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Worldgate Communications Inc

 
Hoover's Profile: WorldGate Communications, Inc.
(OTC:WGAT)
Contact Information
WorldGate Communications, Inc.
3190 Tremont Ave.
Trevose, PA 19053
PA Tel. 215-354-5100
Fax 215-354-1049

Type: Public
On the web: http://www.wgate.com
Employees: 27
Employee growth: (30.8%)

WorldGate Communications has its eye on the video phone market. The company markets the Ojo video phone, which uses broadband Internet connections and video screens to allow people to see one another while chatting. The Ojo includes a cordless handset and a display unit with a camera, video screen, and interface ports. The product is targeted at home and business users. The Ojo also is used by people with hearing disabilities, as it enables them to use American Sign Language to communicate. WorldGate sells through distributors, broadband service providers, and retailers.

Key numbers for fiscal year ending December, 2008:
Sales: $3.0M
One year growth: (13.8%)
Net income: ($9.3)M

Officers:
Chairman: Robert Stevanovski
CEO: George E. Daddis Jr.
VP and CFO: Joel I. Boyarski

Competitors:
8x8
D-Link
Leadtek

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