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): May 21, 1998 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 May 21, 1998, the Company projected that revenue for the year ended July 31, 1998 will increase 15-20% over the year ended July 31, 1997. The Company further projected that it will achieve profitability for the first time in the fourth quarter of fiscal 1999. 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 January 31, 1998. For more information please refer to the Company's other filings with the Securities and Exchange Commission. 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: May 21, 1998 ARI NETWORK SERVICES, INC. By: /s/ Brian E. Dearing ------------------------- Brian E. Dearing, Chairman, President and CEO