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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Tassi who wrote (62378)	1/13/2000 4:19:00 PM
From: Mr. Big	Read Replies (1) \| Respond to of 108040

(PNJA) Panja, Inc. is a developer, manufacturer, and marketer of integrated remote control systems. These systems enable end users to operate as a single system a broad range of electronic equipment in a variety of corporate, educational, industrial, entertainment, governmental, and residential settings. Panja's hardware and software products provide the operating system, machine control, and user interface necessary to operate, as an integrated network, electronic devices from different manufacturers through easy-to-use control panels. The Company's systems provide centralized control for over 10,000 different electronic devices, including video systems, audio systems, teleconferencing equipment, educational media, lighting equipment, environmental control systems, and security systems. The Company sells its system products through 1600 third-party dealers in the United States and a network of 20 exclusive distributors and 92 dealers for the international markets. Financial Summary Panja, Inc. designs and manufactures control and automation systems for both enterprise and consumer applications designed to operate, as an integrated network, over 10,000 different electronic devices. For the six months ended 9/30/99, net sales rose 15% to $39.2 million. Net income fell 60% to $678 thousand. Revenues benefitted from expansion of the market for home automation. Earnings were offset by increased development and marketing expenses.