| Business Summary | | Augment
Systems,
Inc.
was
a
developer
of
Fibre
Channel
technology
for
the
fast
growing
data
storage/fiber
channel
market
and
has
had
no
operations
for
the
past
two
years.
However,
the
Company
intends
to
update
the
proprietary
fiber
channel
technology
originally
developed
by
Augment's
previous
research
and
development
team
and
to
build
an
integration
and
professional
services
firm
and
sales
channel
via
development
and
acquisitions
of
strategic
businesses.
Augment
suspended
operation
in
January
1999.
The
Company
will
seek
to
revitalize
and
update
the
previous
Augment
fiber
channel
technology. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Augment
Systems,
Inc.
suspended
ongoing
operations
in
1/1999
and
is
currently
seeking
buyers
or
strategic
partners
for
further
development
of
its
existing
technology,
as
well
as
merger
opportunities.
For
the
three
months
ended
3/31/01,
the
Company
reports
no
revenue.
Net
loss
before
extraordinary
item
fell
84%
to
$11
thousand.
Results
reflect
the
absence
of
revenues
from
the
sale
of
company's
licensing
rights.
Net
loss
reflects
decreased
S/G/A
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Duane Mayo, 46 CEO,
VP of Fin. & Admin., Chief Financial Officer, Sec., Treasu | $8.3K | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|