SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 11-K

ANNUAL REPORT

PURSUANT TO SECTION 15(d) OF THE

SECURITIES AND EXCHANGE ACT OF 1934

(Mark One):

ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED, EFFECTIVE OCTOBER 7, 1996.) For the fiscal year ended June 30, 2002.

TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) For the transition period from to .

Commission file Number 0-4090.

A. Full title of the plan and the address of the plan, if different from that of the issuer named below

Analysts International Corporation Savings and Investment Plan

B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office

Analysts International Corporation

3601 West 76th Street

Minneapolis, MN 55435

(952) 835–5900

ANALYSTS INTERNATIONAL CORPORATION

SAVINGS AND INVESTMENT PLAN

INDEX

				Page
INDEPENDENT AUDITORS’ REPORT				4

FINANCIAL STATEMENTS – Years ended June 30, 2002 and 2001:

	Statements of net assets available for plan benefits			5

	Statements of changes in net assets available for plan benefits			6

	Supplemental information on changes in net assets available for plan benefits by type of fund			7

	Notes to financial statements			9

SUPPLEMENTAL SCHEDULES FURNISHED PURSUANT TO THE REQUIREMENTS OF FORM 5500:

		I.	Schedule H, PART IV, Line 4i – Schedule of Assets Held for Investment Purposes, as of June 30, 2002	13

		II.	Schedule H, PART IV, Line 4j – Schedule of Reportable Transactions for the Year Ended June 30, 2002	14

INDEPENDENT AUDITORS’ REPORT

Savings and Investment Plan Committee

Analysts International Corporation

Minneapolis, Minnesota

We have audited the accompanying statements of net assets available for plan benefits of Analysts International Corporation Savings and Investment Plan (the Plan) as of June 30, 2002 and 2001 and the related statements of changes in net assets available for plan benefits for the years then ended. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, such financial statements present fairly, in all material respects, the net assets available for plan benefits as of June 30, 2002 and 2001 and the changes in net assets available for plan benefits for the years then ended in conformity with accounting principles generally accepted in the United States of America.

Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental information by fund for the years ended June 30, 2002 and 2001, the supplemental schedules of Assets Held for Investment Purposes as of June 30, 2002 and Reportable Transactions for the year ended June 30, 2002 are presented for purposes of additional analysis of the basic financial statements and for complying with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 and are not a required part of the basic financial statements. This supplemental information is the responsibility of the Plan’s management. The supplemental information and schedules have been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, are fairly stated in all material respects in relation to the basic financial statements taken as a whole.

/s/ Deloitte & Touche LLP

Minneapolis, Minnesota

September 27, 2002

ANALYSTS INTERNATIONAL CORPORATION

SAVINGS AND INVESTMENT PLAN

STATEMENTS OF NET ASSETS AVAILABLE FOR PLAN BENEFITS

	June 30
	2002		2001
ASSET — Investments, stated at market value	$	75,743,767	$	92,444,089
NET ASSETS AVAILABLE FOR PLAN BENEFITS	$	75,743,767	$	92,444,089

See notes to financial statements.

ANALYSTS INTERNATIONAL CORPORATION

SAVINGS AND INVESTMENT PLAN

STATEMENTS OF CHANGES IN NET ASSETS

AVAILABLE FOR PLAN BENEFITS

	Year Ended June 30
	2002			2001
NET ASSETS AVAILABLE FOR PLAN BENEFITS, beginning of year	$	92,444,089		$	115,774,435
ADDITIONS:
Investment income	2,513,228			9,204,203
Contributions by employer	1,009,499			1,134,650
Contributions by participants	10,798,658			20,400,502
Net depreciation in market value of investments	(17,547,528		)	(40,729,785		)
	(3,226,143		)	(9,990,430		)

DEDUCTIONS:
Distributions to participants	13,471,929			13,338,591
Loan Fees	2,250			1,325

NET DEDUCTIONS	(16,700,322		)	(23,330,346		)

NET ASSETS AVAILABLE FOR PLAN BENEFITS, end of year	$	75,743,767		$	92,444,089

See notes to financial statements.

