| Business Summary | | Celerity
Systems,
Inc.
(CSI)
designs,
develops,
integrates,
installs,
operates
and
supports
interactive
video
and
high
speed
Internet
services
hardware
and
software.
In
the
interactive
video
and
high
speed
Internet
services
areas,
CSI
seeks
to
provide
solutions,
including
products
and
services
developed
by
the
Company
and
by
others,
that
enable
interactive
video
programming
and
applications
to
be
provided
to
a
wide
variety
of
market
segments.
The
Company
develops
and
manufactures
digital
video
servers
and
digital
set
top
boxes
for
the
interactive
television
and
high
speed
Internet
markets.
The
Company
is
also
seeking
to
offer
a
number
of
enhanced
services
such
as
home
energy
management,
and
security
and
healthcare
monitoring,
and
has
identified
several
market
segments
for
the
long-term
deployment
of
this
technology:
multiple
dwelling
units
housing,
hotels,
schools,
telephone,
cable,
and
energy
companies,
hospitals
and
assisted
living
centers,
and
corporate
applications. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CLRT
designs,
develops,
integrates,
installs,
operates
and
supports
interactive
video
services
hardware
and
software.
For
the
six
months
ended
6/30/01,
revenues
totaled
$2
thousand,
vs.
none.
Net
loss
applicable
to
Common
from
continuing
operations
before
acct.
change
decreased
64%
to
$1.2
million.
Revenues
reflect
income
generated
from
interactive
video
sales.
Lower
loss
also
reflects
decreases
in
legal,
professional,
and
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Kenneth Van Meter, 53 Chairman,
Pres and Chief Exec. Ofificer | $170K | 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
|
|