-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Ue1D11IpGHf51iutalrV6WfcA/wUzPqa5YNSKsKZAJoSyazAFWelSlZ/odEC2txI
 aZUMObLG9zKu1BsaoecdSg==

<SEC-DOCUMENT>0001288688-09-000007.txt : 20090928
<SEC-HEADER>0001288688-09-000007.hdr.sgml : 20090928
<ACCEPTANCE-DATETIME>20090925173241
ACCESSION NUMBER:		0001288688-09-000007
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20090928
DATE AS OF CHANGE:		20090925
EFFECTIVENESS DATE:		20090928

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NETSTREAMS INC
		CENTRAL INDEX KEY:			0001288688
		IRS NUMBER:				200969095
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-64928
		FILM NUMBER:		091088449

	BUSINESS ADDRESS:	
		STREET 1:		3600 WEST PARMER
		STREET 2:		SUITE 100
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78727
		BUSINESS PHONE:		(512) 977-9393

	MAIL ADDRESS:	
		STREET 1:		3600 WEST PARMER
		STREET 2:		SUITE 100
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78727
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0502</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001288688</cik>
        <entityName>NETSTREAMS INC</entityName>
        <issuerAddress>
            <street1>3600 WEST PARMER</street1>
            <street2>SUITE 100</street2>
            <city>AUSTIN</city>
            <stateOrCountry>TX</stateOrCountry>
            <zipCode>78727</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>(512) 977-9393</issuerPhoneNumber>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2004</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Herman</firstName>
                <middleName></middleName>
                <lastName>Cardenas</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3600 West Parmer Ln</street1>
                <street2>Suite 100</street2>
                <city>Austin</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>78727</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>James</firstName>
                <middleName></middleName>
                <lastName>Hammock</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3600 West Parmer Ln</street1>
                <street2>Suite 100</street2>
                <city>Austin</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>78727</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Clark</firstName>
                <middleName></middleName>
                <lastName>Jernigan</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>300 West 6th St</street1>
                <street2>Suite 2300</street2>
                <city>Austin</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>78701</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Kevin</firstName>
                <middleName>A.</middleName>
                <lastName>Reinis</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3600 Parmer Ln</street1>
                <street2>Suite 100</street2>
                <city>Austin</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>78727</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Peter</firstName>
                <middleName>B.</middleName>
                <lastName>Radekevich</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3600 Parmer Ln</street1>
                <street2>Suite 100</street2>
                <city>Austin</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>78701</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other Technology</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>0001288688-09-000006</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-01-15</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isDebtType>true</isDebtType>
            <isOptionToAcquireType>true</isOptionToAcquireType>
            <isSecurityToBeAcquiredType>true</isSecurityToBeAcquiredType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>2750000</totalOfferingAmount>
            <totalAmountSold>2750000</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>2</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>NETSTREAMS INC</issuerName>
                <signatureName>/s/ PETER RADEKEVICH</signatureName>
                <nameOfSigner>Peter Radekevich</nameOfSigner>
                <signatureTitle>Chief Financial Officer</signatureTitle>
                <signatureDate>2009-09-25</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----