ZING TECHNOLOGIES INC
NT 10-Q, 1996-02-15
ELECTRONIC PARTS & EQUIPMENT, NEC
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                      SECURITIES AND EXCHANGE COMMISSION
                             Washington, DC 20549

                                  FORM 12B-25

                          NOTIFICATION OF LATE FILING

                                               Commission File Number 0-14326
                                                                      -------

      (Check one):     |_| Form 10-K and Form 10-KSB   |_| Form 11-K
      |_| Form 20-F           |X| Form 10-Q and Form 10-QSB   |_| Form N-SAR

      For period ended                    December 31, 1995
                         -------------------------------------------------------

|_| Transition Report on Form 10-K and Form 10-KSB
|_| Transition Report on Form 20-F
|_| Transition Report on Form 11-K
|_| Transition Report on Form 10-Q and Form 10-QSB
|_| Transition Report on Form N-SAR

      For the transition period ended
                                        ----------------------------------------

      Read Attached Instruction Sheet Before Preparing Form.
      Please Print or Type.

      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:
                                                       -------------------------


- --------------------------------------------------------------------------------




                                    PART I
                            REGISTRANT INFORMATION

      Full name of registrant       ZING TECHNOLOGIES, INC.
                             ---------------------------------------------------

      Former name if applicable     ZEUS COMPONENTS, INC.

                               115 Stevens Avenue
- --------------------------------------------------------------------------------
            Address of principal executive office (Street and Number)


- --------------------------------------------------------------------------------


      City, State and Zip Code         Valhalla, New York 10595
                               -------------------------------------------------





<PAGE>




                                    PART II
                            RULE 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 appropriate box.)

      |_| (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 annual report, semi-annual report, transition report
on Forms 10-K, 10-KSB, 20-F, 11-K or Form N-SAR, or portion thereof will be
filed on or before the 15th calendar day following the prescribed due date; or
the subject quarterly report or transition report on Form 10-Q, 10-QSB, 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 Forms 10-K, 10-KSB, 11-K,
20-F, 10-Q, 10-QSB, N-SAR or the transition report portion thereof could not be
filed within the prescribed time period. (Attach extra sheets if needed.)

      Zing was delayed by a day in completing the filing of the Report due to a
one day problem with EDGAR procedures. The filing was given a filing date of
February 15, 1996.

                                  12b25-2

<PAGE>





                                    PART IV
                               OTHER INFORMATION


      (1)   Name and telephone number of person to contact in regard to this
notification.

            Martin S. Fawer                          914   747-7474
- --------------------------------------------------------------------------------
            (Name)                            (Area Code)  (Telephone Number)

      (2) Have all other periodic reports required under Section 13 or 15(d) or
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

      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.

      Net income of $911,000, equal to $.34 per share, on net sales of
$7,222,000 in the three month period ended December 31, 1995 shall be reported,
compared to net income of $215,000, equal to $.08 per share, on net sales of
$3,580,000 during the comparable 1994 period.



                                  12b25-3

<PAGE>




                         ZING TECHNOLOGIES, INC.
- --------------------------------------------------------------------------------
                 (Name of Registrant as Specified in Charter)

      Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.

Date        February 15, 1996             By  s/ Martin S. Fawer
     -------------------------------        --------------------
                                            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


      Intentional misstatements or omissions of fact constitute Federal criminal
violations (see 18 U.S.C. 1001).


                                  12b25-4




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