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Corporate Profile for Thomas Nelson Inc., dated March 6, 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:   March 6, 1998

Company Name:     Thomas Nelson Inc.

Address:          501 Nelson Place
                  P.O. Box 141000
                  Nashville, TN 37214
Main Telephone
 Number:          615/889-9000

Internet Home
 Page Address
  (URL):          www.ThomasNelson.com

Chief Executive
 Officer:         Sam Moore

Chief Financial
 Officer:         Joe L. Powers

Investor Relations
 Contact:         Phyllis Williams
 Business number: 615/902-1305

Trading Symbol/
 Exchange:        TNM/NYSE

Industry:         Publishing

Market Makers:    A.G. Edwards, J.C. Bradford, Paine Webber





Company description: Thomas Nelson Thomas Nelson may refer to:
  • Thomas Nelson, 2nd Earl Nelson (1786-1835), British nobleman, born Thomas Bolton.
  • Thomas "Tommy" Nelson, mayor of the City of New Roads, Pointe Coupee Parish, Louisiana.
 Inc. is a leading publisher, producer and distributor of books emphasizing Christian, inspirational and family value themes, and believes it is the largest commercial publisher of Bibles and inspirational books in the English language English language, member of the West Germanic group of the Germanic subfamily of the Indo-European family of languages (see Germanic languages). Spoken by about 470 million people throughout the world, English is the official language of about 45 nations. . The Company also designs, manufactures and markets a broad line of gift and stationery products.

For the fiscal year ended March 31, 1997, the Company had net revenues of $243.4 million, an increase of 10.7% from the previous fiscal year. Earnings from continuing operations continuing operations

Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the
 increased to $9.5 million, or $0.56 per share, versus a $0.06 per share loss in the previous fiscal year.

The Company also realized a gain from the sale and operations of its music division of $16.6 million, net of tax, or $0.96 per share. Total earnings per share were $1.52 in fiscal 1997.

During 1998, Thomas Nelson Inc. celebrates its 200th year as a Company that publishes, produces and markets products that honor God and serve humanity. From "Pilgrim's Progress Pilgrim’s Progress

Bunyan’s allegory of life. [Br. Lit.: Eagle, 458]

See : Journey
" and the development of the rotary press to modern Bible translations, books, gifts, CD-ROMs and the internet, Thomas Nelson has become the world's largest Christian content provider.

Nelson stock trades on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 (TNM TNM tumor-nodes-metastasis; see under staging.

TNM

tumor, nodes and metastases; a system of cancer staging (see TNM staging).
: NYSE NYSE

See: New York Stock Exchange
).

CONTACT: Thomas Nelson Inc.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 6, 1998
Words:325
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