| Business Summary | | OneWorld
Systems,
Inc.,
founded
in
1989
and
incorporated
in
Delaware
as
Global
Village
Communication,
Inc.,
developed
and
manufactured
products
that
enhanced
and
simplified
wide-area
data
communications
for
the
small
and
medium
sized
office
market.
The
Company's
OneWorld
OfficePort
family
of
network
communication
appliances
were
designed
to
be
versatile,
easy-to-use,
cost-effective
and
expandable
solutions
that
combine
Internet
access
and
routing,
remote
access,
modem
pooling
and
fax
capabilities.
On
December
21,
1999
the
Company
announced
its
intent
to
sell
substantially
all
of
its
non-cash
assets
to
Tut
Systems,
Inc.
and
ceased
ongoing
operations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | OneWorld
Systems
develops
and
manufactures
products
that
enhance
and
simplify
wide
area
data
communications
for
the
small
and
medium
size
office
market.
For
the
nine
months
ended
12/31/99,
revenues
decreased
97%
to
$394
thousand.
Net
loss
from
continuing
operations
totalled
$8.2
million,
up
from
$2.6
million.
Revenues
suffered
from
the
absence
of
the
Company's
modem
operations.
Loss
reflects
lower
margins
and
higher
personnel
and
development
costs
as
a
percentage
of
sales. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Leonard Lehmann, 44 | Chairman | Neil Selvin, 45 | Pres,
CEO | Charles Oppenheimer, 39 | COO | Marc Linden, 38 | Sr.
VP and CFO | Paul Butters | VP
of Sales |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|