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| FORM 3 | U.S. SECURITIES AND EXCHANGE COMMISSION
+--------+ WASHINGTON, D.C. 20549
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
(Print or Type Responses)
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1. Name and Address of Reporting Person*
Datamatics Technologies Limited
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(Last) (First) (Middle)
Unit 117-120, SDF4, SEEPZ
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(Street)
Andheri (East), Mumbai, India 400096
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(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year) 10/3/00
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3. IRS Identification Number of Reporting Person if an Entity
(Voluntary)
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4. Issuer Name and Ticker or Trading Symbol Saztec International,
Incorporated (SAZZ)
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5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
___ Director ___ Officer _X_ 10% Owner ___ Other
(give title below) (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint Group Filing (Check Applicable Line)
_X__ Form Filed by One Reporting Person
____ Form filed by More than One Reporting Person
TABLE I--NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
<TABLE>
<CAPTION>
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1. Title 2. Amount of 3. Ownership Form: 4. Nature of
of Securities Bene- Direct (D) or Indirect Bene-
Security ficially Owned Indirect (I) ficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 5)
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<S> <C> <C> <C>
Common Stock 2,218,174 D
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reported person, see Instruction
5(b)(v).
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
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TABLE II--DERIVATIVE SECURITIES BENEFICIALLY OWNED
(e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
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1. Title of Derivative 2. Date Exer- 3. Title and Amount of Securities 4. Conversion 5. Ownership 6. Nature of In-
Security (Instr. 4) cisable and Underlying Derivative Security or Form of direct Bene-
Expiration (Instr. 4) Exercise Derivative ficial
Date Price Security: Ownership
(Month/Day/ of Direct (D) (Instr. 5)
Year) Derivative or In-
---------------------------------------------------- Security direct (I)
Date Expira- Amount or (Instr. 5)
Exer- tion Title Number of
cisable Date Shares
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<S> <C> <C> <C> <C> <C> <C> <C>
Convertible Promissory Note (1) 9/25/01 Common Stock (1) $0.36 D
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</TABLE>
Explanation of Responses:
(1) The convertible promissory note is convertible at any time and from time to
time, to the extent of unpaid principal and interest, into shares of common
stock of the Issuer at the rate of $0.36 per share. The conversion rate would
result in the issuance of 1,527,777 shares to the Reporting Person upon
conversion of the full principal amount of the note. Additional shares are
issuable upon conversion of the accrued and unpaid interest, which accrues at a
variable rate equal to 2% above the prime rate as published from time to time in
the Wall Street Journal "Money Rates" column. Shares issuable upon conversion of
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accrued but unpaid interest have been excluded from the calculation because the
number of those shares is not presently calculable.
DATAMATICS TECHNOLOGIES LIMITED
/s/ Manish H. Modi 10/16/00
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**Signature of Reporting Person Date
By: Manish H. Modi
Title: President & Chief Executive Officer
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
