| Business Summary | | United
Leisure
Corporation,
through
its
subsidiary,
United
Internet
Technologies,
Inc.,
is
engaged
in
the
business
of
developing
technologies
that
allow
a
wide
range
of
electronic
devices,
such
as
smart
toys,
medical
devices,
household
and
business
appliances
and
consumer
electronics,
to
communicate
and
be
controlled
over
the
Internet
and
over
other
digital
systems,
including
cable,
television
and
wireless
networks.
The
Company
has
developed
two
proprietary
technologies,
Intelligent
Control
Interactive
Technology
(I-C-IT)
software
and
Digitally
Integrated
Video
Overlay
(Divo)
software.
The
Company's
technologies
enable
businesses
to
transition
their
traditional
product
lines
into
the
interactive
world.
Its
objective
is
to
create
solutions
for
specific
business
sectors
by
customizing
its
I-C-IT
platform,
allowing
its
technologies
to
be
embedded
in
a
wide
range
of
electronic
devices. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | UTDL
develops
technologies
that
control
and
enable
a
wide
range
of
devices
and
monitoring
devices
to
communicate
and
be
controlled
over
the
Internet
and
over
other
digital
systems.
For
the
six
months
ended
6/30/01,
revenues
fell
97%
to
$23
thousand.
Net
loss
from
continuing
operations
rose
39%
to
$3.4
million.
Results
reflect
minimal
licensing
activities
as
the
Company
focused
on
Internet
software
technology,
partially
offset
by
lower
stock
compensation
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Brian Shuster, 42 Chairman,
Pres, CEO | $264K | Julie Lepere, 40 Sec. | -- | 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
|
|