| Business Summary | | Network
Engines,
Inc.
develops,
markets
and
provides
integrated
and
powerful
server
appliances
that
enable
organizations
to
provide
information
and
applications
over
the
Internet.
Server
appliances
are
a
new
category
of
computer
network
infrastructure
devices
that
deliver
specific
functionality
through
a
combination
of
pre-packaged
hardware
and
software.
Unlike
general-purpose
servers,
Network
Engines'
server
appliances
are
high-powered,
compact
products
that
use
either
Windows
or
Linux
operating
systems
and
support
a
range
of
applications
and
are
available
with
varying
amounts
of
computing
power.
The
Company's
server
appliances
are
scalable,
which
means
that
they
server
appliances
can
be
used
as
stand
alone
devices
or
can
be
easily
and
quickly
connected
in
groups,
or
clusters,
of
up
to
256
units
to
meet
different
management
and
performance
requirements. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Network
Engines,
Inc.
develops,
markets
and
provides
integrated
and
powerful
server
appliances
that
enable
organizations
to
provide
information
and
applications
over
the
Internet.
For
the
nine
months
ended
6/30/01,
net
revenues
fell
53%
to
$11.8
million.
Net
loss
applicable
to
Common
totaled
$58.3
million,
up
from
$17.4
million.
Results
reflect
a
reduction
in
information
technology
spending
by
the
Company's
customer
base,
a
$20.8
million
inventory
charge
and
higher
personnel
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Lawrence Genovesi, 42 Chairman,
CTO | $857K | -- | John Curtis, 58 Pres,
CEO, Director | -- | -- | Rene Thibault, 49 VP
of Sales | 323K | $1.0M | William Elliott, 56 VP
of Marketing | 144K | 537K | Janice Gordon VP
of HR | -- | -- | Dollar
amounts are as of 30-Sep-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
|
|