| Vital
Stats |
| Fiscal
Year End |
December
31 |
| 52
Week High - Low |
$4.66
to $1.00 |
| Recent
Price (3/6/01) |
$1.39 |
| Revenue
(est. 2000 FYE) |
$3,4
million |
| Shares
Outstanding |
6.693
million |
| Float |
1
million |
| Market
Cap |
$9.3
million |
| *subject
to change based upon completion of pending acquisitions |
|
Imark
Corporation
390 Bay Street, Suite 710
Toronto, Ontario
M5H 2Y2 Canada
Phone
(416) 971-4421
Investor
Relations: Dino DiVito, CFO / dino.divito@imarkcorp.com
Corporate Web site: www.imarkcorp.com
Investment
Highlights:
- Huge
target market -- $315 billion trucking fleet industry in North
America
- Solid
revenue producer poised to breakout with the launch of initiatives
in progress
- Plans
are under way to apply for trading on a U.S. stock exchange
- Strong
balance sheet - Current ratio is 2:1 and 30% coverage of current
debt with equity
- Attractive
price to sales multiple of 2X sales
- Imark
is using Computer Associates International, Inc. (NYSE: CA)
innovative Jasmine(ii) eBusiness platform to support its eHighwayman.com
portal.
ption
of cash-restrictive convertible debt and provided capital for ongoing
expansion
 |
Business
Summary |
 |
Imark
Corporation is a diverse multi-media company that is based
in Toronto, Ontario Canada and trades on the Toronto Stock Exchange.
Imark’s business units are currently active in four distinct communication
channels: Business-2-Industry on a virtual private satellite network,
distribution and audio content delivered over the Internet, books
on tape and television production.
eHighwayman.com
is a B2I (Business to Industry) solution, being developed with
Computer Associates to address trucking industry issues that relate
to managing a mobile, geographically dispersed work force.
Audioeverywhere.com
is a division of Imark that delivers digital audio content on
demand.
DH
Audio is a provider of books on tape and Imark’s signature
unit as the company’s first business endeavor.
Imark
also operates Animazing Entertainment, which produces and
distributes the ‘The Swamp Critters of Lost Lagoon™’ children’s
television programming. Animazing also provides live ‘Critters’
characters at two U.S. theme parks and sells Swamp Critters merchandise.
 |
Brand
Names and Business Units |
 |
eHighwayman.com
is business-2-industry virtual private network.
eHighwayman.com
will provide a complete and comprehensive, Web-enabled, private-satellite-network
designed for truck drivers, fleet owners/operators and others
in the transportation industry. The eHighwayman communication
portal will allow users to access and retrieve critical information,
download audio, enhance their safety knowledge, expand fleet-to-driver
communication and reduce driver turnover. Imark is a leader in
marketing fixed media audio content to the trucking industry and
a synergy with its audio business will give truckers enhanced
access on the eHighwayman site.
eHighwayman.com
will provide Web-enabling services through a Virtual Private Network
(VPN), which will be designed and deployed with the best of breed
technology partners. This will allow Imark to provide its product
and services in a two-way, secure environment to its customers.
Strategies
and Objectives for eHighwayman.com
eHighwayman.com
will target fleet operations, primarily in the U.S. and will provide
truckers with critical information such as road conditions, weather
forecasts, hazardous materials regulations, driver safety data,
communications with fleet managers, message boards and chat rooms
in addition to personal and entertainment content.
eHighwayman.com
will be a complete, one-stop portal that provides truckers with
the latest hourly information and day-to-day updates. The site
will enable truckers with real-time access and provide them with
intelligence to specific changes that affect their business day.
Audioeverywhere.com
is in the beta development stage to deliver audio content on demand.
Audioeverywhere.com
is a functioning site that leverages Imark's existing business
infrastructure, content and customer relationships while capturing
additional value in the supply chain by avoiding the cost of physical
distribution to the consumer. This model will provide access to
content and the gratification of immediate delivery.
Strategies
and Objectives for Audioeverywhere.com
Audioeverywhere.com
will act as an "audio hub" for niche target markets, providing
specific content to each market and will also supply audio to
the different portals, which Imark will develop with its technology
partners. The audio hub enables Imark to provide it's own content
as well as others to customers through either hand held portable
audio download players such as the Diamond Rio 500 and the RCA
LYRA or through the recently announced iRadio from Motorola.
DH
Audio offers more than 1,400 audio titles on tape and CD.
