| Business Summary | | Triton
Network
Systems,
Inc.
provides
broadband
wireless
equipment
that
enables
communications
service
providers
to
deliver
high-speed,
cost-effective
voice,
video
and
data
services
to
their
business
customers.
The
Company's
Invisible
Fiber
products
combine
high
transmission
speeds
and
the
reliability
of
fiber-optic
networks
with
the
flexibility,
low
cost
and
rapid
deployment
of
wireless
technologies.
The
Company
offers
two
product
lines,
the
Invisible
Fiber
Internet
product
line
for
Internet
service
providers,
and
the
Invisible
Fiber
SONET
(synchronous
optical
network)
product
line,
which
is
a
standard
for
the
transmission
of
high-volume
communications
in
fiber-optic
networks.
In
August
2001,
the
Company
announced
that,
subject
to
approval
by
the
holders
of
a
majority
of
its
outstanding
shares,
the
Company
will
be
liquidated
and
dissolved. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Triton
Network
Systems
is
a
provider
of
high-speed
wireless
equipment
that
enables
communications
service
providers
to
deliver
fast,
cost-effective
voice,
video
and
data
services
to
their
business
customers.
For
the
six
months
ended
6/30/01,
revenues
rose
8%
to
$9.4
million.
Net
loss
increased
68%
to
$40.6
million.
Results
reflect
strong
shipments
of
Invisible
Fiber
Units
in
the
first
quarter,
offset
by
higher
doubtful
account,
severance
and
amortization
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Robert Goodman, 39 Chairman | -- | Kenneth Vines, 55 CEO,
Chief Financial Officer, Sr. VP | $229K | Douglas Campbell, 39 VP
of Sales and Marketing | 185K | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|