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)
                               January 12, 2001

                                 Veritec, Inc.
             (Exact name of registrant as specified in its charter)

   Nevada                        0-15113                 95-3954373
State or other          (Commission File Number)            IRS
Jurisdiction                                             Employer
of incorporation)                                     Identification
                                                         Number)

   1000 Boone Avenue North, Suite 110, Golden Valley MN     55427
  -----------------------------------------------------   ----------
         (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)         (ZIP CODE)

                               763-525-8470
           ----------------------------------------------------
           (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)


ITEM FIVE: OTHER EVENTS
                               CORPORATE OFFICERS

Effective October 15, 2000 Mr. Carl Anselmo has resigned as Interim President of
Veritec Inc.

On that date the board of directors  has  appointed Ms. Van Tran as President of
Veritec Inc. Ms. Van Tran will retain her position as CEO of the company.

On November 15, 2000 Mr. Miles Finn was appointed Chief Operating Officer of the
corporation. He is responsible for the day to day operations of the company.

Mr. Finn has a background  in advanced  medical  technology  and  marketing.  He
earned a Ph.D. in physics from  University of Minnesota,  holds several  patents
and most recently was Director of Sales and Marketing for Clarus Medical LLC.

Mr.  Michael  Christian  has  been  appointed  as  Chief  of  Engineering.   His
responsibilities  include providing  engineering  support to the company and its
customers.

                                 OTHER MATTERS

On December 1, 2000 Mathews Group paid the  indebtedness  of Veritec Inc. to the
Gant Group.  This payment  released all liens  against the assets of Veritec Inc
held by the Gant Group as security for the debt.




                                   SIGNATURES

Pursuant to the  requirements  of the  Securities  and Exchange Act of 1934, the
Company  has  duly  caused  this  report  to be  signed  on  its  behalf  by the
undersigned thereunto duly authorized.

                              Veritec Inc.                      (Registrant)

January 12, 2001              By: /s/ Ms Van Tran
                              ---------------------------------
                                      Ms Van Tran, CEO