| Business Summary | | Versata,
Inc.
helps
companies
achieve
true
business
agility
by
enabling
them
to
create
business
rules
for
their
business
policies
and
processes
that
are
used
to
automate
the
development
of
transaction-intensive,
process-oriented
applications.
The
Versata
suite
of
products
enables
organizations
to
map
their
business
policies
and
processes
in
easy-to-understand
business
rules,
which
are
then
used
to
drive
the
development
of
transaction-rich,
process-oriented
applications.
The
Company's
software
eliminates
the
need
for
traditional
programming
by
enabling
business
users
to
define
their
business
rules
in
precise
English
statements
rather
than
in
a
technical
programming
language. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Versata,
Inc.
provides
a
suite
of
software
and
services
that
enable
customers
to
rapidly
deploy
e-business
software
applications
that
can
be
modified
quickly
to
meet
constantly
changing
business
requirements.
For
the
six
months
ended
6/30/01,
total
revenue
fell
9%
to
$21.9
million.
Net
loss
fell
4%
to
$34.9
million.
Revenues
reflect
decreased
professional
service
and
support
fees.
Lower
loss
reflects
the
effects
of
the
Company's
cost
cutting
initiatives. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Gary Morgenthaler, 51 Chairman | -- | -- | Douglas Roberts, 44 Interim
CEO and Exec. VP, Worldwide Field Operations | -- | -- | James Doehrman, 43 COO,
Chief Financial Officer, Exec. VP | -- | -- | Val Huber, 51 VP-
Devel. and CTO | $254K | $201K | Manish Chandra, 33 VP
of Worldwide Marketing | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|