DAISYTEK INTERNATIONAL CORPORATION /DE/
8-K, 1999-10-04
PAPER & PAPER PRODUCTS
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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): September 23, 1999


                       DAISYTEK INTERNATIONAL CORPORATION
             (Exact name of registrant as specified in its charter)



DELAWARE                            0-25400                    75-2421746
(State or other                     (Commission                (I.R.S. Employer
jurisdiction of                     File Number)               Identification
incorporation)                                                 Number)


500 NORTH CENTRAL EXPRESSWAY, PLANO, TX                        75074
(Address of principal executive offices)                       (Zip Code)

Registrant's telephone number, including area code: (972) 881-4700

                                      NONE
          (Former name or former address, if changed since last report)


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ITEM 5.  OTHER EVENTS

                  On September 23, 1999, PFSweb, Inc., a subsidiary of the
Registrant, issued the press release filed herewith as Exhibit 99, relating its
filing of a preliminary registration statement on Form S-1. For the preliminary
registration statement, go to the following internet address:
http://www.sec.gov/Archives/edgar/data/1095315/0000950134-99-008416.txt.


ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

         (a)      Financial statements of business acquired

                  Not applicable

         (b)      Pro forma financial information

                  Not applicable

         (c)      Exhibits

                  99. Press Release dated September 23, 1999.


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                                    SIGNATURE


         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.

                                  DAISYTEK INTERNATIONAL CORPORATION



Dated: October 4, 1999            By:   /s/ THOMAS J. MADDEN
                                  Thomas J. Madden
                                  Chief Financial Officer,
                                  Chief Accounting Officer,
                                  Vice President - Finance


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                                INDEX TO EXHIBITS


<TABLE>
<CAPTION>
   EXHIBIT                                                                              PAGE
     NO.                           EXHIBIT                                             NUMBER
- --------------                     -----------                                      -------------
<S>               <C>                                                               <C>
99.               Press Release dated September 23, 1999.......................            5
</TABLE>




<PAGE>   1
[DAISYTEK LOGO]

FOR IMMEDIATE RELEASE

Contact: MARK C. LAYTON                                    CRAIG MCDANIEL, APR
         President, Chief Executive Officer and            Michael A. Burns &
         Chief Operating Officer                             Associates
         Daisytek International Corporation                (214) 521-8596
         [email protected]                              [email protected]
         or THOMAS J. MADDEN
         Vice President - Finance and Chief Financial Officer
         Daisytek International Corporation
         [email protected]
         (972) 881-4700


           DAISYTEK'S E-COMMERCE LOGISTICS BUSINESS, PFSWEB, FILES IPO

PLANO, TEXAS (SEPT. 23, 1999) - PFSweb, Inc., the e-commerce logistics business
unit of Daisytek International Corporation (Nasdaq: DZTK), announced today that
it has registered with the Securities and Exchange Commission for a proposed
initial public offering (IPO) of the common stock of PFSweb, Inc.

         PFSweb is an international provider of transaction management services
for both traditional and e-commerce companies. PFSweb's comprehensive suite of
services includes order management, customer care services, billing services,
information management and distribution services. PFSweb has operations in the
United States, Canada and Europe.

         The representatives of the underwriters of the offering are Hambrecht &
Quist LLC, Dain Rauscher Wessels, William Blair & Company, LLC, and Jefferies &
Company, Inc.

         A written prospectus may be obtained from Thomas J. Madden at PFSweb,
Inc., 500 North Central Expressway, Plano, Texas 75074.


                                      # # #


A registration statement relating to these securities has been filed with the
Securities and Exchange Commission but has not yet become effective. Securities
may not be sold nor may offers to buy be accepted prior to the time the
registration statement becomes effective. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of the securities in any state in which such offer,
solicitation or sale would be unlawful prior to registration or qualification of
the securities law of any such state.


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