| | Business Summary | | AudioCodes
Ltd.,
incorporated
in
1993,
designs,
develops
and
markets
enabling
technologies
and
products
for
the
transmission
of
voice,
data
and
fax
over
packet
networks.
Packet
networks
are
data
communications
networks
that
transport
information
compressed
into
"packets"
over
circuits
shared
simultaneously
by
several
users.
Newly
developed
equipment
based
on
advanced
voice
communications
standards
enable
packet
networks
to
carry
voice
and
data
more
efficiently
and
at
lower
cost
than
the
traditional
telephone
networks,
which
were
designed
principally
to
transmit
high
quality
voice
calls.
The
Company's
voice
compression
technology
permits
the
high
quality
transmission
of
voice
over
packet
networks
using
substantially
less
network
capacity
than
used
in
traditional
telephone
networks.
Its
products
enable
customers
to
build
highly
efficient,
high
capacity
gateways
and
access
equipment
that
are
used
to
connect
traditional
telephone
networks
with
packet
networks. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | AudioCodes
Ltd.
designs,
develops
and
markets
enabling
technologies
and
products
for
the
transmission
of
voice,
fax
and
data
over
packet
networks.
For
the
six
months
ended
6/30/01,
revenues
decreased
14%
to
$25.2
million.
Net
income
fell
78%
to
$2.5
million.
Revenues
reflect
a
slow
down
in
orders
due
to
the
worsening
conditions
in
the
telecommunications
industry.
Net
income
reflects
decreased
gross
profit
margins
and
increased
sales
and
marketing
expenditures. | | More
from
Market Guide: Significant
Developments |
| | |
| Position | | Shabtai Adlersberg, 48 | Chairman,
Pres, CEO | | Mike Lilo, 41 | CFO,
VP-Fin. | | Bruce Gellman, 51 | Pres
of AudioCodes Inc. | | Doron Eidelman | COO | | Eyal Frishberg, 42 | VP-Operations |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/a/audc.gif)