| Business Summary | | Travlang,
Inc.,
formerly
known
as
iiGroup,
Inc.,
operates
Travlang.com
and
has
equity
positions
in
several
other
companies.
In
January
2000,
the
Company
purchased
the
assets
of
Travlang.com,
Inc.,
and
Internet
foreign
travel
Website.
Travlang.com
offers
foreign
language
and
travel
information,
products
and
services.
The
four
main
language
content
offerings
are
Travlang's
Foreign
Languages
for
Travelers
in
74
languages,
Travlang's
Translating
Dictionaries,
Travlang's
Word
of
the
Day
e-mail,
and
Travlang's
downloadable
vocabulary/dictionary
files.
Travlang.com's
main
sources
of
revenue
are
from
banner
advertising
and
e-mail
advertising;
licensing/syndication;
commission
based
travel
services;
product
sales;
affiliate
relationships;
Travlang
Website
and
e-mail
services;
storefronts;
databases;
catalog
and
other
e-distribution;
and
online
immersion
courses. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Travlang,
Inc.
operates
Travlang.com
and
has
equity
positions
in
several
other
companies.
Travlang.com
offers
foreign
language
and
travel
information,
products
and
services.
For
the
nine
months
ended
4/30/01,
revenues
totaled
$454
thousand,
up
from
$77
thousand.
Net
loss
totaled
$1.5
million,
up
from
$598
thousand.
Revenues
reflect
a
$300
thousand
management
fee.
Higher
loss
reflects
higher
consulting
fees,
increased
salaries
and
a
rise
in
stock
compensation
expenses. | More
from
Market Guide: Significant
Developments |
| | |
| Position | C. Lawrence Rutstein, 56 | Chairman | Howard Brummer | Pres,
CEO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|