PROSPECTUS SUPPLEMENT NO. 1 File No. 333-31295
(To Prospectus dated August 6, 1997) Filed pursuant to
Rule 424(b)(3) and
Rule 424(c)
ARI NETWORK SERVICES, INC.
Common Stock
This Prospectus Supplement updates and supplements
the Prospectus dated August 6, 1997, which was filed
with the Securities and Exchange Commission in
connection with the Company's registration statement on
Form S-2, Registration No. 333-31295.
On September 25, 1997, the Company reported fourth
quarter and annual operating results for the periods
ending July 31, 1997, as set forth below:
Years Three Months
Ended Ended
July 31, July 31, July 31, July 31,
1997 1996 1997 1996
Revenues $ 6,913,000 $ 5,251,000 $ 1,859,000 $ 1,631,000
Net Loss $ (3,275,000) $ (4,206,000) $ (285,000) $ (1,030,000)
Loss per $ (0.23) $ (0.34) $ (0.02) $ (0.08)
Share
On October 2, 1997, the Company announced that it
completed the acquisition of Empart Technologies, Inc.,
a Foster City, California based developer of software
for electronics parts catalogs. The acquisition is not
expected to have a material impact on the Company's
financial position.
The date of this Prospectus Supplement is October 13, 1997.
