| Business Summary | | Artificial
Life,
Inc.
develops,
markets
and
supports
"intelligent"
software
robots
(bots).
The
Company's
bots,
known
as
"SmartBots,"
are
software
programs
that
it
is
developing
to
automate
and
simplify
business-related
Internet
functions
such
as
Web
navigation,
direct
sales
and
marketing,
e-mail
automation,
user
profiling,
knowledge
management,
sales
response
and
call
center
automation,
electronic
customer
relationship
management
and
wealth
planning
and
portfolio
management.
The
Company
is
also
developing
products
for
applications
in
data
mining,
statistical
analysis
and
customer
service
to
support
the
functionality
of
the
SmartBot
products.
The
Company
announced
that
it
has
shut
down
its
operations
in
Russia
and
that
its
German
and
Swiss
subsidiaries
will
file
for
bankruptcy
protection.
The
Company
has
also
laid
off
almost
all
of
its
global
and
United
States
staff.
Global
expenses
have
been
cut
back
over
80%.
The
Company
has
also
entered
into
merger
talks
with
certain
companies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ALIF
develops,
markets,
and
supports
intelligent
software
robots
(bots)
that
are
used
to
automate
and
simplify
time-consuming
and
complex
business-related
Internet
functions.
For
the
six
months
ended
6/30/01,
revenues
decreased
61%
to
$1.7
million.
Net
loss
increased
25%
to
$7.4
million.
Revenues
suffered
from
the
downturn
in
the
global
Internet
markets
and
the
negative
business
climate.
Net
loss
reflects
the
Company's
global
cost
cutting
program
and
downsizing. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Eberhard Schoneburg, 43 Chairman,
Pres, CEO | $264K | Robert Pantano, 39 CFO | 122K | Frank Namyslik COO,
Director | -- | Marcus Hilka VP-R&D | -- | Richard Bonn CIO | -- | 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
|
|