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Home > Company Index > Computer Hardware > Personal Computers > Vitech America, Inc.

Vitech America, Inc.
Nasdaq: VTCH
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 NEWS FROM THE WIRES
Nasdaq says halts trading of Vitech America
Aug 17 2001 10:24 AM PDT

Vitech files for Chapter 11 bankruptcy protection
Aug 17 2001 09:51 AM PDT

More WIRE STORIES about this company

 PROFILE
Vitech is high-tech in Brazil. Vitech America, through its Brazil-based subsidiary Microtec, is a leading maker and distributor of computer and networking products in Brazil. Products include PCs, peripherals, multimedia systems, software, and networking equipment. The company also finances computer purchases and provides networking and integration services. In 2001 Vitech filed a lawsuit alleging fraud and breach of contract against Gateway, which owns a minority stake in the company. CEO Georges St. Laurent III and his brother, president and COO William St. Laurent, own 6% and 13% of the company, respectively. Their father, a businessman who has helped bankroll his sons' ventures, owns about 35%.

 COMPETITION
Compaq Computer Corporation (CPQ)
Gateway, Inc. (GTW)
International Business Machines Corporation (IBM)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 115.80
1-Yr. Sales Growth: 15.3%
Employees: 800
Revenue per employee: $144,750.00

 KEY PEOPLE
• Georges C. St. Laurent
    CEO
• Edward A. Kelly
    CFO

 CONTACT INFO
2190 NW 89th Place
Miami, FL 33172
US
Phone: 305-477-1161
Fax: 305-477-1379
Online: Web Site

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