| Business Summary | | Advanced
Switching
Communications,
Inc.
designs,
builds
and
markets
a
line
of
broadband
access
equipment
for
telecommunications
service
providers.
With
its
MultiStream
technology
and
integrated
family
of
network
access
solutions,
communications
companies
can
rapidly
and
cost-effectively
deliver
the
power
of
the
Internet
and
advanced
broadband
services
to
their
customers
around
the
world.
By
combining
advanced,
multi-service
switching
with
multiplexing,
the
Company's
technology
and
products
enable
carriers
to
deliver
voice,
data,
multimedia
and
Internet-based
traffic
across
a
wide
range
of
facilities,
including
advanced,
high-speed
optical
networks.
Advanced
Switching
plans
to
add
Internet
protocol
capabilities
to
its
product
portfolio
in
2001.
The
Company
markets
its
products
to
telecommunications
service
providers
worldwide,
focusing
on
established
and
emerging
multi-service
carriers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Advanced
Switching
Communications
provides
network
access
solutions
for
communications
companies
to
deploy
broadband
services
in
markets
of
all
sizes.
For
the
six
months
ended
6/30/01,
net
revenues
rose
13%
to
$14.6
million.
Net
loss
rose
50%
to
$17.8
million.
Results
reflect
higher
sales
of
the
A-1240,
A-3010
and
A-4000
products
to
new
customers.
Net
loss
reflects
a
$7
million
charge
for
excess
and
obsolete
inventory,
and
increased
costs
for
new
product
development. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Asghar Mostafa, 42 Chairman,
Pres, CEO | $208K | Harry D'Andrea, 44 CFO | 213K | Robert Stewart, 47 CCO | -- | Sherry Rhodes, 45 VP,
Sec., Gen. Counsel | -- | Lawrence Kraft, 34 VP
of Marketing | -- | 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
|
|