| Business Summary | | Omtool,
Ltd.
designs,
develops,
markets
and
supports
open
client/server
software
solutions
that
enable
secure
business-to-business
electronic
document
exchange.
Omtool's
products,
licensed
typically
on
a
combination
server/seat
basis,
provide
users
with
an
extensive,
flexible
feature
set
for
transmitting
and
receiving
electronic
documents
in
multiple
formats.
With
the
introduction
of
Genifax
and
Genidocs,
Omtool's
product
solutions
enable
the
integration
of
business
processes
that
include
the
confirmed
and
secure
exchange
of
electronic
documents,
such
as
legal
contracts,
financial
transactions
and
purchase
order
processing,
in
the
form
of
electronic
faxes
or
confirmed,
secure
and
digitally
signed
e-mail.
The
Company's
software
products
can
be
deployed
on
heterogeneous,
multi-platform
networks
and
can
be
integrated
with
both
desktop
and
enterprise
software
applications
such
as
e-mail
and
groupware
systems. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Omtool
designs,
develops,
markets
and
supports
open
client/server
facsimile
software,
delivering
solutions
which
automate
and
integrate
fax
communications
throughout
the
enterprise.
For
the
six
months
ended
6/30/01,
total
revenues
decreased
10%
to
$7.7
million.
Net
loss
decreased
30%
to
$1.8
million.
Revenues
reflect
the
softness
in
demand
for
enterprise
fax
solutions
and
lower
new
service
cotracts.
Lower
loss
reflects
staff
and
overhead
reductions. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Voelk, 45 Chairman,
Pres and CEO | $284K | Kira Nelson, 32 CFO,
Sec., Treasurer, VP-Fin. | 174K | Mel Passarelli, 44 VP
of Worldwide Sales | -- | Scott Dockendorff, 44 VP
of Marketing | -- | Jeffrey Gretz, 55 VP
of Omtool Legal Systems | 165K | 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
|
|