| Business Summary | | Veramark
Technologies,
Inc.
produces
a
broad
range
of
telecommunications
management
systems
for
users
of
private
branch
exchange
(PBX)-based
voice
networks,
Internet
protocol
(IP)-based
voice
networks
and
data
networks.
These
products
are
used
to
track,
report
and
manage
telephone
usage,
equipment
location
and
maintenance
activity,
and
telecom
fraud.
Veramark's
products
consist
primarily
of
software
running
under
Microsoft
Windows
95,
Windows
98,
Windows
2000
and
Windows
NT
Systems.
Target
end
user
customers
range
from
small
businesses
with
25
employees
to
large
organizations
in
industry,
government
and
healthcare.
Veramark's
large
system
products
incorporate
database
management
software
from
Oracle,
Informix
or
Microsoft. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Veramark
Technologies
produces
telecommunications
management
systems
and
telephone
company
billing
systems.
For
the
three
months
ended
3/31/01,
sales
decreased
32%
to
$3.3
million.
Net
loss
decreased
87%
to
$382
thousand.
Revenues
reflect
lower
sales
of
the
Company's
core
telemanagement
products.
Net
loss
also
reflects
the
absence
of
a
$599
thousand
merger
expense
and
the
inclusion
of
a
$316
thousand
gain
on
the
sale
of
Verabill. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
after
tax
earnings
were
-492. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David Mazzella, Jr., 60 Pres,
CEO and Chairman | $320K | Douglas Smith, 57 VP-
Operations | 132K | Robert Boxer, 47 VP,
Sec., Gen. Counsel | 172K | Paul Babarik, 59 VP
- Telemanagement Sales | 150K | James Karr, 57 VP-
Sales, Billing and Customer Care | -- | 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
|
|