Corporate Profile for RSI Systems, Inc., dated March 24, 2000.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. -0-
Published Date: March 24, 2000
Company Name: RSI Systems, Inc.
Address: 5555 West 78th Street No.F
Minneapolis, MN 55439
Main Telephone
Number: 612-896-3020
Internet Home
Page Address
(URL) www.rsivideo.com
Chief Executive
Officer: Eugene W. Courtney
Chief Financial
Officer: James D. Hanzlik
Investor Relations
Contact: James D. Hanzlik
Business number: 612-896-3020
E-mail address: N/A
Public Relations
Contact: James D. Hanzlik
Business number: 612-896-3020
E-mail address: N/A
Industry: Telecommunications/Videoconferencing
Trading Symbol/
Exchange: RSIS/OTC Bulletin Board
Market Makers: Miller, Johnson & Kuehn, Inc.
Hill, Thompson, Magid &Co., Inc.
Herzog, Heine, Geduld, Inc.
M.H. Meyerson & Co., Inc.
Knight Securities, Inc.
Paragon Capital Corporation
Sharpe Capital, Inc.
Spear, Leeds & Kellogg Capital Markets
Wien Securities Corp.
Company description: RSI (Repetitive Strain Injury) Ailments of the hands, neck, back and eyes due to computer use. The remedy for RSI is frequent breaks which should include stretching or yoga postures. is a Minnesota-based company providing high-performance videoconferencing A real time video session between two or more users or between two or more locations. Although the first videoconferencing was done with traditional analog TV and satellites, inhouse room systems became popular in the early 1980s after Compression Labs pioneered digitized video systems products and services. These solutions leverage and extend generally available communications networks The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. to bring together people and processes otherwise separated by time and distance. RSI's current generation product, the MediaPro 384(TM) Videoconferencing System, is a versatile, high performance, software-based videoconferencing engine that can be inserted into virtually any type of OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and or end-user product configuration without change and can be configured into a broad family of multimedia systems. RSI sells its products and services utilizing a multi-channel approach which includes resellers, distributors and other private label/strategic business relationships in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. . Since its IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. in July 1995 RSI's annual sales have increased from approximately $1.6 million for the year ending June 30, 1995, to approximately $9.2 million for the most recently completed year ending June 30, 1999. The Company's net loss for the year ending June 30, 1999 was approximately $878,000. The Company's stock was transitioned from the Nasdaq SmallCap market to the OTC bulletin board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. in December, 1999. The stock high and low for the last 52 weeks has ranged from $3.75 to $.34 per share. |
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