As filed with the Securities and Exchange Commission on September 16, 1997
                              Registration No. 333-

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

                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   ----------

                                    FORM S-8

             REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

                                   ----------

                            Celerity Solutions, Inc.
             (Exact name of registrant as specified in its charter)

         Delaware                                               52-1283993
State or other jurisdiction of                              (I.R.S. Employer
incorporation of organization)                              Identification No.)


                           200 Baker Avenue, Suite 300
                                Concord, MA 01742
    (Address, Including Zip Code of Registrant's Principal Executive Offices)

                                   ----------

        Amended and Restated 1991 Non-Qualified Celerity Solutions, Inc.
                           Employee Stock Option Plan

            Amended and Restated 1992 Non-Qualified Stock Option Plan
                           For Non-Employee Directors
                              (Full Title of Plans)

                                   ----------


                                  Edward Terino
                             Chief Financial Officer
                            Celerity Solutions, Inc.
                           200 Baker Avenue, Suite 300
                                Concord, MA 01742
                                  978/287-5888

            (Name, address, including zip code, and telephone number,
                   including area code, of agent for service)


<PAGE>


                         Calculation of Registration Fee


                                     Proposed        Proposed
Title of                             Maximum         Maximum
Securities         Amount to         Offering        Aggregate         Amount of
to be              be Regis-         Price Per       Offering          Registra-
Registered (1)     tered             Share(2)        Price (2)         tion Fee
----------         -------------     ---------       ---------         --------

Common              2,684,000          $2.00         $6,039,000        $1,627.00
Stock, $.001         Shares
Par Value


(1) Pursuant to Rule 416(c) under the Securities Act of 1933, this  registration
statement also covers an indeterminate amount of interests to be offered or sold
pursuant to the employee benefit plan(s) described herein.

     (2) Pursuant to Rule 457 under the Securities Act of 1933, as amended,  the
proposed  maximum  offering price per share and the proposed  maximum  aggregate
offering price are estimated solely for purposes of calculating the registration
fee and are based  upon the  average  of the high and low  prices of the  Common
Stock of the  Registrant on the NASDAQ  National  Market System on September 15,
1997.


<PAGE>


                             Registration of Shares

     Pursuant to general instruction E of Form S-8, this registration  statement
incorporates by reference the contents of Celerity  Solutions,  Inc.'s (formerly
known as  Capitol  Multimedia,  Inc.)  (the  "Company's")  earlier  Registration
Statements on Form S-8, as filed with the Securities and Exchange  Commission on
April 1, 1993  (Registration  No.  33-60440) and May 2, 1996  (Registration  No.
333-4360), and all Post-Effective Amendments thereto..

     On August 22, 1996, the Company's  shareholders  approved an increased from
616,000 to  1,500,000  shares of common  stock  issuable  under the  Amended and
Restated 1991 Non-Qualified Employee Stock Option Plan (the "Employee Plan"). On
August 21, 1997, the Company's  shareholders approved an increase from 1,500,000
to 3,000,000  shares of common stock  issuable  under the Employee  Plan, and an
increase in the number of shares of common stock  authorized  to be issued under
the Amended and Restated 1992  Non-Qualified  Stock Option Plan for Non-Employee
Directors (the "Director Plan") from 300,000 to 600,000.  Pursuant to one of the
Company's  earlier  Registration   Statements  on  Form  S-8  (Registration  No.
333-4360), the number of shares registered under the Employee Plan was increased
from 216,000 to 616,000,  and the number of shares registered under the Director
Plan was increased from 100,000 to 300,000.

     The total  number of shares  registered  hereunder is derived by adding the
additional shares registered hereby under the Employee Plan,  2,384,000,  to the
additional shares registered hereby under the Director Plan, 300,000.


Item 8. Exhibits

Exhibit
Number            Description

3.1       Certificate of  Incorporation,  as amended  (incorporated by reference
          herein to Exhibit  3.1 filed  with the  Company's  Form 8-K,  filed on
          September 5, 1997).

