| Business Summary | | FASTNET
Corp.
provides
Internet
access
services
to
its
customers.
FASTNET
initially
attracted
many
of
its
customers
by
providing
them
Internet
access.
The
Company
differentiates
itself
from
its
competition
by
providing
prospective
customers
with
a
consultative
problem
solving
approach
to
harnessing
the
power
of
the
Internet
for
their
specific
needs.
The
Company
further
differentiates
itself
by
combining
world-class
customer
support
with
technical
expertise.
FASTNET
is
a
full
service
provider
supplementing
its
dedicated
Internet
access
services
by
offering
enhanced
products
and
services
that
are
designed
to
meet
the
expanding
needs
of
customers
and
increase
the
Company's
revenue
per
customer.
The
services
the
Company
provides
include:
Internet
access
services;
total
managed
security;
colocation;
Web
hosting
services;
Web
design
and
development;
professional
network
and
software
design
services;
and
virtual
private
networks. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FASTNET
Corporation
is
an
Internet
service
provider
offering
Internet
access
and
enhanced
services,
such
as
Web
hosting,
managed
security
solutions
and
other
value
added
products,
to
small
and
medium
sized
enterprises
in
the
mid-Atlantic
region.
For
the
six
months
ended
6/30/01,
revenues
rose
24%
to
$7.7
million.
Net
loss
fell
20%
to
$7.9
million.
Results
reflect
higher
average
revenue
per
direct
customer,
partially
offset
by
increased
depreciation. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David Van Allen, 42 Chairman | $272.1K | Stephen Hurly, 33 Pres,
CEO | 5.8K | Stanley Bielicki, 55 CFO | 267.2K | Rafe Scheinblum, 48 Exec.
VP- Operations | 220.2K | Phillip Weller, 40 CTO | 225.0K | 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
|
|