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Home > Company Index > Computer Software & Services > Information Technology Consulting Services & Maintenance > Socrates Technologies Corporation

Socrates Technologies Corporation
 PROFILE
Socrates Technologies has the most dubious of futures. The company has sold the assets of its software and services subsidiaries, Networkland and Technet Computer Services, in exchange for stock and an IOU from debt-ridden e-business infrastructure company CBQ. The company's Socrates Solutions subsidiary has shut down operations and filed for Chapter 11 bankruptcy protection. Socrates Technologies, formerly MVSI, has declared itself insolvent, is facing a securities fraud lawsuit and other legal problems, and was forced to relocate its offices into CEO Andreas Keller's home rather than face eviction proceedings.

 DEALS
Deal: Socrates Teams With Register.com
Date Announced: 08.10.00
Value of transaction (US $Mil): 0
Description: Small-business application service provider will include domain registrar's services.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 23.20
1-Yr. Sales Growth: (62.6)%
Employees: 72
Revenue per employee: $322,222.22

 KEY PEOPLE
• Andreas A. Keller
    CEO

 CONTACT INFO
14416 Fowlers Mill Dr.
Gainesville, VA 20155
US
Phone: 703-753-7114
Fax: -

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