| Business Summary | | Digital
Courier
Technologies,
Inc.
(DCTI)
is
a
provider
of
advanced
e-payment
services
for
businesses,
merchants
and
financial
institutions.
In
fiscal
2000,
the
Company's
revenues
were
primarily
derived
from
processing
payments
for
the
Internet
gaming
and
e-tailing
industries.
The
Company's
services
have
introduced
to
the
marketplace
a
secure
and
cost-effective
system
for
credit
card
processing
and
merchant
account
management.
By
integrating
services
under
one
provider,
DCTI
can
offer
to
customers
an
outsource
solution
for
merchant
account
set-up,
an
Internet
Payment
Gateway,
payment
processing,
fraud
control
technology
and
Web-based
reporting. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Digital
Courier
Tech.
provides
highly-scalable,
reliable
andfully-integrated
payment
software
and
systems
for
business,
Internet
merchants
and
financial
institutions.
For
the
nine
months
ended
3/31/01,
sales
rose
53%
to
$27.2
million.
Net
loss
from
continuing
operations
totaled
$172.4
million,
up
from
$16.7
million.
Revenues
reflect
the
growth
of
the
merchant
portfolio.
Higher
loss
reflects
the
impairment
writedown
of
goodwill
related
to
the
acquisition
of
Carib
Commerce,
Ltd. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000
Compensation | | Pay | Exer | |
| James Condon Chairman,
Interim CEO | -- | -- | John Hanlon, 52 CFO,
Sr. VP | -- | -- | Steve Cannon VP,
Technology | -- | -- | Bobbie Downey, 46 VP,
Sec., Gen. Counsel | $120K | $303K | 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
|
|