Corporate Profile for Exigent International Inc., dated June 27, 1997.--(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. -0-
Published Date: June 27, 1997
Company Name: Exigent International Inc.
Address: 1225 Evans Rd.
Melbourne, FL 32904
Main Telephone
Number: 800/952-XGNT (9468)
Chief Executive
Officer: Bernard R. ("Bernie") Smedley
Chief Financial
Officer: Don F. Riordan
Investor Relations
Contact: Jim Wheeler, Jim Wheeler Associates
Business number: 847/918-8464
Trading Symbol/
Exchange: OTC:XGNT, XGNTW
Industry: Aerospace, telecommunications, airport security
Market Makers: Public Securities, William V. Frankel, Hill
Thompson Magid, Paragon Capital Corp., Sharp Capital
Company description: Exigent EXIGENT, or EXIGI FACIAS, practice. A writ issued in the course of proceedings to outlawry, deriving its name and application from the mandatory words found therein, signifying, "that you cause to be exacted or required; and it is that proceeding in an outlawry which, with the writ of was created as a publicly held company to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. opportunities withing the high-tech aerospace domain, and to expand application of its core technologies. Exigent's subsidiary, Software Technology Inc. (STI STI systolic time intervals. ), specializes in command and control applications for satellites. STI recently introduced FotoTag(TM), an airport security system which tracks passengers and luggage LUGGAGE. Such things as are carried by a traveller, generally for his personal accommodation; baggage. In England this word is generally used in the same sense that baggage is used in the United States. See Baggage. using digital photo images. STI works with government agencies and Fortune 500 companies including the Naval Research Laboratory Noun 1. Naval Research Laboratory - the United States Navy's defense laboratory that conducts basic and applied research for the Navy in a variety of scientific and technical disciplines NRL , Motorola and Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. , providing ground control software for IRIDIUM iridium (ĭrĭd`ēəm), metallic chemical element; symbol Ir; at. no. 77; at. wt. 192.22; m.p. about 2,410°C;; b.p. about 4,130°C;; sp. gr. 22.55 at 20°C;; valence +3 or +4. (R) and the Global Positioning System Global Positioning System: see navigation satellite. Global Positioning System (GPS) Precise satellite-based navigation and location system originally developed for U.S. military use. (GPS). -0-
CONSOLIDATED EARNINGS DATA
First Qtr. Ended Apr. 30 Year Ended Jan. 31
(in thousands except per share)
1997 1996 1997(a) 1996
_______ _______ _______ _______
Revenues $ 8,114 $ 7,112 $29,936 $25,292
Gross Profit 1,785 1,485 5,247 5,884
Operating Income
(Loss) 514 387 (337) 1,888
Net Income (Loss) 289 232 (486) 1,132
Net Income (Loss)
Per Share $ .06 $ .06 $ (.13) $ .29
Weighted Avg.
Shares Out. 4,484 3,859 3,643 3,859
(a) Over $1 million in costs for going public.
Traded: EBB XGNT, XGNTW
Recent Price: 2 1/4
Price Range: 2 - 4
(R) IRIDIUM is a registered trademark and service mark of Iridium
Inc.
CONTACT: Exigent International Inc. |
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