| Business Summary | | SSP
Solutions,
Inc.,
formerly
known
as
Litronic
Inc.,
provides
professional
Internet
data
security
services,
develops
and
markets
software
and
microprocessor-based
products,
which
serve
to
secure
electronic
commerce
and
communications
over
the
Internet
and
other
communications
networks
based
on
Internet
protocols.
Its
primary
technology
offerings
utilize
a
computer
security
technology,
known
as
public
key
infrastructure
(PKI),
which
is
the
standard
technology
for
securing
Internet-based
commerce
and
communications.
PKI
helps
ensure
the
integrity
and
privacy
of
information
being
transmitted
and
verifies
the
identity,
authenticity
and
authority
of
the
sender
and
the
recipient
of
that
information.
The
Company's
wholly
owned
subsidiary,
Pulsar
Data
Systems,
Inc.,
operates
independently
as
a
network
solutions
company,
specializing
in
deploying
large-scale
network
solutions
to
organizations
primarily
in
the
government
sector. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SSPX
provides
Internet
data-security
services,
and
develops
and
markets
software
and
microprocessor-based
products
that
secure
e-commerce
business
transactions
and
communications.
For
the
six
months
ended
6/30/01,
revenues
fell
21%
to
$10.8
million.
Net
loss
fell
29%
to
$4.2
million.
Results
reflect
decreased
product
revenue
related
to
network
deployment
products.
Lower
losses
reflect
an
improved
gross
product
margin
and
reduced
payroll
expenses
at
Pulsar. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Kris Shah, 61 Chairman,
Pres, CEO | $184K | Roy Luna, 50 CFO | 124K | James Prohaska, 52 VP
of Sales | 151K | William Holmes, 55 VP
of Marketing | 111K | Robert Gray, 64 VP,
Product Devel. | 120K | Dollar amounts are as of 31-Dec-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
|
|