ANALYSTS INTERNATIONAL CORPORATION

SAVINGS AND INVESTMENT PLAN

SUPPLEMENTAL INFORMATION ON CHANGES IN NET ASSETS

AVAILABLE FOR PLAN BENEFITS BY TYPE OF FUND

YEARS ENDED JUNE 30, 2002 AND 2001

	Money Market			U.S. Govt. Trust		High Yield Trust			Growth & Income			Voyager Fund			Global Growth			OTC Emerging Growth			International Growth

NET ASSETS AVAILABLE FOR PLAN BENEFITS as of June 30, 2000	$	6,741,839		$	3,729,134	$	3,862,691		$	16,961,355		$	39,033,969		$	8,362,126		$	15,822,747		$	3,179,069

ADDITIONS:
Investment Income	319,664			252,140		423,137			586,937			3,244,863			1,037,532			2,216,060			249,170
Contributions by employer
Contributions by participants	959,114			928,104		393,563			3,724,302			5,219,055			1,187,819			2,537,515			1,297,131
Loan payments	17,781			18,168		16,155			86,216			158,191			54,972			116,634			24,250
Net (depreciation) appreciation in market value of investments				88,181		(645,265		)	1,079,099			(14,543,393		)	(4,200,290		)	(11,996,905		)	(1,046,049		)
	1,296,559			1,286,593		187,590			5,476,554			(5,921,284		)	(1,919,967		)	(7,126,696		)	524,502

DEDUCTIONS:
Distributions to participants	1,596,177			681,064		432,701			2,246,262			4,002,123			782,757			1,317,560			504,740
Loan fees	112			90		94			295			311			58			101			86
Loan withdrawals	51,015			38,150		42,550			122,377			239,067			57,243			62,879			28,637
	1,647,304			719,304		475,345			2,368,934			4,241,501			840,058			1,380,540			533,463

INTERFUND TRANSFERS	(983,895		)	652,027		(147,487		)	(584,008		)	74,530			(442,676		)	(493,726		)	(14,785		)

NET ADDITIONS (DEDUCTIONS)	(1,334,640			1,219,316		(435,242		)	2,523,612			(10,088,255		)	(3,202,701		)	(9,000,962		)	(23,746		)

NET ASSETS AVAILABLE FOR PLAN BENEFITS as of June 30, 2001	$	5,407,199		$	4,948,450	$	3,427,449		$	19,484,967		$	28,945,714		$	5,159,425		$	6,821,785		$	3,155,323

ADDITIONS:
Investment Income	135,778			282,481		387,138			541,750			1,035,604
Contributions by employer
Contributions by participants	916,410			495,695		314,387			1,283,363			1,730,054			654,583			1,027,113			597,968
Loan payments	52,037			41,813		17,307			83,405			126,857			37,317			48,911			26,434
Net (depreciation) appreciation in market value of investments				124,297		(440,724		)	(3,125,879		)	(7,857,444		)	(1,152,248		)	(2,585,647		)	(308,031		)
	1,104,225			994,286		278,108			(1,217,361		)	(4,964,929		)	(460,348		)	(1,509,623		)	316,371


DEDUCTIONS:
Distributions to employer
Distributions to participants	1,277,444			1,208,252		540,816			2,492,883			3,482,508			766,646			818,926			506,462
Loan fees	238			93		91			420			488			164			154			169
Loan withdrawals	49,234			28,028		19,110			142,805			166,556			43,392			48,440			41,888
	1,326,916			1,236,373		560,017			2,636,108			3,649,552			810,202			867,520			548,519

INTERFUND TRANSFERS	1,064,857			314,369		53,409			(279,455		)	(1,296,035		)	(249,849		)	(238,931		)	47,697

NET ADDITIONS (DEDUCTIONS)	842,166			22,282		(228,500		)	(4,132,924		)	(9,910,516		)	(1,520,399		)	(2,616,074		)	(184,451		)

NET ASSETS AVAILABLE FOR PLAN BENEFITS as of June 30, 2002	$	6,249,365		$	4,970,732	$	3,198,949		$	15,352,043		$	19,035,198		$	3,639,026		$	4,205,711		$	2,970,872

															Neuberger Berman Genesis Trust									AiC Stock			Total
	Capital Opportunities			Vanguard 500				Janus Mercury				Janus G & I									Loan Fund
																		Pending
NET ASSETS AVAILABLE FOR PLAN BENEFITS as of June 30, 2000				$		322,320			$	1,564,396		$	903,903					$	-		$	1,024,182		$	14,266,704		$	115,774,435

