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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
AMENDED NOTIFICATION OF LATE FILING
SEC File Number 1-8509 CUSIP Number 630183101
(Check One): [ ] Form 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-Q [ ] Form N-SAR
For Period Ended: MARCH 31, 1998
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[ ] 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: ___________________________
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Read Instruction (on back page) Before Preparing Form. Please Print or Type.
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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:
This notification relates to Part II--Items 6, 7, 8 and 9, and all Financial Statements and related Financial Schedules.
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PART 1 - REGISTRANT INFORMATION
AUGMENT SYSTEMS, INC.
Full Name of Registrant
N/A
Former Name if Applicable
Address of Principal Executive Office (Street and Number)
790 Turnpike Street Suite 202
North Andover, MA 01845
City, State and Zip Code
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;
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[ ] (b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR,
or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the
subject quarterly report of transition report on Form 10-Q, or portion thereof will be filed on or before the fifth
calendar day following the prescribed due date; and
[ ] (c) The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q, N-SAR, or the transition report or
portion thereof, could not be filed within the prescribe time period. (Attach Extra Sheets if Needed)
On January 15, 1999, the Board of Directors elected to discontinue all ongoing operations, layoff all but one of its
employees, seek buyers for its technology and inventory and look for a merger partner. The Company has ceased sales, marketing and
distribution of its products. On March 31, 1999, two of the remaining three members of the Board of Directors resigned to pursue
other interests. As of May 15, 1999, the Company's Chief Financial Officer, and only active board member, was engaged in the
disposition of assets, settlement of outstanding debts, sale of the Company's technology, and exploration of potential mergers.
The Company began moving its operation and disposing of assets during the first quarter. During the first quarter a
substantial portion of the outstanding debts were settled. The Company is evaluating the accounting treatment relating to the
disposition of assets and debts and will file its 10Q, once a definitive determination has been made. The Company anticipates that
it will complete the filing within 15 days of the required date.
PART IV - OTHER INFORMATIONd
(1) Name and telephone number of person to contact in regard to this notification
Duane A. Mayo, Chief Financial Officer 978 725-8156
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(Name) (Area Code) (Telephone Number)
(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 reports) been filed? If answer is no, identify report(s). [ X ] Yes [ ] No
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(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 position thereof? [ X ] Yes [ ] No
See disclosure under Part III above.
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results cannot be made.
AUGMENT SYSTEMS, INC.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date May 17, 1999 By /S/ Duane A. Mayo
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Duane A. Mayo, Chief Financial Officer
INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The
name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf
of the registrant by an authorized representative (other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.
ATTENTION
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Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).
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