| Business Summary | | General
Magic,
Inc.
enables
businesses
to
develop
and
deploy
voice
applications
delivering
mobile
access
to
enterprise,
Internet
and
telecommunication
information
and
services.
The
Company
offers
an
open
VoiceXML-based
voice
platform
for
developing
and
deploying
voice
applications,
supported
by
speech
and
language
services
and
voice
hosting
services.
The
Company's
magicTalk
voice
platform
provides
a
fully
distributed
environment
designed
for
the
rapid
and
efficient
development
and
deployment
of
end-to-end
voice
solutions.
It
is
designed
to
permit
customers
their
choice
of
speech
recognition
and
text-to-speech
technologies
as
well
as
telephony
interfaces. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | General
Magic
is
a
voice
application
services
provider
to
leading
telecommunications,
enterprise
and
Internet
companies.
For
the
six
months
ended
6/30/01,
revenues
fell
55%
to
$2.2
million.
Net
loss
applicable
to
Common
fell
48%
to
$15
million.
Revenues
reflect
a
reduction
in
development
and
subscription
fees.
Lower
loss
reflects
cost
reductions
associated
with
the
discontinuation
of
the
myTalk
service
and
the
absence
of
a
$7.4
million
preferred
stock
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Steven Markman, Ph.D., 55 Chairman | $513K | Kathleen Layton, 53 Pres,
CEO, Director | -- | David Russian, 48 CFO | -- | Mary Doyle, 48 Sr.
VP of Bus. Affairs, Gen. Counsel and Sec. | 295K | Dennis Kilian Sr.
VP of Sales | -- | 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
|
|