DH
Audio provides “Books-on-Tape” to thousands of listeners and regularly
posts a positive annual revenue growth rate. DH Audio has strategic
alliances with Harlequin Enterprises and Bloomberg Press and is
well represented in categories such as mystery, westerns, science
fiction, romance, action adventure, humor, women's fiction, classics,
and cast radio productions.
Strategies
and Objectives for DH Audio
DH
Audio consistently adds to its product line and offers its audio
titles both in standard retail outlets and in unique, market-niche
environments. Imark has established direct synergies between its
DH Audio unit and all of its other business units in varying capacities.
The company continually seeks to build on its audio library and
take advantage of marketing its product-line through other Imark
units.
Animazing
Entertainment Inc., is the owner of the licensed rights to
The Swamp Critters of Lost Lagoon™.
The
key creator behind Animazing Entertainment is singer/songwriter/director
Bobby Goldsboro. Mr. Goldsboro originated "The Swamp Critters
of Lost Lagoon™" characters and musical TV series out of a search
for wholesome, values-based children's entertainment. Imark has
produced a total of 52 ½ hours of episodes, which air five
times a week on the Inspirational Network reaching 30 million
television households. A further 3.5 million households are reached
as the series airs in both English and in Spanish on the Sky Angel
Satellite Broadcasting Network.
The
show quickly gained a distinctive broad identity both because
of its content and Mr. Goldboro's distinctive musical talents
as song composer as well as writer and director for the series.
The show was also awarded the Seal of Approval from the prestigious
Dove Foundation, which identifies and promotes quality programming
suitable for family viewing and was also awarded The Parents Choice
Gold Seal for quality family content.
Animazing
Entertainment has also signed a licensing agreement with Jazzland
Inc., a national-level, 140-acre destination theme park developed
by theme park giant Ogden Entertainment Inc. Jazzland opened in
New Orleans on May 18, 2000. The Jazzland deal will build on the
Swamp Critters brand recognition, as the characters will be interactive
with the expected 1.8 million park visitors per year.
 |
Corporate
Strategies |
 |
Approximately
90 percent of Imark's revenues are derived from the United States.
Imark’s central marketing efforts are U.S. based and the company
intends to apply for trading representation on a U.S. stock exchange.
Imark's
mission is dedicated to delivering its products at below-competition
prices to audiences that are carefully defined and meticulously
targeted. The company adopted a growth strategy last year that
has established it’s positioning this year. Imark is poised to
make use of the newest digital technologies in a manner that will
maximize value and convenience to its various constituencies of
customers while minimizing distribution costs to the company.
 |
Management
& The Board of Directors |
 |
Imark’s
management and Board of Directors offer an extensive and diverse
background. The board consists of individuals with expertise in
such fields as telecommunications, information technology and
marketing. Brian Neill, President, CEO and Director, heads Imark
Corporation.
A
native and resident of New Brunswick, Mr. Neill, one of the founders
and former President and CEO of Star Choice Communications Inc.,
was instrumental in the development and growth of Star Choice
Television Network into a nationwide satellite solutions company
and a leading provider of direct-to-home television services in
Canada. In 1998 Mr. Neill was nominated for the Atlantic Canada
Entrepreneur of the Year. The award was in honor of his entrepreneurial
skills in establishing Star Choice and his participation in building
it into the successful venture it is today, with over 500,000
customers.
|
Board
of Directors |
| Peter
Aitken |
Partner
in investment banking firm Brawley Cathers and Chairman
of Aitken Lees Capital. |
| Senator
Jerry Grafstein |
Counsel
in the law firm Mindon Gross Grafstein & Greenstein
and a Federal Senator. |
| Brian
Neill |
President
& CEO of Imark. |
| Steve
Ridley |
President
of Ridley International and Executive Counsel of Quixstar. |
| Derek
Tennant |
President
of Counsel Development Services Inc. and IQ Properties
Inc. |
| Nelson
Thall |
Research
Director of the Centre for Media Sciences and prior
President of the Marshall McLuhan Center. |
| George
Shafran |
President
of Geo. P. Shafran & Associates, Vice Chairman
of Heritage Bank and founder of Multi Listing Service. |
|
Safe
Harbor Statement:
Statements contained in this document, including those pertaining
to estimates and related plans other than statements of historical
fact, are forward-looking statements subject to a number of
uncertainties that could cause actual results to differ materially
from statements made.
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|