| | Business Summary | | Pinnacle
Systems,
Inc.
is
a
supplier
of
video
authoring,
storage,
distribution
and
Internet
streaming
solutions
for
broadcasters,
business
and
professional
desktop
users,
and
consumers.
Pinnacle's
products
are
used
to
create,
store,
and
distribute
video
content
from
television
programs,
TV
commercials,
pay-per-view,
sports
videos,
corporate
films
to
home
movies.
In
addition,
Pinnacle's
products
are
also
increasingly
being
used
to
stream
video
over
the
Internet.
The
Company's
products
use
real
time
video
processing
and
editing
technologies
to
apply
a
variety
of
video
post-production
and
on-air
functions
to
multiple
streams
of
live
or
recorded
video
material.
These
editing
applications
include
the
addition
of
special
effects,
graphics
and
titles. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | PCLE
designs,
manufactures,
markets
and
supports
computer
based
video
post-production
products
to
serve
the
broadcast,
desktop
and
consumer
markets.
For
the
fiscal
year
ended
6/30/01,
net
sales
rose
6%
to
$252.7
million.
Net
loss
before
accounting
change
totalled
$60.2
million,
vs.
an
income
of
$7.6
million.
Revenues
reflect
higher
sales
of
main
stream
broadcast
products
acquired.
Net
loss
reflects
a
$12.9
million
acquisition
settlement
cost
and
higher
amortization
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Ajay Chopra, 43
Chairman,
VP, Gen. Mang., Desktop Products | $240K | $980K | Mark Sanders, 57
Pres,
CEO | 421K | 2.0M | Georg Blinn, 54
VP,
Gen. Mang., Pinnacle Systems GmbH | 235K | -- | James Dunn, 55
VP,
Bus. and Consumer Marketing and Sales, Americas | -- | -- | William Loesch, 46
VP,
Gen. Mang., Consumer Products | 230K | 2.3M | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/p/pcle.gif)