| Business Summary | | Compressent
Corporation
develops
digital
image
coding
and
data
compression
software
products
that
will
enable
the
facsimile
transmission
of
color
images
from
computers
equipped
with
the
Company's
software
programs.
Chromafax
is
the
communications
software
program
designed
to
allow
facsimile
transmission
of
color
images.
It
incorporates
the
new
international
standard
for
color
faxing
established
by
the
International
Telecommunications
Union
(ITU)
and
includes
the
Joint
Photographic
Experts
Group
(JPEG)
standard
for
image
compression.
It
enables
users
to
send
and
receive
color
faxes
to
and
from
their
personal
computer. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CSNE
is
engaged
in
the
development
of
digital
image
coding
and
data
compression
software
products
which
will
enable
the
facsimile
transmission
of
color
images
from
computers.
For
the
nine
months
ended
6/98,
revenues
totalled
$85
thousand
vs.
none.
Net
loss
rose
85%
to
$6.5
million.
Results
reflect
increased
sales,
offset
by
higher
employees
and
consultants
costs,
warrants
issued
in
exchange
for
services,
and
legal
costs
related
to
lawsuit
against
Color
Communications
Corp. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | E. Kalinoski, 42 | Chairman | Won-Gil Choe, 65 | Pres
and CEO | John McCracken, 34 | VP-
OEM Sales |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|