United States
                       Securities and Exchange Commission
                             Washington, D.C. 20549


FORM 10-QSB


(Mark One)

[x] Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934 For the Quarterly Period ended December 31, 1999

                                       or

[ ] Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934 For the transition period from      to
                                          -----    -----

Commission file number 0-28920



                      Access Solutions International, Inc.
                      ------------------------------------
        (Exact name of small business issuer as specified in its charter)


          Delaware                                          05-0426298
(State or other jurisdiction of                          (I.R.S. Employer
incorporation or organization)                          Identification No.)

                                650 Ten Rod Road
                            North Kingstown, RI 02852
                            -------------------------
                    (Address of principal executive offices)

                                 (401) 295-2691
                                 --------------
                            (Issuer'telephone number)

Check  whether  the issuer  (1) has filed all  reports  required  to be filed by
Section 13 or 15(d) of the  Securities  Exchange  Act of 1934 during the past 12
months (or for such  shorter  period  that the issuer was  required to file such
reports),  and (2) has been subject to such filing  requirements for the past 90
days. Yes X No

The number of shares of the issuer's Common Stock,  $.0l par value,  outstanding
as of September 30, 2000 was 3,963,940.

                                       1
PAGE

                      Access Solutions International, Inc.

                                      INDEX


PART I.      FINANCIAL INFORMATION                                          PAGE

Item 1.      Financial Statements

             Condensed   balance sheets--December 31, 1999 (unaudited)
             and June 30, 1999                                                 3

             Condensed  (unaudited) statements of operations --Three
             months and six months ended  December 31, 1999 and 1998           5

             Condensed  (unaudited)  statements of cash flows -- Six
             months ended December 31, 1999 and 1998                           6

             Notes to unaudited condensed financial
             statements                                                        7

Item 2.      Management's Discussion and Analysis of Financial
             Condition and Results of Operations                               8

Part II.     OTHER INFORMATION

Item 6.      Exhibits and Reports on Form 8-K                                 14

Signatures                                                                    15

                                       2
PAGE

                      Access Solutions International, Inc.

                         PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements


                      Access Solutions International, Inc.
                            Condensed Balance Sheets


<TABLE>
<CAPTION>

                                                            December 31,      June 30,
                                                                1999            1999
                                                            (Unaudited)
<S>                                                         <C>             <C>
Assets
Current assets:
    Cash and cash equivalents                               $     69,553    $     83,402
    Trade accounts receivable, net of allowance for
         doubtful accounts of $13,167.                           327,203         141,930
    Inventories                                                   25,196          25,000
    Prepaid expenses and other current assets                     79,373          71,099
                                                            ------------    ------------
       Total current assets                                      501,325         321,431

Fixed assets, net                                                 86,498         114,601

Other assets:
       Deposits and other assets                                  19,565          25,605
                                                            ------------    ------------
Total assets                                                $    607,388    $    461,637
                                                            ============    ============
</TABLE>



             See notes to unaudited condensed financial statements.

                                       3
PAGE

                      Access Solutions International, Inc.
                            Condensed Balance Sheets
<TABLE>
<CAPTION>


                                                            December 31,      June 30,
                                                                1999            1999
                                                            (Unaudited)
<S>                                                         <C>                 <C>
Liabilities and stockholders' deficit
Current liabilities:
    Accounts payable                                        $    657,732        $631,361
    Accrued salaries and wages                                   131,416         125,235
    Accrued expenses                                             117,227         430,168
    Deferred revenue-prepaid service contracts                   550,416         504,042
                                                            ------------    ------------
         Total current liabilities                             1,456,791       1,690,806

Notes payable                                                  1,200,772         788,938

         Total liabilities                                     2,657,563       2,479,744
                                                            ------------    ------------
Stockholders' equity:
    Common Stock, $.01 par value, 13,000,000
      shares authorized, 3,965,199 shares issued                  39,652          39,652
    Additional paid-in capital                                17,637,694      17,637,694
    Accumulated deficit                                      (19,709,465)    (19,677,397)
                                                            ------------    ------------
                                                              (2,032,119)     (2,000,051)
    Treasury stock, at cost (1,259 shares)                       (18,056)        (18,056)
                                                            ------------    ------------
         Total stockholders' equity                           (2,050,175)     (2,018,107)
                                                            ------------    ------------
         Total liabilities and stockholders' equity         $    607,388    $    461,637
                                                            ============    ============
</TABLE>



Note: The balance sheet at June 30, 1999 has been derived from the audited
financial statements at that date but does not include all of the information
and footnotes required by generally accepted accounting principles for complete
financial statements.


