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  September 5, 2001
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Home > Company Index > Telecommunications > Communication Processing Equipment > Farmstead Telephone Group, Inc.

Farmstead Telephone Group, Inc.
AMEX: FTG
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 PROFILE
Thanks to Avaya (formerly part of Lucent Technologies), Farmstead Telephone Group is more like a phonestead. Farmstead sells new, refurbished, and remanufactured Avaya systems and parts to companies in the market for private branch exchange (PBX, 86% of sales) and key switching systems. Small companies use key systems for direct user access to calls, whereas PBXs are designed for large businesses. Farmstead's services include equipment repair, rental, and support. The company sells directly and through a dealer network primarily to customers in the Northeastern US. Customers include CBS, Intel, J.P. Morgan Chase & Co., and Sony. CEO George Taylor Jr. owns 22% of the company.

 COMPETITION
Avaya Inc. (AV)
Nortel Networks Corporation (NT)
XETA Technologies, Inc. (XETA)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 42.80
1-Yr. Sales Growth: 30.1%
Employees: 116
Revenue per employee: $368,965.52

 KEY PEOPLE
• George J. Taylor
    CEO
• Robert G. LaVigne
    CFO

 CONTACT INFO
22 Prestige Park Circle
East Hartford, CT 06108
US
Phone: 860-610-6000
Fax: 860-610-6092
Online: Web Site

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