| Business Summary | | First
Virtual
Communications
Inc.
conducts
business
in
rich
media
communications
solutions,
providing
systems
and
services
that
enable
system
integrators
and
service
providers
to
deliver
an
integrated
suite
of
collaboration
applications
to
their
enterprise
customers.
First
Virtual
Communications
also
delivers
solutions
directly
to
corporate
and
public
sector
enterprises.
The
Company's
flagship
product,
Click
to
Meet,
is
a
face-to-face
communications
platform
for
e-collaboration
designed
to
seamlessly
integrate
video
and
audio
telephony,
data
collaboration,
and
streaming
across
IP,
ISDN,
DSL,
and
ATM
networks.
Click
to
Meet
provides
an
optimal
platform
for
delivering
a
new
generation
of
video
enabled
B2B
(business-to-business)
Web
applications,
for
commerce,
distance
learning,
telemedicine,
federal
and
state
governments,
and
the
judiciary. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | First
Virtual
Communications,
Inc.
develops,
manufactures
and
markets
video
networking
systems
for
use
in
business,
government,
and
educational
environments.
For
the
six
months
ended
6/30/01,
revenues
fell
40%
to
$12.5
million.
Net
loss
rose
98%
to
$14.5
million.
Revenues
reflect
lower
product
shipments
to
enterprise
customers
and
service
providers.
Higher
loss
reflects
lower
gross
margins,
higher
R&D
expenditures,
and
$1.8
million
in
one-time
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ralph Ungermann, 59 Chairman,
Pres, CEO | $73K | Randy Acres, 36 CFO,
VP-Fin. | 119K | James Griffin, 48 Exec.
VP of Product Operations | -- | Ruth Cox, 48 CMO | 195K | Dollar
amounts are as of 31-Dec-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
|
|