<PAGE>   1
                                    FORM 10-Q

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF

                     THE SECURITIES AND EXCHANGE ACT OF 1934

                  FOR THE QUARTERLY PERIOD ENDED JUNE 30, 1998

                                       OR

          [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

                                  EXCHANGE ACT

For the transition period from

COMMISSION FILE NUMBER: 0-12113

                         CONNECTIVITY TECHNOLOGIES INC.
               --------------------------------------------------
               (Exact name of issuer as specified in its charter)

           Delaware                                      94-2691724
-------------------------------             ------------------------------------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)

                    680 Mechanic Street, Leominster, MA 01453
                    -----------------------------------------
                    (Address of principal executive offices)

                                 (978) 537-9138
                           ---------------------------
                           (Issuer's telephone number)

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act of 1934 during the preceding 12 months (or for
such shorter period that the registrant required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.

                   Yes  X                  No 
                       ---                    ---

State the number of shares outstanding of each of the issuer's classes of common
equity as of the latest practicable date: 5,565,256 shares of Common Stock, par
value. $.04 per share, outstanding as of September 1, 1998.

<PAGE>   2
                         CONNECTIVITY TECHNOLOGIES INC.

                                      INDEX

<TABLE>
<CAPTION>
                                                                        Page No.
<S>                                                                     <C>

PART I - FINANCIAL INFORMATION

Item 1.    Condensed Consolidated Balance Sheets
             as of June 30,1998 and December 31, 1997.................     3

           Condensed Consolidated Statement of Operations
             for the Three and Six Months Ended June 30, 1998.........     4

           Condensed Consolidated Statement of Cash Flows
             for the Six Months Ended June 30, 1998...................     5

           Notes to Condensed Consolidated Financial Statements.......     6

Item 2.    Management's Discussion and Analysis of Financial
             Condition and Results of Operations......................    10

PART II - OTHER INFORMATION

Item 6.    Exhibits and Reports on Form 8-K...........................    14

</TABLE>

<PAGE>   3
                         CONNECTIVITY TECHNOLOGIES INC.
                      CONDENSED CONSOLIDATED BALANCE SHEETS
                                   (UNAUDITED)


<TABLE>
<CAPTION>
                                                JUNE 30, 1998  DECEMBER 31, 1997
                                               --------------  -----------------
<S>                                             <C>               <C>
                      ASSETS
CURRENT ASSETS
 Cash                                          $     569,737     $     245,843
 Marketable securities                             2,833,331         3,127,012
 Accounts receivable:
  Trade, net                                       6,118,633         5,883,728
  Other                                               14,035           119,093
 Inventories, net                                  2,687,937         2,322,720
 Prepaid expenses and other current assets           147,567           190,287
 Current assets held for sale, net                 4,540,153         5,171,851
                                               -------------     -------------
   Total current assets                           16,911,393        17,060,534

Property, plant and equipment, net                 6,796,445         6,593,167
Deposits and other noncurrent assets                 118,890            95,105
Goodwill and intangible assets, net                6,361,388         6,514,908
Noncurrent assets held for sale                    4,051,890         4,022,938
                                               -------------     -------------
   Total assets                                $  34,240,006     $  34,286,652
                                               =============     =============

                   LIABILITIES

CURRENT LIABILITIES
 Long term, in default                           $17,655,000       $12,300,000
 Subordinated notes, in default                    5,650,000         6,000,000
 Trade accounts payable                            4,335,535         4,492,397
 Accrued compensation and commissions                448,153           295,996
 Federal and state income taxes payable              591,936         3,356,314
 Accrued liabilities                               1,342,061         3,300,915
                                               -------------     -------------
   Total current liabilities                      30,022,685        29,745,622

