BNET Industries

Last Fiscal Year Sales:$20.6M
  • Public
  • US
Dow Jones Description

We are a provider of On-Demand Supply Management solutions to companies ranging in size from mid-market to the Global 2000. We provide a full scope of Supply Management software, services, and domain expertise in areas that include: Program Management, Spend Analysis, eSourcing, Contract Management, and Supplier Performance Management. Our solutions provide our clients with the visibility, insight and control required to identify, realize, and sustain value from supply management initiatives. Our software customers license our software pursuant to either a perpetual license or a time-based license. Our software is licensed by module, with our customers selecting from modules that include: Spend Manager, Program Manager, Negotiation Manager, Contract Manager, and Performance Manager. Verticalnet employs technical consultants to provide project management and training during software implementation. In addition to traditional software installation, training, and Application Service Provider (ASP) hosting, Verticalnet offers the majority of its software products in an On-Demand delivery model. On-Demand delivery enables our customers to pay a single annual fee that includes software license, maintenance, application hosting, and customer/community support. The Company believes that its On-Demand delivery model mitigates the software implementation costs for its customers, and reduces the obstacles to a successful supply management initiative. ...

President and CEO
Nathanael V. Lentz
Number of Employees 136
Contact Information

400 Chester Field Pkwy

Malvern, Pennsylvania 19355

verticalnet.com

1 610 407 3500

NAICS Code Software Publishers: 511210

News & Analysis

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Decision Makers

Name (plus bio) Position
Nathanael V. Lentz President and CEO
Gene S. Godick Executive Vice President, CFO
Jonathan T. Cohen Verticalnet's Vice President and Chief Accounting Officer
Brent Habig Executive Vice President of Sales and Consulting
Orville A. Bailey Executive Vice President, Corp Strategy & Business Development
Jeffrey P. Ryan Senior Vice President, Advanced Sourcing
John H. McNeill Senior Vice President, Sales
Tony S. Ward Senior Vice President, Strategic Accounts
Christopher Kuhn Vice President, General Counsel and Secretary
Larry Fournier Vice President, Worldwide Marketing
Michael J. Hagan co-founder
Adam Cheyer Director of the Advanced Products and Research Group
Brian L. Cupp Senior Director, Development
David H. Kaplan Senior Director, Marketing
Jim Wetekamp Senior Director, Prod Management
Paddy Lawton
Tom Shipp
Robert F. Bernstock Director

Board of Directors

Name (plus bio) Position
Vincent J. Milano Chairman
Darryl E. Wash Board of Directors
George Schott Gregory Board of Directors
Jeffrey C. Ballowe Board of Directors
John N. Nickolas Board of Directors
Lane Mercer Board of Directors
Lawson Mark Board of Directors
Mark L. Walsh Board of Directors
Walter W. Buckley III Board of Directors

Organization Position Status
Verticalnet, Inc. President and CEO Current
Osage Investments, Inc. Managing Partner Current
Carnegie Speech Board of Directors Current
Hardmetrics, Inc Board of Directors Current
Verticalnet, Inc. Board of Directors Current
Mercer Management Consulting, Inc. Vice President Former
Cmc Industries Vice President of Strategic Development Former
Mercer Management Consulting, Inc. Partner Former
Stanford University M.B.A. Former
Brown University B.A. Former
Stanford Graduate School of Business Former

Organization Position Status
Verticalnet, Inc. Executive Vice President, CFO Current
Verticalnet, Inc. CFO & Executive Vice President Current

Jonathan T. Cohen has served as Verticalnet's Vice President and Chief Accounting Officer since December 2006. From 2003 through 2006 he was Controller of the Company. As Chief Accounting Officer, Mr. Cohen is primarily responsible for Verticalnet's accounting operations and financial reporting. Mr. Cohen has held senior accounting positions at both publicly traded and privately held companies. Prior to joining Verticalnet, Mr. Cohen was retained by Constar International to assist them during and after their initial public offering and subsequent SEC filings. From 2000 until 2001, Mr. Cohen was a manager with Deloitte & Touche Emerging Growth practice, which provided consulting services for emerging growth technology companies. Prior to this time Mr. Cohen was Corporate Controller of Wilmar Industries, Inc. a publicly traded national distributor of repair and maintenance products to the multi-family industry, where he was responsible for the accounting operations and financial reporting. In addition, Mr. Cohen was a member of the Acquisition/Integration team where he primarily responsible for the financial due diligence and subsequent accounting integration of fifteen acquisitions. Mr. Cohen has also served as an auditor with the accounting firm Fishbein and Company, P.C. Mr. Cohen is a Certified Public Accountant in the Commonwealth of Pennsylvania. He received his bachelor's degree from Hartwick College and an MBA with a concentration in Finance from LaSalle University.

