| Business Summary | | PurchasePro.com,
Inc.
is
a
provider
of
Internet
business-to-business
e-commerce
products
and
services.
The
Company's
products
and
services
enable
customers
to
establish
and
operate
online
marketplaces
utilizing
its
"powered
by
PurchasePro"
brand,
which
enables
businesses
of
all
sizes
to
easily
buy
and
sell
products
and
services,
enhancing
sales
opportunities
and
reducing
procurement
costs.
The
Company's
marketplace
solutions
respond
to
common
corporate
transactional
needs,
including
e-Procurement
for
corporate
procurement,
v-Distributor
for
online
and
off-line
distributors
and
e-MarketMaker
for
Internet
market
makers.
As
of
December
31,
2000,
the
Company's
global
marketplace
was
comprised
of
hundreds
of
marketplaces
and
more
than
140,000
businesses
in
more
than
100
different
vertical
industries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PurchasePro.com,
Inc.
is
a
provider
of
Internet
business-to-business
electronic
commerce
services,
comprised
of
public
and
private
e-marketplaces
where
businesses
can
buy
and
sell
a
range
of
products
and
services.
For
the
six
months
ended
6/30/01,
total
revenues
totaled
$32.8
million,
up
from
$14.1
million.
Net
loss
totaled
$94.5
million,
up
from
$27.8
million.
Results
reflect
increased
software
license
revenues,
offset
by
increased
marketing
and
non-cash
costs. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Richard Bradley, 42 | Chairman | Richard Clemmer, 49 | Vice
Chairman, Pres, CEO, Acting Chief Financial Officer | Allen Winder, 44 | COO,
Exec. VP | Scott Wiegand, 32 | Sr.
VP, Sec., Gen. Counsel | Christopher Benyo, 39 | Sr.
VP of Marketing and Network Services |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|