BNET Industries

Market Cap:$10.5M
Last Fiscal Year Sales:$124.3M
  • Public
  • US
Dow Jones Description

As Carrier Ethernet continues to increase its influence on networks and industry standards, Soapstone Networks delivers a key element in the deployment of Ethernet services. Soapstone Networks helps service providers and enterprises connect their physical transport infrastructure to Next-Generation Network (NGN) software frameworks. The Soapstone Networks software control plane solution decouples service provisioning from the underlying network technology, allowing customers to deploy heterogeneous networks and evolve their network and service offerings independently. Soapstone Networks takes advantage of the experience and knowledge gained through its core router business, Avici Systems to deliver proven carrier-hardened software to partners and customers around the world.

President & CEO
William Leighton
Number of Employees 100
Contact Information

1 Federal St

Billerica, Massachusetts 01821

soapstonenetwor...

(978) 715-2300

NAICS Code Other Computer Peripheral Equipment Manufacturing: 334119

Recent Events

  • Extreme Lathers Up Soapstone Plans

    8/15/09 - Merger / Acquisition - View Story

  • Soapstone CTO departs following product launch

    7/30/09 - Mgmt. Change Leaving - CTO or CIO - View Story

  • Don't Pick Up the Soapstone

    7/30/09 - Stock Split / Dividend - View Story

News & Analysis

avici systems and router - All News and Analysis

Decision Makers

Name (plus bio) Position
William Leighton President & CEO
Larry Dennison Founder & Cto
Paul F. Brauneis Senior Vice President, Finance, Administration, CFO
T.S. Ramesh Principal Accounting Officer, Vice President, Finance, Interim CFO, Treasurer & Secretary
William J. Stuart CFO, Senior Vice President, Finance & Admin
Chris Gunner Senior Vice President, Res
Inna Vyadro Director, Ir
Mike Gordon Team Member
Robert P. Schechter Developer
Richard T. Liebhaber Director
William Ingram Director
James R. Swartz Lead Investor

Board of Directors

Name (plus bio) Position
Surya R. Panditi Chairman

Dr. Bill Leighton has over 25 years of telecommunications senior management experience spanning research, engineering and business unit management. Dr. Leighton worked at AT&T in a variety of roles over the last 28 years, most recently as Vice President of Research at AT&T Labs where he led the team responsible for AT&T's core and directed research program. Prior to that, he was the Vice President of Technology and Services Strategy at AT&T Labs and ran AT&T's Security Services business unit. Dr. Leighton holds an MSE and PhD in Electrical Engineering from Princeton University. He also completed an Advanced Management Program at Harvard Business School.

Organization Position Status
Soapstone Networks, Inc. President & CEO Current
Soapstone Networks, Inc. Board of Directors Current
AT&T Labs Vice President of Research Former
AT&T Inc. Former
Princeton University Ph.D. In Electrical Engineering Former
Princeton University M.S.E and Ph Former

Organization Position Status
Soapstone Networks, Inc. Founder & Cto Current

Organization Position Status
Soapstone Networks, Inc. Senior Vice President, Finance, Administration, CFO Current
Sycamore Networks, Inc. Vice President, Finance and Administration, Treasurer & Chief Financal Officer Current
BBN Corporation Vice President Former
BBN Corporation Corporate Controller Former

Mr. Daly serves as Vice President overseeing Soapstone Networks engineering development. Mr. Daly brings over 17 years of experience in networking and high tech industries. Daly leads the Engineering team in defining and developing emerging provisioning software for communications services, providers and carriers. Daly previously worked at Digital Equipment Corporation in the Networks and Communications Group, Acopia Networks and Avici Systems. He holds 10 U.S. Patents, has published several technical papers and is a member on the IEEE 802.1 Internetworking Group. Mr. Daly received his PhD from University College in Dublin, Ireland.

