| Business Summary | | Avici
Systems
Inc.
provides
high-speed
data
networking
equipment
that
enables
telecommunications
companies
and
Internet
service
providers
to
transmit
high
volumes
of
information
across
their
fiber
optic
networks.
The
Company's
high-performance
solution
is
being
marketed
to
telecommunications
companies
and
Internet
service
providers,
referred
to
as
carriers,
which
are
creating
next-generation
optical
networks
to
address
the
increasing
data
traffic
across
the
Internet.
The
Avici
Terabit
Switch
Router
product
is
designed
to
cost-effectively
provide:
high-speed/high-volume
capacity;
high
levels
of
operational
availability
and
redundancy,
which
the
Company
refers
to
as
carrier-class
reliability;
and
the
ability
to
incrementally
add
capacity
to
the
network
without
disrupting
network
performance,
which
it
refers
to
as
in-service
scalability. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Avici
Systems
Inc.
develops
and
sells
high-speed
data
networking
equipment
that
enables
communications
service
providers
to
transmit
high
volumes
of
information
across
their
fiber
optic
networks.
For
the
six
months
ended
6/30/01,
net
revenues
totaled
$35.5
million,
up
from
$2.7
million.
Net
loss
fell
22%
to
$33.1
million.
Results
reflect
continued
growth
of
scalable
core
routing
solutions,
offset
by
increased
personnel
and
stock
compensation
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Surya Panditi, 41 Chairman | $271K | Steven Kaufman, 35 Pres,
CEO, Director | 189K | Paul Brauneis, 56 CFO,
VP of Fin. and Admin., Treasurer, Sec. | 189K | Henry Zannini, 56 VP
of Gov.al Sales | -- | Christopher Gunner, Ph.D., 46 VP
of Engineering | 192K | Dollar amounts are as of 31-Dec-2000 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
|
|