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  September 5, 2001
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Home > Company Index > Telecommunications > Communication Processing Equipment > Norstan, Inc.

Norstan, Inc.
Nasdaq: NRRD
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 PROFILE
Norstan's products and services are more than just a lot of talk. The reseller of telecom systems (about three-fourths of sales) is transitioning its business to consulting and systems integration services. They include e-commerce development, telecom equipment design and implementation, network management and integration, and customized financing. 3M, Harley-Davidson, Kellogg, and IBM count themselves among Norstan's clientele; strategic partners include Cisco, Microsoft, and Siemens. In 2000 the company announced a restructuring effort to split its operations into three units: converged communications, consulting, and resale services.

 COMPETITION
Computer Sciences Corporation (CSC)
International Business Machines Corporation (IBM)
Nortel Networks Corporation (NT)

 DEALS
Deal: Norstan, SpeechWorks Partner
Date Announced: 10.21.99
Value of transaction (US $Mil): 0
Description: Networking company partners with provider of conversational speech-recognition technology to market and sell software to customers worldwide.

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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: April
2001 Sales (mil.): 297.70
1-Yr. Sales Growth: (28.9)%
Employees: 2,077
Revenue per employee: $143,331.73

 KEY PEOPLE
• James C. Granger
    CEO
• Scott Christian
    CFO

 CONTACT INFO
5101 Shady Oak Rd.
Minnetonka, MN 55343
US
Phone: 952-352-4000
Fax: 952-352-3853
Online: Web Site

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