| Business Summary | | Computrac
Inc.
develops,
markets,
services
and
supports
integrated
computer
systems
and
software
applications
designed
for
law
firms.
The
Company's
products
assist
its
customers
in
such
applications
as
timekeeping,
tracking
disbursements,
billing,
accounting,
management
and
financial
reporting,
conflict
of
interest
and
other
law
firm
management
applications.
The
Company
markets
its
systems
throughout
the
United
States
and
Canada.
Substantially
all
of
the
systems
marketed
by
the
Company
are
sold
in
conjunction
with
services
including
a
separately
priced
maintenance
agreement,
customized
conversion
services,
customer
training,
customer
support,
product
enhancements
and
software
maintenance
services.
Ongoing
maintenance
revenue
and
support
services
have
provided
the
Company
with
a
continuing
source
of
revenue. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CompuTrac,
Inc.
develops,
markets,
services
and
supports
integrated
computer
systems
and
software
applications
designed
for
law
firms.
For
the
three
months
ended
4/01,
revenues
rose
22%
to
$1.1
million.
Net
income
totalled
$302
thousand,
vs.
a
loss
of
$430
thousand.
Revenues
benefited
from
increased
installations
and
higher
maintenance
and
hourly
support
rates.
Net
income
reflects
lower
software
development
costs
and
reductions
in
sales
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Harry Margolis, 57 Chairman
and CEO | $403K | $100K | D. Bruce Walter, 57 Pres | 120K | -- | Irwin Arnstein, 41 VP
of LFMS Support and Devel. | -- | -- | David Hester, 44 VP
of CT Labs | -- | -- | Michael Mueller, 48 VP
of LFMS for Windows Devel. | -- | -- | Dollar
amounts are as of 31-Jan-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|