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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 RZAOkLDK7Uh+3+nODpQVDA==

<SEC-DOCUMENT>0000912057-00-015678.txt : 20000403
<SEC-HEADER>0000912057-00-015678.hdr.sgml : 20000403
ACCESSION NUMBER:		0000912057-00-015678
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20000323
ITEM INFORMATION:		
ITEM INFORMATION:		
FILED AS OF DATE:		20000331

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ODS NETWORKS INC
		CENTRAL INDEX KEY:			0000736012
		STANDARD INDUSTRIAL CLASSIFICATION:	COMPUTER COMMUNICATIONS EQUIPMENT [3576]
		IRS NUMBER:				751911917
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		
		SEC FILE NUMBER:	000-20191
		FILM NUMBER:		591404

	BUSINESS ADDRESS:	
		STREET 1:		1101 E ARAPAHO ROAD
		CITY:			RICHARDSON
		STATE:			TX
		ZIP:			75081
		BUSINESS PHONE:		9722346400

	MAIL ADDRESS:	
		STREET 1:		1101 E ARAPAHO ROAD
		CITY:			RICHRICHARDSON
		STATE:			TX
		ZIP:			75081

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OPTICAL DATA SYSTEMS INC
		DATE OF NAME CHANGE:	19950517
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<DESCRIPTION>8-K
<TEXT>

<PAGE>

                       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):        March 23, 2000
                                                  -----------------------------


                               ODS NETWORKS, INC.
- --------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in Its Charter)


                                    Delaware
- --------------------------------------------------------------------------------
                 (State of Other Jurisdiction of Incorporation)



000-20191                                                   75-1911917
- --------------------------------------------------------------------------------
(Commission File Number)                                  (IRS Employer
                                                        Identification No.)



1101 East Arapaho Road, Richardson, Texas                               75081
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices)                              (Zip Code)


                                 (972) 234-6400
- --------------------------------------------------------------------------------
              (Registrant's Telephone Number, Including Area Code)


                                       N/A
- --------------------------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)



<PAGE>

ITEM 5.       OTHER EVENTS.

     On March 23, 2000, SAIC Venture Capital Corporation ("SAIC VCC") exercised
its warrant to purchase 750,000 shares of the Registrant's common stock for
$8.00 per share generating cash of $6 million. The warrant was issued to SAIC
VCC's parent, Science Applications International Corporation ("SAIC"), on
September 25, 1998 in conjunction with the acquisition by the Registrant of the
Computer Misuse Detection System and certain other intellectual property from
SAIC.

     The text of Registrant's press release announcing the exercise of the SAIC
warrant is attached hereto as Exhibit 99.1 and is incorporated herein by
reference.



ITEM 7.       FINANCIAL STATEMENTS AND EXHIBITS.

              (a)    FINANCIAL STATEMENTS OF BUSINESSES ACQUIRED: Not
                     applicable.

              (b)    PRO FORMA FINANCIAL INFORMATION. Not applicable.

              (c)    EXHIBITS.

                     99.1   Text of press release of the Registrant, dated March
                            28, 2000, announcing the warrant exercise.

<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.



                                            ODS NETWORKS, INC.



Dated:  March 31, 2000                      By:        /s/ Jay R. Widdig
                                               --------------------------------
                                                    Jay R. Widdig,
                                                    Chief Financial Officer

<PAGE>

                                  EXHIBIT INDEX


EXHIBIT NO.       DESCRIPTION OF EXHIBIT

99.1          Text of press release of the Registrant, dated March 28, 2000,
              announcing the warrant exercise.

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<DESCRIPTION>EXHIBIT 99.1
<TEXT>

<PAGE>

[LOGO]  ODS NETWORKS                                                NEWS RELEASE

- --------------------------------------------------------------------------------

                     ODS NETWORKS REPORTS INVESTMENT BY SAIC

         RICHARDSON, TEXAS - MARCH 28, 2000 - ODS Networks, Inc. (NASDAQ: ODSI)
today reported that Science Applications International Corporation (SAIC)
exercised its warrant to purchase 750,000 shares of ODS Networks common stock
for $8.00 per share. As a result of the exercise of the warrant, ODS Networks
received $6 million from SAIC. The warrant was issued to SAIC on September 25,
1998 in conjunction with the acquisition by ODS Networks of CMDS(TM) (Computer
Misuse Detection System) and certain other intellectual property from SAIC.

         SAIC now owns approximately 12% of ODS Networks outstanding common
stock. SAIC holds an additional warrant to purchase 750,000 shares of ODS
Networks common stock for $10.50 per share on or before September 25, 2000.

         "SAIC is a good corporate partner for ODS Networks and Intrusion.com,
our wholly owned subsidiary focused on the growing information security market"
stated G. Ward Paxton, President and CEO of ODS Networks. "The security
technology acquired from SAIC was a strong foundation from which we have
developed market leading security management software, a system for early
detection of Denial of Service (DoS) attacks, a unique behavior profiling tool
and a powerful intrusion detection system," stated Tim Kinnear, President and
CEO of Intrusion.com. "As a provider of integrated security solutions, SAIC is
also a reseller of Intrusion.com's SecureCom(TM) security appliances and Kane
Security(TM) software solutions."

ABOUT INTRUSION.COM, INC.

         Intrusion.com, Inc. is a wholly owned subsidiary of ODS Networks, Inc.
(NASDAQ: ODSI). Intrusion.com develops, markets and supports a suite of
information security software and security appliances. Intrusion.com helps
businesses and government entities to securely conduct e-commerce and protect
their information assets. Intrusion.com is headquartered in Richardson, Texas
and has more than 200 employees worldwide. More information about Intrusion.com,
Inc. is available at http://www.intrusion.com.

<PAGE>

ABOUT ODS NETWORKS, INC.

         ODS Networks, Inc. wholly owned subsidiary, Intrusion.com, Inc.,
provides "security solutions for a .com world." In addition, ODS Networks
develops, markets and supports high performance networking switches and network
interface cards. ODS Networks and its Essential Communications division help
organizations to solve their most demanding and complex networking challenges.
ODS Networks has provided reliable, high performance networking solutions to
government and commercial customers for over 16 years. More information about
ODS Networks is available at http://www.ods.com.


                                      # # #

ODS is a registered trademark and ODS Networks, Inc. CMDS, Intrusion.com, Kane
Security Monitor, Kane Security Analyst, and SecureCom are trademarks of ODS
Networks and will be transferred to Intrusion.com, Inc.

INVESTOR CONTACT FOR ODS NETWORKS AND INTRUSION.COM
Charleigh Shayne, Director, Investor Relations
972-664-8061, cshayne@intrusion.com

MEDIA CONTACT FOR INTRUSION.COM
Billy Austin, Vice President, Marketing
972-664-8040, baustin@intrusion.com

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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