| Business Summary | | Realax
Software
AG
develops,
markets,
and
supports
virtual
reality
software
and
solutions
for
commercial
applications
in
a
variety
of
uses.
These
include
visualization
(the
visual
display
of
3-D
data
on
a
computer
system),
digital
prototyping
(the
creation
of
a
computerized
model
of
a
product),
visual
simulation
(the
testing
of
the
behavior
of
products),
manufacturing,
architecture,
urban
planning,
scientific
research,
marketing
and
entertainment.
With
Realax
software,
users
can
develop,
design,
alter
and
validate
digital
prototypes
at
an
early
stage
in
the
design
process.
This
means
that
fewer
physical
prototypes
need
to
be
produced,
which
reduces
total
development
time
and
costs.
In
addition,
serious
design
and
planning
errors
may
be
detected
at
an
early
stage
in
the
planning
or
development
process,
thus
avoiding
the
necessity
for
a
costly
redesign. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Realax
Software
AG
is
a
development
stage
company
thatdevelops,
markets
and
supports
virtual
reality
(VR)
software
and
solutions
for
a
variety
of
commercial
applications.
For
the
fiscal
year
ended
12/31/98,
total
revenues
rose
1%
to
$413
thousand.
Net
loss
totalled
$2.6
million,
up
from
$679
thousand.
Revenues
reflect
increased
sales
of
products
for
Windows
NT
systems.
Higher
loss
reflects
costs
for
the
creation
of
an
international
sales
and
administrative
infrastructure. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Ulrich Gotz, 47 | Chairman
of the Supervisory Board | Wolfgang Stoerzer, 47 | Member
of the Management Board |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|