ZING TECHNOLOGIES INC
NT 10-K, 1996-09-30
SEMICONDUCTORS & RELATED DEVICES
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                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

                                                  Commission File Number 0-14328

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

        For period ended               June 30, 1996
                         ---------------------------------------

[ ]  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
                                 -----------------------------------------------




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                                     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.)

        The  annual  report  could not be filed in a timely  manner due to minor
delays  in  completing  the  Registrant's  audited  financial  statements.  Such
financial statements are nearly complete and the Registrant is in the process of
"Edgarizing" its annual report.

                                            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)



                                     12b25-2


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        (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.

        Revenues and  earnings per share for the recently  ended fiscal year are
anticipated to increase to  approximately  $26,049,000  and $1.68 per share from
approximately $22,591,000 and $0.94 per share for the prior comparable year.

                                 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           September 27, 1996                 By  /s/ Martin Fawer
     -----------------------------                  ----------------------------
                                                          Martin Fawer, CFO

               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).

                                     12b25-3




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