| Business Summary | | Lernout
&
Hauspie
Speech
Products
N.V.
is
an
international
developer,
licensor
and
provider
of
advanced
speech
and
language
technologies,
products,
solutions
and
services.
The
Company's
core
technologies
include
automatic
speech
recognition,
text-to-speech,
digital
speech
compression,
text-to-text
translation
and
linguistic
components.
In
1999,
the
Company
operated
its
business
in
three
customer-focused
divisions:
Speech
and
Language
Technologies
and
Solutions;
Speech
and
Language
Applications,
and
Speech
and
Language
Consulting
and
Services.
On
May
5,
2000,
the
Company
acquired
the
capital
stock
of
Dictaphone
Corporation
through
a
merger
of
Dictaphone
into
one
of
its
wholly
owned
subsidiaries.
Dictaphone
Corporation
develops,
manufactures,
markets,
services
and
supports
integrated
voice
and
data-management
systems
and
software.
In
November
2000,
the
Company
announced
that
it
has
voluntarily
filed
a
Chapter
11
petition
for
reorganization
protection
under
the
U.S.
bankruptcy
code. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Lernout
and
Hauspie
Speech
Products
N.V.
is
a
developer
and
licensor
of
advanced
speech
technologies.
The
Co.
has
four
divisions:
Speech
Technologies,
Dictation,
Translation
and
Localization
and
Language
Technologies.
For
the
six
months
ended
6/00,
total
revenues
rose
81%
to
$265.6
million.
Net
loss
totaled
$17.2
million
vs.
an
income
of
$20.7
million.
Results
reflect
the
acquisitions
of
Dictaphone
and
Dragon,
offset
by
increased
goodwill
amortization
from
business
acquisitions. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Philippe Bodson | CEO,
Director | Tim Ledwick | CFO | John Seo, 34 | Pres
of L&H Enterprise and Telephony Solutions Division | Ellen Spooren, 40 | Sr.
VP, Marketing and Corp. Communications | Florita Mendez, 46 | Sr.
Corp. VP and Pres, Speech and Language Consulting and Services Division |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|