Corporate Profile for Berlitz International, dated Sept. 22, 1995.--(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 information services. These include Dow Jones News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine, CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI Data Courier, NewsBank, Information Access Company and many others. -0- Published date: 9/22/95 Company name: Berlitz International Inc.
Address: 293 Wall Street
Princeton, N.J. 08540
Telephone No.: 609/924-8500 Chief Executive Officer: Hiromasa Yokoi Chief Financial Officer: Henry D. James Investor Relations Contact: Richard Blaustein Business number: 609/497-9988 Public Relations Contact: Patricia Sze Business number: 609/497-9940 Trading symbol: NYSE: BTZ
Industry: Educational language and translation services,
publishing
Company description: Berlitz International Inc. conducts operations through three business segments. Financial highlights for the year 12/31/94, in thousands of dollars, follow: Sales: Language Instruction $244,502 Translations 39,997 Publishing 15,735 Total $300,234 Net Income $ 909 During the year ended 12/31/94, the low and high share price of common stock, as traded on the NYSE, was $12 1/2 and $14 5/8. Language Instruction: At 12/31/94, Berlitz owned 320 language centers in 32 countries. The centers use the Berlitz(R) Method(TM), a proven technique that enables students to acquire a working knowledge of a foreign language in a short period of time. With its primary objective to develop conversational comprehension and speaking skills, Berlitz combines live instruction with proprietary written, audio-visual and CD-ROM support materials to ensure a fast, effective, and enjoyable learning experience. While its language centers have traditionally been wholly-owned, Berlitz plans to franchise language centers in certain countries to expand the reach of its language center business. Translations: Berlitz Translations provides high quality technical translation, interpretation, software localization, electronic publishing, and other foreign language-related services. Publishing: Berlitz publishes pocket-size travel guides and language phrase books. Publishing's list includes an extensive range of bilingual dictionaries, trade paperback travel guides and self-teaching language products. CONTACT: Berlitz International Inc. |
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