        STOCKHOLDERS' EQUITY

Preferred stock - par value $.01 per share;
 authorized 10,000,000 shares, none issued
Series B Common Stock -
 par value $.04 per share;
 authorized 750,000 shares, none issued
Common Stock - par value $.04;
 authorized 20,000,000 shares,
 outstanding 5,565,256 shares                        230,874           230,874
Additional paid-in capital                       109,336,244       109,336,244
Accumulated deficit                             (105,763,863)     (105,635,869)
Less 206,601 shares held in treasury, at cost         (8,264)           (8,264)
Unrealized gain on marketable security,
 net of income tax                                   422,330           618,045
                                               -------------     -------------
   Total stockholders' equity                      4,217,321         4,541,030
                                               -------------     -------------

   Total liabilities and stockholders' equity  $  34,240,006     $  34,286,652
                                               =============     =============
</TABLE>


See Accompanying Notes to Condensed Consolidated Financial Statements



                                       3

<PAGE>   4
                         CONNECTIVITY TECHNOLOGIES INC.
                   CONDENSED CONSOLIDATED STATEMENT OF INCOME
                                   (UNAUDITED)


<TABLE>
<CAPTION>
                                             SIX MONTHS ENDED   THREE MONTHS ENDED
                                              JUNE 30, 1998        JUNE 30,1998
                                             ----------------   ------------------
<S>                                          <C>                <C>

Net sales                                      $ 24,609,935        $ 12,806,230

Cost of goods sold                               19,453,276           9,815,904
                                               ------------        ------------

Gross profit                                      5,156,659           2,990,326

Selling, general and administrative expenses      4,345,172           2,290,539
                                               ------------        ------------

Operating income                                    811,487             699,787

Other income (expense):
   Interest income                                    1,309
   Interest expense                                (973,713)           (522,198)
   Other                                             38,072              27,992
                                               ------------        ------------
                                                   (934,332)           (494,206)
                                               ------------        ------------
Income (loss) from continuing operations
   before income taxes                             (122,845)            205,581

Income taxes                                         43,300              43,300
                                               ------------        ------------

Income (loss) from continuing operations           (166,145)            162,281

Discontinued operations:
  Gain on sale, net of income taxes                  38,151                   0
                                               ------------        ------------

Net income (loss)                              $   (127,994)       $    162,281
                                               ============        ============

Basic and diluted income (loss) per share
    Continuing operations                      $      (0.03)       $       0.03
    Discontinued operations                            0.01
                                               ------------        ------------
                                               $      (0.02)               0.03
                                               ============        ============

Weighted average shares outstanding               5,565,256           5,565,256

</TABLE>


See Accompanying Notes to Condensed Consolidated Financial Statements



                                        4

<PAGE>   5
                         CONNECTIVITY TECHNOLOGIES INC.
                 CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
                                   (UNAUDITED)

                     FOR THE SIX MONTHS ENDED JUNE 30, 1998


<TABLE>
<CAPTION>
<S>                                                              <C>

OPERATING ACTIVITIES
 Loss from continuing operations                                 $  (166,145)
 Adjustments to reconcile income from continuing
  operations to cash used in operating activities:
   Depreciation and amortization                                     825,292
   Changes in assets and liabilities:
     Accounts receivable, net                                       (129,847)
     Inventories, net                                               (365,217)
     Prepaid expenses, deposits and other assets                      18,935
     Current assets held for sale, net                               631,698
     Trade accounts payable                                         (156,862)
     Federal and state income taxes payable                       (2,764,378)
     Accrued liabilities                                          (1,768,546)
                                                                 -----------
         Net cash used in operating activities                    (3,875,070)
                                                                 -----------

INVESTING ACTIVITIES
 Purchases of property, plant and equipment                         (743,411)
 Sales of marketable securities                                       97,966
 Purchases of property, plant and equipment, held for sale          (160,591)
                                                                 -----------
         Net cash used in investing activities                      (806,036)
                                                                 -----------

FINANCING ACTIVITIES
 Proceeds from long-term borrowings                                5,355,000
 Repayment of subordinated debt                                     (350,000)
                                                                 -----------
         Net cash provided by financing activities                 5,005,000
                                                                 -----------