Organization Position Status
Verticalnet, Inc. Verticalnet's Vice President and Chief Accounting Officer Current
Verticalnet, Inc. Controller Former
Wilmar Industries, Inc. Corporate Controller Former
Fishbein & Company Auditor Former
La Salle University Mba With A Concentration In Finance Former
Hartwick College Bachelor's Degree Former

Brent W. Habig joined Verticalnet in January 2004 as part of the merger with Tigris Corp. Mr. Habig founded Tigris in 1996 and built Tigris into an industry-leading organization with Fortune 500 clients, global reach, and a dramatic and sustainable growth rate. A recognized thought leader in supply chain management, data management and advanced technology, Mr. Habig is a frequent media commentator on such issues, and speaks often at industry events. In February 2004, Mr. Habig was named a 'Pro to Know' by Supply & Demand Chain Executive Magazine. Mr. Habig is responsible for Verticalnet's Sales and Consulting operations. Prior to founding Tigris, Mr. Habig built and led a specialized technology group to support Bristol-Myers Squibb's global Strategic Sourcing Initiative, which delivered cost-savings of over $600 million dollars annually. Mr. Habig graduated from Oberlin College with a degree in Chinese Literature and Piano Performance and a concentration in Biochemistry. He is a member of Phi Beta Kappa. He also researched medical anthropology and lived in China for several years, in part through the esteemed Thomas J. Watson Fellowship. Mr. Habig is fluent in Mandarin Chinese

Organization Position Status
Verticalnet, Inc. Executive Vice President of Sales and Consulting Current
Phi Beta Kappa Member Current
Oberlin College degree in Chinese Literature and Piano Performance Former

Organization Position Status
Verticalnet, Inc. Executive Vice President, Corp Strategy & Business Development Current

Organization Position Status
Verticalnet, Inc. Senior Vice President, Advanced Sourcing Current
Sterling Drug Former
Rensselaer Polytechnic Institute Masters Degree in Operations Research and Statistics Former
Le Moyne College Bachelor's Degree in Mathematics, Management, Computer Science Former

Organization Position Status
Verticalnet, Inc. Senior Vice President, Sales Current
International Business Machines Corporation Former
Georgia Institute of Technology B.S. in Mechanical Engineering Former

Organization Position Status
Verticalnet, Inc. Senior Vice President, Strategic Accounts Current

Christopher G. Kuhn has served as our Vice President, General Counsel and Secretary since October 2002. From December 1998 through February 2000 he was General Counsel of the Company. From February 2000 through October 2002, he was Verticalnet's Vice President of Legal Affairs and Assistant Secretary. Prior to joining Verticalnet, he was an attorney with the law firm of Silberman & DiFilippo from 1989 to 1998, where he practiced general business law, including commercial transactions, acquisitions and insolvency law. Prior to 1989, he was an associate and partner at the law firm of Pincus, Verlin, Hahn, Reich & Weinberg. Mr. Kuhn received a B.A. from West Chester State College and a J.D. from the Delaware Law School.

Organization Position Status
Verticalnet, Inc. Vice President, General Counsel and Secretary Current
Legal Affairs Verticalnet S Vice President Former
Verticalnet, Inc. General Counsel Former
Delaware Law School.Com J.D. Former

Organization Position Status
Verticalnet, Inc. Vice President, Worldwide Marketing Current
Progress Software Corporation Former
Applix, Inc. Former

Organization Position Status
NutriSystem, Inc. President & CEO Current
Verticalnet, Inc. co-founder Current
NutriSystem, Inc. Chairman Current
Phillystocks.Com Chairman Current
Verticalnet, Inc. Board of Directors Current
American Financial Realty Trust Board of Directors Current
Internet Capital Group, Inc. Board of Directors Current
Verticalnet, Inc. President and CEO Former
Verticalnet, Inc. Executive Vice President & COO Former
Verticalnet, Inc. Senior Vice President Former
Merrill Lynch & Co., Inc. Vice President & Senior Manager, Merrill Lynch Asset Management Former
Bristol-Myers Squibb Company Executive Former
Verticalnet, Inc. Chairman Former
St. Joseph's University B.S. Former

Organization Position Status
Cim Engineering, Inc. Vice President of Engineering, Dejima Current
Siri Company Ltd. Vice President Current
Siri Company Ltd. Founder Current
Verticalnet, Inc. Director of the Advanced Products and Research Group Current
The Bootstrap Institute and Associates Current
Cheyer Board of Directors Current
Verticalnet, Inc. Vice President of Engineering Former
Brandeis University Bachelor's Degree Former
Brandeis University Degrees In Artificial Intelligence Former
University of California, Los Angeles Degrees In Artificial Intelligence Former

Organization Position Status
Verticalnet, Inc. Senior Director, Development Current
Verticalnet, Inc. Senior Director, Development Former

Organization Position Status
Verticalnet, Inc. Senior Director, Marketing Current
Verticalnet, Inc. Senior Director, Marketing Former

Organization Position Status
Verticalnet, Inc. Senior Director, Prod Management Current
Verticalnet, Inc. Senior Director, Prod Management Former
International Business Machines Corporation Former
Indiana University B.S. in accounting Former

Organization Position Status
Verticalnet, Inc. Current
Deloitte Touche Tohmatsu Former
International Business Machines Corporation Former

Tom Shipp joined Kaliff Insurance in late 2002 as Director of the Fairs and Festivals division of the agency. With over 18 years sales and marketing experience consulting on strategy and marketing issues with companies such as VerticalNet, ESchool Solutions and Comalex, Tom is known for his protection of and dedication to, his clients. He has specific knowledge in policies that include General Liability, Liquor Liability, Directors and Officers Liability, as well as Weather and Auto coverage. Any questions regarding Fair and Festival coverages should be directed to Tom.

