Corporate Profile for Auteo Media Inc., dated February 8, 2002.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.
Published Date: February 8, 2002
Company Name: Auteo Media Inc.
Address: 22125 17th Ave SE, No. 105
Bothell, Wash. 98021
Main Telephone
Number: 425/415-1694
Internet Home
Page Address
(URL) www.auteo.com
Chief Executive
Officer: Steve Van Leeuwen
Chief Financial
Officer: Ronald Clayton
Investor Relations
Contact: Investor Relations, Ext 222
Business number: 425/415-1694 x222
E-mail address: invest@auteo.com
Public Relations
Contact: Steve Van Leeuwen
Business number: 425/415-1694 x222
E-mail address: steve@auteo.com
Industry: Automotive
Trading Symbol/
Exchange: OTCBB:AUTM
Market Makers: HRZG, HILL, SCHB, NITE, LTCO, FRAN, NATL, SLKC,
FLTT, MHMY, PGON, GVRC, OGRU
Company Description: OVERVIEW We are an automotive software Automotive software is a software driving a microcontroller within automobiles. These microcontrollers are usually specific to automotive applications usually containing integrated bus transceivers interfaces for bus systems like LIN, CAN, MOST, LAN among others. and communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. offering online and point-of-purchase marketing, commerce and customer relationship systems to auto dealerships. We capture revenue from dealerships at multiple stages in the process of marketing new and used vehicles to their buyers. Our California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). and Northwest For names and places containing the slightly longer word 'northwestern' (or variants), see . Northwest or north west is the ordinal direction halfway between north and west on a compass. It is the opposite of southeast. Dealer Specialties business collects automotive data and digital pictures and prints customized window labels on behalf of car dealerships This article is about car dealerships. For the indie pop band, see Dealership (band). A car dealership or vehicle local distribution is a business that sells new cars and/or used cars at the retail level, based on a dealership contract with an automaker or . The data is sent to multiple automotive internet sites including the dealerships' in some cases. The Company promotes and creates verbal and e-mail based communications between consumers and sellers of autos. Dealerships can track and manage these communications with its customer relationship management system ContactAuto(TM). This software is Internet based and accessed through certain wireless, Internet ready devices. Auteo Media, Inc provides web site management and hosting services through our Go2Dealer software system and Dealerhost data center. The Company provides inventory management and search system development for its regional Internet portals of www.nwautos.com and the wireless version www.pocketauto.com. Additionally, the Company offers "plug-in An auxiliary program that works with a major software package to enhance its capability. For example, plug-ins are widely used in image editing programs such as Photoshop to add a filter for some special effect. " software tools such as Mypartlink for existing auto dealership web sites to perform commerce transactions for their in-stock auto accessories. We derive de·rive v. 1. To obtain or receive from a source. 2. To produce or obtain a chemical compound from another substance by chemical reaction. the majority of our revenues from dealerships paying us for our data collection and window label services. This revenue is collected at the time the service is provided and is not dependent upon the sale of the vehicle. For the nine months ended September September: see month. 30, 2001 and 2000, revenues from all products and services were $1,091.4 thousand and $659.9 thousand, respectively. For the three months ended September 30, 2001 and 2000, revenues from all products and services were $416.0 thousand and $223.2 thousand, respectively. GROSS PROFIT Gross profit increased to $987.7 thousand from $603.7 thousand for the nine months ended September 30, 2001 and 2000, respectively. This represents an increase of $384.0 thousand or 64% for the nine months ended. Gross profit increased to $381.1 thousand from $219.8 thousand for the three months ended September 30, 2001 and 2000, respectively. This represents an increase of $161.3 thousand or 73% for the three months ended. This increase is attributed to the increase in revenues and profitability of new product lines. EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become (LOSS) EBITDA is the primary metric used by the chief operating decision-makers to measure the Company's ability to generate cash flow. EBITDA is defined as earnings, excluding other income, before income taxes, interest, depreciation and amortization charges. Investors should not view EBITDA as an alternative to generally accepted accounting principles The standard accounting rules, regulations, and procedures used by companies in maintaining their financial records. Generally accepted accounting principles (GAAP) provide companies and accountants with a consistent set of guidelines that cover both broad accounting , or to cash flows from operating, investing and financing activities as a measure of liquidity. EBITDA decreased from a negative $204.5 thousand for the three months ended September 30, 2000 to a negative $15.0 thousand for the three months ended September 30, 2001. This represents a decrease in EBITDA loss of 93%. Share Outstanding 12/31/01 of 6,554,883 Debt. None as of 12/31/01 Stock Transfer Agency Pacific Stock Transfer 5844 S. Pecos Pecos, city, United States Pecos (pā`kəs), city (1990 pop. 12,069), seat of Reeves co., W Tex., on the Pecos River; inc. 1903. Road Ste. D Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , NV 89120 702/361-3033 |
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