| Business Summary | | Colorocs
Information
Technologies,
Inc.
is
engaged
in
the
licensing
of
its
patented
printer
and
copier
technology
and
the
sale
of
network
printing
and
file
sharing
software
products
through
its
subsidiary
COPS
Inc.
The
Company
operates
primarily
in
the
United
States.
Colorocs'
business
strategy
is
to
market
its
patented
double
transfer,
single
pass
to
paper,
color
imaging
system
on
a
non-exclusive
basis
to
manufacturers
and
developers
of
color
copiers
and
printers.
COPS
software
products
provide
cross-platform
and
networking
utilities
and
applications
designed
primarily
for
file
and
print
sharing.
These
products
include
COPSTalk
and
LocalTalk. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Colorocs
Information
Technologies,
Inc.
and
its
subsidiaries
are
engaged
in
the
licensing
of
patented
printer
and
the
network
printing
and
file
sharing
software
business.
For
the
three
months
ended
3/31/99,
total
revenues
fell
64%
to
$84
thousand.
Net
loss
fell
25%
to
$84
thousand.
Results
reflect
a
decline
in
revenues
from
COPS
software.
Lower
loss
reflects
decreased
R&D
expenses
due
to
the
completion
of
the
COPSTalk
program
and
gains
from
the
sale
NetChannel
to
AOL. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1997 Pay | |
| Rudolph Russo, 69 Chairman
and CEO | $154K | Dollar amounts are as of 31-Dec-1997 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
|
|