling,                  general and administrative expenses                                                                     |   |                                | 1,589  |   |   | 1,176 |   |
| Research                  and development expenses                                                                                |   |                                | 439    |   |   | 508 |   |
|             Total                  expenses                           |   |                                | 2,028  |   |   | 1,684 |   |
|                                                                                                                              |   |                                |   |   |   |   |   |
|             Operating                  income                         |   |                                | 1,214  |   |   | 683 |   |
|                                                                                                                              |   |                                |   |   |   |   |   |
| Interest                  expense, net of interest income                                                                         |   |                                | (321   | ) |   | (337 | ) |
| Other                  income, net                                                                                                |   |                                | 1      |   |   | — |   |
|                                                                                                                              |   |                                |   |   |   |   |   |
|             Income                  before income taxes               |   |                                | 894    |   |   | 346 |   |
|                                                                                                                              |   |                                |   |   |   |   |   |
| Income                  tax expense                                                                                               |   |                                | (7     | ) |   | (26 | ) |
|                                                                                                                              |
|             Net                  income                               |   | $                                   | 887    |   | $ | 320 |   |
|                                                                                                                              |   |                                |   |   |   |   |   |
| Other                  comprehensive loss:                                                                                        |   |                                |   |   |   |   |   |
|             Foreign                  currency translation adjustments |   |                                | (46    | ) |   | (75 | ) |
|                                                                                                                              |   |                                |   |   |   |   |   |
| Comprehensive                  income                                                                                             |   | $                                   | 841    |   | $ | 245 |   |
|                                                                                                                              |   |                                |   |   |   |   |   |
| Per                  share data:                                                                                                  |   |                                |   |   |   |   |   |
|                                                                                                                              |   |                                |   |   |   |   |   |
| Basic                  per share amounts:                                                                                         |   |                                |   |   |   |   |   |
|                                                                                                                              |   |                                |   |   |   |   |   |
|             Net                  income per share of common stock     |   | $                                   | 0.09   |   | $ | 0.03 |   |
|                                                                                                                              |   |                                |   |   |   |   |   |
|             Weighted                  average shares outstanding      |   |                                | 10,038 |   |   | 9,972 |   |
|                                                                                                                              |   |                                |   |   |   |   |   |
| Diluted                  per share amounts:                                                                                       |   |                                |   |   |   |   |   |
|                                                                                                                              |   |                                |   |   |   |   |   |
|             Net                  income per share of common stock     |   | $                                   | 0.09   |   | $ | 0.03 |   |
|                                                                                                                              |   |                                |   |   |   |   |   |
|             Weighted                  average shares outstanding      |   |                                | 10,067 |   |   | 9,972 |   |

