| Business Summary | | Netword,
Inc.
owns
and
operates
the
Netword
System.
With
the
Netword
System,
Internet
users
can
create
simple
and
memorable
words,
phrases,
numbers
and
other
sequences
of
characters,
called
Networds,
and
use
them
as
Internet
keywords.
Networds
are
aliases
or
nicknames
for
Internet
addresses
known
as
uniform
resource
locators.
Unlike
limited
keyword
systems
within
the
infrastructure
of
a
proprietary
network,
such
as
America
Online's
'AOL
Keyword'
system,
or
bookmarks
generated
by
Internet
users
for
use
on
their
own
computers,
Networds
are
universal
and
may
be
used
from
any
computer
on
the
Internet.
The
Company
expects
to
earn
revenues
from
payments
by
owners
of
e-commerce
sites
for
traffic
referred
to
its
sites
by
Netword
users,
registration
of
specific
Networds
by
commercial
Web
resource
owners,
payments
by
these
owners
for
hits
on
their
sites,
sales
of
banner
ads
and
other
advertising
on
its
Website
and
expanded
service
offerings. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Netword,
Inc.
owns
and
operates
the
Netword
System,
a
patented
Internet
utility
which
provides
universally
available,
human-friendly
Internet
keywords
for
Internet
resources,
including
Web
pages,
files
available
via
FTP,
or
e-mail
addresses.
For
the
six
months
ended
6/30/01,
sales
fell
45%
to
$3
thousand.
Net
loss
decreased
42%
to
$937
thousand.
Revenues
reflect
reduced
sales
of
Networds.
Lower
loss
reflects
the
absence
of
Net2Phone
warrant
amortization
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Michael Wise, 56 Pres,
CEO, Director | $64.0K | Murray Rubin, 56 CFO,
Chief Accounting Officer, Treasurer | -- | Shepard Bostin, 33 COO | 102.0K | Kent Klineman, 67 Sec.,
Director | 3.0K | 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
|
|