HOGAN SYSTEMS INC
8-K, 1995-06-16
PREPACKAGED SOFTWARE
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<PAGE>                                
                                
                                
               SECURITIES AND EXCHANGE COMMISSION
                                
                    Washington, D.C.  20549
                                
                            FORM 8-K
                                
                         CURRENT REPORT
                                
                                
                                
               Pursuant to Section 13 or 15(d) of
             the Securities Exchange of Act of 1934
                                
                                
                                

         Date of Report (Date of earliest event reported): June 7, 1995
                                
                                
                                
                      HOGAN SYSTEMS, INC.
     (Exact name of registrant as specified in its charter)
                                
                                
                                
                                
                            Delaware
        (State or other jurisdiction of incorporation)
                                
                                
                                
         0-12317                        75-1558550
 Commission File Number)       (IRS Employer Identification No.)


                5080 Spectrum Drive, Suite 400E
                      Dallas, Texas  75248
     (Address of principal executive offices and zip code)
                                
Registrants telephone number, including area code:  (214) 386-0020


<PAGE>  
Item 5.  Other Events
  
    On June 7, 1995, the Registrant announced that it has engaged the
investment banking firm of Morgan Stanley and Co., Inc. as its financial
advisor for the purpose of evaluating   strategic alternatives intended to
maximize shareholder value.
  
    The information contained in the press release attached hereto as Exhibit
99.1 is incorporated by reference.
  
  


                                 - 2 -
<PAGE>
Item 7.  Financial Statements and Exhibits
  
  
         99.1   Press release dated June 7, 1995.
  

                                 - 3 - 

<PAGE>
                              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 thereunto duly authorized.
  
  
HOGAN SYSTEMS, INC.          
(Registrant)
  
  
  
s/s  David R. Bankhead
- ---------------------------     
David R. Bankhead
Senior Vice President and
Chief Financial Officer
  
  
DATE: June 16, 1995 
    
                                 - 4 -
<PAGE>
                                 EXHIBIT INDEX
  
  
  
  Exhibit                                               Page
  -------                                               ----  
    99.l   Press release dated June 7, 1995               6


                                 - 5 -


EXHIBIT 99.l
  
     FOR IMMEDIATE RELEASE
  
     Contacts:  W. Daniel Johnson        David R. Bankhead
                Senior Vice President    Senior Vice President & CFO
                214/788-7933             214/788-7947
  
  
           Dallas, TX, June 7, 1995 - Hogan Systems, Inc. announced today that
it has engaged the investment banking firm of Morgan Stanley & Co.
Incorporated as its financial advisor for the purpose of evaluating strategic
alternatives to maximize shareholder value.  The Company does not intend to
issue any further statements regarding this process.

           Hogan Systems, Inc. is a leading provider of integrated general
banking software which it licenses to financial institutions around the world. 
The Company's common stock is traded on the National Market segment of the
Nasdaq Stock Market under the symbol "HOGN."
  
  
                                 - 6 -


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