| Business Summary | | World
Internetworks,
Inc.'s
core
business
goal
is
to
become
a
high-end
data
storage
solutions
company
that
develops,
manufactures
and
sells
advanced
tape
drives.
In
addition,
the
Company
will
continue
to
operate
its
current
complimentary
business
that
offers
repair,
remarketing
and
logistics
solutions
to
the
data
storage
market,
including
mass
storage
for
original
equipment
manufacturers
and
integrators.
During
2000,
the
Company
was
a
full-service
Internet
services
provider.
Its
principal
business
was
to
provide
Website
design,
hosting
and
access
to
its
"Main
Street
Plaza"
shopping
mall
for
small
and
home-based
businesses
that
wanted
to
take
advantage
of
the
trend
toward
e-commerce. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | World
Internetworks,
Inc.
provides
repair,
remarketing
and
logistics
solutions
to
the
data
storage
market,
including
mass
storage
for
original
equipment
manufacturers
and
integrators.
For
the
five
months
ended
5/31/01,
net
sales
totaled
$3.7
million,
up
from
$1.6
million.
Net
loss
rose
55%
to
$343
thousand.
Results
reflect
higher
volume
at
Technical
Services
and
Logistics,
Inc.,
offset
by
addition
of
sales
staff,
and
costs
related
to
the
GT
Data
merger. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Robert Genesi | Chairman,
Pres, CEO, Sec. | Robert Mullaney | Exec.
VP of Sales and Pres - TSLi |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|