             See notes to unaudited condensed financial statements.

                                       4
PAGE

                      Access Solutions International, Inc.
                 Condensed Statements of Operations (Unaudited)
<TABLE>
<CAPTION>


                                                      For the Three Months        For the Six Months
                                                       Ended December 31,          Ended December 31,
                                                       1999          1998          1999         1998
                                                    ------------  ------------  ------------  ----------
<S>                                                 <C>           <C>           <C>           <C>
Net sales:
    Products                                        $     65,303  $     16,785  $     87,344  $    42,166
    Services                                             188,177       206,417       392,097      395,614
                                                    ------------  ------------  ------------  -----------
           Total net sales                               253,480       223,202       479,441      437,780
                                                    ------------  ------------  ------------  -----------
 Cost of sales:
    Products                                               5,321        10,596        11,054       24,277
    Services                                              47,013        60,547       104,441      122,937
                                                    ------------  ------------  ------------  -----------
           Total cost of sales                            52,334        71,143       115,495      147,214
                                                    ------------  ------------  ------------  -----------
Gross profit                                             201,146       152,059       363,947      290,566
                                                    ------------  ------------  ------------  -----------
Operating expenses:
    General and administrative expense                   117,721       147,919       205,929      314,005
    Research and development expense                      28,906        30,430        50,245       75,546
    Selling expense                                       38,457        47,840        76,774       94,792
                                                    ------------  ------------  ------------  -----------
           Total operating expenses                      185,084       226,189       332,949      484,343
                                                    ------------  ------------  ------------  -----------
           Profit/(loss) from operations                  16,062       (74,130)       30,998     (193,777)
                                                    ------------  ------------  ------------  -----------
Other income and expense:
    Interest and other income                                (15)         (156)          (59)      (2,335)
    Interest expense                                      31,561        31,561        63,122       63,234
    Other expense                                          - -            --            --        138,981
                                                    ------------  ------------  ------------  -----------
Total other income/(expense)                              31,546        31,405        63,063      199,880
                                                    ------------  ------------  ------------  -----------
Net loss                                                 (15,484)     (105,535)      (32,065)    (393,657)

Net Loss per common share                                 (0.004)        (0.03)        (0.01)       (0.10)
Weighted average number of
common shares                                          3,963,940         --        3,963,940         --
</TABLE>



             See notes to unaudited condensed financial statements.

                                       5
PAGE

                      Access Solutions International, Inc.
                       Condensed Statements of Cash Flows
                      For the Six Months Ended December 31,
                                   (Unaudited)
<TABLE>
<CAPTION>

                                                                1999            1998
                                                            ------------    ------------
<S>                                                         <C>             <C>
Cash flows from operating activities
    Net loss                                                $    (32,065)   $   (393,657)
                                                            ------------    ------------
Adjustments to reconcile net loss to net cash used by
      operating activities:
        Depreciation and amortization                             38,345          90,220
Provision for doubtful accounts                                   (8,400)        (21,946)
        Changes in assets and liabilities:
        (Increase) decrease in:
         Trade accounts receivable                              (176,873)        (52,096)
         Inventories                                                (196)         11,171
         Prepaid expenses and other current assets               (12,040)        (31,249)
         Deposits and other assets                                  --             1,850
      Increase (decrease) in:
         Accounts payable                                         26,371        (150,036)
         Accrued expenses                                       (306,763)        136,349
      Deferred revenue - prepaid service contracts                46,373         189,252
                                                            ------------    ------------
NET Cash flows from operating activities                        (425,248)       (220,142)
                                                            ------------    ------------
Cash flows from investing activities
    (Additions) /Disposition to fixed assets                        (435)        59,524
    Loans and advances to PaperClip                                 --          (138,981)
    Loans and advances to PaperClip                                 --         (138,981)
                                                            ------------    -----------
Net Cash (used for)/provided by investing activities                (435)         59,524
                                                            ------------    ------------
Cash flows from financing activities
    Patent litigation loan addendum
     (see General & Administrative Expenses)                     411,834            --
    Repayments on capital lease obligations                         --           (6,716)
                           ---------------------            ------------    ------------
Net Cash provided by/(Used for) financing activities             411,834          (6,716)

