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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
Commission File Number 000-30522
NOTIFICATION OF LATE FILING
(Check One) [X] Form 10-KSB [ ]Form 20-F [ ]Form 11-K [ ]Form 10-Q [ ]Form N-SAR
For Period Ended: December 31, 1999
[ ] 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: _____________
READ ATTACHED INSTRUCTION SHEET BEFORE PREPARING FORM. PLEASE PRINT OR TYPE
Nothing in the 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
CEREUS TECHNOLOGY PARTNERS, INC.
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Full Name of Registrant
Former Name if Applicable
1000 ABERNATHY ROAD, SUITE 1000
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Address of Principal Executive Office (STREET AND NUMBER)
ATLANTA, GEORGIA 30328
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City, State and Zip Code
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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 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 Form 10-KSB, Form 20-F, 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-KSB, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed with the
prescribed time period. (Attach extra sheets if needed)
The Registrant is unable to file its Annual Report on Form 10-KSB for
the year ended December 31, 1999 in a timely manner without
unreasonable effort or expense due to recent changes in its senior
management, which has delayed the finalization and preparation of the
Registrant's financial statements and other information to be provided
to the Registrant's recently engaged accountants, KPMG LLP, in
connection with its audit of the Registrant's financial statements for
the year ended December 31, 1999. Specifically, Steven A. Odom became
the Chairman and Chief Executive Officer of the Registrant effective as
of January 10, 2000, Juliet M. Reising became the Chief Financial
Officer of the Registrant effective as of March 23, 2000, and the
Registrant engaged KPMG LLP effective as of February 10, 2000. The
Registrant's previous accounting firm resigned on December 10, 1999.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Steven A. Odom (770) 668-0900
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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
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period that the registrant was required to file such reports been
filed? If 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:
Due to the significant changes in the Registrant's operations
resulting from acquisitions completed during the year ended
December 31, 1999, the Registrant anticipates that its results
of operations for such year will be significantly different
from its results of operations for the year ended December 31,
1998. Due to the recent changes in the Registrant's senior
management and accounting firm and the resulting delay in the
finalization and preparation of the Registrant's financial
statements and other information, as noted above, the
Registrant is unable to accurately provide a reasonable
estimate of its results of operations for the year ended
December 31, 1999.
CEREUS TECHNOLOGY PARTNERS, 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: March 31, 2000 By: /s/ Steven A. Odom
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Steven A. Odom
Chairman and Chief Executive Officer
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