| Business Summary | | VerticalNet,
Inc.
provides
e-commerce
solutions
through
two
strategic
business
units,
VerticalNet
Markets
and
VerticalNet
Solutions.
VerticalNet
Markets
operates
59
industry-specific
e-marketplaces
through
which
the
Company
provides
hosted
e-commerce
and
community
capabilities
for
corporate
divisions
and
small
and
medium-sized
businesses.
VerticalNet
Markets
offers
a
suite
of
supplier
enablement
solutions,
which
are
designed
to
allow
suppliers
to
enhance
their
online
presence
and
brand,
generate
new
leads,
transact
business
in
public
marketplaces,
create
private
marketplaces,
manage
existing
channel
partner
relationships
and
create
private
extranets
and
resource
hubs.
VerticalNet
Solutions
offers
software
solutions
to
industry
alliances,
independent
net
market
makers
and
global
2000
enterprises.
VerticalNet
Solutions's
e-marketplace
solutions
offer
open
platform,
multiple
market
mechanisms,
multi-party
system
interaction
and
a
range
of
buy-
and
sell-side
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VerticalNet,
Inc.
is
a
business-to-business
e-commerce
enabler,
providing
end-to-end
e-commerce
solutions
that
are
targeted
at
distinct
business
segments.
For
the
six
months
ended
6/30/01,
revenues
rose
87%
to
$69.7
million.
Net
loss
from
continuing
operations
applicable
to
Common
totaled
$394.1
million,
up
from
$37.5
million.
Results
increased
revenues
from
enterprise
software
solutions,
offset
by
increased
personnel,
amortization
and
impairment
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Mark Walsh, 44 Chairman | $300K | $10.2M | Michael Hagan, 37 Pres,
CEO, Director | 175K | -- | Douglas Alexander, 38 Vice
Chairman | -- | -- | Gene Godick, 34 CFO,
Exec. VP | 208K | 2.0M | David Kostman Pres,
VerticalNet International and COO, VerticalNet Markets | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|