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  September 5, 2001
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Home > Company Index > Consumer Products-Durables  > Sporting Goods > Arete Industries, Inc.

Arete Industries, Inc.
OTC: AREE
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 PROFILE
Now that Arete Industries has mailed off its direct-mail business, it says bring on the snow (but not the rain and sleet). After an unsuccessful attempt to turn around its direct mail coupon advertising business, the company decided to focus its energies on operating subsidiary Aggression Sports and investing in start-up businesses. Aggression Sports has filed patent applications on products such as "Power Pole Cross-Country Ski Poles" and "SnowFangs" snowshoes. The company has developed a Web site to market its sporting goods. In addition, Arete has decided to invest in start-up companies, including Applied Behavior Systems, which has developed a computer-based natural language teaching system.

 COMPETITION
The North Face, Inc. (dossier)
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 0.10
1-Yr. Sales Growth: (86.8)%
Employees: 9
Revenue per employee: $11,111.11

 KEY PEOPLE
• Thomas P. Raabe
    CEO
• Thomas Y. Gorman
    CFO

 CONTACT INFO
2955 Valmont Rd., Ste. 310
Boulder, CO 80301
US
Phone: 303-247-1313
Fax: 303-247-1315
Online: Web Site

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