| Business Summary | | Crystal
Systems
Solutions
Ltd.
develops
and
markets
software
tools
and
methodologies
and
provides
consulting
services
for
e-business
enabling
of
legacy
systems,
cross-platform
migration
and
consolidation
of
information
systems.
Crystal
has
developed
a
universal
conversion
engine
consisting
of
a
programming
language
and
corresponding
interpreting
program
that
facilitates
the
development
of
conversion
and
migration
tools
(collectively,
C-SCAN).
Based
on
C-SCAN
and
other
proprietary
technologies,
Crystal
has
developed
and
is
marketing
software
tools
and
related
methodologies
that
are
delivered
together
with
consulting
services,
training
and
support
as
part
of
conversion
projects
that
are
used
to
assist
organizations
to
enhance
their
business
systems'
efficiency
and
adapt
to
changing
circumstances
through
the
conversion,
modernization
and
testing
of
their
information
technology
infrastructure. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Crystal
Systems
Solutions
develops
and
markets
software
tools
and
provides
consulting
services
for
the
implementation
of
complex
conversion
projects
primarily
for
mainframe
computer
systems.
For
the
three
months
ended
3/31/01,
revenues
fell
8%
to
$11
million.
Net
loss
totalled
$3.4
million,
vs.
an
income
of
$1.2
million.
Results
reflect
decreased
North
American
orders,
offset
by
an
$870
thousand
restructuring
charge,
increased
financial
expenses
and
lower
other
income. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
10,151;
after
tax
earnings
were
-2,850. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Gad Goldstein, 41 | Chairman,
Acting CEO | Aaron Crystal, 56 | Vice
Chairman, Pres | Iris Yahal, 39 | CFO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|