ADDITIONS:
Investment Income				8,646					264,449			68,240									66,313			467,052			9,204,203
Contributions by employer																								1,134,650			1,134,650
Contributions by participants				866,259					1,407,827			836,775									115,888			927,150			20,400,502
Loan payments				12,549					33,141			20,375									(610,761		)	52,329			-
Net (depreciation) appreciation in market value of investments				(124,531			)		(1,146,377		)	(316,901		)										(7,877,354		)	(40,729,785		)

				762,923					559,040			608,489						-			(428,560		)	(5,296,173		)	(9,990,430		)

DEDUCTIONS:
Distributions to participants				148,846					298,048			138,783									233,293			956,237			13,338,591
Loan fees				46					44			32												56			1,325
Loan withdrawals				24,379					9,894			9,484									(721,122		)	35,447			-
				173,271					307,986			148,299						-			(487,829		)	991,740			13,339,916

INTERFUND TRANSFERS				446,675					826,704			619,366						148						47,127

NET ADDITIONS (DEDUCTIONS)				1,036,327					1,077,758			1,079,556						148			59,269			(6,240,786		)	(23,330,346		)

NET ASSETS AVAILABLE FOR PLAN BENEFITS as of June 30, 2001				$	1,358,647				$	2,642,154		$	1,983,459					$	148		$	1,083,451		$	8,025,918		$	92,444,089

ADDITIONS:
Investment Income				22,185					5,342			16,648									68,313			17,989			2,513,228
Contributions by employer																								1,009,499			1,009,499
Contributions by participants	19,685			1,043,272					1,116,927			1,010,844			40,384									547,973			10,798,658
Loan payments	401			33,267					46,555			26,381			2,501						(593,294		)	50,108			-
Net (depreciation) appreciation in market value of investments	(26,189		)	(355,048			)		(1,028,676		)	(398,695		)	(50,007		)							(343,237		)	(17,547,528		)
	(6,103		)	743,676					140,148			655,178			(7,122		)	-			(524,981		)	1,282,332			(3,226,143		)


DEDUCTIONS:
Distributions to employer
Distributions to participants				350,548					462,114			260,027			24,615						315,510			965,178			13,471,929
Loan fees	3			128					155			115			7									25			2,250
Loan withdrawals	2,485			31,464					36,378			30,530			5,896						(656,245		)	10,039			-
	2,488			382,140					498,647			290,672			30,518			-			(340,735		)	975,242			13,474,179

INTERFUND TRANSFERS	252,875			215,589					(93,115		)	(204,413		)	705,386			(147		)				(292,237		)	-

NET ADDITIONS (DEDUCTIONS)	244,284			577,125					(451,614		)	160,093			667,746			(147		)	(184,246		)	14,853			(16,700,322		)

NET ASSETS AVAILABLE FOR PLAN BENEFITS as of June 30, 2002	$	244,284		$	1,935,772				$	2,190,540		$	2,143,552		$	667,746		$	1		$	899,205		$	8,040,771		$	75,743,767

ANALYSTS INTERNATIONAL CORPORATION

SAVINGS AND INVESTMENT PLAN

NOTES TO FINANCIAL STATEMENTS

YEARS ENDED JUNE 30, 2002 AND 2001

A. Summary of significant accounting policies:

Investments are stated at market value using quoted market values. Promissory notes from participants are stated at the outstanding principal balance.

The financial statements have been prepared on the accrual basis of accounting. All security transactions are recorded on their trade date.

Participants have control over the allocation of their account balances among each of the thirteen non–AiC Common Stock Funds. However, because Analysts International (AiC) designates the investment option for the employer matching contributions in the AIC Common Stock Fund, participants do not have complete control of their assets invested in this fund.

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of financial statements and the reported amounts of additions and deductions during the reporting period. Actual results could differ from those estimates.

The plan invests in various securities including U.S. Government securities, corporate debt instruments, and corporate stocks. Investment securities, in general, are exposed to various risks, such as interest rate, credit, and overall market volatility. Due to the level of risk associated with certain investment securities, it is reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect the amounts reported in the statements of net assets available for plan benefits.

