TRANSMEDIA ASIA PAC (OTC:MBTA)
Industry: Technology
Transmedia Asia Pacific, Inc., through its subsidiaries and affiliates, is a provider of membership-based consumer benefit and marketing programs for businesses on an international scale. The Company has developed or acquired a range of consumer benefits that include discount shopping, dining, travel, hotel accommodation and telephone helpline services. The Company sells access to these benefits directly to consumers, and also uses them to develop marketing programs for corporations. The marketing programs provided by the Company to corporations comprise specifically designed benefit-based consumer loyalty programs to assist such corporations with customer acquisition, activation and retention. The Company's various membership-based consumer benefit and loyalty programs are currently offered in 28 countries and globally via the Internet. The Company is currently comprised of three business segments. Member Benefits/Loyalty Marketing Business The Company's member benefit business is comprised of Nationwide Helpline Services. There are various discount benefits offered by its affiliates Countdown Holdings Limited, Countdown USA, Inc. and Logan Leisure. Nationwide Helpline Services (NHS) is a loyalty marketing business, based in Australia, which sells its member benefit programs on a wholesale basis to a wide range of corporations that typically brand the services under their own name. The programs offered by NHS enable its corporate clients to provide additional benefits to their own customer base. NHS provides telephone helpline services covering advice on legal, tax, accounting, medical and home emergency. In addition, NHS provides international medical case management and repatriation services to a number of insurance companies through a division known as IMAN. As of September 30, 2000 NHS had approximately 850,000 members entitled to use the services. The Countdown business is primarily a membership-based business that arranges discounts with suppliers of goods and services for its members. Countdown has approximately 7,000,000 members and approximately 75,000 participating merchants in 28 countries. Over 25,000 of these merchants are located in the United Kingdom. Countdown operates through licensees in the Asia-Pacific region, the Caribbean, Benelux, Russia and Israel. In fiscal 2000, Countdown reacquired the Countdown operation in Italy from a licensee. The Countdown business has expanded into e-commerce by developing an online discount shopping Website, countdownarcade.com. Healthcare products and services are the cornerstone of the Countdown USA benefit programs. These products and services include mail-order and retail pharmacy, eye care and hearing products, medical supplies and equipment. In addition to its healthcare products and services, Countdown USA offers a range of leisure benefits including a golf discount program, a hotel/motel discount program, theme park/movie theater discount program and a "lowest price" telephone-based home shopping program. These benefit programs are marketed to individuals, corporations and affinity groups throughout the United States. The Company's subsidiary, Porkpine Limited, operates two businesses trading as Logan Leisure and Logan Leisure & Entertainment. Both businesses produce and sell books of vouchers (Voucher Directories) that entitle the holder to discounts and savings on a range of products and services including hotel accommodation, restaurants, golf clubs and general merchandise. Logan Leisure, which operates in Northern Ireland, and Logan Leisure & Entertainment, which operates in the Republic of Ireland, negotiate discounts from a range of suppliers of goods and services who agree to the inclusion of a voucher representing such discount in the Voucher Directory. Voucher Directories are produced annually, and are sold to consumers for approximately $160. E-Commerce and Internet Services Business The Company's e-commerce and Internet services business is comprised of its subsidiary, MonsterBook.com, Inc., and the Countdown
As Of: 10/07 00:00 ET
*Quotes delayed by 20min.
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