Net increase in cash                                                 323,894
Cash at beginning of period                                          245,843
                                                                 -----------

Cash at end of period                                            $   569,737
                                                                 ===========
</TABLE>


See Accompanying Notes to Condensed Consolidated Financial Statements



                                        5

<PAGE>   6
                         CONNECTIVITY TECHNOLOGIES INC.
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                  JUNE 30, 1998
                                  (UNAUDITED)



Note 1 - Condensed Consolidated Financial Statements:

     The Condensed Consolidated Financial Statements included herein have been
prepared by Connectivity Technologies Inc. ("CTI" or "the Company") without
audit, pursuant to the rules and regulations of the Securities and Exchange
Commission. Certain information and footnote disclosures normally included in
financial statements prepared in accordance with generally accepted accounting
principles have been condensed or omitted pursuant to such rules and
regulations, although the Company believes the disclosures which are made are
adequate to make the information presented not misleading. Further, the
Condensed Consolidated Financial Statements have been prepared in accordance
with generally accepted accounting principles for interim financial information,
the instructions to Form 10-Q and Regulation S-K and reflect, in the opinion of
management, all adjustments of a normal recurring nature necessary to present
fairly the financial position and results of operations as of and for the
periods indicated.

     The preparation of financial statements in conformity with generally
accepted accounting principles requires management to make estimates and
assumptions that affect the reported amounts of assets and liabilities and
disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenues and expenses during the
reporting period. Actual results could differ from those estimates.

     These Condensed Consolidated Financial Statements should be read in
conjunction with the Consolidated Financial Statements and the Notes thereto
included in CTI's Annual Report on Form 10-KSB for the year ended December 31,
1997.

     The accompanying condensed consolidated financial statements have been
prepared assuming that the Company will continue as a going concern, which
contemplates the realization of assets and the satisfaction of liabilities in
the normal course of business. The Company incurred a loss in 1997 and for the
six months ended June 30, 1998 and has a working capital deficiency. Also, as
further described in Note 4, the Company has negotiated an amendment to its
revolving credit and term loan facility, under which, among other things, all
amounts outstanding are to become due on November 30, 1998. These conditions
raise substantial doubt about the Company's ability to continue as a going
concern.

     Management's plans to resolve these matters presently include the sale of
the Company's Energy Electric Assembly (EEA) division (see note 6). On September
16, 1998, the Company entered into a letter of intent with a buyer. If a sale is
successfully consummated, the proceeds from the sale would be applied against
the outstanding balance due under the revolving credit facility and the Company
would seek to refinance or amend its credit facility in order to extend the
repayment terms. In addition, the Company has recently formed a new management
team, replacing some key managers, and is currently making changes in its
operations in order to improve profitability and to



                                       6
<PAGE>   7
generate sufficient cash flow to meet its obligations. Operational changes
include, but are not limited to, focusing solely on the BSCC division following
the sale of EEA, the installation of new machinery which will augment existing
product lines and the implementation of a new costing system which should enable
the Company to better analyze the profitability of its product lines.

     There can be no assurance that management will be successful in its efforts
to sell the EEA division at a price acceptable to the Board of Directors.
Further, there can be no assurance that management will be successful in its
efforts to refinance or amend its credit facility at commercially available
rates and with favorable repayment terms, or carry out its operational plan. If
the Company's efforts are not successful, the lenders would be in a position to
commence legal proceedings against the Company for the repayment of the entire
debt, plus certain amounts, and to proceed against the Company's assets. The
accompanying condensed consolidated financial statements do not include any
adjustments to reflect the possible future effects on the recoverability and
classification of assets or the amounts and classification of liabilities that
may result from the outcome of these uncertainties.

