| Business Summary | | SoftNet
Systems,
Inc.
is
engaged
in
the
business
of
providing
broadband
Internet
services.
The
Company
operates
satellite-based
Internet
services
and
very
small
aperture
terminal
(VSAT)
equipment
sales
through
its
wholly
owned
subsidiary,
Intelligent
Communications,
Inc.
(Intellicom).
Intellicom
offers
two-way
satellite
connectivity
solutions
to
North
American
and
Latin
American
markets
through
its
branded
services
called
SkyPOP
and
K.I.D.S.
SkyPOP
is
targeted
at
the
worldwide
ISP
market,
while
the
K.I.D.S.
service
is
designed
exclusively
for
the
education
community.
These
services
provide
customers
with
'one-hop'
connectivity
to
the
United
States
Internet
backbone
structure
via
two
different
satellite
systems,
SatMex-5
and
GE-3.
The
Intellicom
connectivity
niche
includes
VSAT
side
services,
including
primary
domain
name
services
and
extensive
caching,
as
well
as
standard
Internet
application
services
including
Web
and
e-mail
servers
and
user
firewall. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SOFN
engages
in
providing
broadband
Internet
services.
SOFN
oeprates
satellite-based
Internet
services
and
very
small
aperture
terminal
(VSAT)
equipment
sales
through
Intelligent
Communications,
its
wholly
owned
subsidiary.
For
the
nine
months
ended
6/30/01,
sales
fell
52%
to
$3.2
million.
Net
loss
from
continuing
operations
before
extraordinary
item
totaled
$49.4
million,
up
from
$23.5
million.
Results
reflect
the
absence
of
VSAT
sales
to
Tricom
and
increased
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ronald Simon, 62 Acting
Chairman, CEO, Chief Financial Officer | -- | Jonathan Marx, 49 Pres
of ISP Channel | $289K | Carol Sorrick, 44 Pres
of Intelligent Communications | 216K | Steven Harris, 46 Sr.
VP, Gen. Counsel, Sec. | 281K | Dollar amounts are as of 30-Sep-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
|
|