OLDEN, Colo., Jun 6, 2000 /PRNewswire via COMTEX/ -- The Wall Street
Transcript has published an in-depth interview with John C. Antenucci,
president, Integrated Spatial Information Solutions, Inc. (OTC Bulletin Board:
ISSS), in which he outlines the company's business strategy and growth
objectives.
In the interview, Mr. Antenucci said: "Over the last nine months, ISIS has
positioned itself to execute the plan and vision of being a total solutions
provider in the information technology [IT] arena with a specialty in geographic
or spatial information consulting, detailed design and implementation of GIS
technologies. Today, we are systems integrators and data integrators. As ISIS
rolls out, you'll see an increasing focus on data integration and database
management and data exploitation. I believe you will see ISIS being more of an
IT company with a specialty in spatial, rather than a spatial information
company."
Commenting on the company's growth potential, he stated: "From a metrics point
of view, ISIS has languished in the $5 to $10 million a year revenue range. I
believe you will see in a relatively short time, a company that is closer to $20
or $40 million in revenue, and within a two or three-year stretch, a company
that is in the $100-$200 million range in gross revenues, and it will be
profitable revenues. We see about 60% of our growth over the next three years
being from M&A activity."
Regarding top management, he noted: "Ten months ago we were deficient. With the
election of Gary Murray as our chairman, that has changed substantially. Gary
has an extraordinary track record of building small information technology
businesses into larger, profitable businesses. He took a company, Sylvest
Management Systems Corp., from a start-up to a $180 million-a-year run rate in
seven years. He sold it with a $500 million backlog. He kept a $6 million
revenue commercial division and has grown that to a $75 million network services
company in the last two and a half years."
The entire interview is available online under the company's ticker symbol at
www.twst.com; or the entire issue of The Wall Street Transcript can be ordered
by phoning 212/952-7433.
ISSS's Web site is: www.isis.cc.
The Wall Street Transcript is a premier weekly investment publication serving
serious long-term investors for over 36 years. The publication does not endorse
the views of any interviewees nor does it make stock recommendations.
The forgoing contains forward-looking statements which are subject to
contingencies and uncertainties. Such forward-looking statements are not
guarantees of future performance, and are based on numerous assumptions about
transactions or results which may differ materially from anticipated events,
transactions or results described in such statements.
SOURCE Integrated Spatial Information Solutions, Inc.
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