| Business Summary | | Onvia.com,
Inc.
is
an
exchange
that
helps
businesses
secure
additional
revenue
by
buying
and
selling
products
and
services
to
other
businesses
and
government
entities.
Onvia
is
valued
by
buyers
and
sellers
as
a
matchmaker,
helping
almost
one
million
businesses
find
what
they
need
through
an
online
exchange.
The
Company's
comprehensive
solution
is
designed
to
help
businesses
achieve
incremental
revenue
growth
through
new
business
opportunities
and
utilization
of
available,
Internet-based
tools
and
resources.
Through
Onvia's
Website,
businesses
sell
services
and
products
to
other
businesses
and
federal,
state
and
local
government
agencies.
Onvia's
exchange
platform,
which
allows
customers
to
submit
requests
for
quotes
to
a
network
of
service
suppliers,
had
over
52,000
service
suppliers,
as
of
December
31,
2000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Onvia.com
is
a
business-to-business
emarketplace
for
small
business
buyers
and
sellers,
providing
a
single
source
destination
where
small
businesses
can
buy
and
sell
services,
exchange
information
and
access
productivity
tools.
For
the
six
months
ended
6/30/01,
revenues
fell
72%
to
$14
million.
Net
loss
applicable
to
Common
fell
3%
to
$58.5
million.
Results
reflect
the
outsourcing
of
the
products
business,
offset
by
lower
sales
and
marketing
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Michael Pickett, 52 Chairman,
Pres, CEO | -- | -- | Mike Jacobsen Acting
CFO, VP-Fin. | -- | -- | Clark Westmoreland VP-Operations | -- | -- | Arthur Paul, 30 VP
and CTO | -- | -- | Douglas Kellam, 41 VP
of Marketing | $111K | $4.0M | Dollar
amounts are as of 31-Dec-1999 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
|
|