United States
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) November 29, 1996
CATALYST INTERNATIONAL, INC.
(Exact name of Registration as Specified in Charter)
_______Delaware________________0-27138_________39-1415889_______
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
8989 North Deerwood Drive, Milwaukee, WI 53223
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (414) 362-6800
Page 1 of 6
Exhibit Index on Page 4
<PAGE>
ITEM 5. OTHER EVENTS
On November 29, 1996, the Company announced that it had entered
into a definitive agreement to redeem approximately 1.2 million
shares of its Common Stock from Summit Ventures III, LP. and
Summit Investors II, L.P. of Boston in a privately-negotiated
transaction.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(C) Exhibits
99.1 Press Release dated November 29, 1996.
<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 hereunto duly authorized.
CATALYST INTERNATIONAL, INC.
Date: December 3, 1996 By: /s/ Vaemond H. Crane
Vaemond H. Crane
President and
Chief Executive Officer
<PAGE>
EXHIBIT INDEX
Sequentially
Numbered
Page Number
(c) Exhibits
99.1 Press Release dated November 29, 1996 6
<PAGE>
Exhibit 99.1
<PAGE>
Catalyst International, Inc.
8989 North Deerwood Drive
Milwaukee, Wisconsin 53223
Phone: 414-362-6800
Fax: 414-377-6263
NEWS RELEASE
For Immediate Release: November 29, 1996
Contact: Lisa Sanregret, 414-362-6800
CATALYST INTERNATIONAL ANNOUNCES
AGREEMENT FOR REDEMPTION OF COMMON STOCK
Milwaukee, WI -- Catalyst International, Inc. (NASDAQ: CLYS),
today announced that it has entered into a definitive agreement
to redeem approximately 1.2 million shares of its Common Stock
from Summit Ventures III, LP. and Summit Investors II, L.P. of
Boston. During the past few months prior to this transaction,
Catalyst had purchased approximately 235,000 shares of its
Common Stock at prevailing market prices through a stock
repurchase program adopted by the Company's Board of Directors.
"We see the stock redemption at current prices as an excellent
opportunity to utilize cash to increase shareholder value." said
Vaemond Crane, President and CEO.
Catalyst International, Inc., headquartered in Milwaukee,
Wisconsin, was founded in 1979 to develop, market and support
warehouse management software solutions. Catalyst entered the
public market with an initial public offering in November, 1995.
The Company has offices in North America, South America and
Europe.
###
