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Re: Cassandra post# 39441

Thursday, 06/26/2003 7:55:20 PM

Thursday, June 26, 2003 7:55:20 PM

Post# of 93821
Shareholders sure are nice to the execs, paying them nice salaries, bonuses and perks. BTW, the reason that Putnam's salary is not shown is that he likely makes less than $100K from EDIG being that he is split between EDIG & ATCO. It's likely that he does well and also got a bonus this FY.

SUMMARY COMPENSATION TABLE 

Long Term
COMPENSATION
Name and Fiscal Annual Compensation Options All Other
-
PRINCIPAL POSITION YEAR SALARY BONUS OTHER (# OF SHARES) COMPENSATION
------------------ ---- ------ ----- ----- ------------- ------------

Alfred H. Falk, Chief Executive 2003 $154,974 $35,000 $9,600 (1) -0- -0-
Officer 2002 $155,269 $-0- $10,792 (1) -0- -0-
2001 $155,000 $38,750 $24,403(1) 25,000 -0-


Jim Collier, President and Chief 2003 $132,762 (2) $50,000 $31,363(3) 800,000 -0-
Operating Officer 2002 $141,346 (2) $-0- $1,997 (3) 250,000 -0-

Ran Furman, Chief Financial Officer 2003 $150,000 $25,000 $944 (5) 350,000 -0-
2002 $73,846 (4) $-0- $1,806 (5) 250,000 -0-



Notes:
 


(1) Includes auto allowance of $9,600 in 2003, 2002 and 2001 and unused
vacation of $1,192 and $14,803 in 2002 and 2001, respectively.
(2) Mr. Collier began his employment in April 2001 and resigned as President
and Chief Operating Officer in November 2002 and resigned from the Board of
Directors in April 2003.
(3) Represents severance of $16,667 in 2003 and unused vacation of $14,696 and
$1,997 in 2003 and 2002, respectively.
(4) Mr. Furman began his employment in September 2001.
(5) Represents Company match of 401(k) of $944 and $1,029 in 2003 and 2002,
respectively and unused vacation of $777 in 2002.




~Cassandra



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