| Business Summary | | Castelle
designs,
develops,
markets
and
supports
server
appliances
providing
office
messaging
solutions
and
other
shared
services.
The
Company's
products
are
focused
on
two
areas,
fax
messaging
products
and
print
servers.
The
Company's
products
consist
of
FaxPress,
an
integrated
hardware/software
network
faxing
solution;
OfficeDirect,
an
integrated
email/fax
messaging
system;
InfoPress,
an
enterprise-level
fax-on-demand
software
product,
and
LANpress
print
servers.
Beginning
in
1998,
the
Company
redirected
its
efforts
to
focus
on
server
appliances
and
on
development
efforts
to
integrate
existing
and
future
products
with
the
Internet
and
emerging
networking
technologies.
The
Company's
specialized
networking
products
allow
network
administrators
to
deploy
complex
networking
applications
without
the
cost
and
time
required
to
install
server-based
software
solutions.
Castelle's
products
are
installed
in
many
Fortune
1000
companies
and
in
small
and
medium-sized
businesses
worldwide. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Castelle
designs,
develops,
markets
and
supports
network
enhancement
products,
both
hardware
and
software,
that
improve
the
productivity,
performance
and
functionality
of
local
area
networks
and
enhance
the
LAN
user's
ability
to
communicate.
For
the
six
months
ended
6/29/01,
revenues
fell
40%
to
$4.7
million.
Net
loss
totaled
$676
thousand
vs.
an
income
of
$380
thousand.
Results
reflect
declined
demand
for
print
server
products
and
a
$238
thousand
restructuring
charge. Recent Earnings Announcement For
the
3
months
ended
06/29/2001,
revenues
were
2,370;
after
tax
earnings
were
-268. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Donald Rich, 58 Chairman,
Pres, CEO, Chief Financial Officer, Sec. | $300K | Edward Heinze, 54 VP
- Sales, North America | -- | Ronnie Mansoor, 43 CTO,
VP | 161K | Dollar
amounts are as of 31-Dec-1999 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
|
|