3.2       Bylaws of the Company (incorporated by reference to Exhibit 3.2 to the
          Company's  Registration  Statement  on  Form  S-18,  Registration  No.
          33-45725A filed on February 12, 1992).

4.1       Specimen stock  certificate - Common Stock  (incorporated by reference
          herein on Exhibit 4.1 filed with the Company's  Registration Statement
          on Form S-18, Registration No. 33-45725A filed on February 12, 1992).

4.2       Amended and  Restated  1991  Non-Qualified  Celerity  Solutions,  Inc.
          Employee Stock Option Plan  (incorporated  by reference  herein to the
          exhibit  filed with the  Company's  Form 8-K,  filed on  September  5,
          1997).

4.3       Amended  and  Restated  1992  Non-Qualified   Stock  Option  Plan  for
          Non-Employee  Directors  (incorporated  by  reference  herein  to  the
          exhibit  filed with the  Company's  Form 8-K,  filed on  September  5,
          1997).

5.1       Opinion of Baker & McKenzie.


<PAGE>


23.1      Consent of Baker & McKenzie (contained in Exhibit 5.1).

23.2      Consent of Ernst & Young LLP, independent auditors.

99.1      Form of Indemnification  Agreement as signed by directors and officers
          of the Company  (incorporated by reference herein to the exhibit filed
          with the Company's Form 10-QSB dated June 30, 1993).



<PAGE>


     SIGNATURES

     Pursuant to the  requirements of the Securities Act of 1933, the registrant
certifies  that it has  reasonable  grounds to believe  that it meets all of the
requirements  for  filing  on Form S-8 and has  duly  caused  this  Registration
Statement  to be  signed  on its  behalf  by  the  undersigned,  thereunto  duly
authorized,  in the City of Concord, State of Massachusetts,  on the 10th day of
September, 1997. CELERITY SOLUTIONS, INC.

                                                      By: /s/ Edward Terino
                                                      --------------------------
                                                      Edward Terino
                                                      Chief Financial Officer

                                POWER OF ATTORNEY

     KNOW ALL MEN BY THESE PRESENTS,  that each person whose  signature  appears
below hereby  constitutes and appoints Edward Terino, his or her true and lawful
attorney-in-fact  and agent with full power of substitution and  resubstitution,
for  him or her  and in his or her  name,  place,  and  stead,  in any  and  all
capacities to sign any and all amendments (including post-effective  amendments)
or supplements  to this  Registration  Statement and to file the same,  with all
exhibits  thereto  and  other  documents  in  connection  therewith,   with  the
Securities  and Exchange  Commission,  granting unto said  attorney-in-fact  and
agent full power and  authority  to do and perform  each and every act and thing
necessary or appropriate to be done in and about the foregoing,  as fully to all
intents and  purposes as he or she might or could do in person,  lawfully do, or
cause to be done by virtue hereof.

     Pursuant  to  the   requirements  of  the  Securities  Act  of  1933,  this
Registration  Statement  has  been  signed  by  the  following  persons  in  the
capacities and on the dates indicated.

Signature                             Title                           Date
---------                             -----                           ----

/s/ Robert Donaldson                Director                  September 10, 1997
-----------------------
Robert Donaldson

/s/ Luda Kopeikina                  President                 September 10, 1997
-----------------------
Luda Kopeikina

/s/ Nico B.M. Letschert             Director                  September 10, 1997
-----------------------
Nico B.M. Letschert

/s/ Igor Razboff                    Director                  September 10, 1997
-----------------------
Igor Razboff

/s/ Philip Redmond                  Director                  September 10, 1997
-----------------------
Philip R. Redmond

/s/ Richard Santagati               Director                  September 10, 1997
-----------------------
Richard Santagati

/s/ Alan White                      Director                  September 10, 1997
-----------------------
Alan White


<PAGE>


                                  EXHIBIT INDEX


Exhibit
Number                               Exhibit

3.1       Certificate of  Incorporation,  as amended  (incorporated by reference
          herein to Exhibit  3.1 filed  with the  Company's  Form 8-K,  filed on
          September 5, 1997).

