| Business Summary | | ONI
Systems
Corp.,
formerly
Optical
Networks
Incorporated,
develops,
markets
and
sells
optical
communications
networking
equipment
specifically
designed
to
address
the
bandwidth
and
service
limitations
of
metropolitan
area
and
regional
networks.
The
Company's
equipment
uses
pulses
of
light
rather
than
electric
current
in
the
transmission
and
routing
of
telephone,
Internet
and
other
data
communications
in
these
networks.
ONI's
products
enable
communication
service
providers
to
relieve
traffic
bottlenecks
in
their
metropolitan
and
regional
networks
and
to
deliver
new
data
communication
services
sought
by
their
subscribers.
The
Company's
products
are
designed
to
help
its
customers
rapidly
build
high-capacity
metro
networks
that
are
flexible,
easy
to
expand
and
capable
of
supporting
multiple
services
for
end
users. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ONI
Systems
Corp.
develops,
markets
and
sells
communications
networking
equipment,
based
entirely
on
optical
technology,
for
metropolitan
area
and
regional
networks.
For
the
six
months
ended
6/30/01,
revenues
totaled
$113.3
million,
up
from
$13.1
million.
Net
loss
applicable
to
Common
fell
36%
to
$49.7
million.
Results
reflect
increased
sales
of
the
ONLINE9000
product
and
the
introduction
of
new
products,
partially
offset
by
increased
personnel-related
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Hugh Martin, 47 Chairman,
Pres, CEO | $280K | Ken Burckhardt Interim
CFO, VP-Fin. | -- | William Cumpston, 39 COO | 288K | Robert Jandro, 45 Exec.
VP, Global Sales and Services | 495K | Michael Dillon, 42 VP,
Gen. Counsel, Sec. | -- | 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
|
|