Organization Position Status
Soapstone Networks, Inc. Principal Accounting Officer, Vice President, Finance, Interim CFO, Treasurer & Secretary Current

Mr. Stuart joined Avici Systems in September 2006 with a two-decade record of achievement and broad-based financial experience in the telecommunications equipment and software industries. Prior to that, Mr. Stuart served as a general partner at Still River Funds, a venture capital organization focused on investments in the information technology, communications and life sciences industries. Mr. Stuart had previously held the position of vice president of business development for ADC Telecommunications. Prior to that Mr. Stuart held CFO and VP level positions at NetCore Systems, Telco Systems, AccessLine Technologies and AT&T Paradyne. Mr. Stuart received an MBA from Northeastern University and a BA from Boston College.

Organization Position Status
Soapstone Networks, Inc. CFO, Senior Vice President, Finance & Admin Current
Still River Fund General Partner Current
Combrio, Inc. General Partner, Still River Fund Current
Xelor Software, Inc. Board Member Current
Cognitronics Corporation Board of Directors Current
Combrio, Inc. Board Member Current
ADC Telecommunications, Inc. Vice President of Business Development Former
AT&T Inc. Management Position Former
Prime Computer, Inc. Management Position Former
Paradyne Networks, Inc. Management Position Former
Northeastern University MBA Former
Boston College BA Former
Cognitronics Corporation member Former

Organization Position Status
Active Broadband Networks Inc Chief Technical Officer & Vice President Engineering Current
Soapstone Networks, Inc. Senior Vice President, Res Current
Digital, Inc. Former
Polytechnic Inc PhD In Biomechanical Engineering Former
University of Southampton Degree Former

Organization Position Status
Soapstone Networks, Inc. Director, Ir Current

Mike Gordon was a founder of Meritech in 1999 and currently focuses on the communications equipment and service provider and semiconductor sectors. He has been directly involved with Airgo Networks, BigBand Networks, Calix Networks, Commverge Solutions, FiberTower, Integrated Solutions, Omneon Networks, TeleAtlas NV, Visto Corporation, Vonage Holdings Corporation. Mike joined Meritech Capital Partners from Deutsche Banc Alex. Brown where he was a Managing Director and Senior Research Analyst and focused on companies in the communications, networking, wireless data, semiconductor and service provider segments. Mike was the research analyst during the equity financings of Ciena Corporation, Broadcom Corporation, and JDS Uniphase Corporation and was recognized as a two-time Wall Street Journal All Star Analyst. Prior to joining Deutsche Banc Alex. Brown, Mike worked at Montgomery Securities and Salomon Brothers. He holds a B.A. in Economics and Public Policy from Stanford University.

Organization Position Status
Meritech Capital Partners Managing Director Current
Soapstone Networks, Inc. Team Member Current
Corvis Corporation Team Member Current
Airgo Networks, Inc. Board Observer Current
Vonage Holdings Corporation Board Observer Current
Movaz Networks Board Observer Current
Tele Atlas NV Board Observer Current
Visto Corporation Board Observer Current
BigBand Networks, Inc. Board Observer Current
Deutsche Bank Alex. Brown Incorporated Managing Director Former
Meritech Inc. Founder Former
Meritech Capital Partners Founder Former
Deutsche Bank Alex. Brown Incorporated Senior Research Analyst Former
Montgomery Securities Analyst Former
Broadcom Corporation Research Analyst Former
JDS Uniphase Corporation Analyst Former
Ciena Corporation Analyst Former
Salomon Brothers Analyst Former
Stanford University B.A. In Economics and Public Policy Former

Organization Position Status
Naturalmicrosystems.Com CEO Current
NMS Communications Corporation President Current
Moldflow Corporation Corporate Director Current
Moldflow Corporation developer Current
Soapstone Networks, Inc. Developer Current
NMS Communications Corporation Chairman Current
Unica Corporation Chair Current
Boston Children's Museum Board of Directors Current
Infinium Software Board of Directors Current
Moldflow Corporation Board of Directors Current
Unica Corporation Board of Directors Current
Soapstone Networks, Inc. Board of Directors Current
Massachusetts Telecommunications Council Board of Directors Current
Circles, Inc. Board of Directors Current
International Business Group Chief Financial Officer Former
International Business Group Senior Vice President of Finance and Operations Former
PricewaterhouseCoopers partner Former
Cooper's Inc. Partner Former
Lotus Development Corporation senior executive Former
Wharton Graduate School of the University of Pennsylvania MBA Former
Wharton Graduate School of the University of Pennsylvania Degrees Former
Rensselaer Polytechnic Institute Degrees Former

