| | Business Summary | | Clarent
Corp.
is
a
provider
of
software-based
communications
solutions
that
are
designed
to
take
advantage
of
the
flexibility
and
universal
reach
of
Internet
Protocol
(IP)
communications
networks.
The
Company's
software-based
solutions,
in
conjunction
with
its
hardware
or
equipment
provided
by
others,
are
designed
to
enable
service
providers
to
deliver
simultaneous
transmission
of
voice,
fax
and
data
over
IP
networks.
Clarent's
solutions
provide
seamless
bridges
between
the
traditional
circuit-switched
telephone
system
and
Internet
Protocol
networks,
allowing
the
use
of
IP
telephony
to
be
transparent
to
end
user
customers
using
their
existing
wire
line
or
wireless
telephones. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Clarent
Corp.
is
a
provider
of
Internet
protocol
(IP)
telephony
systems,
allowing
for
the
simultaneous
transmission
of
voice,
fax
and
data
over
the
Internet
and
similar
communications
networks.
For
the
six
months
ended
6/30/01
revenue
totaled
$124.3
million,
up
from
$52.9
million.
Net
loss
totalled
$55.5
million,
up
from
$488
thousand.
Revenues
are
attributable
to
sales
of
new
products.
Loss
reflects
increased
R&D,
marketing,
amortization
and
restructuring
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jerry Chang, 42
Chairman
and Chief Strategist | $455K | Michael Vargo, 40
Interim
CEO, Director | 291K | Simon Wong, 43
CFO,
Sec. | -- | Daniel Fung
COO | -- | Peter Bohacek, Ph.D., 65
Sr.
VP of Bus. Devel. and Product Marketing | -- | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/c/clrn.gif)