Note 2 - Comparative 1997 Financial Statements

     The accompanying condensed consolidated statements of income and cash flows
do not include comparative information for the corresponding periods of the
preceding year. The Company disclosed in its annual report on Form 10-KSB for
the year ended December 31, 1997, that several significant adjustments,
increasing the 1997 loss from continuing operations by approximately $14,447,000
and increasing the gain on sale of discontinued operations by approximately
$3,483,000, were recorded during th fourth quarter of 1997. The Company is in
the process of estimating the effect of these adjustments on previously reported
results of operations for each quarter of 1997. When its analysis is complete,
the Company will file an amended Form 10-Q for the quarter ended June 30, 1998,
to present restated financial statements for the comparable 1997 periods.

Note 3 - Nature of Operations and Basis of Presentation

     The primary business of the Company is the manufacture and sale of wire and
cable products. The major market served by the Company is industrial (commercial
and residential security, factory automation, traffic and transit signal control
and audio systems).

     The Company's second quarter and year to date 1998 condensed consolidated
financial statements include the accounts of CTI and operations of its of 85%
owned subsidiary (see Note 5) Connectivity Products Incorporated ("CPI"). All
significant intercompany accounts and transactions have been eliminated in
consolidation.

     Certain reclassifications of amounts reported in the accompanying
December 31, 1997, Condensed Consolidated Balance Sheet have been made to permit
comparison with June 30, 1998 classifications.



                                       7
<PAGE>   8
Note 4 - Revolving Credit and Term Loan Facility

     On July 10, 1998, the Company's subsidiary, CPI, failed to make a required
payment of approximately $5,000,000 due on its revolving credit and term loan
facility. The loan balance was reduced by approximately $2,050,000 in August
1998, with proceeds received from the sale of marketable securities. On
September 1, 1998, CPI and its lenders finalized a Forbearance Agreement and
Tenth Amendment (the "Agreement") to the existing loan agreement. Under the
terms of the Agreement, the maximum principal balance was reduced from
$20,000,000 to $17,946,680, reflecting the sale of the marketable securities
discussed above. Proceeds from the sale of one of CPI's operating divisions also
are to be used to repay outstanding borrowings (see note 6). The terms of the
Agreement provide that it will expire on November 30, 1998, at which time all
outstanding borrowings will become payable. Interest is to accrue at the bank's
base rate (8.5% at September 1, 1998) plus 2%. The Agreement contains various
financial and operating covenants including meeting monthly minimum EBITDA
requirements, maintaining the overadvance amount within certain predetermined
levels, and limiting capital expenditures to a specific agreed upon amount. In
the event of any default, interest is to accrue at the bank's base rate plus 6%.

Note 5 - Subordinated Debt

     On June 30, 1998, four stockholders assigned all of their rights, title and
interest in their subordinated notes ($3,352,800 plus accrued interest of
approximately $166,000), outstanding common stock of CPI (64 shares,
representing 8% of the total outstanding common stock of CPI) and outstanding
stock options of CTI (114,705 options) to CPI and CTI. In exchange, the Company
has agreed not to assert any claims concerning any matters against these former
stockholders. The agreement required consents, which were received in July 1998,
from outside third parties.

     On August 26,1998 the Company entered into an agreement with another
stockholder pursuant to which the stockholder transferred to CTI and CPI
subordinated notes of $1,414,600 plus accrued interest of approximately $94,000,
33.7941 shares of common stock of CPI (representing 4.41% interest of the
oustanding common shares of CPI), 90,669 stock options of CTI and cash $325,000.
This agreement required consents from outside third parties, which were received
in September 1998.

     The agreements have reduced the balance of subordinated notes payable to
$882,600 at August 26, 1998.

Note 6 - Assets Held for Sale

     The Company has concluded a letter of intent with a buyer for its Energy
Electric Assembly (EEA) division and, accordingly, has classified the assets of
EEA as Assets Held for Sale in the accompanying condensed consolidated balance
sheet. Net sales of the division approximated $7.5 million and $3.8 million for
the six and three month periods ended June 30, 1998, respectively. Net proceeds
after income taxes received from the sale of the division are to be used to
repay outstanding indebtedness.

