| Business Summary | | 1st
Net
Technologies
Inc.,
incorporated
on
May
14,
1990,
is
an
Internet
products
and
services
company.
The
Company
provides
e-business
products
and
services
that
enable
businesses
to
develop
and
maintain
an
effective
Web
presence
and
to
communicate
effectively
on
the
Internet.
The
Company's
primary
business
focuses
on
the
continued
development
and
deployment
of
its
e-mail
administration
and
database
management
software
product
called
EnvoyMail.
1st
Net
develops
a
range
of
Internet
products
through
its
subsidiary,
Children's
Technology
Group
(CTG). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | 1st
Net
Technologies
is
a
provider
of
Internet
public
relations
and
newsletters.
FNTT
is
also
in
the
business
of
creating
Internet
communities
for
children.
For
the
six
months
ended
6/30/01,
revenues
fell
49%
to
$37
thousand.
Net
loss
totaled
$1.1
million
vs.
an
income
of
$314
thousand.
Revenues
reflect
a
decrease
in
technology
consulting,
user
fees
and
marketing
services
revenues.
Net
loss
reflects
the
absence
of
$1.2
million
in
gains
on
the
sale
of
investments
and
the
$794
thousand
writedown
of
CTG. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| James Watson, Jr., 37 Chairman
and CEO | -- | Clifford Smith, 40 Pres
and Director | -- | Mary Writer, 41 Sec. | $45K | 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
|
|