| Business Summary | | Modem
Media,
Inc.
is
an
Internet
professional
services
firm
focused
on
solving
the
marketing
and
customer
management
problems
facing
executives
at
companies
most
impacted
by
digital
change.
The
Company
leverages
its
experience
in
marketing
and
business
strategy,
creative
design
and
technology
to
deliver
an
integrated
service
offering
that
includes
Customer
Insight,
Strategic
Planning,
Application
Development
and
Marketing
Services.
Since
its
inception
in
1987,
the
Company
has
established
and
maintained
relationships
primarily
with
Global
500
companies.
Its
current
clients
include
Citigroup,
CSFB
Direct,
Delta
Air
Lines,
General
Electric,
General
Motors,
IBM,
Intel,
Michelin
and
Philips.
Clients
hire
the
Company
on
a
fixed-fee,
retainer
or
time-and-material
basis.
A
majority
of
its
revenues
are
derived
from
fixed-fee
engagements.
Modem
Media
recognizes
revenues
as
services
are
rendered. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Modem
Media,
Inc.
provides
Internet
strategy
and
end-to-end
Me-business
solutions
to
Fortune
500
companies
and
select
Internet
start-ups.
For
the
six
months
ended
6/30/01,
revenues
fell
3%
to
$59.5
million.
Net
loss
fell
38%
to
$5.4
million.
Revenues
reflect
a
decrease
in
billed
hours.
Net
loss
was
offset
by
higher
average
revenue
per
hour,
a
reduction
in
workforce
and
$4.4
million
in
gains
from
income
tax
rebates. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Gerald O'Connell, 39 Chairman | $390K | -- | Marc Particelli, 56 CEO,
Director | -- | -- | Frank Connolly, Jr., 42 CFO | -- | -- | John Nardone, 36 Pres,
International and Worldwide Director of Media | 295K | $409K | Keryn Cerbone, 45 VP,
Controller | 205K | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|