| Business Summary | | I.I.S.
Intelligent
Information
Systems
Limited
(IIS)
was,
until
1999,
engaged
in
the
development,
manufacture,
marketing
and
service
of
data
communication
and
intelligent
peripheral
products
targeted
at
the
International
Business
Machines
(IBM)
midrange,
IBM
mainframe
and
open
systems
computing
environments.
In
late
1998,
the
Company
implemented
a
restructuring
plan
that
resulted
in
the
disposition
of
most
of
its
assets,
substantial
changes
in
the
Company's
structure
and
a
focus
exclusively
on
Fiber
Channel
technology.
In
January
1999,
StoreAge
Network
Technologies
Ltd.
was
organized
as
a
wholly
owned
subsidiary
of
IIS,
and
commenced
development
and
marketing
of
products
based
on
Fiber
Channel
Virtual
Volume
SAN
Controller
technology. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | IISL
is
an
Israeli
industrial
holding
company
focusing
on
Storage
Area
Networks
(SAN)
and
Fiber
Channel
technologies.
The
Company's
subsidiary,
StorAge
Network
Technologies,
develops
and
provides
storage
networking
solutions
to
the
enterprise
market.
For
the
three
months
ended
3/31/01,
sales
totaled
$75
thousand,
up
from
$0.
Net
loss
rose
86%
to
$513
thousand.
Results
reflect
the
inclusion
of
sales,
offset
by
a
$244
thousand
equity
losses
in
subsidiary
charge. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Robi Hartman, 39 | Chairman,
CEO | Jacob Shemesh, 51 | Exec.
VP, Chief Sales Exec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|