Organization Position Status
Verticalnet, Inc. Current
Comalex, Inc Current
Eschool Solutions, Inc. Current

Organization Position Status
Phillystocks.Com President, Chief Executive Officer and Member of the Board of Directors Current
ViroPharma Incorporated President, Chief Executive Officer and Member of The Board of Directors Current
Forensic Accounting Consultants, P.C Audit Partner and Certified Public Accountant Current
ViroPharma Incorporated Executive Officer Current
ViroPharma Incorporated Chief Financial Officer Former
ViroPharma Incorporated Vice President, Finance & Administration Former
Verticalnet, Inc. Board of Directors Former
The University of Texas at Austin Bachelors of Business Administration Former

Organization Position Status
Ascend Ventures Group, LLC Managing Partner Current
Sagemetrics Corp Director Current
Verticalnet, Inc. Board of Directors Current
Platform Learning, Inc. Director Current
Peter J. Solomon Company Managing Director Former
Ascend Venture Group, LLC Founder Former
Ascend Founder Former
Ascend Venture Group, LLC Managing Partner Former
The Goldman Sachs Group, Inc. * Former
Stanford University MBA Former
University of California, Berkeley B.A. In Economics Former
University of California Bachelor of Arts degree in Economics Former

Organization Position Status
Verticalnet, Inc. Board of Directors Current

Organization Position Status
Electronic Literature Co-Founder Current
Goldmail, Inc. Board of Directors Current
Verticalnet, Inc. Board of Directors Current
Onvia Inc. Board of Directors Current
Lawrence University Board of Directors Current
ZDNet, Inc. President, Ziff-Davis Interactive Former
Ziff Davis Media Inc. President of the Interactive Media and Development Group Former
Electronic Literature President Former
Internet Capital Group, Inc. Member, ICG Advisory Board Former
University of Chicago MBA Former
Lawrence University BA Former
University of Chicago Bachelor's Degree Former

Organization Position Status
Verticalnet, Inc. Board of Directors Current
Safeguard.Com Former

Organization Position Status
Verticalnet, Inc. Board of Directors Current

Organization Position Status
Verticalnet, Inc. Board of Directors Current

Mark Walsh is the CEO and President of VerticalNet (Nasdaq: VERT), the Internet's leading creator and operator of vertical trade communities. Prior to VerticalNet, Mark was a senior VP and corporate officer at America Online. At AOL he ran AOL Enterprise, AOL's business-to-business group. Prior to AOL, Mark was President of GEnie, GE's online service.

Organization Position Status
Crash Marketing & Media CEO, Verticalnet Current
Rock Ridge Ventures Investment Partner Current
Mobile Posse, Inc. Head Current
The Asset Store, LLC Principal Current
Dingman Center for Entrepreneurship Smith Senior Fellow Current
Laszlo Systems, Inc. Current
Mobile Posse, Inc. Board of Directors Current
Knowledge Dialogue Board of Directors Current
Crash Marketing & Media Board of Directors Current
Verticalnet, Inc. Board of Directors Current
Sensics, Inc Board of Directors Current
The Asset Store, LLC Board of Directors Current
Day Software, Inc. Board of Directors Current
Verical Incorporated Board of Directors Current
Transactis Board of Directors Current
University of Maryland Senior Fellow Current
Air America Radio CEO Former
Verticalnet, Inc. CEO Current
Democratic National Committee Chief Technology Advisor Former
Verticalnet, Inc. President Current
Verticalnet, Inc. Chief Strategy Officer Former
Air America Radio Co-founder Former
Union College Trustee Former
U.S. Chamber of Commerce Former
Home Box Office Inc. Former
IN2BOOKS Director Former
Union College MBA Former
Harvard Business School MBA Former
Verticalnet, Inc. Chairman Current

Organization Position Status
Securesheet Technologies, LLC. Chief Executive Officer Current
Scotts Miracle-Gro Company Chief Operating Officer Current
Securesheet Technologies, LLC. Chairman of the Board Current
Nutrisystems,Inc. Director Current
Pro Musica Board of Directors Current
Columbus Chamber of Commerce Board of Directors Current
The Pantry, Inc. Board Member Current
Biovid Corp Board Member Current
Phillystocks.Com Director Current
Verticalnet, Inc. Director Current
Research Triangle Regional Partnership Director Current
The Dial Corporation Senior Vice President and General Manager Former
Campbell Soup Company Senior Executive Former
The Dial Corporation Consultant Former
Verticalnet, Inc. Consultant Former
Verticalnet, Inc. Consultant To the Chairman Former
Harvard Business School MBA degree Former
Hamilton College Former

Organization Position Status
Verticalnet, Inc. Board of Directors Current
OneCoast Network Corporation Board of Directors Current
The University of North Carolina at Chapel Hill Bachelor of Arts Degree Former

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