| Business Summary | | XOX
Corporation
intends
to
fulfill
its
contract
obligations
to
support
current
customers
in
the
geoscience
business.
The
Company,
as
of
December
31,
2000,
exited
the
business,
and
is
consequently
exploring
all
strategic
options
including,
but
not
limited
to,
merging
with
or
acquiring
another
entity,
or
liquidating
the
Company.
The
Company
designed,
developed
and
marketed
proprietary
geometric
computer
software
that
created
virtual
mock-ups
or
models
that
captured
the
complete
geometry
of
objects
or
spatial
areas
of
interest.
These
virtual
mock-ups
or
models
were
used
for
visual
analysis
or
to
simulate
physical
phenomena
in
a
diverse
set
of
disciplines
including
geosciences
and
medical
applications.
Uses
of
geometric
computer
software
included
geophysical
software,
computer-aided
design,
computer-aided
engineering,
geographical
information
systems,
medical
image
processing,
industrial
and
graphics
arts
design
and
animations,
as
well
as
scientific
visualization
and
analysis. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | XOXC
intends
to
fulfill
its
obligations
to
support
current
customers
and
seek
an
exit
from
the
geoscience
business.
XOX
is
also
seeking
to
either
merge
with
or
acquire
another
entity
or
liquidate
the
Company.
For
the
three
months
ended
3/31/01,
Company
reported
no
revenues
due
to
the
shut-down
of
geosciences
line
of
business.
Net
loss
from
continuing
operations
totalled
$128
thousand
vs.
an
income
of
$15
thousand.
Results
reflect
an
increase
in
operating
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | Steven
B. Liefschultz,
Chmn. Mark
O. Senn,
Pres./COO John
R. Sutton,
CEO. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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