Note 7 - Inventories



                                       8
<PAGE>   9

     Inventories consist of the following:

                                     June 30, 1998     December 31, 1997
                                     -----------------------------------

     Raw materials                     $  905,536         $  971,596
     Work in process                      758,950            320,101
     Finished goods                     1,023,451          1,031,023
                                       -----------------------------

                                       $2,687,937         $2,322,720
                                       =============================

Note 8 - Comprehensive Income (Loss)

     As of January 1, 1998, the Company adopted FASB Statement No. 130,
Reporting Comprehensive Income (Statement 130). Statement 130 established new
rules for the reporting and display of comprehensive income and its components.
Statement 130 requires unrealized gains or losses on the Company's
available-for-sale securities which, prior to adoption, were reported separately
in stockholders' equity, to be included in other comprehensive income. During
the six and three month periods ended June 30, 1998, total comprehensive
income(loss) amounted to ($323,709) and $281,329 and consisted of the following:

                                                  Six Months      Three Months
                                                  ----------------------------
     Net income(loss)                             $(127,994)         $162,281
     Unrealized gain (loss) on investments         (195,715)          119,048
                                                  ---------------------------

                                                  $(323,709)         $281,329
                                                  ===========================

Note 9 - Marketable Securities

     Marketable securities with a fair value of approximately $2,833,000 at
June 30, 1998, were sold during August 1998. Net proceeds of approximately
$2,050,000 received from the sale were used to reduce outstanding borrowings
(see Note 4).

Note 10 - Discontinued Operations

     Income from discontinued operations of $38,151 recognized during 1998
resulted from the final settlement of the sale price of the Company's Energy
Electric Cable division, which was sold in 1997.



                                       9
<PAGE>   10
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS
JUNE 30, 1998

The primary business of Connectivity Technologies Inc. (the "Company" or "CTI")
is the manufacture and sale of wire and cable products. The major market
served by the Company is industrial (commercial and residential security,
factory automation, traffic and transit signal control and audio systems).

Before acquiring 85% of the common stock of Connectivity Products Incorporated
("CPI") as of May 31, 1996, the Company's principal activity consisted of
seeking and evaluating candidates for acquisition. The Company's goals are to
grow internally through capacity expansions and product line extensions.

RESULTS OF OPERATIONS

Operating results for the periods ended June 30, 1997 are not available at the
time of this filing (see Note 2 of Notes to Condensed Consolidated Financial
Statements). When the information becomes available upon the Company's
completion of its analysis of significant 1997 fourth quarter adjustments and
the related effect on previously reported results of operations, this discussion
will be amended to include a comparison of the results of operations for the
periods ended June 30, 1998, with those of the corresponding periods of the
preceding year. Because comparative information for 1997 is not available, the
following discussion compares operations for the six and three month periods
ended June 30, 1998, to the year ended December 31, 1997 and the three months
ended June 30, 1998 to the three months ended March 31, 1998.

SIX AND THREE MONTH PERIODS ENDED JUNE 30, 1998 COMPARED TO YEAR ENDED
DECEMBER 31, 1997

Gross profit as a percent of net sales increased to 21.0% year to date and 23.4%
during the quarter from 15.1% for the preceding year. The increase is
attributable principally to changes in product mix, increased manufacturing
efficiencies inherent in new machinery acquired and new manufacturing and
scheduling processes implemented by management. Stabilization of copper prices
over the three and six month periods also are reflected in improved gross margin
performance; whereas in 1997 decreases in copper commodity prices, which are
directly related to sales prices, lowered gross margins. Increases in net sales
at the Company's BSCC division also increased gross margins by spreading the
fixed costs of that division's manufacturing facilities over a broader base.

