| | Business Summary | | Data
Race,
Inc.,
doing
business
as
IP
AXESS,
designs,
manufactures,
and
markets
a
line
of
communications
products
to
meet
the
needs
of
remote
workers.
The
Company's
lead
product,
the
VocalWare
IP
remote
access
system,
provides
virtual
presence
to
the
corporate
environment
by
allowing
a
remote
worker
to
connect
to
the
corporate
office
over
a
normal
dial-up
telephone
line
or
a
number
of
broadband
access
mediums
such
as
DSL,
cable
modems,
ISDN,
ATM
and
frame
relay,
and
simultaneously
have
full
access
to
the
corporate
data
network,
the
office
phone
extension,
and
the
office
fax
system. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | RACE
designs,
manufactures,
and
markets
a
line
of
communication
products
which
allow
a
remote
worker
to
connect
to
the
corporate
office
over
a
telephone
line
and
have
full
access
to
the
data
network,
office
phone
and
office
fax
system.
For
the
nine
months
ended
3/31/01,
revenues
fell
83%
to
$52
thousand.
Net
loss
from
continuing
operations
applicable
to
Common
rose
71%
to
$11.5
million.
Results
reflect
changes
in
sales
agreements
and
increased
personnel
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jeffrey Blanchard, 47
Chairman | -- | Jim Scogin, 39
Acting
Pres, CFO, Sr. VP-Fin., Sec., Treasurer | $106K | Jeffrey Kissell, 45
Sr.
VP of Product and Bus. Devel. | -- | Bradley Frohman, 45
VP
of Engineering | -- | | Dollar amounts are as of 30-June-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/r/race.ob.gif)