| Business Summary | | VTEL
Corporation,
d.b.a.
Forgent
Corporation,
is
a
provider
of
advanced
video
solutions
for
enterprise
communications,
and
is
engaged
in
improving
video
management
and
interoperability
standards.
These
solutions
consist
of
professional
services,
brand
name
products
and
network
management
software.
The
Company's
professional
services
provide
network
planning,
interoperability
testing,
technical
support,
maintenance
and
training.
Forgent's
product
portfolio
consists
of
brand
name
video
products
that
are
integrated
into
custom
and
vertical
market
applications.
Its
Video
Network
Platform
(VNP)
provides
network
management
software
designed
to
control
the
quality
of
service
for
multi-vendor
video
networks.
In
May
2001,
Forgent
was
formed
out
of
the
Services
and
Integration
business
of
VTEL
Corporation. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VTEL
Corp.
is
a
provider
of
advanced
video
solutions
for
enterprise
communications,
and
is
engaged
in
improving
video
management
and
interoperability
standards.
For
the
nine
months
ended
4/30/01,
revenues
fell
37%
to
$65
million.
Net
loss
totaled
$24.7
million
vs.
an
income
of
$25.8
million.
Revenues
reflect
a
decline
in
sales
of
videoconferencing
systems.
Net
loss
reflects
the
absence
of
a
$34.2
million
other
income
from
licensing
agreement. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Richard Snyder, 56 | Chairman,
CEO | Jay Peterson, 43 | CFO,
VP | Roy Wilson | COO | Ken Kalinoski | VP,
Devel. and CTO | Parker Emery | VP
of Sales |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|