THE COMPANY
Networks North, provides interactive media-rich content, software, and services to a wide range of communications networks, including direct satellite, INTERNET, intranets, high-speed broad-band networks, and gateways.
With over a decade of experience in the multimedia content provision, development, marketing, and distribution, Networks North is uniquely positioned to benefit from an increasingly networked population. We are already seeing an explosion in the demand for content from the providers of network services.
Because of this growing trend, Networks North is now aggressively developing its network-focused activities. As suppliers to new media, this is the area that management sees as key to the company's future growth.
Background
Networks North Began in 1985 as NTN Canada, Inc., the holding company for NTN Interactive Network Inc. (NTNIN), which is the exclusive Canadian licensee of NTN Communications, Inc. The expertise gained in the process of making this interactive network one of the world's most profitable and robust is now being turned energetically to provision of interactive media-rich content throughout the networked world.
MARKET FACTS
Exchange: NASDAQ
Symbol: NETN
Listed: 1990
52 wk range:
Recent Price: 1 7/8
Market Cap: US$5 million
Common Shares: 2.7 million
Common Shares (f.d.) 3.0 million
Float: 1.7 million
97 revenues: US$7.2/C$10.3 million
98E revenues: US$10.8/C$15.5 million
Fiscal Year End: August 31
Management holdings: 10%
Major shareholder:
NetStar Communications, Inc. (formerly
Labatt Communications Inc.)
STRATEGY
Continue to develop content and network services for future growth.
Profile Networks North's unique body of industry knowledge and expertise--since it is arguably the only company in Canada with 12 years of experience in interactive TV.
Continue to position Networks North for the networked world.
Leverage contacts and alliances to expand market for content among networks such as satellite service providers, cable companies, telephone companies, gateway operators, INTERNET service providers, and intranets.
Complement the experienced and focused management group with a strong team of industry professionals.
Use cash flow for growth.
Build on history of profitability
Continue to build and develop Canada's largest multimedia educational library, 14,000 titles.
Build sharholder value by growing both internally and by acquisition.
KEY POINTS
Networks North is uniquely positioned for growth in the increasingly networked world.
Demand for the content and services that Networks North provides will expand expontentially as networks sign up subscribers.
Networks North's expertise is unequalled.
For complete DD Packages:
contact: Networks North: 1-416-675-6666
E-mail: trappc1@ibm.net
In closing, Steven G. Trapp & Company is a paid FPR consultant of Networks North, Inc. Compensation is as follows:
1.$1,000 per month
2. 5,500 shares of restricted stock.
Investors due your own DD! |
