| | Business Summary | | Interlott
Technologies,
Inc.
is
engaged
primarily
in
the
design,
manufacture,
sale,
lease
and
service
of
instant
winner
lottery
ticket
vending
machines
(ITVMs).
ITVMs
are
used
by
public
lotteries
operated
by
states
and
international
public
entities
to
dispense
instant
winner
lottery
tickets
primarily
in
retail
locations
such
as
supermarkets
and
convenience
stores.
The
Company's
ITVMs
dispense
instant
lottery
tickets
directly
to
players,
thereby
permitting
the
retailer
or
agent
to
sell
tickets
without
disrupting
the
normal
duties
of
its
employees.
The
Company
also
provides
a
prepaid
phone
card-dispensing
machine
that
enables
providers
of
long
distance
telephone
service
to
dispense
prepaid
telephone
calling
cards
in
retail
locations
without
the
assistance
of
an
employee
of
the
retailer. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | ILI
designs,
manufactures,
sells,
leases
and
services
instant
lottery
ticket
vending
machines
(ITVMs);
and
prepaid
phone
card
dispensing
machines
(PCDMs)
that
enable
providers
to
dispense
prepaid
telephone
calling
cards
in
retail
locations.
For
the
six
months
ended
6/30/01,
sales
rose
9%
to
$23.1
million.
Net
income
fell
26%
to
$1.5
million.
Results
reflect
increased
sales
of
instant
ticket
vending
machines
offset
by
higher
costs
for
depreciation
and
replacement
parts. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| L. Rogers Wells, Jr., 63
Chairman | $350K | David Nichols, 39
Pres,
CEO | 220K | Dennis Blazer, 53
CFO | 119K | Thomas Stokes, 37
COO | 110K | Gary Bell, 50
Sec.,
Treasurer, | -- | | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/i/ili.gif)