Net decrease in cash                                             (13,849)       (167,335)

Cash and Cash equivalents, beginning of period                    83,402         238,459
                                                            ------------    ------------
Cash and cash equivalents, end of PERIOD                    $     69,553    $     71,125
                                                            ============    ============
</TABLE>



             See notes to unaudited condensed financial statements.

                                       6
PAGE

                      Access Solutions International, Inc.
                Notes to Unaudited Condensed Financial Statements

1. Basis of Presentation

The accompanying  unaudited condensed financial statements have been prepared in
accordance with generally accepted  accounting  principles for interim financial
information  and with the  instructions  to Form  10-QSB  and  Article  10-01 of
Regulation  S-B.  Accordingly,  they do not include all of the  information  and
footnotes  required  by  generally  accepted  accounting  principles  for annual
financial statements. In the opinion of management,  all adjustments (consisting
of normal recurring accruals)  considered necessary for a fair presentation have
been  included.  Operating  results  for the three  months and six months  ended
December  31, 1999 are not  necessarily  indicative  of the results  that may be
expected for the year ended June 30, 2000. For further information, refer to the
financial  statements  and footnotes  thereto  included in the Access  Solutions
International, Inc. Form 10-KSB for the period ended June 30, 1998.

2. PaperClip  Merger and Management Agreements

On April 15, 1997, ASI and PaperClip Software,  Inc.  ("PaperClip") entered into
an Asset Purchase Agreement for ASI to acquire  substantially all the assets and
liabilities of PaperClip (the "Agreement"). On September 12, 1997, the agreement
was amended (the "Amended  Agreement") to change the acquisition to a merger. As
a result of this  amendment,  a newly formed  subsidiary  of ASI will merge into
PaperClip  with  PaperClip  surviving  as a  subsidiary  of ASI (the  "Merger").
Consummation of this  transaction was subject to various  conditions,  including
approval  by  the  PaperClip  stockholders.  Under  the  terms  of  the  Amended
Agreement,  the  PaperClip  stockholders  would have been entitled to receive an
aggregate  of  approximately  1.5 million  shares of ASI's  Common Stock plus an
equivalent  number of ASI Class B  Warrants.  Each  Class B Warrant  would  have
entitled  the holder to  purchase  one share of ASI Common  Stock at an exercise
price of $6.00  per  share.  In  connection  with the  Merger,  the  holders  of
PaperClip's  outstanding 12% Convertible  Notes due December 1999 would exchange
such  notes for an  aggregate  of  approximately  400,000  shares of  non-voting
redeemable  preferred  stock of PaperClip.  After 18 months,  the holders of the
preferred  stock would have the option to require the surviving  corporation  or
ASI to purchase  such shares for cash or ASI common  stock and Class B Warrants.
After 30 months, ASI would have the right to redeem the Preferred Stock for cash
or ASI Common Stock and Class B Warrants.

