| Business Summary | | Cross
Media
Marketing
Corporation,
formerly
Symposium
Corporation,
is
a
cross
media
direct
marketing
company
that
integrates
sophisticated
marketing
skills
with
new
technologies,
including
e-mail
marketing,
Web-based
systems
and
interactive
voice
response,
for
the
sale
of
multi-magazine
subscription
packages,
discount
buying
club
memberships
and
telecommunication
services.
Through
inbound
and
outbound
teleservices
programs
at
Media
Outsourcing,
Inc.
(MOS),
its
principal
operating
business,
the
Company
contacts
and
retains
critical
data
on
more
than
11
million
consumers
annually.
On
January
28,
2000,
the
Company,
through
MOS,
acquired
Direct
Sales
International,
LP,
a
magazine
subscription
agency
that
sells
new
subscriptions
to
magazines
of
United
States
publishers.
On
November
30,
2000,
the
Company
acquired
WeFusion.com,
Inc.,
an
application
service
provider
that
has
developed
a
database
architecture
that
will
enable
the
Company
to
develop
sophisticated
customer
profiles. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | XMM
is
engaged
in
acquiring
established
direct
marketing
companies
and
then
leverage
the
existing
marketing
infrastructure
and
management
techniques
to
attain
market
presence
in
the
web
based
economy.
For
the
six
months
ended
6/30/01,
revenues
rose
60%
to
$43.3
million.
Net
income
applicable
to
Common
totalled
$1.6
million,
vs.
a
loss
of
$32.3
million.
Results
reflect
the
inclusion
of
MOS
operations,
lower
consulting
expenses,
and
lower
preferred
dividends. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ronald Altbach, 54 Chairman,
CEO, Sec. | $475K | Richard Kaufman, 57 Pres,
COO, Director | 549K | Chet Borgida CFO | -- | Andrew Nelson, 31 Sr.
VP of Sales and Marketing | -- | Christopher Thompson, 25 CTO | -- | 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
|
|