| Business Summary | | SofTech,
Inc.
is
a
leading
provider
of
Design
through
Manufacturing
Technologies
and
Services.
The
Company
offers
software
technology
of
its
own
to
the
2D
CAD/CAM
markets.
The
Company
develops,
markets,
distributes
and
supports
CAD/CAM
and
Product
Data
Management
(PDM)
computer
solutions.
Its
Adra
Systems
product
known
as
Cadra
is
a
drafting
and
design
technology
for
the
professional
mechanical
engineer.
The
CADRA
family
of
CAD/CAM
products
includes
CADRA
Design
Drafting,
CADRA
NC,
CADRA
integration
with
SolidWorks,
and
a
3D
solid
modeler.
The
Company's
AMT
group
has
two
primary
products,
Prospector
and
ToolDesigner.
The
Company
also
offers
a
wide
range
of
services
to
its
customers
including
consulting,
implementation
and
training. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SofTech,
Inc.
is
a
provider
of
Design
through
Manufacturing
Technologies
and
Services.
The
Company
offers
software
technology
of
its
own
to
the
2D
CAD/CAM
markets
and
partners
with
3D
and
Product
Data
Management
companies.
For
the
nine
months
ended
2/28/01,
revenues
fell
39%
to
$10.3
million.
Net
loss
totaled
$3.5
million,
up
from
$1.6
million.
Results
reflect
lower
North
America
Cadra
sales,
decreased
operating
margin
and
higher
research
and
development
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Johnston, 53 Chairman | -- | Joseph Mullaney, 43 Pres,
CFO, Chief Operating Officer | $145K | Ronald Elenbaas, 47 Vice
Chairman | -- | Victor Bovey, 43 VP,
Engineering | 98K | Dollar amounts are as of 31-May-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
|
|