U.S. SECURITIES AND EXCHANGE COMMISSION
________ Washington, D.C. 20549
| |
| FORM 3 | INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
|________|
Filed pursuant to Section 16(a) of the Securities Exchange
Act of 1934, Section 17(a) of the Public Utility Holding
Company Act of 1935 or Section 30(f) of the Investment
Company Act of 1940
_________________________________________________________________________
|1. Name and Address of |2. Date of Event|4. Issuer and Ticker or Trading|
| Reporting Person | Requiring | Symbol |
| | Statement | Augment Systems, Inc./AUGS |
| | (mo/day/yr) |_______________________________|
| Cory, III, Chapell | 05/12/97 |5. Relationship of Reporting |
|_______________________|________________| Person to Issuer (check all |
|(Last) (First) (MI)|3. IRS or Social| applicable) |
| | Security | (X)Director ( )10% Owner |
| 5 Shasta Drive | Number of Re-| ( )Officer ( )Other |
|_______________________| porting Per- | .|
|(Street) | son (volun.) | |
| | |_______________________________|
| No. Reading, MA 01864 | ###-##-#### |6. If Amendment, Date of |
|_______________________| | Original (mo/day/yr) |
|(City) (State) (Zip) | | |
|_______________________|________________|_______________________________|
| | TABLE I - Non-Derivative Securities |
| | Beneficially Owned |
|________________________________________________________________________|
|1. Title of Security |2. Amount of |3. Ownership |4. Nature of |
| (Instr. 4) | Securities | Form:Direct| Indirect |
| | Beneficially| (D) or In- | Beneficial |
| | Owned | direct (I) | Ownership |
| | (Instr. 4) | (Instr. 5) | (Instr. 5) |
|_________________________|_______________|______________|_______________|
| | | | |
| Common Stock | 39,100 shs. | D | |
|_________________________|_______________|______________|_______________|
| | | | |
| | | | |
|_________________________|_______________|______________|_______________|
| | | | |
| | | | |
|_________________________|_______________|______________|_______________|
Reminder: Report on separate line for each class of securities beneficially
owned directly or indirectly/(Print or Type Responses) SEC 1473(80-32)
<PAGE>
FORM 3 (continued)
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls,
warrants, options, convertible securities)
______________________________________________________________________________
|1.Title of Deri- |2.Date Exer-|3.Title and Amount|4.Conver-|5.Owner-|6.Nature
| vative Security| cisable | of Securities | sion or| ship | of In-
| (Instr. 4) | and Expir-| Underlying Deri-| Exer. | Form of| direct
| | ation Date| vative Security | Price | Deriv. | Bene-
| | mo/day/yr | (Instr. 4) | of | ative | ficial
| |____________|__________________| Deriva-| Securi-| Owner-
| |Date |Expi-| |Amount| tive | ty: Di-| ship
| |Exer- |ra- | |or | Securi-| rect(D)| (Instr
| |cis- |tion | Title |Number| ty | or In- | 5)
| |able |Date | |of | | direct |
| | | | |Shares| | (I) |
|_________________|______|_____|___________|______|_________|________|________
| | | | | | | |
| | | | | | | |
|_________________|______|_____|___________|______|_________|________|________
| | | | | | | |
| | | | | | | |
|_________________|______|_____|___________|______|_________|________|________
| | | | | | | |
| | | | | | | |
|_________________|______|_____|___________|______|_________|________|________
| | | | | | | |
| | | | | | | |
|_________________|______|_____|___________|______|_________|________|________
Explanation of Responses:
/s/ Chappell Cory, III 05/12/97
**Intentional misstatements or omissions __________________________ ________
of facts constitute Federal Criminal **Signature of Reporting Date
Violations. See 18 U.S.C. 1001 and Person
15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be
manually signed. If space provided is insufficient,
see Instruction 6 for procedure.
Page 2
SEC 1473 (8-92)
