SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549

                                  FORM 15

Certification and Notice of Termination of Registration under Section 12(g) of
the Securities Exchange Act of 1934 or Suspension of Duty to File Reports Under
Sections 13 and 15(d) of the Securities Exchange Act of 1934.


Commission File Number 0-20081

                PRUTECH RESEARCH AND DEVELOPMENT PARTNERSHIP III
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             (Exact name of registrant as specified in its charter)

One Seaport Plaza, 28th Floor, New York, NY 10292            (212) 214-3500
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(Address, including zip code, and telephone number, including area code, of
                 registrant's principal executive offices)

                        Units of Limited Partnership Interest
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                (Title of each class of securities covered by this Form)

                                       None
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   (Titles of all other classes of securities for which a duty to file reports
                  under section 13(a) or 15(d) remains)

     Please place an X in the box(es) to designate the appropriate rule
provisions(s) relied upon to terminate or suspend the duty to file reports:

             Rule 12g-4(a)(1)(i) [X]                  Rule 12h-3(b)(1)(ii) [ ]
            Rule 12g-4(a)(1)(ii) [ ]                   Rule 12h-3(b)(2)(i) [ ]
             Rule 12g-4(a)(2)(i) [ ]                  Rule 12h-3(b)(2)(ii) [ ]
            Rule 12g-4(a)(2)(ii) [ ]                      Rule 15d-6       [ ]
             Rule 12h-3(b)(1)(i) [X]

  Approximate number of holders of record as of the certification or notice
date:

  0
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  Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this certification/notice to be signed on its
behalf by the undersigned duly authorized person.

DATE: November 15, 1999                BY: /s/ Steven Carlino
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                                       Steven Carlino
                                       Vice President and
                                       Chief Accounting Officer
                                       for the Registrant