| Business Summary | | Turnstone
Systems,
Inc.
is
a
provider
of
products
that
are
designed
to
enable
local
exchange
carriers
to
rapidly
deploy
and
efficiently
maintain
digital
subscriber
line
(DSL)
services.
The
Company's
products
enable
the
automation
and
remote
control
of
installation,
qualification
and
maintenance
of
copper
telephone
lines.
The
Copper
CrossConnect
CX100,
the
Company's
flagship
product,
enables
local
exchange
carriers
to
deploy
high-speed
digital
services
on
existing
copper
telephone
lines.
The
Company's
Smart
Splitter
SX500
platform
enables
complete
loop
management
for
incumbent
local
exchange
carriers,
deploying
residential
DSL
and
voice
services
over
the
same
copper
line,
and
for
line
sharing
arrangements
where
different
carriers
share
the
same
copper
line. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Turnstone
Systems,
Inc.
is
a
provider
of
products
that
enable
local
exchange
carriers
to
rapidly
deploy
and
efficiently
maintain
digital
subscriber
line
(DSL)
service,
enabling
the
automation
of
installation,
qualification
and
maintenance
of
copper
lines.
For
the
six
months
ended
6/30/01,
revenues
fell
83%
to
$11.2
million.
Net
loss
totaled
$57.6
million
vs.
an
income
of
$13.6
million.
Results
reflect
weak
demand
and
increased
research
and
development
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Richard Tinsley, 35 Pres,
CEO | $306K | -- | Terrence Schmid CFO | -- | -- | Shames Panahi, 41 VP,
Operations | -- | -- | Michael Crumlin, 38 VP,
Sales and Customer Service | 271K | $4.1M | Eric Andrews, 34 VP,
Marketing | 197K | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|