| Business Summary | | DigiTEC
2000,
Inc.
is
engaged
in
the
creation,
distribution
and
marketing
of
consumer
prepaid
telephone
calling
card
products.
The
Company's
prepaid
cards
provide
consumers
with
an
alternative
to
the
traditional
pre-subscribed
long-distance
telecommunications
services,
credit/calling
cards
and
conventional
coin
and
other
operator-assisted
long-distance
services.
The
Company's
principal
products
are
the
F/X
series
and
the
Direct
series
prepaid
phone
cards.
The
Company's
prepaid
products
are
marketed
through
an
extensive
network
of
distributors
and
are
currently
available
in
approximately
20,000
independent
retail
locations
throughout
the
United
States.
The
Company's
target
markets
include
ethnic
communities
with
substantial
international
long-distance
usage. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | DigiTEC
2000,
Inc.
is
engaged
in
the
creation,
distribution,
marketing
and
management
of
consumer
prepaid
utility
telephone
cards,
providing
consumers
with
an
alternative
to
traditional
pre-subscribed
long
distance
services.
For
the
nine
months
ended
3/31/01,
net
sales
totalled
$38.4
million,
up
from
$9.5
million.
Net
loss
fell
57%
to
$1.5
million.
Revenues
reflect
an
increase
in
the
number
of
prepaid
cards
sold.
Lower
loss
reflects
a
non-recurring
credit
to
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Frank Magliato, 49 Chairman,
Pres, CEO, Chief Financial Officer | $165K | Diego Roca, 32 Sr.
VP, Sec. and Treasurer | 141K | Barry Catmur, 38 VP
of Operations | 80K | Dollar amounts are as of 30-June-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
|
|