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Home > Company Index > Computer Hardware > Networking & Communication Devices > Performance Technologies, Incorporated

Performance Technologies, Incorporated
Nasdaq: PTIX
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 NEWS FROM THE WIRES
Performance Tech net, revenues up in 2nd quarter
Jul 25 2001 02:29 PM PDT

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 PROFILE
Performance Technologies contributes to communication convergence. The company makes network access products including adapters, servers, and related software, and signaling gateways that integrate traditional telephone and Internet Protocol (IP) data networks. Its embedded IP Ethernet switches are designed for carrier-grade telecommunication providers. Performance Technologies' products have been used in applications ranging from collecting weather satellite images to retrieving data from NASA's deep space network. The company sells directly and through distributors, OEMs, and systems integrators. Customers include Compaq (12% of sales), Lucent Technologies, Nortel, and Sun Microsystems.

 COMPETITION
NMS Communications Corporation (NMSS)
RadiSys Corporation (RSYS)
Tekelec (TKLC)

 DEALS
Deal: Performance to Buy MicroLegend
Date Announced: 12.13.99
Value of transaction (US $Mil): 43.6
Description: Networking company acquires telecommunications network technology firm for $43.6 million in stock.

 STOCK ANALYSIS
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FURTHER ANALYSIS
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• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 39.00
1-Yr. Sales Growth: (12.4)%
Employees: 225
Revenue per employee: $173,333.33

 KEY PEOPLE
• Donald L. Turrell
    CEO
• Dorrance W. Lamb
    CFO

 CONTACT INFO
315 Science Pkwy.
Rochester, NY 14620
US
Phone: 716-256-0200
Fax: 716-256-0791
Online: Web Site

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