| Business Summary | | Primix
Solutions
Inc.
is
a
professional
services
company
that
is
focused
on
helping
clients
improve
their
business
results
through
the
application
of
Internet,
wireless
and
broadband
technology.
Primix
helps
organizations
use
information
technology
to
solve
business
problems
and
capitalize
on
new
business
opportunities.
The
Company's
client
list
includes
operating
units
of
Global
1000
customers,
such
as
AstraZeneca,
EMC,
Ericsson
Mobile,
Computer
World
and
Rockwell
Collins,
and
middle-market
firms,
such
as
A.T.
Cross,
Bose
Corporation,
Greenfield
Online,
Pergo,
Kemper
Insurance
and
Waters
Corporation.
Sweden,
with
its
high
Internet
penetration
rates,
provided
the
starting
point
for
the
Company's
expansion
into
Europe.
The
expansion
strengthened
the
Company's
ability
to
service
and
grow
its
roster
of
Swedish-American
clients,
added
to
the
depth
of
Microsoft
technical
capabilities
to
support
current
offerings
and
increased
its
global
employee
base
by
one-third. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PMIX
is
a
strategic
Internet
services
firm
dedicated
to
helping
clients
define,
develop
and
deploy
e-business
solutions
that
deliver
superior
business
results.
For
the
six
months
ended
6/30/01,
revenues
rose
32%
to
$13.7
million.
Net
loss
totaled
$12.7
million,
up
from
$4.4
million.
Revenues
reflect
higher
professional
services
due
to
the
acquisition
of
Extrio
Corporation.
Higher
loss
reflects
a
$4.3
million
restructuring
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Lennart Mengwall, 58 Chairman,
Co-CEO | -- | -- | Kevin Azzouz, 41 Co-CEO,
Director | -- | -- | Michael Troiano, 34 Pres | $216K | -- | David Chapman, 37 CFO,
Treasurer and Sec. | 164K | $181K | Joseph Seebach, 39 Exec.
VP | 200K | 712K | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|