| Business Summary | | Educational
Video
Conferencing
Inc.
aggregates
educational
and
training
content
provided
by
others
and
delivers
it
to
remote
locations,
synchronously
using
interactive
video
conferencing
technologies,
and
asynchronously
using
the
narrow
band
Internet.
These
technologies
include
the
Company's
broadband
network
design
and
enabling
technology
that
permits
video
conferencing
at
approximately
30
frames
per
second
(broadcast
quality).
The
Company
also
provides
on
campus
education
and
training,
currently
through
Interboro
Institute,
a
two-year
college
located
in
New
York
City.
The
Company's
campus
education
segment
provided
approximately
87%
of
its
revenues
during
2000.
The
Company
is
offering
and
delivering
educational
and
training
content
to
a
limited
number
of
corporate
customers,
outreach
programs
and
school
districts.
In
2000,
the
Company
delivered
higher
education
courses
principally
to
employees
of
Citibank,
N.A.,
American
International
Group
Inc.
and
Merrill
Lynch
&
Co.
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | EVCI
delivers
accredited
college
courses
and
degree
programs,
as
well
as
professional
development,
coporate
training
and
other
programs,
to
students,
corporations
and
others
via
interactive
video
conferencing
systems.
For
the
three
months
ended
3/01,
net
revenues
rose
13%
to
$2.5
million.
Net
loss
applicable
to
Common
rose
1%
to
$1.9
million.
Results
reflect
an
increase
in
student
course
registrations,
offset
by
an
increase
in
payroll
and
benefits. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
2,179;
after
tax
earnings
were
-1,762. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Arol Buntzman, Ph.D., 57 Chairman
of Directors and CEO | $833K | John McGrath, Ph.D., 47 Pres | 270K | Richard Goldenberg, 55 CFO,
Sec. | 165K | 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
|
|