Corporate Profile for Electronic Clearing House Inc., dated Oct. 2.AGOURA HILLS, Calif.--(BUSINESS WIRE)--Oct. 2, 1998--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. -0-
Published Date: Oct. 2, 1998
Company Name: Electronic Clearing House Inc.
Address: 28001 Dorothy Dr.
Agoura Hills, Calif. 91301
Main Telephone
Number: 818/706-8999
Internet Home
Page Address
(URL) www.echo-inc.com
Chief Executive
Officer: Joel M. Barry
Chief Financial
Officer: Alice Cheung
Investor Relations
Contact: Donna Camras
Business number: 818/706-8999, ext. 3033
Public Relations
Contact: Donna Camras
Business number: 818/706-8999, ext. 3033
Trading Symbol/
Exchange: Nasdaq:ECHO
Industry: Computer/Finance
Market Makers: Herzog, Heine, Geduld Inc.; Knight Securities L.P.;
Sherwood Securities Corp.; Mayer & Schweitzer Inc.;
M.H. Meyerson & Co.; Nash Weiss
Company description: Electronic Clearing House Inc. ("ECHO Echo, in Greek mythology Echo, in Greek mythology, mountain nymph. She assisted Zeus in one of his amorous adventures by distracting Hera with her chatter. For this Hera made her unable to speak except to repeat another's last words. ") is a provider of hardware and network services to customers on a national scale, specializing in merchant credit card processing, equipment rental RENTAL. A roll or list of the rents of an estate containing the description of the lands let, the names of the tenants, and other particulars connected with such estate. This is the same as rent roll, from which it is said to be corrupted. inventory management and Internet-related services. The company currently operates four active subsidiaries, all wholly owned by the company, to coordinate Belonging to a system of indexing by two or more terms. For example, points on a plane, cells in a spreadsheet and bits in dynamic RAM chips are identified by a pair of coordinates. Points in space are identified by sets of three coordinates. its business activities. 1. National Credit Card Reserve Corp. -- provides credit card processing, inventory management services and Internet-related services. 2. ECHO Payment Services Inc. -- leases, rents and sells point-of-sale point of sale n. pl. points of sale A business or place where a product or service can be purchased. Also called point of purchase. point ("POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ") terminals and related equipment. 3. Computer Based Controls Inc. -- designs, manufactures and sells POS terminals and related equipment. 4. XpressCheX Inc. -- provides check guarantee services to California-based merchants. The company generated sales of approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. $18.6 million for fiscal year 1997 and $15.5 million for the nine months ended June June: see month. 30, 1998. The company reported net income of $696,000 for the nine months ended June 30, 1998. The company's stock had a 52-week high/low of $2.00 and $0.68, respectively. |
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