----

|                                                                                                                                                                             |   | Six                        Months Ended |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------|--------|
|                                                                                                                                                                             |   | June                        30,         |   | June                        30, |   |
|                                                                                                                                                                             |   | 2005                                    |   | 2004 |   |
| Cash                        flows from operating activities:                                                                                                                     |   |                                    |   |   |   |   |   |
|      Net                        income                                                                                                                  |   | $                                       | 2,091  |   | $ | 1,148 |   |
|      Adjustments                        to reconcile net income to net cash                                                                             |   |                                    |   |   |   |   |   |
|          provided                        by operating activities:                                                                   |   |                                    |   |   |   |   |   |
|             Depreciation                        and amortization                                                     |   |                                    | 204    |   |   | 191 |   |
|      Changes                        in operating assets and liabilities:                                                                                |   |                                    |   |   |   |   |   |
|             Accounts                        receivable                                                               |   |                                    | (186   | ) |   | 200 |   |
|             Inventories                                                                                              |   |                                    | (235   | ) |   | (117 | ) |
|             Prepaid                        expenses and other current assets                                         |   |                                    | (245   | ) |   | 8 |   |
|             Other                        assets                                                                      |   |                                    | 4      |   |   | 12 |   |
|             Accounts                        payable, accrued expenses and other liabilities                          |   |                                    | (269   | ) |   | (1,100 | ) |
|                  Net                        cash provided by operating activities           |   |                                    | 1,364  |   |   | 342 |   |
|                                                                                                                                                                             |   |                                    |   |   |   |   |   |
| Cash                        flows from investing activities:                                                                                                                     |   |                                    |   |   |   |   |   |
|             Capital                        expenditures, net                                                         |   |                                    | (351   | ) |   | (80 | ) |
|                  Net                        cash used in investing activities               |   |                                    | (351   | ) |   | (80 | ) |
|                                                                                                                                                                             |   |                                    |   |   |   |   |   |
| Cash                        flows from financing activities:                                                                                                                     |   |                                    |   |   |   |   |   |
|             Increase                        in senior debt                                                           |   |                                    | 178    |   |   | 175 |   |
|             Repayments                        of senior debt                                                         |   |                                    | (375   | ) |   | — |   |
|                  Net                        cash provided by (used in) financing activities |   |                                    | (197   | ) |   | 175 |   |
|                                                                                                                                                                             |   |                                    |   |   |   |   |   |
|      Effect                        of exchange rate changes on cash                                                                                     |   |                                    | (96    | ) |   | (189 | ) |
|                                                                                                                                                                             |   |                                    |   |   |   |   |   |
|      Increase                        in cash and cash equivalents                                                                                       |   |                                    | 720    |   |   | 248 |   |
|                                                                                                                                                                             |   |                                    |   |   |   |   |   |
|      Cash                        and cash equivalents - beginning of the year                                                                           |   |                                    | 2,040  |   |   | 469 |   |
|                                                                                                                                                                             |   |                                    |   |   |   |   |   |
|      Cash                        and cash equivalents - end of the period                                                                               |   | $                                       | 2,760  |   | $ | 717 |   |
|                                                                                                                                                                             |   |                                    |   |   |   |   |   |
|      Supplemental                        cash flow disclosure:                                                                                          |   |                                    |   |   |   |   |   |
|                                                                                                                                                                             |   |                                    |   |   |   |   |   |
|             Cash                        paid for interest expense                                                    |   | $                                       | 375    |   | $ | 34 |   |
|                                                                                                                                                                             |   |                                    |   |   |   |   |   |
|             Cash                        paid for income taxes                                                        |   | $                                       | 73     |   | $ | 34 |   |
|                                                                                                                                                                             |
|             Common                        stock issued for accrued director fees                                     |   | $                                       | 66     |   | $ | — |   |

----

**Note            1: Management’s Responsibility For Interim Financial Statements Including All**
**Adjustments            Necessary For Fair Presentation**

**Note            2: Inventories**

|                                      |   | June                      30, 2005                    |   | December                      31, 2004 |   |
|-------------------------------------------|--------|-------------------------------------------------------|--------|----------------------------------------|--------|
|                                      |   |  (in                      thousands)   |   |
| Parts                      and components |   | $                                                     | 3,170  |                                   | $      | 2,650 |   |
| Work-in-process                           |   |                                                  | 548    |                                   |   | 654 |   |
| Finished                      goods       |   |                                                  | 1,093  |                                   |   | 1,272 |   |
|                                      |   | $                                                     | 4,811  |                                   | $      | 4,576 |   |

**Note            3: Senior and Subordinated Debt**

----

**Note            4: Accounting for Stock Based Compensation**

|                                                                         |   | **Six                      Months Ended** |   | **Three                      Months Ended** |   |
|------------------------------------------------------------------------------|--------|-------------------------------------------|--------|---------------------------------------------|--------|
|                                                                         |   | **June                      30**          |   | **June                      30**            |   |
|                                                                         |   | **2005**                                  |   | **2004**                                    |   | **2005** |   | **2004** |   |
| **(In                      thousands, except per share data)**               |   |                                 |   |                                   |   |    |   |    |   |
| Net                      income, as reported                                 |   | $                                         | 2,091  |                                        | $      | 1,148 |   | $ | 887 |   | $ | 320 |   |
| Deduct:                      Total stock-based employee compensation expense |   |                                      |   |                                        |   |   |   |   |   |   |   |   |   |
| determined                      under fair value method for all awards       |   |                                      | (2     | )                                           |   | (1 | ) |   | (2 | ) |   | (1 | ) |
| Pro                      forma net income                                    |   | $                                         | 2,089  |                                        | $      | 1,147 |   | $ | 885 |   | $ | 319 |   |
|                                                                         |   |                                      |   |                                        |   |   |   |   |   |   |   |   |   |
| **Income                      per share of common stock:**                   |   |                                      |   |                                        |   |   |   |   |   |   |   |   |   |
|    Basic                      and diluted - as reported       |   | $                                         | 0.21   |                                        | $      | 0.12 |   | $ | 0.09 |   | $ | 0.03 |   |
|    Basic                      and diluted - pro forma         |   | $                                         | 0.21   |                                        | $      | 0.12 |   | $ | 0.09 |   | $ | 0.03 |   |

