| Business Summary | | Tumbleweed
Communications
Corp.
is
a
provider
of
mission-critical
messaging
solutions
that
enable
organizations
to
manage
and
secure
online
business
communications
and
processes.
The
Company's
customers
use
its
solutions
to
centrally
control
and
monitor
the
corporate
communications
stream
to
comply
with
policies
and
government
regulations,
communicate
securely
with
business
partners,
suppliers
and
customers
and
integrate
business
communications
and
processes
online.
Tumbleweed
software
creates
a
foundation
for
automated
legacy
data
extraction,
preparation
and
secure
two-way
communication
of
sensitive
or
confidential
business
information
such
as
electronic
statements
and
customer
service
inquiries.
Tumbleweed
solutions
integrate
with
existing
systems
and
end
user
behavior,
and
are
centrally
controlled
by
IT
managers,
while
remaining
transparent
to
end
users
that
do
not
need
to
deploy
new
software
or
behavior
to
comply
with
corporate
security
and
communications
policies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Tumbleweed
Communications
is
a
provider
of
advanced
e-mail
solutions
for
business
communications,
enabling
businesses
to
create
secure,
managed,
online
communication
channels,
leveraging
established
e-mail
networks
and
enterprise
applications.
For
the
six
months
ended
6/30/01,
total
revenue
fell
30%
to
$11.7
million.
Net
loss
totaled
$96.3
million,
up
from
$28.2
million.
Results
reflect
a
change
in
the
revenue
recognition
model
and
a
$51
million
goodwill
impairment
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Jeffrey Smith, 34 Chairman,
CEO | $236K | -- | Douglas Sabella, 42 Pres,
COO, Director | -- | -- | Elizabeth Jordan CFO,
Sr. VP-Fin. | -- | -- | Kerry Champion, 37 Sr.
VP- Product Devel. | 230K | $2.2M | Donald Gammon, 54 VP
of North American Sales | 512K | 586K | 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
|
|