Cognigen Networks, Inc. - CGNT- Profile

Cognigen Networks, Inc. formerly known as Silverthorne Production Company provides telecommunication products and services to worldwide markets. The company's activities include selling prepaid calling cards, providing call switching services and internet marketing of telecommunications products and services, pagers and computers. The company currently operates in two distinct channels of direct and indirect sales of telecommunications and personal technology services. The company through a network of approximately 65,000 independent representatives sell the products and services to more than 275,000 customers and subscribers worldwide. During fiscal 2000 the company purchased the assets of Inter-American Telecommunications Holding Coporation and Cognigen Switching Technologies, Inc. Marketing commissions accounted for 68% of fiscal 2000 revenues; prepaid cards and pins, 30% and long distance telecommunication revenue, 2%.