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Home > Company Index > Materials & Construction > Specialty Contracting & Industrial Maintenance > Marnetics Broadband Technologies Ltd.

Marnetics Broadband Technologies Ltd.
AMEX: MXB
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 PROFILE
Marnetics Broadband Technologies (formerly Stav Electrical Systems (1994) Ltd.) runs wires around Israel. The company provides street lighting, high-tech wiring for "smart buildings," telephone and computer networks, and fire detection systems for municipal governments, industry, and commercial enterprises. It operates as a subcontractor on projects ranging from airports to parks and gardens, from office buildings to athletic stadiums. Marnetics Broadband is focusing on electrical installation and long-term maintenance contracts for local governments. The company changed its name in 2000 after it bought software company Marnetics, which makes products designed to improve Web site performance.

 COMPETITION
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1997 Sales (mil.): 4.40
1-Yr. Sales Growth: 15.8%
Employees: 53
Revenue per employee: $83,018.87

 KEY PEOPLE
• David Sheetrit
    CEO
• Sima Navon
    CFO

 CONTACT INFO
Industrial Area, 4 Hamasger St.
Ra'anana 43653, Israel
Phone: 972-9-741-7788
Fax: 972-9-741-0917

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