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  September 5, 2001
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Home > Company Index > Telecommunications > Wireless Communications Services > PNI Technologies, Inc.

PNI Technologies, Inc.
OTC: PNLG
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 PROFILE
PNI Technologies, formerly Preferred Networks, provides outsourcing services for wireless providers and owns and operates one-way paging networks in the US. Its network services division sells wholesale network capacity to some 1,500 customers, including carriers, resellers, and agents, which in turn provide branded services to end users. The company has sold its engineering services and repair subsidiaries to concentrate on development of high-speed switching technology and related software enhanced networking products for fixed network, Internet, and wireless markets. However, in 2001 PNI filed for bankruptcy reorganization under Chapter 11 and cut 50% of its workforce.

 COMPETITION
Century Electronics Manufacturing, Inc. (dossier)
Inrange Technologies Corporation (INRG)
Signal Technology Corporation (STCO)

 DEALS
Deal: WebSiteForFree.com Partners with Preferred Networks to Provide Paging Via the Internet
Date Announced: 03.03.00
Value of transaction (US $Mil): 0
Description: Web developer and wireless solutions provider to develop group messaging for Preferred Networks customers.

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 14.10
1-Yr. Sales Growth: (17.2)%
Employees: 55
Revenue per employee: $256,363.64

 KEY PEOPLE
• Mark B. Jones
    CEO
• Mark B. Jones
    CFO

 CONTACT INFO
850 Center Way
Norcross, GA 30071
US
Phone: 770-582-3500
Fax: 770-582-3501
Online: Web Site

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