| Business Summary | | CYNET,
Inc.
is
an
application
services
provider
(ASP)
integrating
e-messaging
with
Internet,
marketing
and
wireless
services.
The
Company
is
focused
on
developing
customer-driven,
business-to-business
and
business-to-
consumer
solutions
through
its
technology.
During
the
year
ended
December
31,
2000,
the
Company's
core
products
and
services
included
data
messaging
and
electronic
document
delivery,
which
includes
point-to-point
faxing,
fax-broadcasting,
fax-to-e-mail
and
e-mail-to-fax,
as
well
as
wireless
messaging.
The
Company's
Wireless
Product
line
includes
the
CYNET
wireless
Cell/Modem.
At
the
heart
of
CYNET's
Electronic
Messaging
(eMessaging)
Center
is
the
Convergent
Messaging
Engine
(CME).
The
engine
processes
and
routes
all
messages
delivered
to
it
via
the
XML,
COM
or
SMTP
interfaces.
By
leveraging
these
external
interfaces,
custom
applications
and
Websites
can
instantly
provide
fax,
e-mail
and
voice
messaging
capabilities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CYNET,
Inc.
is
an
Internet
business
solutions
provider.
The
Company's
products
and
services
include
fax,
data,
voice,
e-mail
and
mobile
messaging;
and
application
development,
web
hosting
and
Internet
access.
For
the
three
months
ended
3/31/01
revenues
fell
36%
to
$1.6
million.
Net
loss
applicable
to
Common
rose
89%
to
$4.3
million.
Results
reflect
lower
sales
of
the
Internet,
data
service,
Wireless
Cell/Modem
products,
and
increased
non-cash
investor
relations
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Vincent Beale, Sr., 51 Chairman,
CEO | $180K | Robert Demyanovich Pres,
COO | -- | Bernard Beale, 43 Exec.
VP | 183K | David Hearon, Jr., 62 Sr.
VP, Institutional Devel. | 150K | Michael Galloway, 54 VP,
Technical Operations | -- | 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
|
|