| Business Summary | | WorldGate
Communications
Inc.
provides
interactive
television
(ITV)
products
and
services
to
the
cable
television
industry.
ITV
is
a
rapidly
growing
sector
of
the
cable
television
industry,
with
its
focus
on
deploying
services
or
applications
to
allow
television
viewers
to
interact
with
programs,
advertisements
and
other
content
on
their
television
sets.
Viewers
input
information
via
wireless
keyboards
or
other
remote
control
devices.
The
Company
offers
its
customers
(cable
operators
who
want
to
offer
ITV
applications
to
their
subscribers)
a
wide
array
of
ITV
applications
and
related
services
and
products.
These
include
WorldGate
Application
Launcher
Interface,
Cableware
2000,
WorldGate
Service,
and
Channel
HyperLinking. | More from
Market Guide: Expanded
Business Description |
| Financial Summary | | WGAT
provides
a
new
TV-based
Internet
service
enabling
cable
subscribers
to
access
the
Internet
through
their
televisions
and
link
from
television
programming
and
advertising
to
websites.
For
the
six
months
ended
6/30/01,
sales
rose
72%
to
$8.9
million.
Net
loss
fell
11%
to
$19.4
million.
Results
reflect
subscriber
growth
from
the
commercial
deployment
of
interactive
TV
products,
partially
offset
by
a
loss
on
an
unconsolidated
entity. | More from
Market Guide: Significant
Developments |
| | | | FY2000 Compensation | | Pay | Exer | |
| Hal Krisbergh, 53 Chairman and CEO | $486K | -- | Gerard Kunkel Pres | -- | -- | James Agnello, 47 CFO, VP | -- | -- | Gerard Kunkel, 42 Sr. VP of Sales and Marketing | 237K | $212K | Joseph Augenbraun, 36 Sr. VP, Engineering | 231K | -- | 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
|
|