| Business Summary | | Clarus
Corporation
develops,
markets
and
supports
Internet-based
business-to-business
(B2B)
e-commerce
solutions
targeted
for
large
to
mid-size
enterprises
(LME)
that
automate
the
procurement,
sourcing
and
settlement
of
goods
and
services.
The
Company's
software
helps
organizations
reduce
the
costs
associated
with
the
purchasing
and
payment
settlement
of
goods
and
services
and
helps
to
maximize
procurement
economies
of
scale.
The
Company's
digital
marketplace
solution
provides
a
framework
that
allows
companies
to
create
trading
communities
and
additional
revenue
opportunities.
The
Company's
solutions
also
benefit
suppliers
by
reducing
sales
costs
and
providing
the
opportunity
to
increase
revenues.
Products
have
been
licensed
by
customers
such
as
Comcast
Corporation,
Burlington
Northern
Santa
Fe
Railroad,
Gjensidige
NOR
and
Mastercard
International. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Clarus
Corporation
is
a
provider
of
business
to
business
E-Commerce
software
applications,
which
provide
companies
greater
control
over
operational
and
nonoperational
resources.
For
the
six
months
ended
6/30/01,
revenues
fell
38%
to
$10.6
million.
Net
loss
rose
54%
to
$43.5
million.
Revenues
were
impacted
by
the
expansion
of
the
business
model
to
include
ratable
revenue
recognition.
Higher
loss
also
reflects
a
$6.5
million
investment
impairment
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Stephen Jeffery, 45 Chairman,
CEO and Pres | $397K | $1.4M | James McDevitt, 41 CFO | -- | -- | Sean Feeney COO | -- | -- | Steven Hornyak, 35 Exec.
VP and Gen. Mang., Americas | 455K | 2.9M | Michael Mattox, 45 Sr.
VP, Corp. Planning and Operations, Gen. Counsel | -- | -- | 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
|
|