UNITED STATES
                   SECURITIES AND EXCHANGE COMMISSION
                         WASHINGTON, D.C.  20549


                                FORM 8-K


                             CURRENT REPORT
                   Pursuant to Section 13 or 15(d) of 
                 the Securities and Exchange Act of 1934



                              March 5, 1998
                        ------------------------
           Date of Report (Date of earliest event of reported)



                           Pamet Systems, Inc.
                      (Exact name of Registrant as
                        specified on its charter)






      Massachusetts             1-10623               04-2985838    
  --------------------     --------------------     ----------------
(State of incorporation)  (Commission File Number)    (IRS Employer
                                                    Identification No.)



                            1000 Main Street
                       Acton, Massachusetts  01720
                ----------------------------------------
                (Address of principal executive offices)


                             (978)-263-2060
                ----------------------------------------
          (Registrant's telephone number, including area code)




Item 5.  Other Events

       Pursuant to Rule 135C of Securites Act of 1934 the following
       Press Release was issued on March 5. 1997.



                                   SIGNATURE



       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.


                                                 Pamet Systems, Inc.



       Dated:  March 11, 1998      By      Richard C. Becker      
              ------------------      ----------------------------
                                           Richard C. Becker
                                           Vice President - Treasurer
                                           and Principal Financial
                                           Officer


                                   EXHIBITS
                                     INDEX



       20.  Press Release Dated March 5, 1998





                                  EXHIBIT


Pamet Systems, Inc. Closes Private Placement With Rogow Opportunity Capital

Acton, Mass. - March 5, 1998 - Pamet Systems, Inc., (NASDAQ OTC: PAMT) today
reported that Rogow Opportunity Capital, LLC (ROC), of Marblehead
Massachusetts  had completed the purchase of 125,000 shares of Pamet Common
Stock in a private  placement.

The stock was purchased at $4.25 per share for a total purchase price of
$531,250.  ROC also received warrants to purchase 31,250 share of Common
Stock at the exercise price of $4.25 per share.  In April of 1997, ROC
purchased 200,000 shares of Pamet Stock in a private placement.  In August of
1997 Bruce Rogow, ROC principal, became a member of the Pamet Board of
Directors.  This most recent private placement combined with previous
purchases and warrants brings beneficial ownership level of Mr. Rogow and his
wife to 17.9%, making them the company's largest shareholders.

The shares purchased by ROC in this most recent placement were not registered
under the Securities Act of 1933 and therefore are ineligible for sale for a
minimum of one year pursuant to Rule 144.

"This infusion of capital will allow us to continue our product development
and infrastructure enhancements," said David T. McKay, Pamet president and
CEO.  "Most immediately we will focus on the completion of Pamet's product
migration to a Microsoft NT Server platform and Windows client environment."

Pamet Systems Inc. (NASDAQ OTC:PAMT), founded in 1987, designs and implements
broad-based information technology solutions for public safety agencies.
Pamet provides customers with innovative applications for enhancing their
business processes - enabling agencies to realize cost efficiencies and
provide better service. Pamet's services include systems integration and
automation to facilitate the acquisition, storage, processing, retrieval and
communication of information for public safety agencies.

This press release may include forward-looking statements including
statements regarding plans for the capital and development of the NT version
of software that may or may not materialize.  Additional information on
factors including insufficient capital and failure to successfully develop
the NT product that could potentially affect the Company's financial results
may be found in the Company's filings with the Securities and Exchange
Commission.

                                    ###


Contact:

Lauren E. Searcy 
Pamet Systems, Inc.
978-263-2060
lsearcy@pamet.net