| Business Summary | | ScanSoft,
Inc.,
incorporated
as
Visioneer,
Inc.
in
March
1992,
is
a
provider
of
digital
imaging
software
products
for
retail,
OEM
and
corporate
markets.
ScanSoft's
products
capture
and
convert
paper
documents
and
photos
into
digital
documents
and
images,
and
enhance
a
user's
ability
to
organize
and
share
digital
documents
and
images
in
the
office,
at
home
and
on
the
Internet.
Generally,
ScanSoft's
products
are
based
on
proprietary
or
patented
optical
character
recognition
(OCR)
and/or
image
processing
technologies
designed
to
address
the
needs
of
a
broad
group
of
users
ranging
from
consumers
and
small
office
to
medium-sized
businesses
and
large
corporations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ScanSoft
is
a
developer
of
digital
imaging
software
for
the
small
office/home
office
markets.
SSFT's
products
capture
and
convert
paper
documents
and
photographs
into
digital
documents
and
images.
For
the
six
months
ended
6/30/01,
sales
rose
30%
to
$27.9
million.
Net
loss
fell
72%
to
$11.3
million.
Sales
reflect
the
acquisition
of
Caere
on
3/13/99.
Lower
loss
reflects
the
absence
of
a
$18.3
million
in-process
research
and
development
charges
and
higher
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Paul Ricci, 44 Chairman,
CEO | $110K | Michael Tivnan, 48 Pres,
COO, Director | 330K | Richard Palmer, 50 CFO,
Sr. VP | 181K | Wayne Crandall, 42 Sr.
VP of Sales and Marketing | 249K | Ben Wittner, Ph.D., 43 Sr.
VP of R&D | 163K | 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
|
|