B. The Plan:

The Plan became effective January 1, 1985 under Section 401(k) of the Internal Revenue Code for the purpose of providing retirement and other benefits to eligible participants. An employee of AI becomes eligible for the Plan upon commencement of active service.

The Plan is funded primarily by employee contributions. Eligible employees may contribute up to 15% of their gross annual wages for pre–tax saving contributions. Highly–compensated employees’ contributions are limited based on discrimination testing performed. In addition, the Plan allows rollover contributions from certain qualified retirement plans.

Plan participants may choose to invest their pre-tax contributions in one or more of thirteen investment funds offered by the Putnam, Vanguard, Janus and Neuberger Berman Companies and/or

the AiC Common Stock Fund. The thirteen funds include the Putnam Money Market Fund, the Putnam U.S. Government Income Trust, the Putnam High Yield Trust, the Putnam Fund for Growth and Income, the Putnam Voyager Fund, the Putnam Global Growth Fund, the Putnam OTC Emerging Growth Fund, the Putnam International Growth Fund, the Putnam Capital Opportunities Fund, the Vanguard 500 Index Fund, the Janus Mercury Fund, the Janus Growth and Income Fund and the Neuberger Berman Genesis Trust Fund. Effective April 1, 2002 the Plan added the Putnam Capital Opportunities Fund and the Neuberger Berman Genesis Trust Fund. A participant’s account (consisting of employee contributions and investment income) is fully vested.

Participant loans are made in compliance with federal regulations in effect at the time of the loan. Effective January 1, 2001, the Plan was amended requiring the loan origination fee to be paid directly to the Trustee. This loan origination fee is withdrawn directly from the participant’s account at the date of the loan issue. Participant loans outstanding, included in investments, amounted to $899,205 at June 30, 2002 and $1,083,451 at June 30, 2001.

The Plan provides for employer matching contributions where the employer matches 18% of the employee’s pre–tax saving contributions, provided the employee has been employed by the employer for one year or more and is not a highly compensated employee as defined by federal tax laws. The employer matching contributions are invested in the AiC Common Stock Fund.

Prior to January 1, 2001, a participant’s interest in the employer matching contribution vested at the rate of 20% per year after three years of service with 100% vesting after seven years. Effective January 1, 2001 the Plan amended the vesting schedule to a vesting rate of 20% per year after one year of service with 100% vesting after five years. Any nonvested portion of employer matching contributions to the accounts of participants who withdraw from the Plan are forfeited in compliance with federal regulations and used by the employer to reduce future matching contributions.

During March 2001, the participants in the SequoiaNet.com retirement plan were added to the Analysts International Savings and Investment Plan. This addition was due to the 100% acquisition of SequoiaNet.com by Analysts International in December 2000. The SequoiaNet.com plan transferred $6,792,415 million in net assets to the Plan.

Although the Company has not expressed an intent to discontinue the Plan, it may do so at any time, subject to provisions set forth in the Employee Retirement Income Security Act of 1974. If the Plan is terminated, no further contributions will be made. The trustee will continue to hold the funds and make distributions as if the Plan had not terminated.

C. Trustee and administration of the Plan:

Putnam Fiduciary Trust Company has been designated as trustee. Investments of the Plan are held by Putnam Investor Services, Inc. on behalf of the trustee.

The Company has established a Savings and Investment Plan Committee for the general administration of the Plan.

The Company pays the trustee fees on behalf of the Plan.

D. Internal Revenue Service Status:

The IRS has issued determinations that the Plan, as originally adopted January 1, 1985, and as amended through January 17, 1994, is a qualified plan for tax purposes under Sections 401(a) and 401(k) of the Internal Revenue Code and that the trust established in connection therewith is exempt from income tax under Section 501(a) of the Code. The Company believes the Plan as presently constituted and operated continues to meet the requirements of Sections 401(a) and 401(k) of the Code and that the related trust is exempt from income tax under Section 501(a) of the Code. A determination letter pertaining to the amendment effective January 1, 2001 has been filed with the Internal Revenue Service and is pending approval.

