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 24, 1998


                        SIEMANN EDUCATIONAL SYSTEMS, INC.
              ----------------------------------------------------
             (Exact name of registrant as specified in its charter)



         Colorado                      33-18174                 84-1067172
         --------                      --------                 ----------
(State or other jurisdiction         (Commission              (IRS Employer
    of incorporation)                File Number)              I.D. Number)


                     405 South Platte River Drive, Suite 3A
                             Denver, Colorado 80203
                     --------------------------------------
                    (Address of principal executive offices)


Registrant's telephone number, including area code:  (303) 733-9673
                                                     --------------



                                       N/A
          ------------------------------------------------------------
         (Former name and former address, if changed since last report)


<PAGE>



ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.

     On March 24, 1998, the Registrant  acquired all of the Common Stock of Data
Processing  Trainers  Co.,  a  Pennsylvania   corporation  ("DPT"),   from  Yuri
Schneiberg  ("Schneiberg"),  DPT's  sole  stockholder.  The  purchase  price was
$8,890,000,  consisting  of  $3,800,000  in cash, a  promissory  note payable to
Schneiberg in the amount of $4,340,000  bearing interest at 7% per annum payable
in  installments  through April 15, 2000,  and the remaining  $750,000 in Common
Stock of the Registrant valued as of March 24, 1999.

     DPT  provides  post-secondary  education,  computer  programming,  business
computer  applications,  medical office  administration  and English as a second
language.

     The  promissory  note  issued  to  Schneiberg  was  secured  by a  security
agreement and financing statement covering all of the shares of DPT purchased by
the  Registrant,  together  with a  security  agreement  covering  all of  DPT's
accounts receivable,  contract rights,  chattel paper,  instruments,  documents,
inventory,  equipment,  general intangibles,  copyrights,  patents,  trademarks,
trade names,  accessions to,  substitutions for and  replacements,  products and
proceeds  of the  foregoing  and  books  and  records  pertaining  to all of the
foregoing.

     In order to finance the  $3,800,000  cash portion of the purchase price and
certain  operating  expenses,  the Registrant  borrowed  $2,900,000 from Hanifen
Imhoff  Mezzanine Fund, LP  ("Hanifen"),  evidenced by a promissory note in like
amount due March 24, 2003. As additional consideration for the loan, the Company
issued to Hanifen a common  stock  purchase  warrant to purchase up to 1,268,486
shares  of the  Registrant's  Common  Stock for a total  purchase  price of $100
exercisable  at any time until March 24,  2003.  The  Registrant  also  borrowed
$2,000,000  from Paul T. Siemann,  its Chief Executive  Officer,  evidenced by a
promissory  note in like amount due March 25, 2003. As additional  consideration
for the loan,  the  Registrant  issued to Mr.  Siemann a common  stock  purchase
warrant to purchase 732,360 shares of the Registrant's  Common Stock for a total
purchase price of $100  exercisable at any time until March 25, 2003. The common
stock  purchase  warrant  issued to Hanifen and to Mr.  Siemann carry  customary
piggyback registration rights.


ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.

     (a)  (1) The Registrant will provide the financial  statements  required in
          connection  with the  transaction set forth in Item 2 hereof within 60
          days from the date hereof.

     (b)  Exhibits:

          10.01  Stock Purchase  Agreement and Exhibits  thereto
          10.02  Promissory Note and  Warrant  issued  to Mr.  Siemann
          10.03  Note and Security Agreement and Exhibits thereto issued to
                    Hanifen Imhoff Mezzanine Fund, LP



<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.

                                             SIEMANN EDUCATIONAL SYSTEMS, INC.
                                             (Registrant)

                                             By  /s/ Paul T. Siemann
                                                 -------------------------------
                                                 Paul T. Siemann
                                                 Chief Executive Officer
Dated: April 7, 1998
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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):
                                 March 24, 1998

                        SIEMANN EDUCATIONAL SYSTEMS, INC.
              ----------------------------------------------------
             (Exact name of registrant as specified in its charter)

         Colorado                      33-18174                 84-1067172
         --------                      --------                 ----------
(State or other jurisdiction         (Commission              (IRS Employer
    of incorporation)                File Number)              I.D. Number)

                     405 South Platte River Drive, Suite 3A
                             Denver, Colorado 80203
                     --------------------------------------
                    (Address of principal executive offices)

Registrant's telephone number, including area code:  (303) 733-9673
                                                     --------------

                                       N/A
          ------------------------------------------------------------
         (Former name and former address, if changed since last report)
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.

     On March 24, 1998, the Registrant  acquired all of the Common Stock of Data
Processing  Trainers  Co.,  a  Pennsylvania   corporation  ("DPT"),   from  Yuri
Schneiberg  ("Schneiberg"),  DPT's  sole  stockholder.  The  purchase  price was
$8,890,000,  consisting  of  $3,800,000  in cash, a  promissory  note payable to
Schneiberg in the amount of $4,340,000  bearing interest at 7% per annum payable
in  installments  through April 15, 2000,  and the remaining  $750,000 in Common
Stock of the Registrant valued as of March 24, 1999.

     DPT  provides  post-secondary  education,  computer  programming,  business
computer  applications,  medical office  administration  and English as a second
language.

     The  promissory  note  issued  to  Schneiberg  was  secured  by a  security
agreement and financing statement covering all of the shares of DPT purchased by
the  Registrant,  together  with a  security  agreement  covering  all of  DPT's
accounts receivable,  contract rights,  chattel paper,  instruments,  documents,
inventory,  equipment,  general intangibles,  copyrights,  patents,  trademarks,
trade names,  accessions to,  substitutions for and  replacements,  products and
proceeds  of the  foregoing  and  books  and  records  pertaining  to all of the
foregoing.

     In order to finance the  $3,800,000  cash portion of the purchase price and
certain  operating  expenses,  the Registrant  borrowed  $2,900,000 from Hanifen
Imhoff  Mezzanine Fund, LP  ("Hanifen"),  evidenced by a promissory note in like
amount due March 24, 2003. As additional consideration for the loan, the Company
issued to Hanifen a common  stock  purchase  warrant to purchase up to 1,268,486
shares  of the  Registrant's  Common  Stock for a total  purchase  price of $100
exercisable  at any time until March 24,  2003.  The  Registrant  also  borrowed
$2,000,000  from Paul T. Siemann,  its Chief Executive  Officer,  evidenced by a
promissory  note in like amount due March 25, 2003. As additional  consideration
for the loan,  the  Registrant  issued to Mr.  Siemann a common  stock  purchase
warrant to purchase 732,360 shares of the Registrant's  Common Stock for a total
purchase price of $100  exercisable at any time until March 25, 2003. The common
stock  purchase  warrant  issued to Hanifen and to Mr.  Siemann carry  customary
piggyback registration rights.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.

     (a)  (1) The Registrant will provide the financial  statements  required in
          connection  with the  transaction set forth in Item 2 hereof within 60
          days from the date hereof.

     (b)  Exhibits:

          10.01  Stock Purchase  Agreement and Exhibits  thereto
          10.02  Promissory Note and  Warrant  issued  to Mr.  Siemann
          10.03  Note and Security Agreement and Exhibits thereto issued to
                    Hanifen Imhoff Mezzanine Fund, LP
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.

                                             SIEMANN EDUCATIONAL SYSTEMS, INC.
                                             (Registrant)

                                             By  /s/ Paul T. Siemann
                                                 -------------------------------
                                                 Paul T. Siemann
                                                 Chief Executive Officer
Dated: April 7, 1998