3.2       Bylaws of the Company (incorporated by reference to Exhibit 3.2 to the
          Company's  Registration  Statement  on  Form  S-18,  Registration  No.
          33-45725A, filed on February 12, 1992).

4.1       Specimen stock  certificate - Common Stock  (incorporated by reference
          herein as Exhibit 4.1 to the Company's  Registration Statement
          on Form S-18, Registration No. 33-45725A, filed on February 12, 1992).

4.2       Amended and  Restated  1991  Non-Qualified  Celerity  Solutions,  Inc.
          Employee Stock Option Plan  (incorporated  by reference  herein to the
          exhibit  filed with the  Company's  Form 8-K,  filed on  September  5,
          1997).

4.3       Amended  and  Restated  1992  Non-Qualified   Stock  Option  Plan  for
          Non-Employee  Directors  (incorporated  by  reference  herein  to  the
          exhibit  filed with the  Company's  Form 8-K,  filed on  September  5,
          1997).

5.1       Opinion of Baker & McKenzie.

23.1      Consent of Baker & McKenzie (contained in Exhibit 5.1).

23.2      Consent of Ernst & Young LLP, independent auditors.

99.1      Form of Indemnification  Agreement as signed by directors and officers
          of the Company  (incorporated by reference herein to the exhibit filed
          with the Company's Form 10-QSB dated June 30, 1993).
[{"type": "S-8", "sequence": "1", "description": "REGISTRATION STATEMENT", "secsgml_size_bytes": 11144}]
{"company-data": {"conformed-name": "CELERITY SOLUTIONS INC", "cik": "0000884142", "assigned-sic": "7372", "irs-number": "521283993", "state-of-incorporation": "DE", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-35743", "film-number": "97681331"}, "business-address": {"street1": "200 BAKER AVENUE", "street2": "SUITE 300", "city": "CONCORD", "state": "MA", "zip": "01742", "phone": "5082875888"}, "mail-address": {"street1": "200 BAKER AVENUE", "street2": "SUITE 300", "city": "CONCORD", "state": "MA", "zip": "01742"}, "former-company": {"former-conformed-name": "CAPITOL MULTIMEDIA INC /DE/", "date-changed": "19930328"}}
As filed with the Securities and Exchange Commission on September 16, 1997
                              Registration No. 333-

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

                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   ----------

                                    FORM S-8

             REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

                                   ----------

                            Celerity Solutions, Inc.
             (Exact name of registrant as specified in its charter)

         Delaware                                               52-1283993
State or other jurisdiction of                              (I.R.S. Employer
incorporation of organization)                              Identification No.)

                           200 Baker Avenue, Suite 300
                                Concord, MA 01742
    (Address, Including Zip Code of Registrant's Principal Executive Offices)

                                   ----------

        Amended and Restated 1991 Non-Qualified Celerity Solutions, Inc.
                           Employee Stock Option Plan

            Amended and Restated 1992 Non-Qualified Stock Option Plan
                           For Non-Employee Directors
                              (Full Title of Plans)

                                   ----------

                                  Edward Terino
                             Chief Financial Officer
                            Celerity Solutions, Inc.
                           200 Baker Avenue, Suite 300
                                Concord, MA 01742
                                  978/287-5888

            (Name, address, including zip code, and telephone number,
                   including area code, of agent for service)
Calculation of Registration Fee

                                     Proposed        Proposed
Title of                             Maximum         Maximum
Securities         Amount to         Offering        Aggregate         Amount of
to be              be Regis-         Price Per       Offering          Registra-
Registered (1)     tered             Share(2)        Price (2)         tion Fee
----------         -------------     ---------       ---------         --------

Common              2,684,000          $2.00         $6,039,000        $1,627.00
Stock, $.001         Shares
Par Value

(1) Pursuant to Rule 416(c) under the Securities Act of 1933, this  registration
statement also covers an indeterminate amount of interests to be offered or sold
pursuant to the employee benefit plan(s) described herein.

