| Business Summary | | GRIC
Communications,
Inc.
is
engaged
in
delivering
remote
Internet
access
and
corporate
secure
remote
access
to
Internet
service
providers,
communications
providers
and
enterprise
customers.
Combining
advanced
technology
with
its
managed
global
GRIC
Alliance
Network
of
more
than
300
service
providers,
GRIC
delivers
its
services
in
150
countries
and
enables
Internet
access
through
more
than
12,000
dialing
locations.
GRIC
has
offices
in
the
United
States,
Asia
and
Europe.
The
Company's
customers
include
telecommunications
companies,
Internet
service
providers,
corporate
enterprises
and
newly
emerging
communications
service
providers.
GRIC
provides
its
services
and
software
through
a
global
network
of
customers
that
the
Company
calls
the
GRIC
Alliance. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GRIC
Communications,
Inc.
provides
services
and
software
that
enable
communications
companies
to
offer
Internet-based
products
and
services,
including
Internet
telephony
and
Internet
roaming.
The
Company
also
offers
billing
and
collection
services.
For
the
six
months
ended
6/30/01,
total
revenues
fell
14%
to
$10.6
million.
Net
loss
rose
60%
to
$24.1
million.
Results
reflect
reduced
revenues
from
IP
telephony
services
and
$7.8
million
in
restructuring
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Roger Peirce, 58 Chairman | -- | -- | Hong Chen, Ph.D., 37 CEO,
Director | $285K | -- | Bharat Dave Pres, COO, Director | -- | -- | Joseph Zaelit, 54 Sr.
VP, Fin. and Admin. and CFO | 237K | $253K | Kristin Steinmetz, 40 Sr.
VP, Marketing and Bus. Devel. | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|