Selling, general and administrative expense decreased to 17.7% and 17.9% of net
sales for the six and three month periods ended June 30, 1998, respectively,
compared to 25.0% for the year ended December 31, 1997. The decrease is
attributable to a number of factors including bonuses and severance payments
made to former management and directors in 1997; write off of deferred debt
issuance costs of approximately $460,000 in 1997; greater professional fees in
1997;



                                       10
<PAGE>   11
increased sales which on a percentage basis reduces the fixed cost component;
and cost-saving measures instituted by current management.

The average interest rate approximated 9.2% and 9.4% for the three and six month
periods ended June 30, 1998, as compared to 8.6% for the year ended December 31,
1997. The increase in interest rates is attributable to the Company no longer
being able to utilize the preferential LIBOR interest rates in the quarter ended
June 30, 1998.

Income tax expense represents provision for state income taxes which can not be
offset with net operating loss carryforwards.

THREE MONTHS ENDED JUNE 30, 1998 COMPARED TO THREE MONTHS ENDED MARCH 31, 1998

Gross profit as a percent of net sales increased to 23.4% during the quarter
from 18.4% for the preceding quarter. The increase is attributable principally
to changes in product mix with the elimination of low margin products and the
addition of new cost effective insulation systems. Other contributing factors
include a change in the pricing structure, increased manufacturing efficiencies
inherent in new machinery acquired and new manufacturing and scheduling
processes implemented by management, and more effective negotiations with
suppliers. Stabilization of copper prices and improved methods for the purchase
of copper rod over the three month period also are reflected in improved gross
margin performance. Increases in net sales at the Company's BSCC division also
increased gross margins by spreading the fixed costs of that division's
manufacturing facilities over a broader base.

Selling, general and administrative expense increased to 17.9% of net sales
during the quarter compared to 17.4% for the preceding quarter.

The average interest rate approximated 9.2% for the three month period ended
June 30, 1998, as compared to 8.8% for the three months ended March 31, 1998.
The increase in interest rates is attributable to the Company no longer being
able to utilize the preferential LIBOR interest rates in the quarter ended June
30, 1998.

Income tax expense represents provision for state income taxes which can not be
offset with net operating loss carryforwards.

FINANCIAL CONDITION AND LIQUIDITY

The accompanying statement of cash flows for the six months ended June 30, 1998
reports cash used in operating activities of approximately $3,875,000. Included
in the determination of cash flows from operating activities are tax payments of
approximately $2,700,000 related to the taxable gain realized on the sale of its
Energy Electric Cable division in 1997. These tax payments were financed with
proceeds from long-term borrowings. Increased inventory levels resulted in
approximately $365,000 of cash flows used in operating activities, primarily
caused by an inventory build since December 31, 1997. This is a normal trend as
inventories were reduced in anticipation of a plant shut down during the
holidays. A decrease in assets held for sale resulted in approximately $ 632,000
of cash flows



                                       11
<PAGE>   12
provided by operating activities, primarily as a result of a decrease in
accounts receivable at EEA due to improved collection efforts. Decreased accrued
liabilities used approximately $1,769,000 in operating cash flows, primarily
caused by a change in terms to essentially cash-on-delivery for a major copper
supplier and a pay-down of accrued professional fees.

Purchased manufacturing equipment for the BSCC division accounted for
approximately $743,000 of the cash used in investing activities. Proceeds from
long-term debt borrowings accounted for $5,355,000 of cash flows provided by
financing activities. These borrowings were used for the payment of $2,884,000
in taxes, the purchase of equipment, the prepayment of subordinated debt, and
the financing of working capital.