On  April  14,  1998,  ASI,  Access   Solutions  and  PaperClip   Software  Inc.
(OCCBB:PCLP)  agreed  to extend  the date for the  consummation  of  PaperClip's
previously announced merger with and into a newly formed wholly-owned subsidiary
of Access Solutions.  Pursuant to the terms of the merger agreement,  completion
of the  merger  transaction  was  subject  to certain  conditions,  including  a
financing contingency.  Because the financing contingency was not satisfied, the
merger transaction was not consummated,  and the merger agreement was amended to
allow more time for the  financing  condition  to be  satisfied.  The  agreement
called for an  extension  to August 24,  1998.  On August 24,  1998,  the merger
agreement was  terminated.  In  connection  with the  termination  of the merger
agreement,  the Company wrote off all merger costs  incurred  through June 1998.
Costs relating to the discontinued acquisition incurred after June 30, 1998 were
expensed in the quarter ended September 30, 1998.

                                       7
PAGE

ITEM 2. Management's  Discussion and Analysis of Financial Condition and Results
of Operations Overview

The Company's sales consist of sales of products and services.  Products sold by
the Company consist of COLD systems, software and hardware including replacement
disk drives,  subassemblies and miscellaneous peripherals.  Services rendered by
the Company  include  post-installation  maintenance  and  support.  The Company
recognizes  revenue from customers upon installation of COLD systems and, in the
case of COLD systems installed for evaluation, upon acceptance by such customers
of the products. The Company sells extended service contracts on the majority of
the products it sells.  Such  contracts  are one year in duration  with payments
received  either  annually  in advance of the  commencement  of the  contract or
quarterly in advance. The Company recognizes revenue from service contracts on a
straight-line  basis over the term of the contract.  The unearned portion of the
service revenue is reflected as deferred  revenue.  As of December 31, 1999, the
Company had deferred  revenue in the amount of $550,416  which it will recognize
through December 31, 2000.

The Company's operating results have in the past and may in the future fluctuate
significantly  depending upon a variety of factors which vary substantially over
time,  including industry conditions;  the timing of orders from customers;  the
timing of new product  introductions  by the Company and  competitors;  customer
acceleration,  cancellation  or delay of shipments;  the length of sales cycles;
the level and timing of selling,  general and  administrative  and  research and
development  expenses;  specific  feature  needs of  customers;  and  production
delays. A substantial  portion of the Company's  quarterly  revenues are derived
from the sale of a relatively  small number of COLD systems which range in price
from approximately  $150,000 to $900,000. As a result, the timing of recognition
of  revenue  from a single  product  order has in the past and may in the future
have a significant  impact on the Company's net sales and operating  results for
particular  financial  periods.  This  volatility  is  counter-balanced  by  the
increase in sales of annual service  contracts,  which generally  accompanies an
increase in systems sales.

The Company's primary operating  expenses include selling expenses,  general and
administrative  expenses  and  research and  development  expenses.  General and
administrative  expenses consist primarily of employee compensation and customer
support expenses. Research and development expenses include compensation paid to
internal  research  and  development  staff  members  and  expenses  incurred in
connection   with  the  retention  of  independent   research  and   development
consultants. The Company utilizes its own employees for research and development
functions except in certain  circumstances  involving product  enhancements.  In
those  circumstances,  the  Company  regularly  retains  independent  experts to
consult and design new software  modules,  which are subsequently  evaluated and
tested by the Company's internal research and development staff. Upon successful
testing of such product  enhancements,  the Company's  internal staff integrates
the new products with the Company's existing COLD systems and products.

ASI's total  expenditure for research and development for Fiscal 1999 and Fiscal
1998 were  $119,243  and $ 921,537 ,  respectively.  Fiscal  1999  research  and
development  expenses  were  substantially  reduced from prior levels due to the
completion of all customer commitments to the GIGAPAGE product by the end of the
second quarter of Fiscal 1999.

