NATIONAL TRANSACTION NETWORK INC
8-K, 2000-05-08
COMPUTER INTEGRATED SYSTEMS DESIGN
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                       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 5, 2000



                      National Transaction Network, Inc.
            (Exact name of registrant as specified in its charter)



         Delaware                       0-10966                  75-1535237
(State or other jurisdiction     (Commission File Number)      (IRS Employer
     of incorporation)                                       Identification No.)



                               117 Flanders Road
                           Westborough, Massachusetts
                    (Address of Principal Executive Offices)

                                 (508) 870-3200
              (Registrant's telephone number, including area code)



                                  Page 1 of 3

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Item 5.  Other Events

       On May 5, 2000, IVI Checkmate Corp. and National Transaction Network,
       Inc. issued a joint press release announcing that the registration
       statement related to IVI Checkmate's acquisition of all of the shares of
       National Transaction Network that it does not presently own had been
       declared effective by the Securities and Exchange Commission.  The press
       release also noted the date and place of, and record date for, the
       special meeting of NTN stockholders for purposes of approving the merger.
       A copy of the press release is included as an exhibit to this report and
       incorporated herein by reference.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

   (a)  Exhibits
        --------

   Exhibit No.    Description
   ----------     -----------

       99         Press Release dated May 5, 2000 regarding effectiveness of
                  registration statement and special meeting of National
                  Transaction Network stockholders.



                                  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.

                                       NATIONAL TRANSACTION NETWORK, INC.
                                       (Registrant)


Date:  May 5, 2000                     By  /s/ L. Barry Thomson
                                           --------------------
                                           L. Barry Thomson
                                           Chief Executive Officer



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INDEX TO EXHIBITS
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Exhibit       Description                                             Page No.
- -------       -----------                                             -------

  99          Press Release dated May 5, 2000 regarding                  4
              effectiveness of registration statement and
              special meeting of National Transaction
              Network stockholders.






                                      -3-

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                                                                      Exhibit 99
FOR IMMEDIATE RELEASE
May 5, 2000


                IVI CHECKMATE AND NATIONAL TRANSACTION NETWORK
                    ANNOUNCE EFFECTIVENESS OF REGISTRATION
                  STATEMENT AND SPECIAL MEETING OF NATIONAL
                       TRANSACTION NETWORK STOCKHOLDERS

[Atlanta, Georgia/Toronto, Canada/Westborough, Massachusetts] - IVI Checkmate
Corp. (NASDAQ: CMIV); (TSE: IVC/IVI) and National Transaction Network, Inc.
(OTCBB: NTRN) today announced that the registration statement related to the
acquisition by IVI Checkmate Corp., through its wholly-owned subsidiary IVI
Checkmate Inc., of all of the shares of National Transaction Network common
stock that it does not presently own, had been declared effective by the
Securities and Exchange Commission. IVI Checkmate Corp., through IVI Checkmate
Inc., currently owns approximately 82% of National Transaction Network's
3,325,468 common shares outstanding.

National Transaction Network stockholders will be asked to approve the merger
agreement and the merger at a special meeting scheduled for Tuesday June 13,
2000 in Atlanta, Georgia. The board of directors of National Transaction Network
has designated May 1, 2000 as the record date for the special meeting.

IVI Checkmate is the third largest electronic transaction solutions provider in
North America. The Company designs, develops and markets innovative payment and
value-added solutions that optimize transaction management at the point-of-
service in the retail, financial, hospitality, healthcare and transportation
industries. IVI Checkmate's software, hardware and professional services
minimize transaction costs, reduce operational complexity and improve
profitability for its customers in the U.S., Canada and Latin America. For more
information on IVI Checkmate, please visit our web site at www.ivicheckmate.com.

National Transaction Network, Inc., a subsidiary of IVI Checkmate, designs
develops, integrates, markets and maintains electronic payment systems for use
in retail applications. National Transaction Network software performs many of
the tasks involved in electronic payment transactions, including the collection
of payment-related data at the point of sale, secure transmission of data,
authorization and collection of the completed transaction and final reporting of
the transaction.

National Transaction Network and IVI Checkmate offer a single-source, end-to-end
electronic payment solution to retailers at both store and corporate level.

CONTACTS:      L. Barry Thomson           John J. Neubert
               President & CEO            CFO/Executive Vice President
               IVI Checkmate Corp.        IVI Checkmate Corp.
               (770) 594-6000             (770) 594-6000


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