| Business Summary | | TransNet
Corporation
is
a
single-source
provider
of
information
technology
products
and
technology
management
services
designed
to
enhance
the
productivity
of
the
information
systems
of
its
customers.
Through
its
own
sales
and
service
departments,
TransNet
provides
information
technology
and
network
solutions
for
its
customers
by
combining
value-added
professional
technical
services
with
the
sale
of
PC
hardware,
network
products,
computer
peripherals
and
software.
The
equipment
sold
by
the
Company
includes
microcomputers,
workstations,
servers,
monitors,
printers
and
operating
systems
software.
The
principal
markets
for
its
products
are
commercial,
governmental
and
educational
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TransNet
Corporation
sells,
supports
and
services
local
area
networks,
personal
computer
systems
and
peripheral
equipment,
software,
and
supplies.
For
the
nine
months
ended
3/31/01,
revenues
rose
25%
to
$42.1
million.
Net
income
totalled
$344
thousand
vs.
a
loss
of
$30
thousand.
Revenues
reflect
the
success
of
the
Company's
efforts
to
increase
sales
of
IT
hardware
and
follow-on
service.
Earnings
also
benefitted
from
an
increase
in
operating
income
as
a
percentage
of
sales. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
14,291;
after
tax
earnings
were
219. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Wilk, 72 Chairman
and Treasurer | -- | Steven Wilk, 43 Pres,
CEO | $250K | Jay Smolyn, 44 VP
- Operations | 149K | Vincent Cusumano, 65 Sec. | -- | Dollar
amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|