                                       8
PAGE

ASI has historically incurred net losses and anticipates that further net losses
will be incurred  prior to the time, if ever,  that ASI achieves  profitability.
However,  ASI has recently  taken certain steps intended to limit the occurrence
of future net losses.  Such steps include:  (i) searching for joint  development
and marketing agreements or a synergistic  acquisition  candidate which would be
expected to increase  sources of revenues at minimum cost. (ii) The reduction in
ASI's  workforce  from 24 to 2 full-time  employees  and 5 part time  employees,
which has reduced  operating  expenses by  approximately  $110,000  per quarter.
(iii)  Sale of ASI's  newest  product  enhancement,  ESCON  connectivity  to its
existing  customer base.  (iiii) Critical reviews of all procedures and costs to
ensure maximum  efficiency and  effectiveness  are achieved in ASI's operations.
While no  assurance  can be given that such steps  will be  sufficient  to limit
losses,  which may be incurred in the future, ASI believes that such steps, when
fully implemented,  may enable ASI to realize improved  operating  results.  ASI
does not believe that these steps,  particularly the reduction in the workforce,
have to date or will in the future  materially  adversely  impact ASI's revenues
and earnings.

Results of Operations

The  following  discussion  should  be read in  conjunction  with the  unaudited
condensed   financial   statements   and  notes  thereto  of  Access   Solutions
International, Inc. contained elsewhere herein.

Three Months and Six Months ended December 31, 1999 compared to Three Months and
Six Months ended December 31, 1998

Net Sales

Net sales for the three months ended  December 31, 1999 were  $253,480  compared
with  $223,202  for the three months  ended  December  31, 1998,  an increase of
$30,278  or 14%,  and  $479,441  for the six months  ended  December  31,  1999,
compared with  $437,780 for the six months ended  December 31, 1998, an increase
of $41,661 or 10%.  Product sales were $65,303 for the second  quarter of Fiscal
1999 compared with $16,785 for the second quarter of Fiscal 1998, an increase of
$48,518 or 289%, and $87,344 for the six months ended December 31, 1999 compared
with $42,166 for the six months ended  December 31, 1998, an increase of $45,178
or 107%.  Product  sales  increased  because  the second  quarter of Fiscal 1998
results included an upgrade sale to an existing  customer that was not similarly
recognized in the second quarter or first half of Fiscal 1999.  Service revenues
were $188,177 for the second quarter of Fiscal 2000,  compared with $206,417 for
the second quarter of Fiscal 1999, a decrease of $18,240 or 9%, and $392,097 for
the six months ended December 31, 1999 compared with $395,614 for the six months
ended December 31, 1998, a decrease of $3,517 or 1%.

Cost of Sales

Cost of sales includes component costs,  firmware license costs,  labor,  travel
and certain  overhead  costs.  Costs of sales in the aggregate  decreased 26% to
$52,334 for the three months ended  December 31, 1999 from $71,143 for the three
months ended  December 31, 1998 and decreased 22% to $115,495 for the six months
ended  December 31, 1999 from  $147,214  for the six months  ended  December 31,
1998,  in each  case as a result  of more  effective  maintenance  contract  and

                                       9
PAGE

services pricing.  Costs of sales for products  decreased 26% to $52,334 for the
three  months  ended  December  31, 1999 from $71,143 for the three months ended
December  31,  1998 and  decreased  22% to  $115,495  for the six  months  ended
December  31, 1999 from  $147,214  for the six months  ended  December 31, 1998.
Costs of sales for services  decreased 22% to $47,013 for the three months ended
December 31, 1999 from $60,547 for the three months ended  December 31, 1998 and
decreased  15% to  $104,441  for the six months  ended  December  31,  1999 from
$122,937  for the six  months  ended  December  31,  1998.All  a result of fewer
service calls as a result of more stable hardware in the field.

General and Administrative Expenses

General and  administrative  expenses  consist of  administrative  expenses  and
customer support expenses.  General and administrative expenses decreased 20% or
$30,198 to $117,721 for the three months ended  December 31, 1999 from  $147,919
for the three months ended  December 31, 1998 and  decreased  34% or $108,076 to
$205,929  for the six months ended  December 31, 1999 from  $314,005 for the six
months ended December 31, 1998 This decrease was due to lower  personnel  costs,
reduced professional fees and lower insurance expense.

