| Business Summary | | Persistence
Software,
Inc
is
a
provider
of
transactional
application
servers
and
dynamic
Web-content
acceleration
servers,
which
is
software
that
processes
transactions
between
users
and
back-end
computer
systems
in
electronic
commerce
systems.
By
caching
data,
or
moving
information
stored
in
back-end
computer
systems
closer
to
users,
the
Company's
software
reduces
network
traffic,
resulting
in
both
better
network
performance
and
faster
transaction
processing.
In
addition,
its
PowerTier
application
servers
implement
Sun
Microsystems'
full
Java
2
Platform,
Enterprise
Edition
(J2EE)
standard
to
enable
businesses
to
deploy
sophisticated
Java
applications,
which
readily
scale
or
accommodate
rapidly
increasing
numbers
of
users.
Its
Dynamai
Web
content
accelerator
improves
the
speed
and
scalability
of
electronic
commerce
Websites
that
rely
heavily
on
dynamically
generated
content
using
technologies
such
as
Java
Server
Pages
and
Active
Server
Pages. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Persistence
Software
is
a
provider
of
transactional
application
servers
-software
which
processes
transactions
between
users
and
back-end
computer
systems
for
electronic
commerce
systems.
For
the
six
months
ended
6/30/01,
total
revenues
fell
5%
to
$9.6
million.
Net
loss
rose
14%
to
$11.4
million.
Revenues
reflect
lower
license
revenue
due
to
continued
weakness
in
the
technology
sector.
Loss
also
reflects
increased
amortization
and
reorganization
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Christopher Keene, 40 Chairman
and CEO | $230K | Christine Russell, 51 CFO
and Sec. | 208K | Ed Murrer Sr. VP of Marketing | -- | Mark Palmer, 51 Sr.
VP, Worldwide Field Operations | -- | James Barton, 37 VP
of Strategic Technology and CTO | -- | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|