About us
Background
- 2000 new corporate strategy
- 2001 became Forgent, new management team announced
- Fall 2001 launched VNP software
- Spring 2002 sold first IP license, purchased GSS
Strong income statement and balance sheet as of 3Q02 ending 04/30/02
- On record profits, earned $8.6 million or $0.34 per share
- More than $15M in cash and securities
- No cash burn, 8 consecutive quarters of improved earnings
- No debt or preferred stock; 25M shares outstanding
Experienced management team
- Chairman/CEO – Richard Snyder
- CFO – Jay Peterson
- CTO/VP Development – Ken Kalinoski