| Business Summary | | On
Command
Corporation
(OCC)
is
a
provider
of
in-room,
on-demand
video
entertainment
and
information
services
to
the
domestic
lodging
industry.
OCC
is
a
holding
company
whose
principal
assets
are
On
Command
Video
Corporation,
SpectraVision,
Inc.
and
On
Command
Development
Corporation.
OCC
provides
in-room
video
entertainment
and
information
services
on
three
technology
platforms:
the
OCX
video
system,
the
OCV
video
system
and
the
SpectraVision
video
system.
The
OCX
video
system
provides
enhanced
multimedia
applications,
including
a
graphical
interface
for
movies
and
games,
television-based
Internet
with
a
wireless
keyboard
and
other
guest
services.
The
OCV
video
system
is
a
video
selection
and
distribution
technology
platform
that
allows
hotel
guests
to
select,
at
any
time,
movies
and
games
through
television
sets
in
their
hotel
rooms.
The
SpectraVision
video
system
provides
in-room
movie
entertainment
on
a
rolling
schedule
basis,
and
in
some
upgraded
variations,
on
an
on-demand
basis. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | On
Command
Corp.
is
a
holding
company
whose
subsidiaries
provide
in-room
video
entertainment
and
information
services.
As
of
12/00,
the
Company
had
more
than
800
thousand
rooms
installed
with
the
OCV
platform.
For
the
six
months
ended
6/30/01,
total
revenues
fell
4%
to
$125.6
million.
Net
loss
totaled
$40.2
million,
up
from
$11.5
million.
Results
reflect
cutbacks
in
business
travel,
higher
net
interest
expense
and
$11.4
million
in
relocation
and
restructuring
charges. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Carl Vogel, 42 | Chairman | Chris Sophinos | Pres | William Myers | CFO,
Exec. VP | Gary Armstrong, 54 | COO,
Exec. VP | Jerry Hodge, 58 | Sr.
VP of Sales |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|