----

**Note            5: Segment Data**

----

|                                              |   | Six                        Months Ended |       | Three                        Months Ended |   |
|---------------------------------------------------|--------|-----------------------------------------|------------|-------------------------------------------|--------|
|                                              |   | June                        30, 2005    |       | June                        30, 2004      |   | June                        30, 2005 |   | June                        30, 2004 |   |
| **Sales:**                                        |   |                                    |       |                                      |   |   |   |   |   |   |   |   |   |
|      Line                |   | $                                       | 12,281,000 |                                      | $      | 10,399,000 |   | $ | 6,574,000 |   | $ | 4,427,000 |   |
|      Signal              |   |                                    | 3,255,000  |                                      |   | 2,591,000 |   |   | 1,598,000 |   |   | 1,289,000 |   |
|      OSS                 |   |                                    | 410,000    |                                      |   | 1,346,000 |   |   | 202,000 |   |   | 536,000 |   |
|                                              |   | $                                       | 15,946,000 |                                      | $      | 14,336,000 |   | $ | 8,374,000 |   | $ | 6,252,000 |   |
|                                              |   |                                    |       |                                      |   |   |   |   |   |   |   |   |   |
| **Segment                        profit (loss):** |   |                                    |       |                                      |   |   |   |   |   |   |   |   |   |
|      Line                |   | $                                       | 3,109,000  |                                      | $      | 2,755,000 |   | $ | 1,537,000 |   | $ | 1,120,000 |   |
|      Signal              |   |                                    | 1,387,000  |                                      |   | 1,036,000 |   |   | 689,000 |   |   | 580,000 |   |
|      OSS                 |   |                                    | (535,000   | )                                         |   | (900,000 | ) |   | (263,000 | ) |   | (602,000 | ) |
|                                              |   | $                                       | 3,961,000  |                                      | $      | 2,891,000 |   | $ | 1,963,000 |   | $ | 1,098,000 |   |

|                                                                                                               |   | Six                          Months Ended |       | Three                          Months Ended |   |
|--------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------|------------|---------------------------------------------|--------|
|                                                                                                               |   | June                          30, 2005    |       | June                          30, 2004      |   | June                          30, 2005 |   | June                          30, 2004 |   |
| **Sales:**                                                                                                         |   |                                      |       |                                        |   |   |   |   |   |   |   |   |   |
| Total                          revenue for reportable                                                              |   |                                      |       |                                        |   |   |   |   |   |   |   |   |   |
|        segments                                                                 |   | $                                         | 15,946,000 |                                        | $      | 14,336,000 |   | $ | 8,374,000 |   | $ | 6,252,000 |   |
| Other                          revenue                                                                             |   |                                      | 95,000     |                                        |   | 36,000 |   |   | 51,000 |   |   | 20,000 |   |
| Consolidated                          total revenue                                                                |   | $                                         | 16,041,000 |                                        | $      | 14,372,000 |   | $ | 8,425,000 |   | $ | 6,272,000 |   |
|                                                                                                               |
| **Operating                          income (loss):**                                                              |   |                                      |       |                                        |   |   |   |   |   |   |   |   |   |
| Total                          segment income                                                                      |   |                                      |       |                                        |   |   |   |   |   |   |   |   |   |
|            for                          reportable segments |   | $                                         | 3,961,000  |                                        | $      | 2,891,000 |   | $ | 1,963,000 |   | $ | 1,098,000 |   |
| Corporate                          and unallocated                                                                 |   |                                      | (1,202,000 | )                                           |   | (1,057,000 | ) |   | (749,000 | ) |   | (415,000 | ) |
| Consolidated                          total                                                                        |   |                                      |       |                                        |   |   |   |   |   |   |   |   |   |
|           operating                          income              |   | $                                         | 2,759,000  |                                        | $      | 1,834,000 |   | $ | 1,214,000 |   | $ | 683,000 |   |

**Item                  2. **
**Management’s                  Discussion and Analysis of Financial Condition and Results of**
**Operations**

