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): February 19, 1997 ARI NETWORK SERVICES, INC. (Exact name of registrant as specified in its charter) Wisconsin 0-19608 39-1388360 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification incorporation) No.) 330 E. Kilbourn Avenue Milwaukee, Wisconsin 53202 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (414) 278-7676 Item 5. Other Events On February 19, 1997, the Company announced that revenue for the quarter ended January 31, 1997 was $1.67 million, a 55% increase over last year's second quarter. Net loss for the quarter improved 22% over last year to a loss of $0.93 million, or $0.06 per share. The Company has projected that, based on current trends, revenue for the year ended July 31, 1997 will be between $7.0-$8.0 million. The Company further projects that, based on current trends, it will achieve break-even operating results in the quarter ended July 31, 1998. The statements made herein include "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks and uncertainties, which may cause the Company's actual results in the periods to be materially different from the future performance suggested herein. Such factors include those set forth under "Forward Looking Statements" in the Company's Form 10-Q for the quarter ended October 31, 1996. For more information please refer to the Company's other filings with the Securities and Exchange Commission. Item 7. Financial Statements and Exhibits (c) Exhibits 99.1 Press Release dated February 19, 1997. 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. Dated: February 21, 1997 ARI NETWORK SERVICES, INC. By: /s/ Brian E. Dearing ---------------------------- Brian E. Dearing President and CEO EXHIBITS No. Description 99.1 Press Release dated February 19, 1997.