| Business Summary | | Vicinity
Corporation
is
a
provider
of
marketing
infrastructure
services
for
companies
on
the
Internet
and
on
wireless
platforms.
The
Company
provides
a
suite
of
Internet-based
marketing
infrastructure
services,
ranging
from
store
locators
for
clients
with
a
few
hundred
locations
to
the
design
and
maintenance
of
complex,
multi-attribute
databases
for
clients
with
millions
of
product
records
that
include
information
such
as
regularly
stocked
products
and
current
promotional
offers.
By
providing
marketing
services
through
its
unique
distribution
network
of
Internet,
wireless
and
wireline
channels,
the
Company
seeks
to
generate
high
quality
leads,
store
visits
and
incremental
sales
for
its
brick-and-mortar
customers.
Its
clicks-and-mortar
solution,
available
in
18
countries
and
in
10
languages,
enables
its
customers
to
direct
consumers
searching
for
a
specific
product
or
service
to
the
nearest
brick-and-mortar
store
that
carries
that
product
or
service. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Vicinity
is
a
provider
of
Internet-based
marketing
infrastructure
services,
enabling
clients
to
direct
consumers
searching
for
a
specific
product
or
service
to
the
nearest
brick-and-mortar
location
that
carries
that
product
or
service.
For
the
nine
months
ended
4/30/01,
revenues
rose
51%
to
$15.3
million.
Net
loss
applicable
to
Common
rose
74%
to
$20.8
million.
Results
reflect
growth
of
the
customer
base,
offset
by
higher
personnel
and
restructuring
costs. Recent Earnings Announcement For
the
3
months
ended
07/31/2001,
revenues
were
4,646;
after
tax
earnings
were
-6,453. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | |
| Position | Norman Nie, 56 | Chairman | Maury Austin | CFO,
Sr. VP | Tim McMullen | COO | Mike Torgersen, 57 | VP-
Information Technology, CIO | Scott Sullivan, 37 | VP
of HR |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|