| Business Summary | | Tricord
Systems,
Inc.
designs,
develops
and
markets
server
appliances
for
content-hungry
applications.
The
core
of
the
Company's
new
technology
consists
of
its
patented
Illumina
software,
which
aggregates
multiple
appliances
into
a
cluster
that
is
managed
as
a
single
resource.
Tricord's
initial
server
appliance
utilizing
Illumina
is
Lunar
Flare
NAS.
Lunar
Flare
NAS
is
a
scalable
general
file-serving
storage
device
for
Windows
users.
Enabled
by
Illumina
software,
users
can
grow
their
storage
by
adding
individual
Lunar
Flare
NAS
appliances
to
create
and
grow
a
cluster
that
is
managed
as
a
single
resource.
The
Company's
solution
is
designed
to
provide
administrators
with
the
ability
to
add
storage
with
no
downtime,
no
user
interruption
and
minimal
incremental
administrative
costs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TRCD
is
developing
storage
systems
software
for
Windows
NT
to
facilitate
transparent
data
sharing
on
network
attached
storage
devices.
TRCD
also
offers
high
performance
enterprise
servers.
For
the
six
months
ended
6/01,
revenues
rose
from
$0
to
$94
thousand.
Net
loss
from
continuing
operations
and
applicable
to
Common
rose
from
$5.4
million
to
$12.7
million.
Results
reflect
sales
of
Lunar
Flare
NAS
server
appliance,
offset
by
headcount
additions
and
higher
development
and
testing
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Yuval Almog, 50 Chairman | -- | Joan Wrabetz, 40 Pres,
CEO, Chief Operating Officer, Director | -- | Steven Opdahl CFO | -- | Alexander Frey, 66 Sr.
VP and CTO | $161K | Charles Pearsall, 57 VP,
Engineering | 151K | 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
|
|