Research and Development Expenses

Research and development  expenses  decreased by 5% or $1,524 to $28,906 for the
three  months  ended  December  31, 1999 from $30,430 for the three months ended
December 31, 1998 and  decreased by 33% or $25,301 to $50,246 for the six months
ended December 31, 1999 from $75,546 for the six months ended December 31, 1998.
The decrease in research and development was primarily due to reduced  personnel
costs  resulting  from the completion of the Company's  outstanding  development
projects in Fiscal 1998.

Selling Expenses

Selling  expenses  decreased  by $9,383 or 20% to $38,457  for the three  months
ended  December 31, 1999 from  $47,840 for the three  months ended  December 31,
1998 and  decreased  by  $18,018  or 19% to  $76,774  for the six  months  ended
December 31, 1999 from $94,792 for the six months ended December 31, 1998.

Other Income and Expenses

Other income and expenses  consisted of interest expense which increased $141 to
$31,56 for the three months  ended  December 31, 1999 from $31,546 for the three
months  ended  December  31, 1998 and $112 to $63,112  for the six months  ended
December 31, 1999 from $63,224 for the six months ended  December 31, 1998.  The
consistent  interest  expense is a result of accrued interest on a $650,000 loan
made to the  Company  at an annual  interest  rate of 19% by a  stockholder  and
former  director.  Interest  and other  income  decreased by $141 to $15 for the
three  months  ended  December  31,  1999 from $156 for the three  months  ended
December 31, 1998 and decreased 97% to $59 for the six months ended December 31,
1999 as compared to the six months  ended  December  31,  1998.  Other  expenses
decreased  by $138,891 as a result of expenses  incurred  from the  discontinued
acquisition  of  PaperClip  Software in the second  quarter of Fiscal  1999.  No
similar expenses were incurred in the second quarter of Fiscal 2000.

                                       10
PAGE

Net Loss

As a result of the  foregoing,  the Company's net loss  decreased 85% to $15,484
($.004 per share on 3,963,940 weighted average shares outstanding) for the three
months  ended  December  31,  1999 from  $105,535  ($.03 per share on  3,963,940
weighted average shares  outstanding) during the three months ended December 31,
1998 and  decreased  92% to a loss of  $32,065  ($.01  per  share  on  3,963,940
weighted average shares  outstanding) for the six months ended December 31, 1999
from $393,657 ($.10 per share on 3,963,940 weighted average shares  outstanding)
for the six months ended December 31, 1998.

Liquidity and Capital Resources

The Company had a working  capital  deficit of $955,466 at December  31, 1999 as
compared to a working capital deficit of $1,369,375 at June 30, 1999.

Total cash used by  operating  activities  during the  six-month  periods  ended
December 31, 1999 and 1998 was $425,248 and $220,142 respectively. The Company's
net losses  for these  periods  were  $32,065  and  $393,657,  respectively.  In
addition  to funding  the  Company's  net loss,  the major  uses of capital  for
operating  activities  during the  six-month  period  ended  December  31,  1999
included decreases in accrued expenses and trade accounts  receivables.  Accrued
expenses was reduced by $306,763 due to a  reclassification  of advances from M.
Chace,  previously recorded as accrued expenses, to long term notes payable due.
The loan principal bears interest at a rate of 19% and converts to a demand note
at the  lesser  of  three  years  or the  completion  of  the  company's  patent
litigation.  The Company's major source of cash from operating activities was an
increase in deferred revenue in the amount of $46,373.

Cash used for and provided from investing activities for the six-month periods
ended December 31, 1999 and 1998 were $435 and $59,524, respectively. The major
use of cash for investing activities in Fiscal 1999 was for an addition to other
assets.

Cash  provided  by and  used  for  financing  activities  was  $411,834  for the
six-month  period ended  December 31, 1999 and $6,716 for the  six-month  period
ended  December 31,  1998.  The major  source of cash for  financing  activities
during the six month  period ended  December  31, 1999  consisted of interest on
loans by a director of the Company secured by certain accounts receivable of the
Company.  This was a  reclassification  of this  expense  category  from accrued
expenses.

