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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
NOTIFICATION OF LATE FILING
SEC File Number: 0-15885
CUSIP Number: 63563D-504
[X] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q and Form
10-QSB [ ] Form N-SAR
For Period Ended: December 31, 1998
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: Not Applicable
Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates: Not Applicable
PART I - REGISTRANT INFORMATION
Full Name of Registrant: NATIONAL DATACOMPUTER, INC.
Former Name if Applicable: Not Applicable
Address of Principal Executive Office:
900 Middlesex Turnpike, Building 5
Billerica, MA 01821
PART II - RULES 12B-25(B) AND (C)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate)
[X] (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
[X] (b) The subject Form 10-KSB will be filed on or before April 15, 1999, the
fifteenth calendar day following March 31, 1999, the prescribed due date;
[ ] (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
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PART III - NARRATIVE
The Registrant could not file its annual report on Form 10-KSB for the
fiscal year ended December 31, 1998 on the prescribed filing date for the
following reasons:
The Registrant has not completed its final review of its financial
statements for the fiscal year ended December 31, 1998.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Gerald S. Eilberg, Chief Financial Officer (978) 663-7677
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(Name) (Tel. No.)
(2) Have 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 the
registrant was required to file such report(s) been filed? If the answer is no,
identify report(s).
[X]Yes [ ] No
(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 statements to be included in the subject report or
portion thereof?
[X] Yes [ ] No
See attachment A, which is incorporated herein by reference.
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National Datacomputer, Inc. has caused this notification to be signed on
its behalf by the undersigned thereunto duly authorized.
Dated this 31st day of March, 1999
NATIONAL DATACOMPUTER, INC.
By /s/Gerald S. Eilberg
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Gerald S. Eilberg
Its Chief Financial Officer
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ATTACHMENT A
TO
FORM 12B-25
FOR
NATIONAL DATACOMPUTER, INC.
PART IV - OTHER INFORMATION
Item 3 - Change in Results of Operations.
The Registrant currently anticipates that the earnings statements to be
included in its Annual Report on Form 10-KSB for the year ended December 31,
1998 (the "Fiscal Year 1998") will reflect a net loss of approximately $421,000
on net sales of approximately $5,255,000, as compared to a net loss of
approximately $1,213,000 on net sales of approximately $5,813,000 for the year
ended December 31, 1997 (the "Fiscal year 1997"). The decrease in the net loss
of approximately $792,000 from the Fiscal Year 1997 to the Fiscal Year 1998 is
primarily attributable to the Company's ongoing programs of streamlining its
operations and organizational structure.