     (2) Pursuant to Rule 457 under the Securities Act of 1933, as amended,  the
proposed  maximum  offering price per share and the proposed  maximum  aggregate
offering price are estimated solely for purposes of calculating the registration
fee and are based  upon the  average  of the high and low  prices of the  Common
Stock of the  Registrant on the NASDAQ  National  Market System on September 15,
1997.
Registration of Shares

     Pursuant to general instruction E of Form S-8, this registration  statement
incorporates by reference the contents of Celerity  Solutions,  Inc.'s (formerly
known as  Capitol  Multimedia,  Inc.)  (the  "Company's")  earlier  Registration
Statements on Form S-8, as filed with the Securities and Exchange  Commission on
April 1, 1993  (Registration  No.  33-60440) and May 2, 1996  (Registration  No.
333-4360), and all Post-Effective Amendments thereto..

     On August 22, 1996, the Company's  shareholders  approved an increased from
616,000 to  1,500,000  shares of common  stock  issuable  under the  Amended and
Restated 1991 Non-Qualified Employee Stock Option Plan (the "Employee Plan"). On
August 21, 1997, the Company's  shareholders approved an increase from 1,500,000
to 3,000,000  shares of common stock  issuable  under the Employee  Plan, and an
increase in the number of shares of common stock  authorized  to be issued under
the Amended and Restated 1992  Non-Qualified  Stock Option Plan for Non-Employee
Directors (the "Director Plan") from 300,000 to 600,000.  Pursuant to one of the
Company's  earlier  Registration   Statements  on  Form  S-8  (Registration  No.
333-4360), the number of shares registered under the Employee Plan was increased
from 216,000 to 616,000,  and the number of shares registered under the Director
Plan was increased from 100,000 to 300,000.

     The total  number of shares  registered  hereunder is derived by adding the
additional shares registered hereby under the Employee Plan,  2,384,000,  to the
additional shares registered hereby under the Director Plan, 300,000.

Item 8. Exhibits

Exhibit
Number            Description

3.1       Certificate of  Incorporation,  as amended  (incorporated by reference
          herein to Exhibit  3.1 filed  with the  Company's  Form 8-K,  filed on
          September 5, 1997).

3.2       Bylaws of the Company (incorporated by reference to Exhibit 3.2 to the
          Company's  Registration  Statement  on  Form  S-18,  Registration  No.
          33-45725A filed on February 12, 1992).

4.1       Specimen stock  certificate - Common Stock  (incorporated by reference
          herein on Exhibit 4.1 filed with the Company's  Registration Statement
          on Form S-18, Registration No. 33-45725A filed on February 12, 1992).

4.2       Amended and  Restated  1991  Non-Qualified  Celerity  Solutions,  Inc.
          Employee Stock Option Plan  (incorporated  by reference  herein to the
          exhibit  filed with the  Company's  Form 8-K,  filed on  September  5,
          1997).

4.3       Amended  and  Restated  1992  Non-Qualified   Stock  Option  Plan  for
          Non-Employee  Directors  (incorporated  by  reference  herein  to  the
          exhibit  filed with the  Company's  Form 8-K,  filed on  September  5,
          1997).

5.1       Opinion of Baker & McKenzie.
23.1      Consent of Baker & McKenzie (contained in Exhibit 5.1).

23.2      Consent of Ernst & Young LLP, independent auditors.

99.1      Form of Indemnification  Agreement as signed by directors and officers
          of the Company  (incorporated by reference herein to the exhibit filed
          with the Company's Form 10-QSB dated June 30, 1993).
SIGNATURES

     Pursuant to the  requirements of the Securities Act of 1933, the registrant
certifies  that it has  reasonable  grounds to believe  that it meets all of the
requirements  for  filing  on Form S-8 and has  duly  caused  this  Registration
Statement  to be  signed  on its  behalf  by  the  undersigned,  thereunto  duly
authorized,  in the City of Concord, State of Massachusetts,  on the 10th day of
September, 1997. CELERITY SOLUTIONS, INC.

