| | Business Summary | | T-NETIX
Inc.
provides
specialized
call
processing
and
other
services
to
the
corrections
industry,
directly
or
through
its
telecommunications
service
provider
customers.
In
1999,
the
Company
began
providing
inter-LATA
Internet
bandwidth
to
a
customer's
Internet
subscribers,
which
service
continued
through
2000.
In
addition,
the
Company
owns
SpeakEZ
Inc.
(SpeakEZ),
which
is
engaged
in
the
sale,
marketing
and
development
of
speaker
verification
biometric
technology.
T-NETIX
has
three
operating
segments,
the
corrections
division,
the
Internet
services
division
and
the
SpeakEZ
division.
The
corrections
division
remains,
and
is
expected
to
remain,
the
core
business
of
the
Company
and
is
by
far
its
largest
revenue
producer. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | T-NETIX
offers
specialized
call
processing
services,
primarily
for
correctional
facilities,
and
fraud
prevention
services
utilizing
the
SpeakEZ
process
to
telecom
carriers.
For
the
three
months
ended
3/31/01,
revenues
rose
29%
to
$29
million.
Net
loss
applicable
to
Common
fell
34%
to
$710
thousand.
Revenues
reflect
an
increase
in
telecommunications
services
due
to
new
pricing
agreements
and
increased
Internet
customers
being
served.
Lower
loss
reflects
an
improved
gross
margin. Recent Earnings Announcement
For
the
3
months
ended
06/30/2001,
revenues
were
31,826;
after
tax
earnings
were
1,376. (Preliminary; reported in thousands of dollars.) | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Daniel Carney, 68
Chairman | -- | Thomas Larkin, 42
Pres,
CEO | -- | Al Latif
COO | -- | Jack Wholey
Exec.
VP of Sales and Marketing | -- | John Giannaula, 38
VP-Fin.,
Sec. | $103K | | Dollar amounts are as of 31-Dec-1999 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/t/tntx.gif)