| Business Summary | | Provell,
Inc.,
formerly
known
as
Damark
International,
Inc.,
operates
in
the
membership
services
business
under
the
name
Provell,
which
develops,
markets
and
manages
membership
and
customer
relationship
management
programs.
Provell's
proprietary
programs
provide
purchase
price
discounts
and
other
benefits
related
to
consumer
and
small
business
needs
in
areas
of
shopping,
travel,
hospitality,
entertainment,
health/fitness
and
finance.
The
Company's
existing
membership
value
propositions
include
Preferred
Buyers'
Club,
Insiders,
Vacation
Passport,
Great
Deal
Pack,
Essentials
For
Home,
Value
Plus,
Gift
Gallery,
Buyer's
Guard,
Budget
Savers,
Value
Access,
Rewards,
Traveler's,
Choice,
Small
Business
Alliance,
Buyers
Plus,
Cooking
In
Style,
Today's
Handyman,
Compass,
Wellspring,
1To1shopper.com
and
Explore
USA. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Provell,
Inc.,
a
marketing
solutions
provider,
brings
a
range
of
products,
programs
and
services
to
consumers
via
direct
mail,
telesales
and
the
Internet.
For
the
six
months
ended
6/30/01,
net
revenues
fell
3%
to
$67.7
million.
Net
loss
from
continuing
operations
before
accounting
change
applicable
to
Common
totaled
$24.9
million
vs.
an
income
of
$13.2
million.
Results
reflect
a
significant
build
up
of
deferred
revenues
and
increased
marketing
and
amortization
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| George Richards, 35 Chairman,
Pres, CEO | $814K | Kim Magneau CFO, Sr. VP | -- | Rodney Merry, 42 Sr.
VP and CIO | 471K | Michael Moroz, 36 Sr.
VP- Marketing Services | 589K | Dollar amounts are as of 31-Dec-1999 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
|
|