| Business Summary | | Telaxis
Communications
Corporation
develops
and
supplies
broadband
wireless
access
products.
Using
its
products,
network
service
providers
can
bridge
the
"last
mile"
between
the
telecommunications
backbone
and
a
subscriber's
premises
wirelessly
to
deliver
high-speed
integrated
voice,
video
and
data
services
to
their
customers.
The
Company
has
developed
its
products
for
use
in
point-to-multipoint
wireless
access
systems.
In
this
structure,
a
single-base
station
provides
two-way
connectivity
to
the
customer
premises
equipment,
located
at
multiple
subscribers'
premises
out
to
a
range
of
approximately
two
to
three
miles.
This
structure
allows
a
network
service
provider
to
enter
markets
quickly
and
economically,
and
expand
its
network
efficiently
as
the
number
of
subscribers
grows.
The
Company
has
expanded
the
scope
of
its
business
to
include
products
for
use
in
point-to-point
wireless
access
systems. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Telaxis
Communications
develops
and
supplies
high-speed,
or
broadband,
wireless
access
equipment
used
by
network
service
providers
to
deliver
integrated
voice,
video
and
data
services
to
business
and
residential
customers.
For
the
six
months
ended
6/30/01,
sales
fell
90%
to
$1.5
million.
Net
loss
from
continuing
operations
rose
17%
to
$9.5
million.
Results
reflect
weakness
in
the
broadband
wireless
telecommunications
market,
partially
offset
by
lower
personnel
and
related
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Albert Paladino, 68 Chairman
of Directors | -- | -- | John Youngblood, Ph.D., 60 Pres,
CEO | $247K | -- | Dennis Stempel, 38 CFO,
VP, Treasurer | 155K | $192K | Stephen Ward Exec.
VP of Sales and Marketing | -- | -- | Ransom Reynolds, 58 Sr.
VP, Bus. Devel. | 178K | 1.1M | 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
|
|