| Business Summary | | The
American
Education
Corporation
is
primarily
engaged
in
the
development
and
marketing
of
educational
software
to
elementary,
middle
and
secondary
schools,
adult
literacy
centers
and
vocational,
junior
and
community
colleges.
The
Company
develops
software
for
Windows,
Macintosh,
Unix
and
Linux
operating
systems.
The
Company
internally
develops
and
licenses,
to
a
limited
extent,
software
or
content
from
third
parties
for
inclusion
in
its
products
for
the
school
market. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
American
Education
Co.
licenses
or
internally
develops
and
markets
educational
microcomputer
software
and
CD-ROM
titles
in
reading,
English,
spelling,
social
studies,
bilingual
language
development
and
early
childhood
development.
For
the
three
months
ended
3/31/01,
sales
fell
28%
to
$1.8
million.
Net
loss
totalled
$236
thousand
vs.
income
of
$163
thousand.
Revenues
reflect
decreases
in
all
operating
units.
Net
loss
reflects
increased
support
staff
and
royalty
payments. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
3,232;
after
tax
earnings
were
305. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jeffrey Butler, 59 Pres,
CEO, Director | $120K | Neil Johnson, 50 CFO,
VP | 97K | Thomas Shively, 47 COO,
Exec. VP | 117K | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|