Organization Position Status
Soapstone Networks, Inc. Chairman Current
Soapstone Networks, Inc. Chairman Former

Richard T. Liebhaber has served as a Director since June 1997. Mr. Liebhaber was a Consulting Managing Director at Veronis, Suhler & Associates, Inc., a provider of financial advisory services to the communications industry, from June 1995 to August 2001. Prior to that, Mr. Liebhaber served as Executive Vice President of MCI Communications Corporation, a telecommunications provider, from December 1985 to May 1995. Mr. Liebhaber also serves on the board of directors of ILOG S.A., a software company, JDS Uniphase Corporation, a provider of optical communications products, and Cogent Communications, Inc., an internet service provider.

Organization Position Status
ILOG S.A. Board of Directors Current
JDS Uniphase Corporation Board of Directors Current
Cogentcommunications.Com Board of Directors Current
Soapstone Networks, Inc. Director Current
Ilog, Inc. Board of Directors Current
MCI Communications Corporation Executive Vice President Former
New York University Bsee Former

Organization Position Status
Leap Wireless International, Inc. Senior Vice President, Strategy Current
AudioCodes Ltd. Vice President Current
Soapstone Networks, Inc. Director Current
Xsprada Corporation Board of Directors Current
Pacific Communication Sciences, Inc. Chief Operating Officer Former
Nuera Communications Inc. Chief Executive Officer Former
Nuera Communications Inc. President Former
Harvard Business School Master's degree Former
Stanford University Master's Former
Stanford University Undergraduate Degree Former
Harvard University Degree Former

Organization Position Status
Accel Partners Founder Current
Leapstone Systems, Inc. Current
Metratech Corp Chairman Current
The Christian Center of Park City Chairman Current
Pacific Community Ventures Board Advisor Current
2Wire, Inc. Director Current
Riverbed Technology, Inc. Director Current
Telera Director Current
PCV Investment Partners Director Current
Uv Partners Board of Directors Current
GEN3 Partners, Inc. Director Current
Mazu Networks, Inc. Board of Directors Current
Fast Forward, Ltd. Director Current
Montagu Newhall Associates, Inc. Advisory Board Member Current
PictureTel Director Current
Ungermann-Bass Director Current
Medical Care America, Inc. Director Current
InGenuity Systems, Inc. Director Current
Inktomi Corporation Director Current
Transera Communications Inc Board of Directors Current
Informix Director Current
Polycom, Inc. Lead Investor Current
Netopia, Inc. Lead Investor Current
Accel Partners Investor Current
Soapstone Networks, Inc. Lead Investor Current
First Virtual Communications Lead Investor Current
PictureTel Lead Investor Current
Remedy Service Lead Investor Current
Medical Care America, Inc. Lead Investor Current
Ungermann-Bass Lead Investor Current
New York Venture Capital Forum President Former
Citicorp Venture Capital, Ltd. Vice President Former
Adler & Company, Inc. General Partner Former
Accel Partners General Partner Former
Citicorp Venture Capital, Ltd. Management Consultant Former
BMC Software, Inc. Former
Remedy Corporation Former
Broadband Technologies Inc. Former
First Virtual Communications Director Former
Netopia, Inc. Director Former
Remedy Service Director Former
Polycom, Inc. Director Former
The Christian Center of Park City Board Member Former
New York Venture Capital Forum Director Former
RGB Networks Director Former
Soapstone Networks, Inc. Director Former
Carnegie Mellon University Doctorate Former
Carnegie Mellon University M.S. In Industrial Administration Former
Harvard University B.S. Degree Former
Harvard University Graduate Former
Pacific Community Ventures Member Former
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     SOAP $0.69 0.00 (0.00% )
Average Volume 38,846
Shares Outstanding 14.87M
Market Cap 10.3M
Year High 4.26
Year Low 0.41
Earnings Per Share -1.84
P/E Ratio -0.37
Dividend N/A
Yield N/A
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