Corporate Profile for TCSI Corporation, dated June 19, 1998.--(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 19, 1998
Company Name: TCSI Corporation
Address: 1080 Marina Village Parkway
Alameda, CA 94501
Main Telephone
Number: 510/749-8500
Internet Home
Page Address
(URL): www.tcsi.com
Chief Executive
Officer: Ram A. Banin
Chief Financial
Officer: Arthur H. Wilder
Investor Relations
Contact: Leigh Salvo
Business number: 510/749-8653
Public Relations
Contact: Gary Berlind of Gary Berlind Public Relations
Business number: 510/525-4110
Trading Symbol/
Exchange: NASDAQ/TCSI
Industry: Telecom
Market Makers: BT Alex Brown, Furman Selz, PaineWebber Inc.
-0- Company description: TCSI TCSI Transaction Code Status Indicator (telecommunications) TCSI Transaction Code Status Indicator (telecommunications billing) TCSI Tri-City Software, Inc. TCSI Transmitter Channel State Information is a leading provider of integrated software Separate software components or applications that have been combined into one package. See integrated software package. products and services for the global telecom industry. A pioneer in object-oriented technology See object technology. , TCSI products and services enable telecom service providers and equipment manufacturers to rapidly meet the growing demand for integrated and automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. management of a wide range of networks and services. TCSI serves its customers in offices throughout 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 Europe (y  r`əp), 6th largest continent, c.4,000,000 sq mi (10,360,000 sq km) including adjacent islands (1992 est. pop. 512,000,000). 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. .TCSI reported fourth quarter revenues for 1997 were $10.5 million, of which $10.4 million was telecom revenue, an improvement from telecom revenues of $9.4 million in the fourth quarter of 1996. This represents the company's fourth consecutive quarter of telecom revenue growth. The company also reported a fourth quarter 1997 net loss of approximately $0.6 million and a loss per share of $0.03. Net income and earnings per share for the fourth quarter of 1996 were $1.4 million and $0.07, respectively. Results for 1996 include the gains associated with the licensing of the company's wireless business to Atmel, a one-time event in the fourth quarter of 1996 that added $0.24 to earnings per share on a diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. basis. For the year ended December 31, 1997, the company reported revenues of $39.6 million, of which $39.0 million was telecom revenues, compared to telecom revenues of $42.9 million a year ago. The net loss for 1997 was $2.6 million, or a loss per share of $0.12 versus net income of $0.3 million and earnings per share of $0.01 in 1996.
CONTACT: TCSI Corporation
www.tcsi.com
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