| Business Summary | | Precis,
Inc.,
formerly
Precis
Smart
Card
Systems
Inc.,
designs
membership
programs,
and
designs,
markets,
implements
&
services
smart
cards,
which
are
custom
memory
and
microprocessor
card
products.
The
Company's
membership
programs
serve
rental-purchase
companies,
financial
organizations,
employer
groups,
retailers
and
association-based
organizations.
Membership
in
these
programs
is
offered
and
sold
as
part
of
a
point-of-sale
transaction,
or
by
direct
marketing
through
direct
mail
or
as
an
insert.
The
Company
and
third-party
vendors
offer
and
provide
program
members
with
products
and
services.
The
Company's
smart
cards
can
store
information
and
software.
Through
its
research
efforts,
the
Company
has
developed
a
library
of
reusable
computer
software
components
for
a
variety
of
personal
computer
and
embedded
applications
all
centered
on
smart
card
technology.
The
Company's
technology
enables
electronic
commerce
in
closed-system
environments
for
point-of-sale
transactions
and
other
uses. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Precis,
Inc.
is
a
development
stage
company
that
develops
and
markets
commercial
software
products
used
with
smart
cards,
cards
containing
embedded
microchips
that
enable
electronic
commerce
and
can
serve
as
information
storage
devices.
For
the
six
months
ended
6/30/01,
revenues
totaled
$6.3
million,
up
from
$0.
Net
income
applicable
to
Common
totaled
$216
thousand
vs.
a
loss
of
$368
thousand.
Results
reflect
the
acquisitions
of
Foresight
and
The
Capella
Group. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Paul Kruger, 47 Chairman,
CEO | $9.0K | Mark Kidd, 34 CFO,
Controller, Sec., Director | -- | 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
|
|