| Business Summary | | COMTEX
News
Network,
Inc.
is
a
business-to-business
"Infomediary"
that
aggregates
and
redistributes
diverse
real-time
global
news
and
information
for
the
Internet,
Wall
Street
and
corporate
reseller
markets.
COMTEX
delivers
aggregated
content
from
approximately
10,000
global
sources
representing
a
network
of
over
50
real-time
information
providers
to
Web
sites
and
other
online,
wireless
and
electronic
information
services
in
its
distribution
network.
COMTEX's
publisher
partners
provide
the
content
for
COMTEX
products
and
contain
late-breaking
U.S.
and
international
news,
worldwide
economic
news,
news
and
information
on
both
public
and
private
companies,
and
sports
and
entertainment
news
from
around
the
world.
The
core
products
currently
supported
by
COMTEX's
technical
and
customer
service
departments
include
a
series
of
topic-defined
news
products
marketed
under
the
brand
name
CustomWires.
COMTEX
also
supports
production
of
original
news
products
under
the
brand
name
COMTEX
Newsroom. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CMTX
is
a
value-added
real-time
distributor
of
customized
newswire
information
products
(called
CustomWiresR)
aggregated
on
a
real-time
basis
from
thousands
of
news
stories
drawn
from
hundreds
of
new
sources.
For
the
nine
months
ended
3/31/01,
revenues
rose
47%
to
$12.8
million.
Net
income
fell
22%
to
$670
thousand.
Revenues
reflect
growth
in
the
customer
base.
Earnings
were
offset
by
increased
personnel
and
related
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| C. Gilluly, 54 Chairman
of Directors | $70K | $784K | Charles Terry, 49 Pres,CEO | 199K | -- | Aaron Daniels, 39 CFO,
VP of Fin. and Admin., Treasurer | 118K | -- | Deborah Ikins, 43 Exec.
VP | 286K | 111K | Slawek Ligier VP,
CTO | -- | -- | Dollar
amounts are as of 30-June-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
|
|