FORM 12b-25 NOTIFICATION OF LATE FILING SEC FILE NUMBER 0-6933 CUSIP NUMBER 132008 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K For Period Ended: December 31, 1997 PART 1 - REGISTRANT INFORMATION (OFFICIAL TEXT) Full Name of Registrant: CAMBEX CORPORATION Address of Principal Executive Office (Street and Number) 360 SECOND AVENUE WALTHAM, MA 02154 PART II - RULES 12b-25(b) and (c) OFFICIAL TEXT The subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b) as follows: (b)The subject annual report, semi-annual report, transition report on Form 10-K or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date. PART III - NARRATIVE (OFFICIAL TEXT) State below in reasonable detail the reasons why the Form 10-K or the transition report or portion thereof, could not be filed within the prescribed time period. The Form 10-K for the period ended December 31, 1997 cannot be filed within the prescribed time period because additional time is required because the Company has been unable to engage an auditing firm due to its Chapter 11 proceedings. PART IV - OTHER INFORMATION (OFFICIAL TEXT) (1) Name and telephone number of person to contact in regard to this notification: Sheldon M. Schenkler 781 - 890-6000 (2) All other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that we, the registrant, were required to file such report(s) have been filed. (3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statement to be included in the subject report or portion thereof? YES. The Company's revenues decreased 57% in 1997 compared to 1996. The Company's net loss of approximately $6,600,000 is approximately 21% less than the loss reported for the comparable period of the prior year. CAMBEX CORPORATION (Name of Registrant As Specified in Charter) has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized. Date: March 30, 1998 By: Sheldon M. Schenkler Sheldon M. Schenkler Chief Financial Officer