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Strategies & Market Trends : e-Commerce the Next 100 Months...... -- Ignore unavailable to you. Want to Upgrade?

To: rocki who wrote (1629)	11/4/1998 12:26:00 AM
From: rocki	Respond to of 2882

My optimistic outlook for Mpact got ahead of me again, the acquisition is still part of the mpact strategy, but I guess I will have to wait a bit longer. The news today is 'just' record earnings report! 28 consecutive quarters with increased earnings. This will be the last report as being the original Mpact, next will be the merged Co.(still Mpact) but with Bell Emergis, which tripples last years revenues. In summary: '98 Revenue $28.4 million,increase of 49% over '97 year end. Net profit of $.11/share compared to($.76)for'97. 4Q98 increased 45% over'97. Impressive results exceeded management and analysts projections. The following is extracted from the earnings report to give a flavour of the 'global' aspect that I stated in the previous post. In addition to accomplishing record revenues and profits in 1998 the Company concluded significant marketing transactions. MPACT signed agreements with Nations Banks, Hongkong Bank of Canada, Amalgamated Banks of South Africa (ABSA), and Bank of Tokyo. In the mortgage services sector, MPACT signed agreements with Freddie Mac, Norwest Bank, Cendant Corporation and Employee Relocation Council in Washington, DC. In the merchant enabling sector, MPACT Immedia signed key distribution agreements for Club Web with Compaq and Microsoft and important customer agreements with Cybernet and Intertops. MPACT Immedia delivers network-centric business solutions that enable and become an integral part of customer processes. Its e-commerce solutions enable organizations to better compete in the global marketplace. Following its recently concluded merger with the Electronic Business Solutions (EBS) unit of Bell Emergis, the combined entity is one of the top tier electronic commerce providers in the world. For more information, please refer to our Web site www.mpactimmedia.com.