U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                             SEC File Number 0-26826
                            CUSIP Number 038 153 10-2

                                   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: December 31, 1997

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                Nothing in this Form shall be construed to imply
                that the Commission has verified any information
                                contained herein.
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         If the notification relates to a portion of the filing checked
       above, identify the Item(s) to which the notification relates: N/A

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Part I - Registrant Information

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      Full Name of Registrant:  Applied Computer Technology, Inc.

      Former Name if Applicable:  N/A

      Address of Principal Executive Office (Street and Number)

              2573 Midpoint Drive

      City, State and Zip Code

              Fort Collins, Colorado  80525

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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  unreasonable  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;



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[X] (b) The subject annual report/portion thereof will be filed on or before the
fifteenth  calendar  day  following  the  prescribed  due date;  or the  subject
quarterly  report/portion  thereof will be filed on or before the fifth calendar
day following the prescribed due date; and

[X] (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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      State below in reasonable detail the reasons why the Form 10-K, ll-K, 20-F
or 10-Q,  N-SAR, or the transition  report or portion thereof could not be filed
within the prescribed time period.

      The  Company's  financial  statements  will not be  completed by March 31,
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
 William T. Hart              (303)                    839-006l
     (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 during the preceding
              12 months (or for such shorter period
              that the registrant was required to
              file such reports) been filed?  If
              answer 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

              It is expected that the Company will have
              a loss of  approximately $5,000,000 for the
              year ending December 31, 1997.


<PAGE>



                        Applied Computer Technology, 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 30, 1998                          By /s/ Wiley E. Prentice, Jr.
                                                --------------------------
                                               Wiley E. Prentice, Jr., President


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                                    ATTENTION

      Intentional misstatements or omissions of fact constitute Federal Criminal
      Violations (See 18 U.S.C. 1001).
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<PAGE>



                              HEIN & ASSOCIATES LLP
                            Certified Public Accounts
                           7l7 l7th Street, Suite l600
                           Denver, Colorado 80202-3330


March 30, l998


Securities and Exchange Commission
Washington, D.C.  20549

              Re:    Applied Computer Technology, Inc.

Gentlemen:

              We confirm that the audit of Applied Computer Technology,  Inc. is
not yet completed  and cannot be completed by the required  filing date of March
3l, l998 without unreasonable cost and effort.

Sincerely,


HEIN & ASSOCIATES LLP