| Business Summary | | TriTeal
Corporation
develops,
markets,
and
supports
open
systems-based,
mission-critical
desktop
system
software
and
integrated
applications
that
enable
multi-platform
deployment
of
client/server
applications
throughout
an
enterprise.
The
Company's
flagship
product,
the
TriTeal
Enterprise
Desktop
(TED),
allows
individual
users,
system
administrators
and
developers
to
easily
access
applications,
data
and
network
resources
from
a
common,
intuitive
operating
environment
across
most
platforms
used
in
the
enterprise
client/server
market.
On
December
7,
1999,
an
order
confirming
a
Plan
of
Liquidation
for
TriTeal
was
entered
by
the
United
States
Bankruptcy
Court
for
the
Southern
District
of
California.
That
Plan
provides
for
a
liquidation
of
TriTeal's
assets
and
the
distribution
of
those
assets,
first
to
creditors,
and
then
to
stockholders. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TriTeal
Corp.
develops,
markets
and
supports
open
systems-based,
mission-critical
desktop
system
software
and
integrated
applications
that
enable
multi-platform
deployment
of
client/server
applications.
For
the
six
months
ended
9/97,
revenues
fell
3%
to
$6.2
million.
Net
loss
totalled
$8
million,
up
from
$1.2
million.
Revenues
reflect
the
failure
to
close
any
large
license
contracts.
Higher
loss
reflects
a
$3.9
million
charge
related
to
uncollectible
receivables. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1997
Compensation | | Pay | Exer | |
| Jeffrey Witous, 36 Chairman,
Pres and CEO | $246K | -- | Arthur Budman, 35 CFO | 172K | $20K | Gregory White, 39 COO
and Sec. | -- | -- | Robert Ruhe, 39 Exec.
VP, Worldwide Field Operations | 201K | -- | Rand Schulman, 44 Exec.
VP | 170K | -- | Dollar amounts are as of 31-Mar-1997 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
|
|