----

|                                                          |   | Six                  Months Ended |   | Three                  Months Ended |   |
|---------------------------------------------------------------|--------|-----------------------------------|--------|-------------------------------------|--------|
|                                                          |   | June                  30,         |   | June                  30,           |   |
|                                                          |   | 2005                              |   | 2004                                |   | 2005 |   | 2004 |   |
| Sales                                                         |   |                              | 100    | %                                   |   | 100 | % |   | 100 | % |   | 100 | % |
| Cost                  of sales                                |   |                              | 60     | %                                   |   | 62 | % |   | 62 | % |   | 62 | % |
| Gross                  profit                                 |   |                              | 40     | %                                   |   | 38 | % |   | 38 | % |   | 38 | % |
| Selling,                  general and administrative expenses |   |                              | 17     | %                                   |   | 18 | % |   | 19 | % |   | 19 | % |
| Research                  and development expenses            |   |                              | 6      | %                                   |   | 7 | % |   | 5 | % |   | 8 | % |
| Operating                  income                             |   |                              | 17     | %                                   |   | 13 | % |   | 15 | % |   | 11 | % |
| Interest                  expense - net                       |   |                              | (4     | %)                                  |   | (5 | %) |   | (4 | %) |   | (5 | %) |
| Other                                                         |   |                              | 0      | %                                   |   | 0 | % |   | 0 | % |   | (1 | %) |
| Net                  income                                   |   |                              | 13     | %                                   |   | 8 | % |   | 11 | % |   | 5 | % |

|                                                     |   | Six                    Months Ended June 30, |   |
|----------------------------------------------------------|--------|----------------------------------------------|--------|
|                                                     |   | $(000)                                       |   |
|                                                     |   | 2005                                         |   | 2004 |   |
| Line                    connection/protection equipment  |   | $12,281                                      |   |  77 | %  | $10,399 |   |  72 | %  |
| Signal                    Processing                     |   |                                         | 3,255  |   |   | 20 | % |   | 2,591 |   |   | 18 | % |
| OSS                    equipment and maintenance revenue |   |                                         | 410    |   |   | 3 | % |   | 1,346 |   |   | 10 | % |
| Other                                                    |   |                                         | 95     |   |   | 0 | % |   | 36 |   |   | 0 | % |
|                                                     |   | $                                            | 16,041 |   |   | 100 | % | $ | 14,372 |   |   | 100 | % |

|                                                     |   | Three                    Months Ended June 30, |   |
|----------------------------------------------------------|--------|------------------------------------------------|--------|
|                                                     |   | $(000)                                         |   |
|                                                     |   | 2005                                           |   | 2004 |   |
| Line                    connection/protection equipment  |   | $                                              | 6,574  |   |   | 78 | % | $ | 4,427 |   |   | 71 | % |
| Signal                    Processing                     |   |                                           | 1,598  |   |   | 19 | % |   | 1,289 |   |   | 21 | % |
| OSS                    equipment and maintenance revenue |   |                                           | 202    |   |   | 2 | % |   | 536 |   |   | 8 | % |
| Other                                                    |   |                                           | 51     |   |   | 1 | % |   | 20 |   |   | 0 | % |
|                                                     |   | $                                              | 8,425  |   |   | 100 | % | $ | 6,272 |   |   | 100 | % |

**Overview**

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**Results          of Operations**

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**Liquidity      and Capital Resources**

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**Forward        Looking Statements**

**Item        3.**
**Quantitative        and Qualitative Disclosure About Market Risk.**

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**Item        4.**
**Controls        and Procedures**

**Disclosure        Controls and Procedures**

**Internal        Control over Financial Reporting**

**PART        II - OTHER INFORMATION**

**Item        3. Defaults Upon Senior Securities.**

**Item        6. Exhibits **

|   | 31.1 | Certificate                  of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley                  Act of 2002. |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------|

|   | 31.2 | Certificate                  of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley                  Act of 2002. |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------|

|   | 32.1 | Certificate                  of Chief Executive Officer and Chief Financial Officer pursuant                  to Section                  906 of the Sarbanes-Oxley Act of                  2002. |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**SIGNATURES**

|                                    |                                                                             |                                |
|-----------------------------------------|----------------------------------------------------------------------------------|-------------------------------------|
|                                    | **PORTA                SYSTEMS CORP.**                                           |
|                               |                                                                        |                           |
| Dated:                  August 11, 2005 | By:                                                                    | /s/William                V. Carney |
|                                    | William                V. Carney                                                 |
|                                    | Chairman                  of the Boardand Chief Executive                Officer |

|                                    |                                                                                             |                                 |
|-----------------------------------------|--------------------------------------------------------------------------------------------------|--------------------------------------|
|                                    |                                                                                             |
|                               |                                                                                        |                            |
| Dated:                  August 11, 2005 | By:                                                                                    | /s/Edward                B. Kornfeld |
|                                    | Edward                B. Kornfeld                                                                |
|                                    | President,                  Chief Operating Officer and                  Chief Financial Officer |

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