U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One):
[X] Form 10-K [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q [ ] Form N-SAR
For Period Ended: September 30, 1998
[ ] Transition Report on Form 10-K [ ] Transition Report on Form 10-Q
[ ] Transition Report on Form 20-K [ ] Transition Report on Form N-SAR
[ ] Transition Report on Form 11-K
For the Transition Period Ended: __________________________________
READ ATTACHED INSTRUCTION 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:
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PART I - REGISTRANT INFORMATION
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Full Name of Registrant: XATA Corporation
Former Name, if Applicable: Not Applicable
Address of Principal Executive Office (Street and Number):
151 East Cliff road, Suite 10
City, State and Zip Code
Burnsville, Minnesota 55337
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PART II - RULES 12b-25 (b) AND (c)
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If the subject report could not be filed without reasonable 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 annual report or semi-annual report, transition report on
Form 10-K, Form 20-F, 11-K or 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 or 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.
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PART III - NARRATIVE
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During the year ended September 30, 1998, the registrant experienced
significant negative developments including (i) the suspension of sales
of one its products, Desktop Dispatch, and the reversal of the related
revenues, and (ii) the under performance of certain of its non-core
operations. In light of these negative developments, management and its
audit firm are in the process of evaluating all of its assets and
allowances to ensure that any previously established allowances and
reserves remain sufficient. In addition, management is evaluating the
possible discontinuance of certain operations, the sale of related
assets and the potential impact of these actions on the registrant's
remaining operations, and its liquidity and capital resources. For
these reasons registrant is unable to complete the Form 10-KSB, by
December 30, 1998, without unreasonable effort or expense.
The Company expects to report a loss in the fourth quarter as well as
for the fiscal year ended September 30, 1998.
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PART IV - OTHER INFORMATION
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(1) Name and telephone number of person to contact in regard to this
notification
Gary C. Thomas 612.707.5648
(2) Have all or other periodic reports required under section 13 or 15(d)
of the Securities Exchange Act of 1934 or section 30 of the Investment
Company 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?
[ ] Yes [X] 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. See explanation below:
XATA Corporation
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: December 29, 1998 By /s/ Gary C. Thomas
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Gary C. Thomas, Chief Financial Officer
