UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Form 12b-25
NOTIFICATION OF LATE FILING
FORM 10-Q FOR PERIOD ENDED: March 31, 1996
SEC FILE NUMBER: 33-15370-D
CUSIP NUMBER: 624297 10 7
PART I-REGISTRANT INFORMATION
Full Name: CUSA Technologies, Inc.
Address: 986 West Atherton Drive, Salt Lake City, Utah 84123
PART II-RULES 12B-25(b) AND (c)
The subject report could not be filed without unreasonable effort
or expense and the registrant seeks relief pursuant to Rule 12b-25.
The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or expense.
The subject annual report on Form 10-Q will be filed on or before
the fifth calendar day following the prescribed due date.
The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
Part III-Narrative
Stated below in reasonable detail are the reasons why Form 10-Q
could not be filed within the prescribed time period.
The Registrant's completion of three acquisitions within the
past three months has caused delays in completing the quarterly
accounting and consolidation of the financial results of the
acquired entities.
Part IV-Other information
(1) Please contact Jonathan S. Beckstrand at (801) 269-5085
in regards to this notification.
(2) All other periodic reports required under section 13 or
15(d) of the Securities Exchange Act of 1934 or Section 20 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) have been filed.
(3) It is anticipated that significant changes in results of
operations from the corresponding period will be reflected by the
earnings statements to be included in the subject report or
portions thereof as described below:
The Company has experienced significant revenue growth through
increased internal sales and acquisitions in the 12 month period
ended March 31, 1996. As a result, when compared with operations
for the three and nine months ended March 31, 1995, the operations
for the three and nine months ended March 31, 1996 will show
increased revenues and decreased net earnings. Including the effects
of the acquisition of Medical Computer Management, Inc. which was
treated as a pooling of assets for tax accounting purposes, net
revenues and income before income taxes were $9,375,185 and $719,363
respectively for the three months ended March 31, 1995 compared to
estimated net revenues and loss before income taxes of approximately
$10,500,000 and ($2,000,000) for three months ended March 31, 1996. For
the nine months ended March 31, 1995, net revenues and income before
income taxes was $22,618,690 and $1,640,427 respectively compared to
estimated net revenues and loss before income taxes of
approximately $34,300,000 and $1,300,000 for nine months ended
March 31, 1996). In the 12 month period ending March 31, 1996,
the Company's operations have changed significantly because of the
effects of several entities acquired during that period.
CUSA Technologies, Inc. has caused this notification to be signed
on its behalf by the undersigned hereunto duly authorized.
Date: May 15, 1996
By /s/ D. Jeff Peck
D. Jeff Peck, C.F.O.