                                                      By: /s/ Edward Terino
                                                      --------------------------
                                                      Edward Terino
                                                      Chief Financial Officer

                                POWER OF ATTORNEY

     KNOW ALL MEN BY THESE PRESENTS,  that each person whose  signature  appears
below hereby  constitutes and appoints Edward Terino, his or her true and lawful
attorney-in-fact  and agent with full power of substitution and  resubstitution,
for  him or her  and in his or her  name,  place,  and  stead,  in any  and  all
capacities to sign any and all amendments (including post-effective  amendments)
or supplements  to this  Registration  Statement and to file the same,  with all
exhibits  thereto  and  other  documents  in  connection  therewith,   with  the
Securities  and Exchange  Commission,  granting unto said  attorney-in-fact  and
agent full power and  authority  to do and perform  each and every act and thing
necessary or appropriate to be done in and about the foregoing,  as fully to all
intents and  purposes as he or she might or could do in person,  lawfully do, or
cause to be done by virtue hereof.

     Pursuant  to  the   requirements  of  the  Securities  Act  of  1933,  this
Registration  Statement  has  been  signed  by  the  following  persons  in  the
capacities and on the dates indicated.

Signature                             Title                           Date
---------                             -----                           ----

/s/ Robert Donaldson                Director                  September 10, 1997
-----------------------
Robert Donaldson

/s/ Luda Kopeikina                  President                 September 10, 1997
-----------------------
Luda Kopeikina

/s/ Nico B.M. Letschert             Director                  September 10, 1997
-----------------------
Nico B.M. Letschert

/s/ Igor Razboff                    Director                  September 10, 1997
-----------------------
Igor Razboff

/s/ Philip Redmond                  Director                  September 10, 1997
-----------------------
Philip R. Redmond

/s/ Richard Santagati               Director                  September 10, 1997
-----------------------
Richard Santagati

/s/ Alan White                      Director                  September 10, 1997
-----------------------
Alan White
EXHIBIT INDEX

Exhibit
Number                               Exhibit

3.1       Certificate of  Incorporation,  as amended  (incorporated by reference
          herein to Exhibit  3.1 filed  with the  Company's  Form 8-K,  filed on
          September 5, 1997).

3.2       Bylaws of the Company (incorporated by reference to Exhibit 3.2 to the
          Company's  Registration  Statement  on  Form  S-18,  Registration  No.
          33-45725A, filed on February 12, 1992).

4.1       Specimen stock  certificate - Common Stock  (incorporated by reference
          herein as Exhibit 4.1 to the Company's  Registration Statement
          on Form S-18, Registration No. 33-45725A, filed on February 12, 1992).

4.2       Amended and  Restated  1991  Non-Qualified  Celerity  Solutions,  Inc.
          Employee Stock Option Plan  (incorporated  by reference  herein to the
          exhibit  filed with the  Company's  Form 8-K,  filed on  September  5,
          1997).

4.3       Amended  and  Restated  1992  Non-Qualified   Stock  Option  Plan  for
          Non-Employee  Directors  (incorporated  by  reference  herein  to  the
          exhibit  filed with the  Company's  Form 8-K,  filed on  September  5,
          1997).

5.1       Opinion of Baker & McKenzie.

23.1      Consent of Baker & McKenzie (contained in Exhibit 5.1).

23.2      Consent of Ernst & Young LLP, independent auditors.

99.1      Form of Indemnification  Agreement as signed by directors and officers
          of the Company  (incorporated by reference herein to the exhibit filed
          with the Company's Form 10-QSB dated June 30, 1993).