ASI has suffered  recurring  losses from  operations and has negative cash flows
from  operating  activities.  The recurring  losses and negative cash flows from
operating  activities raise substantial doubt about ASI's ability to continue as
a going  concern.  As a result,  ASI's  independent  accountants in their report
dated June 20, 2000 on the audited financial  statements for the year ended June
30, 1999  included an  explanatory  paragraph  that  described  factors  raising
substantial  doubt about  ASI's  ability to  continue  as a going  concern.  The
financial   statements   do  not  include  any   adjustments   relating  to  the
recoverability  of  asset  and  classifications  of  liabilities  or  any  other
adjustments  that might be necessary should ASI be unable to continue as a going
concern.

As of December 31, 1999,  ASI had long term debt totaling  $998,712 with accrued
interest of $202,059. The former amount includes gross proceeds in the amount of
$650,000  from a loan to ASI in  conjunction  with the sale of a 30% interest in
the Company's patents for $100,000 and advances of $348,712.  The loan principal
bears  interest at a rate of 19% and  converts to a demand note at the lesser of
three years or the completion of the company's patent  litigation.  ASI believes
that funds  generated from  operations  will be sufficient to meet ASI's working
capital requirements through December,  2000. If ASI has insufficient funds from
the above noted  operations,  further  equity or debt  financing will be sought.
There  can be no  assurance  that  such  additional  funds  can be  obtained  on
acceptable  terms,  if at all. If additional  financing is not available,  ASI's
business will be materially adversely affected.

                                       11
PAGE

The Company  believes  that its  current  corporate  infrastructure  can support
significant  increases  in  sales  without  proportionate  increases  in  costs.
However,  there can be no  assurances  that sales will increase or that any cost
advantage will result.

Seasonality and Inflation

To date,  seasonality  and  inflation  have  not had a  material  effect  on the
Company's operations.


Forward Looking Statements

Statements  contained  in this Form  10-QSB  that are not  historical  facts are
forward-looking  statements  made pursuant to the safe harbor  provisions of the
Private  Securities  Litigation  Reform Act of 1995. The Company cautions that a
number of  important  factors  could  cause  actual  results for Fiscal 2000 and
beyond  to  differ  materially  from  those  expressed  in  any  forward-looking
statements made by or on behalf of the Company. Such statements contain a number
of risks and uncertainties, including, but not limited to, future capital needs,
uncertainty of additional  funding,  variable operating  results,  lengthy sales
cycles,  dependence on the Company's COLD system  product,  rapid  technological
change and product development, reliance on single or limited sources of supply,
intense  competition,  turnover in management,  the Company's  ability to manage
growth,  dependence on significant customers,  dependence on key personnel,  and
the Company's ability to protect its intellectual  property.  See "Risk Factors"
in the Company's  Prospectus  dated October 16, 1997.  The Company cannot assure
that it will be able to  anticipate  or respond  timely to changes  which  could
adversely affect its operating  results in one or more fiscal quarters.  Results
of operations in any past period should not be considered  indicative of results
to be expected in future periods.  Fluctuations in operating  results may result
in fluctuations in the price of the Company's securities.

                                       12
PAGE

                           PART II - OTHER INFORMATION

Item 6.  Exhibits and Reports on Form 8-K

(a)  Exhibits

        none

27      Financial Data Schedule

(b)  Reports on Form 8-K

        none

                                       13
PAGE

                                   SIGNATURES


Pursuant to the requirements of the Securities  Exchange Act of 1934, the issuer
caused this report to be signed on its behalf by the undersigned  thereunto duly
authorized.


                                 Access Solutions International, Inc.


Date: October 19, 2000,          By: /s/ Robert  H. Stone
                                 ------------------------
                                         Robert  H. Stone
                                         President and CEO



Date: October 19, 2000          By: /s/ Denis L. Marchand
                                -------------------------
                                        Denis L. Marchand
                                        Vice President of Finance and
                                        Administration and Chief Accounting
                                        Officer (Principal Accounting Officer)

                                       14
PAGE