| Business Summary | | NewsEdge
Corporation
is
a
global
provider
of
syndicated
content
services
and
electronic
publishing
technologies
for
business.
Its
customers
include
both
content
creators,
such
as
information
publishers,
and
the
operators
of
active
Websites.
The
Company
offers
technology
and
services
for
customers
to
create,
manage
and
deploy
content
for
millions
of
end
users
through
intranets,
Websites,
portals,
extranets
and
distribution
channels.
Through
its
NewsEdge
Refinery,
which
combines
its
patented
technology
and
human
editorial
review
to
deliver
highly
targeted
news
on
more
than
2,000
business
topics
from
more
than
2,000
sources,
the
Company
serves
thousands
of
sites
and
companies
with
highly
targeted
content
solutions,
including
industry-specific
topics,
wireless
services,
turnkey
permission
marketing
and
publishing
tools,
outsourced
editorial
capabilities
and
sub-second
live
news
feeds
and
applications. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NEWZ
provides
customized,
real-time
news
and
information
to
knowledge
workers
over
their
organizations'
local
area
network.
The
NewsEDGE
service
delivers
news
and
information.
For
the
six
months
ended
6/30/01,
revenues
fell
4%
to
$33.5
million.
Net
loss
from
continuing
operations
fell
99%
to
$96
thousand.
Revenues
reflect
decreases
in
renewal
rates
and
new
sales
orders.
Lower
loss
reflects
the
terminated
merger
agreement
with
RoweCom. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Rory Cowan, 48 Chairman | -- | Clifford Pollan, 44 Pres,
CEO, Director | $323K | Michael Kolowich, 47 Vice
Chairman | -- | Ronald Benanto, 52 VP-Fin.,
CFO, Treasurer, Assistant Sec. | 247K | John Crozier, 42 VP
of North American Sales | -- | 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
|
|