As described in Note 4 of the accompanying Notes to Condensed Consolidated
Financial Statements, the Company has negotiated a Forbearance Agreement and
tenth amendment to its revolving credit facility, which to date has been the
Company's principal external source of capital. The terms of the new agreement
extend the existing facility to November 30, 1998. The Company intends to enter
into discussions with its lender regarding further financing beyond this date.
However, no assurances can be given that the Company will be successful in
obtaining financing with its current lender beyond November 30, 1998, or from
any other source. If the Company is not successful in obtaining other financing
beyond November 30, 1998 the lenders would be in a position to commence legal
proceedings against the Company for the repayment of the entire debt plus
certain other amounts, and to proceed against the Company's assets. These
conditions raise substantial doubt about the Company's ability to continue as a
going concern.

At June 30, 1998 the Company had $5,650,000 of subordinated notes payable
outstanding which had been issued in 1996 for the redemption of stock in
connection with the acquisition of CPI. On June 30, 1998 four stockholders of
the Company assigned all of their rights, title, and interest in their
subordinated notes ($3,352,800), outstanding common stock of CPI (64 shares,
representing 8% of the total outstanding common stock of CPI) and outstanding
stock options of CTI (114,705 options) to CPI and CTI. The assignment was
finalized in July 1998 upon receipt of required consents from outside third
parties. On August 26, 1998, the Company entered into an agreement with another
stockholder pursuant to which the stockholder transferred to CPI and CTI
subordinated notes of $1,414,600, 33.7941 shares of common stock of CPI
(representing 4.41% of the outstanding common shares of CPI), 90,669 outstanding
stock options of CTI and cash of $325,000. These agreements have reduced the
balance of subordinated notes payable to $882,600 at August 26,1998.

SAFE HARBOR PROVISION OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

The statements contained in Item 2 (Management's Discussion and Analysis of
Financial Condition and Results of Operations) that were not historical facts
may be forward-looking statements. Whenever possible, the Company has identified
these forward-looking statements by words such as "believes", "plans",
"intends", and similar expressions. The Company cautions readers that these
forward-looking statements are subject to a variety of risks and uncertainties
that could cause the Company's actual results in the remainder of 1998 and
beyond to differ



                                       12
<PAGE>   13
materially from those expressed in any forward-looking statements made by, or on
behalf of, the Company. These risks and uncertainties are more fully described
in the Company's filings with the Securities and Exchange Commission including,
without limitation, general economic and business conditions affecting the
industries of the Company's customers, competition from other manufacturers and
assemblers that have greater financial, technical, and marketing resources than
the Company, the Company's ability to adequately address its going concern
issues in a timely matter including, without limitation, its ability to sell
EEA, reduce its debt, and negotiate a longer term credit facility.










                                       13
<PAGE>   14

PART II - OTHER INFORMATION

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(a)  Exhibits

Exhibit No.                  Description of Document
-----------                  -----------------------

10.1          Ninth Amendment to Amended and Restated Revolving Credit and Term
              Loan Agreement, dated as of April 30, 1998, by and among
              Connectivity Products Incorporated, NBD Bank and BankBoston.

27            Financial Data Schedule

(b)   Reports on Form 8-K

     On June 30, 1998, the Registrant filed a Current Report on Form 8-K in
connection with its expected financial results to be reported on Form 10-KSB for
the fiscal year ended December 31, 1997 and the conclusion of an amended secured
credit agreement with its lenders effective June 2, 1998. The Registrant also
disclosed its intention to sell its Energy Electric Assembly division with the
proceeds to be used for debt repayment.












                                       14
<PAGE>   15
                                   SIGNATURES

     In accordance with the requirements of the Securities Exchange Act of 1934,
the Registrant has caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                CONNECTIVITY TECHNOLOGIES INC.

Date: September 17, 1998        By: /s/ James M. Hopkins
                                    -------------------------------------------
                                    James M. Hopkins
                                    President and Chief Executive Officer (as a
                                    duly authorized officer of the Registrant)

                                By: /s/ George H. Buckham
                                    -------------------------------------------
                                    George H. Buckham
                                    Corporate Controller and Secretary
                                    (as the principal accounting officer
                                    of the Registrant)











                                       15