UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington , D.C. 20549
THIS DOCUMENT IS A COPY OF THE SCHEDULE 13G FILED ON OCTOBER 9, 1997 PURSUANT
TO RULE 201 TEMPORARY HARDSHIP EXEMPTION
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Objective Systems Integrators, Inc.
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(name of Issuer)
COMMON
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(Title of Class of Securities)
674424-10-6
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ] .
(A fee is not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent of
the class of securities described in Item 1: and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent of less of
such class). (See Rule 13-d-7).
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
SCHEDULE 13G Page 2 of 4
CUSIP No. 674424-10-6
1 Name of Reporting Person
S.S. or I.R.S. Identification No of Above Person
Colorado State Bank and Trust
(Colstab and Co., Nominee)
1600 Broadway, Suite 300
Denver, CO 80202
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2 Check the Appropriate Box if a Member of a Group a[ ]
b[ ]
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3 SEC use only
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4 Citizenship or Place of Organization
Colorado, USA
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5 Sole Voting Power
Number of
shares 8,000,000
Beneficially -----------------------------------------------------------------
owned by 6 Shared Voting Power
each
Reporting 0
Person -----------------------------------------------------------------
With 7 Sole Dispositive Power
8,000,000
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8 Shared Dispositive Power
0
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9 Aggregate Amount Beneficially Owned by each Reporting Person
8,000,000
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10 Check Box if Aggregate Amount in Row (9) excludes Certain Shares* [ ]
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11 Percent of Class Represented by Amount in Row (9) 24.55%
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12 Type of Reporting Person* BK
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SCHEDULE 13G Page 3 of 4
Item 1.
(a) Name of Issuer:
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Objective Systems Integrators, Inc.
(b) Address of Principal Business Office:
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100 Blue Ravine Rd.
Suite 210
Folsom, CA 95630
Item 2.
(a) Name of Person Filing:
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Colorado State Bank and Trust
(b) Address of Principal Business Office:
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1600 Broadway
Suite 300
Denver, CO 80202
(c) Place of Organization:
----------------------
Colorado, USA
(d) Title or Class of Securities
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Common
(e) CUSIP NUMBER
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674424-10-6
Item 3
Not Applicable
Item 4. Ownership
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The securities reported herein are beneficially owned by one or more
managed trust accounts for which the bank is sole trustee. The trust
agreements grant to Colorado State Bank and Trust all investment and
voting power over the securities.
(a) Amount beneficially owned: 8,000,000
(b) Percent of class 24.55%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: 8,000,000
(ii) Shared power to vote or direct the vote: None
(iii) Sole power to dispose or direct disposition: 8,000,000
(iv) Shared power to dispose or direct disposition: None
Item 5. Ownership of Five Percent or Less of a Class:
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Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
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Two trust accounts have the right to receive or the power to direct
the receipt of dividends from, or the proceeds from the sale of,
total shares reported in this filing. These trusts are:
Donna R. Johnson GRAT 1997-1 2,000,000 shares 6.14%
Tom L. Johnson GRAT 1997-1 2,000,000 shares 6.14%
Other trust accounts or persons have a right to receive or the
power to direct the receipt of dividends from, or the proceeds from
the sale of, remaining shares reported in this filing. To our
knowledge no such other interest of any account or person relates
to more than 5% of the class.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company.
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Not Applicable
Item 8. Identification and Classification of Members of the Group.
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Not Applicable
Item 9. Notice of Dissolution of Group.
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Not Applicable
Item 10. Certification
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By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose of
and do not have the effect of changing or influencing the control of
the issuer of such securities and were not acquired in connection
with or as a participant in any transaction having such purposes or
effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Date October 9, 1997
Signature By: /s/ Aaron K. Azari
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Aaron K. Azari -Senior Vice President
Colorado State Bank and Trust
SCHEDULE 13G Page 4 of 4
EXHIBIT A -DISCLAIMER
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Information on the attached Schedule 13G is provided solely for the purpose of
complying with Section 13(d) and 13(g) of the Securities Exchange Act of 1934
and Regulations promulgated under authority thereof and is not intended as
an admission that Colorado State Bank and Trust or its nominees, is a
beneficial owner of the securities described herein for any other purpose.
Date October 9, 1997
Signature By: /s/ Aaron K. Azari
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Aaron K. Azari -Senior Vice President
Colorado State Bank and Trust