| Business Summary | | ION
Networks,
Inc.
is
a
developer
and
manufacturer
of
software
and
hardware
solutions
for
monitoring
and
managing
mission
critical
voice
and
data
network
infrastructure.
ION
designs
and
manufactures
next-generation
secure,
proactive
and
anticipatory
network
infrastructure
management
products.
ION's
products
monitor
and
analyze
the
performance
of
a
wide
range
of
devices,
e.g.
PBXs,
routers,
Digital
Subscriber
Line
Access
Multiplexers
(DSLAMS),
and
links
in
a
network
to
determine
if
a
network
is
working
properly.
The
Company's
products
are
used
to
collect
and
analyze
data
about
the
network
and
make
meaningful
decisions
about
them.
If
the
network
is
working
erratically,
ION's
products
are
often
able
to
determine
the
cause
of
the
problem
and
attempt
to
fix
it
automatically.
As
a
result,
ION's
products
improve
network
performance
and
assist
the
businesses
or
institutions
that
are
dependent
on
networks
to
be
more
effective. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ION
Networks
designs,
develops
and
markets
a
broad
range
of
remote
network
management
and
remote
maintenance
and
security
products
for
mission
critical
voice
and
data
communications
networks.
For
the
fiscal
year
ended
3/31/01,
revenues
fell
48%
to
$11.7
million.
Net
loss
totalled
$16.7
million,
up
from
$5.3
million.
Revenues
reflect
reduced
orders.
Higher
loss
also
reflects
increased
reserve
for
excess
and
obsolete
inventory
and
higher
R&D
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
1,933;
after
tax
earnings
were
-1,992. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Stephen Deixler, 65 Chairman | -- | Ronald Saks CEO | -- | Jane Kaufman, 52 Exec.
VP-Marketing and Bus. Devel. | $47K | Marty Caparros, 40 VP
of Sales | -- | Peter Gordon, 42 VP,
Sales Distribution | -- | Dollar amounts are as of 31-Mar-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|