| Business Summary | | CyberCash,
Inc.
develops
and
provides
a
complete
line
of
Internet
payment
services
and
software
products
enabling
a
wide
variety
of
users
to
accept
electronic
payments
and
funds
transfers
through
a
range
of
applications
tailored
to
fit
their
specific
needs.
The
Company's
online
services
and
products
are
used
throughout
the
world
by
businesses,
governments,
universities,
non-profit
organizations
and
other
enterprises.
The
Company
currently
operates
principally
in
the
United
States,
but
is
committed
to
international
expansion
and
has
established
joint
venture
or
licensing
arrangements
in
Japan,
Germany,
the
United
Kingdom
and
the
Asia
Pacific
Region.
CyberCash
operates
large
development
centers
domestically,
as
well
as
in
Bangalore,
India.
In
May
2001,
the
Company
announced
the
consummation
of
the
sale
of
its
operating
assets.
In
connection
with
the
closing
of
the
sale
of
its
assets,
CyberCash
is
taking
action
to
change
its
name
to
CYCH,
Inc.
while
it
winds
down
its
affairs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CYCHQ
develops
and
provides
a
complete
line
of
Internet
payment
services
and
software
products
enabling
a
variety
of
users
to
accept
electronic
payments
and
funds
transfers
through
a
range
of
applications.
For
the
nine
months
ended
09/30/00,
net
revenues
rose
26%
to
$17.1
million.
Net
loss
fell
26%
to
$24.5
million.
Results
reflect
increased
transaction
volume
due
to
growth
of
the
merchant
base
as
well
as
the
absence
of
a
loss
on
investments
and
lower
marketing
costs. Recent Earnings Announcement For
the
3
months
ended
12/31/2000,
revenues
were
6,015;
after
tax
earnings
were
-64,320. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Daniel Lynch, 58 Chairman,
Interim CEO | -- | James Condon, 43 Pres,
Director | $417K | John Karnes, 39 Exec.
VP, CFO | -- | Nancy Goldberg, 41 Exec.
VP of Sales | 210K | Charles Riegel, 41 Exec.
VP of Worldwide Marketing | -- | 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
|
|