NETSMART TECHNOLOGIES INC
424B3, 2000-02-28
COMPUTER PROCESSING & DATA PREPARATION
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            Supplement No. 1 dated February 28, 2000 to prospectus dated
            January 11, 2000

        The expiration date of Netsmart Technologies,  Inc. warrants to purchase
287,491  shares of common stock at $6.00 per share and 448,535  shares of common
stock at $12.00 per share has been  extended from February 29, 2000 to April 30,
2000.





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