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InfoUSA provides business and consumer marketing information products and data processing services. The Company's key assets include a proprietary database of over 11 million businesses and a consumer database of over 113 million households and 180 million individuals in the United States and Canada. The Company leverages these key assets by selling a broad range of marketing information products and data processing services through targeted distribution channels. The Company's consumer CD-ROM products include titles such as 104 Million Businesses and Households, Streets USA, American Yellow Pages, American Manufacturers Directory, Big Business Directory, Entrepreneurs Directory and Physicians & Surgeons Directory. The Company continually updates its databases to reflect the formation of new businesses, entities going out of business, changes relating to existing businesses, such as new offices, new officers or new lines of business, and changes of consumer names and addresses. InfoUSA and its subsidiaries, provides business and consumer marketing information products and data processing services throughout the United States and Canada. For the nine months ended 9/99, net sales rose 9% to $188.3 million. Net income before extraordinary item rose from $866 thousand to $12.9 million. Revenues reflect the acquisition of Donnelley. Earnings also benefitted from lower S/G/A and acquisition related costs, and the absence of provision for litigation settlement. InfoUSA and its subsidiaries, provides business and consumer marketing information products and data processing services throughout the United States and Canada. For the nine months ended 9/99, net sales rose 9% to $188.3 million. Net income before extraordinary item rose from $866 thousand to $12.9 million. Revenues reflect the acquisition of Donnelley. Earnings also benefitted from lower S/G/A and acquisition related costs, and the absence of provision for litigation settlement. | ||||||||||||
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