| Business Summary | | Virage,
Inc.
is
a
provider
of
software
products
and
services
that
enable
media
and
entertainment
companies,
corporate
enterprises,
educational
institutions
and
government
agencies
to
publish,
manage
and
distribute
their
video
content
over
the
Internet
and
intranets.
The
Company's
Video
Application
Platform
provides
the
necessary
infrastructure
for
seamlessly
integrating
Internet-ready
video
into
an
internal
or
external
Website,
transforming
video
into
an
effective
online
medium.
The
Company's
platform
includes
its
SmartEncode
products,
which
encode
and
index
video
within
a
single
automated
process,
and
its
server
products,
which
enable
the
publishing
and
distribution
of
streaming
video.
Owners
of
video
content
can
leverage
the
Company's
technology
either
by
licensing
its
products,
or
by
employing
the
Company's
application
services
to
outsource
their
needs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Virage,
Inc.
is
a
provider
of
software
products
and
application
services
that
enable
media
and
entertainment
companies,
enterprises
and
consumers
to
catalog,
manage
and
distribute
their
video
content
over
the
Internet
and
intranets.
For
the
three
months
ended
6/30/01,
revenues
totaled
$4
million,
up
from
$1.9
million.
Net
loss
fell
7%
to
$7.2
million.
Results
reflect
increased
revenues
from
customers
purchasing
maintenance
contracts,
partially
offset
by
higher
R&D
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Paul Lego, 41 Chairman,
Pres, CEO | $210K | $309K | Alfred Castino, 47 CFO | -- | -- | Michael Lock Sr. VP of Worldwide Sales | -- | -- | Frank Pao, 31 VP,
Bus. Affairs and Gen. Counsel | -- | -- | Weldon Bloom, 51 VP
of Sales | 175K | 1.5M | Dollar amounts are as of 31-Mar-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
|
|