| Business Summary | | Orckit
Communications
Ltd.
is
engaged
in
the
design,
development,
manufacture
and
marketing
of
high-speed
data
access
systems,
utilizing
DSL
technology
that
allows
high-speed
digital
transmission
of
data,
voice
and
video
over
twisted
copper
wireline.
The
Company
targets
the
co-location
market,
where
equipment
is
deployed
in
the
central
offices
of
the
incumbent
local
telephone
companies,
and
the
multi-tenant
market,
where
a
service
provider
partners
with
owners
of
multi-tenant
buildings,
such
as
dormitory
and
offices
buildings,
and
deploys
its
equipment
within
these
buildings.
Its
FastInternet
products
operate
on
a
point-to-multipoint
basis,
concentrating
the
traffic
of
multiple
users
onto
a
single
high-speed
interface
to
the
network
infrastructure
owned
by
the
local
telephone
company.
Its
CopperTrunk
products
operate
on
a
point-to-point
basis,
with
each
telephone
company
customer's
modem
having
a
dedicated
connection
to
the
network
infrastructure
owned
by
the
local
telephone
company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Orckit
is
engaged
in
the
design,
development,
manufacture
and
marketing
of
high-speed
data
access
systems
utilizing
DSL
technology,
which
allows
high-speed
digital
transmission
of
data,
voice,
and
video
over
twisted
copper
wireline.
For
the
six
months
ended
6/30/01,
revenues
rose
50%
to
$74.3
million.
Net
loss
decreased
58%
to
$17.8
million.
Revenues
reflect
higher
demand
for
DSLAM
products.
Lower
loss
also
reflects
a
$17.6
million
gain
on
the
extinguishment
of
notes. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Eric Paneth, 51 | Chairman,
CEO | Izhak Tamir, 48 | Pres,
Director | Aviv Boim, 34 | CFO | Ehud Rokach, 37 | COO,
VP | Dan Arazi | Exec.
VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|