E. Investments:


	Year Ended June 30
	2002		2001
Investments at market value:
Putnam Money Market Fund	$	6,249,365	$	5,407,199
Putnam U.S. Government Income Trust	4,970,732		4,948,450
Putnam High Yield Trust	3,198,949		3,427,449
Putnam Fund for Growth and Income	15,352,043		19,484,967
Putnam Voyager Fund	19,035,198		28,945,714
Putnam Global Growth Fund	3,639,026		5,159,425
Putnam OTC Emerging Growth Fund	4,205,711		6,821,785
Putnam International Growth Fund	2,970,872		3,155,323
Putnam Capital Opportunities Fund	244,284		—
Vanguard 500 Index Fund	1,935,772		1,358,647
Janus Mercury Fund	2,190,540		2,642,154
Janus Growth & Income Fund	2,143,552		1,983,459
Neuberger Berman Genesis Trust	667,746		—
Pending Account	1		148
AiC Common Stock Fund	8,040,771		8,025,918


	74,844,562		91,360,638
Promissory notes from participants	899,205		1,083,451
	$	75,743,767	$	92,444,089

F. Benefits Payable:

As of June 30, 2002 and 2001, net assets available for plan benefits included benefits of $1,444,480 and $1,933,128 respectively, due to participants who have withdrawn from participation in the plan. These amounts will be reported on Schedule H, Line 1g, of the Plan’s annual report on Form 5500 when filed.

SUPPLEMENTAL SCHEDULES FURNISHED PURSUANT TO

THE REQUIREMENTS OF FORM 5500

ANALYSTS INTERNATIONAL CORPORATION

SAVINGS AND INVESTMENT PLAN

SCHEDULE H

PART IV

LINE 4i

SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES AS OF JUNE 30, 2002

	Number of Shares	Cost		Fair Value
MUTUAL FUNDS:
Putnam Money Market Fund *	6,249,365	$	6,249,365	$	6,249,365
Putnam U.S. Government Income Trust *	380,607	5,121,018		4,970,732
Putnam High Yield Trust *	450,556	5,624,093		3,198,949
Putnam Fund for Growth and Income *	960,103	15,163,565		15,352,043
Putnam Voyager Fund *	1,320,055	19,117,290		19,035,198
Putnam Global Growth Fund *	549,702	6,460,769		3,639,026
Putnam OTC Emerging Growth Fund *	714,043	11,820,141		4,205,711
Putnam International Growth Fund *	154,894	3,443,773		2,970,872
Putnam Capital Opportunities Fund *	25,236	270,473		244,284
Vanguard 500 Index Fund *	21,195	2,416,730		1,935,772
Janus Mercury Fund *	137,080	4,433,877		2,190,540
Janus Growth & Income Fund *	80,283	2,872,115		2,143,552
Neuberger Berman Genesis Trust Fund *	22,423	717,753		667,746
Pending Account		1		1
AiC COMMON STOCK FUND *	1,891,946	17,196,810		8,040,771
PROMISSORY NOTES FROM PARTICIPANTS
Interest rates ranging from 5.50 to 9.00%
with maturity dates through August, 2005		899,205		899,205
		$	101,806,978	$	75,743,767

* Known to be a party–in–interest.

ANALYSTS INTERNATIONAL CORPORATION

SAVINGS AND INVESTMENT PLAN

SCHEDULE H

PART IV

LINE 4j

SCHEDULE OF REPORTABLE TRANSACTIONS

FOR THE YEAR ENDED JUNE 30, 2002

Identity of Party Involved	Description of Transaction	Purchase Price		Selling Price		Cost of Asset		Current Value of Assets on Transaction Date		Net Loss
Putnam Fiduciary Trust Company*	Purchases Of AiC Stock	$	1,625,569			$	1,625,569	$	1,625,569
Putnam Fiduciary Trust Company*	Sales of AiC Stock			$	1,267,479	1,397,840		1,267,479		($130,361	)

*Known to be a party–in–interest.

SIGNATURES

PURSUANT TO THE REQUIREMENTS OF THE SECURITIES ACT OF 1934, the trustees (or other persons who administer the Plan) have duly caused this annual report to be signed by the undersigned thereunto duly authorized.

Date:	9/27/02

		ANALYSTS INTERNATIONAL CORPORATION SAVINGS AND INVESTMENT PLAN


		By	/s/ Colleen Davenport
			Colleen Davenport, member of the Plan
			Committee

EXHIBIT INDEX

No.		Exhibit

24.		Independent Auditors’ Consent