71.4 F
San Diego
Thursday, Sep 19, 2024
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Proxy

iaSat Inc. designs, produces and markets advanced digital satellite telecommunications and other networking and signal processing equipment.

Value

Total number of shares outstanding as of July 5, 2000 10,900,000

Price of each common stock as of July 5, 2000 $54.13

Aggregate market value as of July 5, 2000 $590,077,000

Performance Record

For year ended March 31, 1999, in thousands, except per-share data

1999 1998 1997

Revenues $71,509 $64,197 $47,715

Net income (loss) $6,296 $5,287 $3,172

Net income (loss) per share $0.79 $0.68 $0.66

Total assets $50,016 $42,793 $35,674

Directors

Mark Dankberg was a founder of the company and has served as chairman of the board, president and CEO of the company since its inception in May 1986. Dankberg also serves as a director of Connected Systems.

James Bunker has been a director of the company since February 1997. In

July 1998, Bunker was named president and CEO of Objective Communications, Inc.

Dr. Robert Johnson has been a director of the company since 1986. Johnson has worked in the venture capital industry since 1980, and has acted as an independent investor since 1988. Johnson currently is a director of Hi/fn and Stac Software Inc.

William Owens has been a director of the company since August 1998. Owens has been co-CEO and vice chairman of Teledesic LLC and chairman and CEO of affiliated Teledesic Holdings Ltd. from August 1998 to the present.

Dr. Jeffery Nash has been a director of the company since 1987. Since1994, he has been president of Digital Perceptions Inc.

B. Allen Lay has been a director of the company since 1996. Since 1983, he

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