| Business Summary | | Verisity
Ltd.
is
a
provider
of
proprietary
technologies
and
software
products
used
to
efficiently
verify
designs
of
electronic
systems
and
complex
integrated
circuits
that
are
essential
to
the
communications
and
other
high
growth
segments
of
the
electronics
industry.
The
Company's
products
automate
the
process
of
identifying
flaws
in
these
designs,
and
enable
customers
to
deliver
higher
quality
products,
accelerate
time-to-market
and
reduce
overall
product
development
costs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Verisity
Ltd.
is
a
provider
of
proprietary
technologies
and
software
products
used
to
efficiently
verify
designs
of
electronic
systems
and
complex
integrated
circuits.
For
the
six
months
ended
6/30/01,
revenues
totaled
$17.6
million,
up
from
$7.9
million.
Net
income
totaled
$1.6
million,
vs.
a
loss
of
$4.3
million.
Revenues
reflect
an
increase
in
the
customer
base
and
additional
sales
to
existing
customers.
Earnings
also
benefited
from
increased
gross
profit
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Moshe Gavrielov, 46 CEO,
Director | $318K | $1.8M | Charles Alvarez, 50 CFO,
VP of Fin. and Admin. | 171K | -- | Michael McNamara, 38 Sr.
VP of Technology , Director | 127K | -- | Lawrence Lapides, 40 VP
of Sales | 159K | -- | Francine Ferguson, 36 VP
of Marketing | 153K | -- | 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
|
|