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                          SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, D.C.  20549

                                     FORM 10-KSB/A

                                    AMENDMENT NO. 1
    (MARK ONE)
       /X/       ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                  SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

                     FOR THE FISCAL YEAR ENDED DECEMBER 31, 1996

                                          OR

       / /        TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
                  SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
                  For the Transition period from ________ to _______

                             COMMISSION FILE NO.  0-21375

                           ONTRACK DATA INTERNATIONAL, INC.
                    (Name of Small Business Issuer in its charter)

                     MINNESOTA                  41-1521650
         -------------------------------    -------------------
         (State or other jurisdiction of    (I.R.S. Employer
         incorporation or organization)     Identification No.)

                                   6321 BURY DRIVE
                               EDEN PRAIRIE, MN  55346
              -----------------------------------------------------
              (Address of principal executive offices and zip code)

ISSUER'S TELEPHONE NUMBER, INCLUDING AREA CODE:  (612) 937-1107

ISSUER'S INTERNET ADDRESS:  WWW.ONTRACK.COM

SECURITIES REGISTERED UNDER SECTION 12(b) OF THE EXCHANGE ACT:  NONE

SECURITIES REGISTERED UNDER SECTION 12(g) OF THE EXCHANGE ACT:   COMMON STOCK,
$.01 PAR VALUE

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

Check if there is no disclosure of delinquent filers pursuant to Item 405 of
Regulation S-B is contained in this form, and no disclosure  will be contained,
to the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form 10-KSB.  / /

Issuer's revenues for the year ended December 31, 1996 were $26,763,000.

As of March 14, 1997, assuming as market value the price of $17 3/16 per share,
the average between the high and low sale prices on the Nasdaq National Market,
the aggregate market value of shares held by nonaffiliates was approximately
$54.4 million.

As of March 14, 1997, the Company had outstanding 9,789,240 shares of Common
Stock, $.01 par value.

Portions of the 1996 Annual Report to Shareholders and the Proxy Statement for
the Company's Annual Meeting of Shareholders to be held May 21, 1997, are
incorporated by reference into Parts II and III, respectively, of this Form
10-KSB, to the extent described in such Parts.

Transitional Small Business Disclosure Format:    Yes      No  X
                                                      ---     ---

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ITEM 3.  LEGAL PROCEEDINGS

     Not applicable.


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                                   SIGNATURES

    Pursuant to the requirements of section 13 or 15(d) of the Securities 
Exchange Act of 1934, the Registrant has duly caused this report to be signed 
on its behalf by the undersigned, thereunto duly authorized on April 17, 1997.

                                            ONTRACK DATA INTERNATIONAL, INC.


                                            By /s/ Thomas P. Skiba
                                              --------------------------------
                                               Thomas P. Skiba, Vice President
                                               and Chief Financial Officer