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  September 5, 2001
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Home > Company Index > Computer Software & Services > Corporate, Professional & Financial Software > Veramark Technologies, Inc.

Veramark Technologies, Inc.
Nasdaq: VERA
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 PROFILE
Veramark Technologies hates to gossip, but its software helps customers keep up with who's calling whom. The company's call accounting software (46% of sales) links with a business telephone system to collect, store, and process information on every outside telephone call made or received. Veramark also offers telecom enterprise management software and central office data processing applications. The company sells to telecom equipment manufacturers and service providers, including Avaya, SBC Communications, Philips, Siemens, and ScanSource. The loss of its largest customer -- Lucent Technologies -- left Veramark in financial turmoil and selling off its billing and customer care product to focus on core competencies.

 COMPETITION
Amdocs Limited (DOX)
Telcordia Technologies, Inc. (dossier)

 DEALS
Deal: Veramark and XACCT Team
Date Announced: 10.18.99
Value of transaction (US $Mil): 0
Description: Companies partner to combine IP mediation system with convergent billing system.

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 16.50
1-Yr. Sales Growth: (31.8)%
Employees: 174
Revenue per employee: $94,827.59

 KEY PEOPLE
• David G. Mazzella
    CEO
• Ronald C. Lundy
    CFO

 CONTACT INFO
3750 Monroe Ave.
Pittsford, NY 14534
US
Phone: 716-381-6000
Fax: 716-383-6800
Online: Web Site

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