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  September 5, 2001
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Home > Company Index > Computer Software & Services > Computer Products Distribution & Support > AlphaNet Solutions, Inc.

AlphaNet Solutions, Inc.
Nasdaq: ALPH
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 PROFILE
AlphaNet Solutions is casting its line for more information technology services. The company provides networking services (51% of sales) and equipment to corporations primarily in the Middle Atlantic States. Besides designing, installing, operating and maintaining corporate networks, AlphaNet also develops custom software and provides Internet consulting. The company resells networking equipment and computers from Cisco, Compaq, IBM, and others through alliances with distributors Ingram Micro, Pinacor, and Tech Data. Customers include Summit Bancorp (17% of sales), Goldman Sachs (13%), Nabisco, and Matsushita. Founder, chairman, and CEO Stan Gang owns 30% of AlphaNet.

 COMPETITION
Computer Sciences Corporation (CSC)
Electronic Data Systems Corporation (EDS)
International Business Machines Corporation (IBM)

 DEALS
Deal: AlphaNet Invests in Nex-I.com
Date Announced: 12.21.99
Value of transaction (US $Mil): 1.8
Description: IT services firm to take 30 percent stake in network services company for $1.8 million.

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 90.30
1-Yr. Sales Growth: (33.9)%
Employees: 475
Revenue per employee: $190,105.26

 KEY PEOPLE
• Stan Gang
    CEO
• William S. Medve
    CFO

 CONTACT INFO
7 Ridgedale Ave.
Cedar Knolls, NJ 07927
US
Phone: 973-267-0088
Fax: 973-267-8675
Online: Web Site

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