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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
945384	Cicero Inc	CICN	Services-Computer Programming Services (7371)	112920559

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1069726	Jonathan Gallen	C/O Ahab Capital Management, Inc. 299 Park Avenue, 17Th Floor New York NY 10171		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.001 Per Share	Disposition	2012-04-25	111,600	$0.18	9,026,573	No	4	S	Indirect	By partnerships, corporations and various investment accounts
Common Stock, Par Value $0.001 Per Share	Disposition	2012-04-26	258,573	$0.19	8,768,000	No	4	S	Indirect	By partnerships, corporations and various investment accounts
Common Stock, Par Value $0.001 Per Share	Disposition	2012-04-27	55,600	$0.17	8,712,400	No	4	S	Indirect	By partnerships, corporations and various investment accounts
Common Stock, Par Value $0.001 Per Share	Disposition	2012-04-30	45,000	$0.16	8,667,400	No	4	S	Indirect	By partnerships, corporations and various investment accounts

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By partnerships, corporations and various investment accounts
No	4	S	Indirect	By partnerships, corporations and various investment accounts
No	4	S	Indirect	By partnerships, corporations and various investment accounts
No	4	S	Indirect	By partnerships, corporations and various investment accounts

Footnotes

As of April 30, 2012 (and after giving effect to the previous transactions set forth in Table 1 of this Form), Ahab Redemption Fund, L.P. ("Ahab"), Ahab Redemption Fund, Ltd. ("Redemption"), certain affiliated funds and one or more private investment accounts (the "Accounts") held in the aggregate 8,667,400 shares of common stock, par value $0.001 per share (the "Shares"), of Cicero, Inc., formerly Level 8 Systems, Inc. (the "Company"). All warrants previously reported as held by Ahab, Redemption, the affiliated funds and the Accounts have expired.
Jonathan Gallen possesses the sole power to vote and the sole power to direct the disposition of 8,567,400 Shares held by Ahab, Redemption, and the affiliated funds. In addition, Mr. Gallen possesses the sole power to direct the disposition of 100,000 Shares held by the Accounts. Accordingly, for the purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, Mr. Gallen is deemed to beneficially own 8,667,400 Shares. Mr. Gallen's interest in the securities reported herein is limited to the extent of his pecuniary interest in Ahab, Opportunities, the affiliated funds, and the Accounts, respectively, if any.