| Business Summary | | Vicom
Inc.
is
the
parent
company
of
three
wholly
owned
subsidiaries:
Corporate
Technologies,
USA,
Inc.
(CTU),
MultiBand,
Inc.,
and
Vicom
Midwest
Telecommunication
Systems,
Inc.
(VMTS).
Vicom
and
CTU
provide
voice,
data
and
video
systems
and
services
to
businesses
and
government.
MultiBand
provides
voice,
data
and
video
services
to
multiple
dwelling
units.
VMTS
was
not
active
as
of
January
1,
2000.
As
of
March
15,
2001,
Vicom
was
providing
telephone
equipment
and
service
to
more
than
1,000
customers,
with
approximately
10,000
telephones
in
service.
In
addition,
CTU
provides
computer
products
and
services
to
approximately
3,500
customers.
Telecommunications
systems
distributed
by
Vicom
are
designed
to
provide
users
with
flexible,
cost-effective
alternatives
as
compared
to
systems
available
from
major
telephone
companies,
including
those
formerly
comprising
the
Bell
System
and
from
other
interconnect
telephone
companies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VICM
sells
integrated
voice,
video,
data
networking
and
computer
technology
products
and
services.
The
Company
sell
its
products
and
services
primarily
to
businesses
and
states
and
municipalities
in
the
Midwest
region
of
the
U.S.
For
the
six
months
ended
6/30/01,
revenues
rose
1%
to
$18.5
million.
Net
loss
applicable
to
Common
rose
21%
to
$2.5
million.
Revenues
reflect
increased
sales
from
Corporate
Technologies.
Higher
loss
reflects
lower
margins
and
higher
preferred
dividends. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Marvin Frieman, 69 Chairman | $83K | -- | James Mandel, 44 CEO,
Director | 132K | $714K | Steven Bell, 42 Pres,
CFO, Director | 99K | 513K | David Ekman, 40 Pres,
CTU | 108K | -- | 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
|
|