| Business Summary | | Ingenuus
Corporation
provides
manufacturing-centric,
automated
solutions
that
enable
users
to
collaborate
and
share
intellectual
production
and
process
data
enterprise-wide
through
the
use
of
the
Internet,
providing
faster
time
to
market.
The
Company
underwent
a
fundamental
and
rapid
shift
in
business
during
2000,
when
it
changed
its
name
from
Aspec
Technology
to
Ingenuus
Corporation,
and
sold
its
Semiconductor
Intellectual
Property
(SIP)
business.
Using
InBox
and
the
power
of
the
Internet,
the
Company
retooled
existing
technology
into
the
Manufacturing
Change
Manager
(MCM)
solution
that
allows
manufacturers
to
take
control
and
command
of
the
manufacturing
change
lifecycle.
All
of
the
Company's
energy
is
focused
on
MCM
and
complimentary
new
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Ingenuus
Corporation
is
a
provider
of
advanced
software
solutions,
which
dramatically
increase
design
productivity.
For
the
six
months
ended
5/31/01,
revenues
fell
23%
to
$1.2
million.
Net
loss
from
continuing
operations
fell
68%
to
$3.2
million.
Revenues
reflect
the
effects
of
a
slowing
economy
and
the
three
to
nine
months
sales
cycle.
Lower
loss
reflects
decreased
headcount
and
lower
fees
for
professional
services
as
well
as
the
gain
on
the
sale
of
investments. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Michael Carroll, 57 Chairman,
Pres, CEO | $301K | -- | John Walsh, 57 VP
Operations, EDA Division | 161K | -- | Douglas Klint, 50 VP,
Bus. Devel. | 217K | $123K | Dollar amounts are as of 31-Dec-2000 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
|
|