| Business Summary | | Vitria
Technology,
Inc.
is
a
provider
of
e-business
infrastructure
software.
The
Company's
product,
BusinessWare,
provides
the
infrastructure
that
enables
incompatible
information
technology
(IT)
systems
to
exchange
information
over
corporate
networks
and
the
Internet.
BusinessWare
enables
this
exchange
to
take
place
automatically,
without
human
intervention.
This
eliminates
manual
entry
of
information
into
multiple
IT
systems,
and
eliminates
the
need
to
manually
exchange
information
with
customers
and
business
partners
using
phone,
facsimile
or
mail.
BusinessWare
is
designed
to
provide
business
managers
with
a
software
infrastructure
that
gives
them
complete
control
and
visibility
of
their
business
operations,
enabling
them
to
reduce
time
to
market,
rapidly
respond
to
change
and
manage
the
growing
complexity
of
business
interactions
with
partners
and
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Vitria
Technology,
Inc.
is
a
provider
of
eBusiness
infrastructure
software
that
enables
incompatible
information
technology
systems
to
exchange
information
over
corporate
networks
and
the
Internet.
For
the
six
months
ended
6/30/01,
total
revenues
rose
33%
to
$69.7
million.
Net
loss
totaled
$23.9
million,
up
from
$1.8
million.
Results
reflect
increased
services
revenue
due
to
the
addition
of
new
customers,
offset
by
increased
personnel
and
acquired
R&D
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| JoMei Chang, Ph.D., 48 Pres,
CEO | $481K | -- | Paul Auvil III, 37 CFO,
VP-Fin. | 245K | $650K | John Wheeler Exec. VP, Worldwide Operations | -- | -- | Mark Hill, 40 Sr.
VP of Marketing and Bus. Devel. | -- | -- | Karen Cottle, 51 VP,
Gen. Counsel, Sec. | -- | -- | 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
|
|