| Business Summary | | Extreme
Networks,
Inc.
is
a
leading
provider
of
broadband
networking
solutions
for
the
Internet
economy,
focusing
on
high-performance
multilayer
capabilities
that
scale
to
meet
the
demands
of
networks
based
on
Ethernet
and
IP
technologies.
The
markets
for
these
solutions
include:
metropolitan
area
networks
(ISP
peering
groups,
Internet
exchange
providers
and
cyber
building
network
providers);
service
providers
(ISPs,
co-location
and
hosting
firms
and
application
service
providers);
web
content
providers;
e-commerce
businesses;
and
large
enterprises.
The
Company's
family
of
BlackDiamond,
Summit,
and
Alpine
and
switching
solutions
are
built
on
a
combination
of
ExtremeWare
management
software
and
an
ASIC-based
common
architecture
that
enable
service
providers,
e-businesses
and
enterprises
to
expand
their
businesses
and
be
more
competitive
by
speeding
traffic
through
a
simplified,
super
scalable
network
infrastructure. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | EXTR
provides
switching
solutions
that
meet
the
needs
of
enterprise
local
area
networks,
via
utilization
of
ASIC
semiconductors
throughout
the
product
line.
For
the
fiscal
year
ended
6/01,
net
revenues
rose
88%
to
$491.2
million.
Net
loss
totalled
$68.9
million
vs.
an
income
of
$20
million.
Revenues
reflect
increased
sales
of
Summit
stackable
and
BlackDiamond
products.
Net
loss
reflects
the
inclusion
of
$37.5
million
in
goodwill
charges
and
$30.1
million
in
technology
write-off
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Gordon Stitt, 44 Chairman,
Pres, CEO | $406K | $552K | Harold Covert, 54 CFO,
VP | -- | -- | Stephen Haddock, 42 VP
and CTO | 300K | 591K | Harry Silverglide, 54 VP
of Sales | 351K | -- | Paul De Zan VP
of Corp. Marketing | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|