Logisoft's CEO David Wilkerson and CFO John Van Heel talk to The Wall Street Transcript.Business EditorsNEW YORK--(BUSINESS WIRE)--Oct. 30, 2000 The Wall Street Transcript A generic term for any kind of copy, particularly an official or certified representation of the record of what took place in a court during a trial or other legal proceeding. A transcript of record has published an in-depth interview with David Wilkerson, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , and John Van Heel, CFO See Chief Financial Officer. , both at Logisoft (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: LGST), in which they talk at length about the company's future. The entire 3,600-word interview is available free online at http://www.twst.com/ceos.htm Wilkerson gives an overview of the company. "Logisoft was formed in 1989 as a software and hardware solution provider, mainly in the educational area for kindergarten kindergarten [Ger.,=garden of children], system of preschool education. Friedrich Froebel designed (1837) the kindergarten to provide an educational situation less formal than that of the elementary school but one in which children's creative play instincts would be through 12th grade, and some college as well. This business is now known as Logisoft Computer Products. Logisoft Interactive, which is the Web development group, was started in 1996. That's the basis of where the company is today." Van Heel explains, "We have our global e-business platform that enables e-commerce in more than 50 countries. This summer we launched the Japanese site for the Sentry Group, so now a Japanese citizen can go to the site, see it in Japanese, and buy online in yen. Today, the market for e-business globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation is very large and growing, so there are opportunities for a number of players." Looking forward, Wilkerson states, "We're pursuing our vision to develop a suite of products that will make it easy for companies to target global markets on the Internet. We're going to expand our presence nationally in the major US cities. Continuing with Saatchi & Saatchi as a preferred partner is another strategic card. Saatchi's Rochester office is bringing its client base to Logisoft for Internet development work. We're definitely going to expand and further tighten that relationship." This interview is part of a 79-page e-Finance Issue available at http://www.twst.com/info/info201.htm or by calling (212) 952-7433. The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors Long-term investor A person who makes investments for a period of at least five years in order to finance his or her long-term goals. for over 37 years. The Wall Street Transcript has launched a new free service where investors can ask Logisoft Corporation (or any public company) a question at http://www.qawire.com. The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call (800) 246-7673. |
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