| Business Summary | | InfoNow
Corporation
is
engaged
in
enterprise
channel
management,
and
provides
e-business
services
to
Fortune
1000
companies
that
sell
locally
through
dealers,
distributors
or
branches,
also
known
as
channel
partners.
Its
technology
and
services
enable
traditional,
brick-and-mortar
companies
to
utilize
the
power
of
the
Internet
to
sell
to
and
service
end
customers
in
collaboration
with
their
channel
partners.
Through
its
iChannel
suite
of
products
and
services,
InfoNow
provides
a
comprehensive,
e-business
solution
that
enables
companies
to
increase
revenues,
lower
operating
costs
and
deliver
a
significant
return
on
investment.
InfoNow
focuses
on
three
market
segments
for
the
sale
of
its
products:
high
technology,
financial
services
and
most
recently,
industrial.
At
year-end
2000,
the
Company
had
58
clients
using
its
iChannel
services.
Some
large,
multinational
corporations
included
Hewlett-Packard,
Compaq,
Avaya,
Visa,
Bank
of
America,
First
Union,
Ariens,
Maytag
and
Miller
Electric. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | InfoNow
provides
e-business
services
on
an
outsourced
basis
to
channel
dependent
companies
and
their
resellers,
dealers,
and
VARs.
For
the
six
months
ended
6/30/01,
revenues
increased
74%
to
$6
million.
Net
loss
before
accounting
change
fell
13%
to
$2.1
million.
Revenues
reflect
increased
setup
fees
from
new
contracts
and
service
fees
from
ongoing
service
contracts.
Lower
loss
were
partially
offset
by
expenses
related
to
the
hiring
of
additional
technical
personnel. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael Johnson, 38 Chairman,
Pres, CEO | $139K | Harry Herbst, 49 CFO,
Exec. VP | -- | Joseph Penta, 46 Exec.
VP of Sales | -- | Kevin Andrew, 41 VP
of Fin. and Admin. | 143K | James Brandt, 37 VP-Operations | 141K | 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
|
|