| Business Summary | | Software
Spectrum,
Inc.
is
a
global
business-to-business
software
services
provider
that
delivers
comprehensive
information
technology
solutions
to
organizations
throughout
North
America,
Europe
and
Asia/Pacific.
The
Company
sells
personal
computer
(PC)
software
through
volume
licensing
and
maintenance
agreements,
or
right-to-copy
arrangements,
and
full-packaged
PC
software
products,
and
provides
technical
support
services
to
software
publishers,
Internet
service
providers
and
other
organizations.
The
Company
has
established
supply
arrangements
with
major
personal
computer
software
publishers,
including
Microsoft,
IBM/Lotus,
Novell,
Attachmate,
Symantec
and
Adobe
Systems.
The
Company
markets
software
titles
for
IBM,
IBM-compatible
and
Macintosh
personal
computers,
including
software
for
all
major
operating
systems
such
as
Windows
95,
Windows
98,
Windows
2000,
Linux
and
Novell
Netware. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Software
Spectrum
is
a
global
B-to-B
software
lincensing
and
service
provider
that
delivers
IT
solutions
to
organizations
in
North
America,
Europe
and
Asia/Pacific.
For
the
fiscal
year
ended
4/30/01,
net
sales
rose
21%
to
$1.21
billion.
Net
income
from
continuing
operations
fell
35%
to
$4.3
million.
Revenues
reflect
the
Company's
strong
competitive
position
with
global
enterprises.
Earnings
were
offset
by
lower
gross
margins
due
to
price
competition
and
increased
S/G/A
costs. Recent Earnings Announcement For
the
3
months
ended
07/31/2001,
revenues
were
288,313;
after
tax
earnings
were
321. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Judy Odom, 48 Chairman,
CEO | $829K | Keith Coogan, 49 Pres,
COO, Director | 506K | James Brown, 44 CFO,
VP | 286K | Roger King, 48 Exec.
VP, Sales and Marketing and Pres of Product Services | 390K | Robert Mercer, 49 VP,
CIO | -- | Dollar amounts are as of 30-Apr-2001 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
|
|