| Business Summary | | TELS
Corporation,
incorporated
in
February
1981,
through
its
wholly
owned
subsidiary,
TEL
electronics,
inc.
(TEL),
designs,
builds,
sells
and
services
microprocessor-based
computer
systems
for
telecommunications
applications
in
various
industries,
particularly
the
lodging
industry.
TEL's
diversified
line
of
telephone
call
management
products
are
also
used
in
business,
education
and
government
applications,
to
bill
and
record
telephone
system
usage.
TEL
also
supplies
interactive
voice
response
and
processing
systems
and
telecommunications
specialty
products.
TEL
distributes
its
proprietary
telecommunication
and
other
products
through
dealers,
distributors,
management
companies
and
national
account
organizations
throughout
the
United
States.
In
July
2001,
the
Company
sold
its
operations.
The
Board
of
Directors
is
seeking
a
merger
partner
for
the
TELS
shell
with
a
desire
to
be
public
and
a
future
potential
to
increase
shareholder
value. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TELS
designs,
manufactures
and
sells
telecommunications
/call
accounting
products
to
hotels,
motels,
and
small
businesses.
TELS
also
provides
contract
production
and
assembly
services
for
computer
and
electronic
companies.
For
the
three
months
ended
3/01,
revenues
fell
8%
to
$563
thousand.
Net
income
from
continuing
operations
totaled
$17
thousand,
up
from
$8
thousand.
Revenues
reflect
the
effects
of
a
general
economic
slowdown.
Net
income
reflects
lower
S/G/A
costs. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| John Gunter, 63 Chairman,
CEO, Pres | $161K | R. James Taylor, 42 Exec.
VP, CTO | -- | Sean Gunter, 34 VP | -- | Lawrence Palmer, 51 Controller | -- | P. Diane Gunter, 60 Sec.,
Director | -- | 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
|
|