Verso Technologies, Inc.

News and overview for Verso Technologies, Inc.

GT Solar Announces CEO Transition as Tom Gutierrez Succeeds Tom Zarrella; Releases Preliminary Results for Second Quarter Fiscal Year 2010 [Press Release]
Business Wire | 19 days 11 hours 36 minutes ago
GT Solar International, Inc. (NASDAQ: SOLR), a global provider of specialized production equipment, process technology and turnkey manufacturing services for the solar power industry, today announced a chief executive officer transition: Tom Gutierrez has been elected president, chief executive officer and a member of the board of directors, succeeding Tom Zarrella, who served as GT Solar President, CEO and a director since 2007 and in a senior management role since 2004. The changes were eff...


Texas Petrochemicals Announces Appointment of Chairman and Two New Directors [Press Release]
PRNewswire | 53 days 14 hours 33 minutes ago
...Minerals International, Inc., a producer of salt...for Borden Chemical, Inc., a diversified chemical...Management and a director of Verso Paper Corp., and he...United Agri Products, Inc. Mr. Ducey has a B...President and CEO of McWhorter Technologies and spent seventeen years...


Light Reading - Video - Appear TV Deployed in Croatia - Telecom News Wire
Light Reading | 31 days 9 hours 30 minutes ago
OSLO, Norway -- Appear TV, a global provider of next-generation head-ends for broadcast and IP television, today announced the successful deployment of its SC2000 IP Streamer as part of Croatian broadband operator Iskon Internet d.d's new MPEG4 DSL platform. The project, delivered with Verso, a leading Croatian systems integrator, helped create the infrastructure for its new Iskon.TV IPTV service.





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Company Overview


Company: Verso Technologies, Inc.
Industry: Telecommunications Equipment
Website: http://www.verso.com

Verso Technologies is a firm believer in the power of versatility. The company provides networking hardware, software, and services to telecom service providers and enterprises. Its products -- which include network gateways, softswitches, and provisioning and billing systems -- provide bandwidth optimization, call accounting, content filtering, integrated acccess routing, prepaid service delivery, satellite-based communications, voice-over-IP (VoIP) deployment, GSM cellular systems, and Web reporting. The company's Outsourcing Group offers outsourced technical application services and installation. Verso filed for Chapter 11 bankruptcy protection in 2008.


Key Numbers

Sales in U.S. Dollars (mil.) 50.6 (2007)
One-year % Growth in Sales 19.1 (2007)
Net Income in U.S. Dollars (mil.) -27 (2007)
One-year % Growth in Net Income 0.0 (2007)
Number of Employees 261 (2007)
One-year % Growth in Number of Employees 11.5 (2007)
Fiscal Year-End December