SEC File Number: 0-24768


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 12B-25

                           NOTIFICATION OF LATE FILING

(Check One):      Form 10-K        Form 20-F        Form 11-K    |X|  Form 10-Q
                  Form N-SAR       Form N-CSR

                  For Period Ended:       March 31, 2005
                                   ------------------------------------
                  [   ] 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 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:__________________________________
________________________________________________________________________________


PART I -- REGISTRANT INFORMATION

Full Name of Registrant:            RAMP CORPORATION

Former Name if Applicable:

Address of Principal Executive Office (Street and number):  33 Maiden Lane

City, state and zip code:    New York, New York 10038

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 10-K, Form 20-F, 11-K or Form N-SAR, or portion
                  thereof, will be filed on or before the fifteenth calendar day
 [X]              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 Form 10-K,  11-K,  20-F, 10-Q,
N-SAR,  N-CSR or the transition  report or portion  thereof,  could not be filed
within the prescribed time period.

SEE ATTACHMENT A.


PART IV -- OTHER INFORMATION

(1)      Name and telephone number of person to contact in regard to this
         notification:

           Ronald Munkittrick             212               440-1575
           ------------------             ---               --------
                (Name)                (Area Code)      (Telephone Number)

                                                                 YES    No
(2)      Have all  other  periodic  reports  required  under
         Section 13 or 15(d) of the Securities  Exchange Act     [X]
         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 answer is no,
         identify report(s).

                                                                 YES    No
(3)      Is it anticipated  that any  significant  change in
         results of operations from the corresponding period            [X]
         for the last fiscal year will be  reflected  by the
         earnings  statements  to be  included  in  |X|  the
         subject report or portion thereof?


         If  so,  attach  an  explanation  of  the  anticipated   change,   both
         narratively and quantitatively,  and, if appropriate, state the reasons
         why a reasonable estimate of results cannot be made.

--------------------------------------------------------------------------------
                                Ramp Corporation
--------------------------------------------------------------------------------
                  (Name of Registrant as Specified in Charter)

has  caused  this  notification  to be signed on its  behalf by the  undersigned
hereunto duly authorized.

                                By:  /s/ Ronald Munkittrick
Date  May 17, 2005                   -------------------------------------------
      ----------------------         Ronald Munkittrick, Chief Financial Officer
                                     and Principal Accounting Officer

INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.

                                    ATTENTION

--------------------------------------------------------------------------------
   Intentional misstatements or omissions of fact constitute Federal Criminal
                        Violations (See 18 U.S.C. 1001).
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                                  ATTACHMENT A

PART III -- NARRATIVE

The Registrant is unable to file, without  unreasonable effort and expense,  its
Form 10-Q  Quarterly  Report for the period  ended  March 31,  2005  because its
auditors  have  not  yet  completed  their  review  of the  quarterly  financial
statements  due to the number and  complexity  of  certain  financing  and other
transactions entered into by the Registrant in the first quarter of 2005 and the
completion of the Registrant's own internal  review.  The Registrant's  auditors
are  finalizing  the review of the financial  statements,  and the Registrant is
finalizing its own internal  review,  and it is  anticipated  that the Form 10-Q
Quarterly Report,  together with the financial  statements,  will be filed on or
before the 5th calendar day following the prescribed due date of the Form 10-Q.