| Business Summary | | Sterling
Business
Solutions,
Inc.,
formerly
known
as
Virtual
Reality
Inc.,
is
a
Professional
Employer
and
Finance
Organization
(PEFO),
that
provides
Payroll
Administration,
Human
Resources
Benefits,
Financing,
Funds
Administration,
Credit
Card
Processing
and
Equipment
Leasing.
The
Company
owns
Technology
Innovation
Group
Inc.,
which
specializes
in
the
development
and
manufacturing
of
new
technology
and
systems
for
aerospace
applications
in
technical
disciplines
such
as
electro-optical
systems
for
space
flight,
helmet-mounted
displays,
artificial
intelligence,
holographic
optical
designs,
and
engineering
and
training
simulation.
The
Company
is
set
to
acquire
Intellashop.com,
which
is
designed
to
meet
all
of
the
consumer's
shopping
needs.
By
allowing
consumers
to
personalize
their
shopping
preferences,
Intellashop
provides
the
tools
to
source
products
and
product
information,
check
real-time
availability,
compare
price
and
quality
of
merchants,
and
obtain
price
and
availability
alerts. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sterling
Business
Solutions,
Inc.
is
a
Professional
Employer
and
Finance
Organization
(PEFO),
that
provides
Payroll
Administration,
Human
Resources
Benefits,
Financing,
Funds
Administration,
Credit
Card
Processing
and
Equipment
Leasing.
For
the
fiscal
year
ended
12/99,
the
Company
reported
no
revenues.
Net
loss
increased
38%
to
$368
thousand.
Results
suffered
from
increased
operating
and
interest
expense. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Damiano Coraci | Pres | John Daskalis | VP | Anieska Garcia | VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|