-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BKsUetyvMZg4Qqt5NxBFhGIJvDD3x07hfGv+049daKSzFIytScAuC2vekgNsU4Lw igJWUzFWjM0TKzWrmuFmCg== 0000928385-00-001055.txt : 20000403 0000928385-00-001055.hdr.sgml : 20000403 ACCESSION NUMBER: 0000928385-00-001055 CONFORMED SUBMISSION TYPE: NT 10-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19991231 FILED AS OF DATE: 20000331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXENT TECHNOLOGIES INC CENTRAL INDEX KEY: 0001007997 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 870393420 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-K SEC ACT: SEC FILE NUMBER: 000-28100 FILM NUMBER: 591274 BUSINESS ADDRESS: STREET 1: 2400 RESEARCH BLVD STREET 2: STE 200 CITY: ROCKVILLE STATE: MD ZIP: 20850 BUSINESS PHONE: 3012585403 MAIL ADDRESS: STREET 1: 2400 RESEARCH BLVD STREET 2: SUITE 200 CITY: ROCKVILLE STATE: MD ZIP: 20850 NT 10-K 1 NT-10-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 12b-25 NOTIFICATION OF LATE FILING Commission File Number: 0-28100 ------- (Check One) [X]Form 10-K [ ]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 Instruction (on back page) 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: N/A PART I REGISTRANT INFORMATION Full Name of Registrant: AXENT Technologies, Inc. Former Name if Applicable: N/A Address of Principal Executive Office (Street and Number): 2400 Research Blvd., City, State, Zip Code: Rockville, Maryland 20850 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 box if appropriate) (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; (b) The subject annual report, semi-annual report, transition report on Form [x] 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 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 Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period: On February 23, 2000, the management of AXENT Technologies, Inc. dismissed PricewaterhouseCoopers LLP as AXENT's auditors after it was advised that PricewaterhouseCoopers did not meet requirements for "independence" in order to audit AXENT's consolidated financial statements at December 31, 1999 and for the year then ended. On February 23, 2000, AXENT's management engaged Ernst & Young LLP as its independent auditors to audit AXENT's consolidated financial statements at December 31, 1999 and for the year then ended. The events leading to the determination that PricewaterhouseCoopers was not "independent" for purposes of auditing AXENT's financial statements were beyond AXENT's control and could not be eliminated by AXENT. That unexpected change of auditors delayed completion of the audit of AXENT's consolidated financial statements for the fiscal year ended December 31, 1999 and the completion and filing of AXENT's Form 10-K for the year ended December 31, 1999. AXENT will file that Form 10-K no later than the 15th calendar day following the prescribed due date. PART IV OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification: Robert B. Edwards, Jr. 301 670-3516 (Name) (Area Code) (Telephone No.) ------ ----------- --------------- (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 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. AXENT 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: March 31, 2000 By: /s/ Robert B. Edwards, Jr. ------------------------------ Robert B. Edwards, Jr. Vice President and Chief Financial Officer
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