| Business Summary | | FutureLink
Corporation
delivers
information
technology
(IT)
solutions
for
customers
who
choose
to
outsource
or
augment
all
or
part
of
their
IT
needs.
In
conjunction
with
its
strategic
partners,
the
Company
enables
the
deployment,
management,
support
and
maintenance
of
software
applications
from
its
data
centers
or
at
the
customers'
data
center
location.
The
Company's
professional
services
group
provides
expertise
in
server-based
computing,
information
security,
data
communications
management,
technical
staffing
and
other
related
services.
The
Company
also
purchases
and
resells
hardware
and
software
as
part
of
its
services.
In
August
2001,
the
Company
and
its
wholly
owned
subsidiaries
in
the
United
States
filed
voluntary
petitions
for
relief
under
Chapter
11
of
the
United
States
Bankruptcy
Code.
The
bankruptcy
filings
exclude
the
Company's
Canadian
and
United
Kingdom
operations,
none
of
which
seek
Chapter
11
protection
or
have
commenced
insolvency
proceedings. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FutureLink
Corp.
provides
server-based
computing
services
and
is
an
application
services
provider.
The
Co.
enables
software
applications
to
be
deployed,
managed,
supported,
and
upgraded
from
centrally
located
servers.
For
the
three
months
ended
3/01,
revenues
increased
58%
to
$35.8
million.
Net
loss
applicable
to
Com.
decreased
32%
to
$15.6
million.
Results
reflect
increased
service
delivery
sales,
partially
offset
by
reduced
hardware
and
software
margins. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
25,213;
after
tax
earnings
were
-18,056. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Howard Taylor, 51 Pres,
CEO, Director | $33K | Eugene Froelich, 60 CFO,
Exec. VP | -- | Yuri Pasea, 39 Managing
Director- Euopean Operations | -- | Dorothy Farris Sr.
VP of Marketing and Channel Sales | -- | William Botti, 50 Sr.
VP, Professional Services, West | 266K | 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
|
|