| Business Summary | | Network
Commerce
Inc.
is
a
technology
infrastructure
and
services
company.
The
Company
provides
a
comprehensive
technology
and
services
platform
including
domain
registration
services,
hosting
services,
commerce
services,
business
services
and
one-to-one
marketing
services.
Its
technology
and
services
platform
operates
on
the
infrastructure
of
four
data
centers,
more
than
500
servers
and
bandwidth
in
excess
of
400
megabits
per
second.
In
May
2000,
the
Company
changed
its
name
from
ShopNow.com
Inc.
In
December
2000,
it
announced
that
it
will
discontinue
The
HagginGroup
and
Professional
Services,
and
in
January
2001,
announced
that
it
will
discontinue
its
shopping
channel,
ShopNow.com.
In
March
2001,
the
Company
announced
that
it
will
discontinue
its
gaming
and
entertainment
site,
SpeedyClick.com.
These
closures
will
allow
the
Company
to
focus
more
resources
on
its
technology
infrastructure
and
services
business. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NWKC
provides
an
end-to-end
solution
that
enables
businesses
to
engage
in
e-commerce
with
other
businesses,
merchants
and
shoppers.
The
Company
operates
an
e-commerce
network
(the
ShopNow
Network)
comprised
of
online
marketplaces
and
Websites
of
clients.
For
the
six
months
ended
6/30/01,
revenues
fell
64%
to
$16.4
million.
Net
loss
before
extraordinary
item
totaled
$184.8
million,
up
from
$47.9
million.
Results
reflect
reduced
demand
and
increased
special
charges. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000
Compensation | | Pay | Exer | |
| Dwayne Walker, 39 Chairman,
Pres, CEO, Chief Operating Officer | $711K | $1.9M | N. Scott Dickson CFO | -- | -- | Ganapathy Krishnan, Ph.D., 40 Exec.
VP, CTO | -- | -- | Anne-Marie Savage, 36 Exec.
VP | 290K | 17K | Steven Smith VP-Fin. | -- | -- | 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
|
|