PROFILE |
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Tomax tries to take the ailing out of retailing. The company, formerly Tomax technologies, offers software that helps retailers simplify business processes, manage marketing channels, and reduce information technology infrastructure costs. With Tomax's RETAIL.net suite, clients like Gateway (15% of sales), Gerald Stevens (14%), and Safeway can manage customer transactions, streamline workflow processes, and forecast staffing needs. The company also provides support and training services. Although it plans to expand internationally, Tomax does business primarily with retailers in the US, both directly and through third parties, such as Oracle. CEO Eric Olafson owns 33% of Tomax; Oracle owns 9%.
COMPETITION |
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BroadVision, Inc. (BVSN)
Oracle Corporation (ORCL)
Retek Inc. (RETK)
DEALS |
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Deal: Oracle Makes Minority Investment in Tomax
Date Announced: 04.17.00
Value of transaction (US $Mil): 0
Description: Software provider makes minority investment into client solutions for retail customers.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: June
2000 Sales (mil.): 14.10
1-Yr. Sales Growth: 36.3%
Employees: 176
Revenue per employee: $80,113.64
KEY PEOPLE |
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Eric Olafson
CEO
Brad Stewart
CFO
CONTACT INFO |
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205 N. 400 W.
Salt Lake City, UT 84103
US
Phone: 801-990-0909
Fax: 801-924-3400
Online: Web Site
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