BNET Industries

Market Cap:$192.0M
Last Fiscal Year Sales:$201.8M
  • Public
  • US
Dow Jones Description

We are a leading developer, manufacturer and marketer of digital video systems and services including the management, aggregation, licensing, storage, and distribution of video, television, gaming and advertisement content to cable system operators, telecommunications companies and broadcast television companies. Until the end of fiscal 2008, the Company was managed and operated as three segments, Broadcast, Broadband and Services. In its first quarter of fiscal 2009, the Company realigned its previously reported segments into three new reporting segments: Software, Servers and Storage, and Media Services as segments defined by SFAS No. 131 , Disclosure about Segments of an Enterprise and Related Information . The Company believes this reorganization better reflects the increasing importance and magnitude of its software products and services as well as the scale of its ODG subsidiary. A description of the three new reporting segments is as follows: Software segment includes product revenues from the Companys Advertising, VOD, Middleware and Broadcast software, related services such as professional services, installation, training, project management, product maintenance, technical support and software development for those software products, and operating expenses relating to the Software segment such as research and development, selling and marketing and amortization of intangibles. ...

Board of Directors
Mary Palermo Cotton
Number of Employees 1,046
Contact Information

50 Nagog Park

Acton, Massachusetts 01720-3409

seachangeintern...

(978) 897-0100

NAICS Code Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: 334220

Recent Events

  • VividLogic to be acquired for $12M

    1/07/10 - Merger / Acquisition - View Story

  • SeaChange SEAC Reports Solid Q3 Results; Guides Q4, FY11

    12/02/09 - Financial Announcement - View Story

  • TiVo Coming to Virgin's Non-DVRs, Too

    11/28/09 - Joint Venture / Alliance - View Story

  • Comcast Web TV Trial: 10,000 Being Served

    10/28/09 - Product Announcement - View Story

  • SeaChange to Unveil Products at Cable-Tec Expo to Enable Content Delivery Networks

    10/20/09 - Product Announcement - View Story

  • SeaChange's VOD Content Subsidiary, On Demand Group, Launches VOD Processing/Production Facility

    10/08/09 - Product Announcement - View Story

  • SeaChange Incorporates Jinni's Search-and-Recommendation Engine into its VOD Platform

    10/08/09 - Product Announcement - View Story

  • SeaChange Demos Jinni-Powered VOD Discovery and Navigation for TV's, PC's and Mobile Devices at IBC...

    9/13/09 - Product Announcement - View Story

  • SeaChange names FalconStor CEO to board

    9/03/09 - Board Member - Entering - View Story

  • SeaChange International Announces Second Quarter Fiscal 2010 Results

    9/01/09 - Financial Announcement - View Story

  • SeaChange International Announces First Quarter Fiscal 2010 Results

    6/04/09 - Financial Announcement - View Story

News & Analysis

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cable and seachange international inc. and server - All News and Analysis

Decision Makers

Name (plus bio) Position
Ralph Rondinone Vice President, Operations
Steve Davi Senior Vice President,Engineering
William C. Styslinger Founder
Edward Dunbar President and COO
Kevin Bisson Senior Vice President, Finance and Administration, Cfo and Treasurer
Simon McGrath Chief Marketing Officer
Yvette Gordon-Kanouff Chief Strategy Officer
Yvette Kanouff Chief Strategy Officer
Andrew Thomas Birchall Senior Vice President
Anthony William Kelly Senior Vice President
Bruce E Mann Vice President, Network Storage Engineering
Ira Goldfarb Senior Vice President Worldwide Sales
Alan Hoff Vice President of Product Marketing
Branco Gerovac Vice President, Res
Branko J Gerovac Vice President, Research
Chris West Vice President, Broadcast
David Kendler Vice President of Storage Strategy
John Pittas Vice President, Brdcst Products Engineering
Les Kock Vice President, HR
Maria Duquette Vice President, Customer Services
Michael Hunsicker Vice President, Sales, North American & Advertising, Broadcasting & Hospitality Products
Ronald J. Ham Vice President, Advertising Sys Engineering
Scott Blais Vice President, Customer Services
Simone Sassoli Vice President and General Manager, Global Telecoms and Middleware
Thomas Kracz Vice President, Professional Services
Tom Rosenstein Vice President, Business Dev
Yefim Nivoro Vice President, Sales, Latin America
Yvette Gordon Vice President of Seachange International's Intera
Bill Carleton Director, Sales
Bill Thompson Director, Product Marketing
Jim Sheehan Director, Public Rel
John Coulbourn Director, Communications
Joseph Ambeault Director, IP Video Sys
Terri Swartz Director, Advanced Adv
Vikas Anand Business Manager
Jon Gebarowski Webmaster
Martha Schaefer
Rick Hamilton
Carmine Vona Director
Thomas F. Olson Director

Board of Directors

Name (plus bio) Position
Mary Palermo Cotton Board of Directors
William L. Fiedler Board of Directors
Carlo Salvatori Board of Directors
Palermo Mary Board of Directors
Reijane Huai Board of Directors

Organization Position Status
iDirect Technologies Chief Executive Officer Current
SeaChange International, Inc. Board of Directors Current
Veritas Software Board of Directors Current
Frictionless Commerce Incorporated Chief Executive Officer Former
Aspen Technology, Inc. Executive Vice President and Chief Operating Officer Former
Aspen Co Chief Operating Officer Former
SAP AG Senior Vice President Former
Precise Software Solutions, Inc Board of Directors Former
Boston College Former

esponsible for worldwide customer service, manufacturing, quality, information technology and infrastructure. Rondinone brings over 20 years experience in customer service, manufacturing engineering, quality and operational responsibilities from start ups to public networking companies. Previously, he held executive level positions at SeaChange International, Lucent Technologies and Ascend Communications. He spent 13 years of his career at Digital Equipment Corporation where he worked in both the US and Europe in engineering and in manufacturing operations. Rondinone holds a B.S. Mechanical Engineering from Worcester Polytechnic Institute.

Organization Position Status
BigBand Networks, Inc. Senior Vice President, Global Operations Current
SeaChange International, Inc. Vice President, Operations Current
BigBand Networks, Inc. Senior Vice President, Manufacturing, Logistics and Quality Former

Organization Position Status
Digital Video Arts, Ltd Senior Vice President, Software Engineering Current
SeaChange International, Inc. Senior Vice President,Engineering Current
Sea Change, Inc. Senior Vice President, Software Engineering Former
Banyan Systems Former

William C. Styslinger, III, 63, is a founder of SeaChange and has served as the Chief Executive Officer and a Director since the inception of SeaChange in July 1993 and as Chairman of the Board since January 1995. He additionally served as President of the Company from inception through April 2009. Prior to forming SeaChange in 1993, Mr. Styslinger was employed at Digital Equipment Corporation since March 1978, most recently as manager of the Cable Television Business Unit from October 1991 to May 1993.

Organization Position Status
SeaChange International, Inc. Chief Executive Officer, Chairman of The Board and Director Current
SeaChange International, Inc. Founder Current

Organization Position Status
SeaChange International, Inc. President and COO Current
Comcast Spotlight Vice President of Corporate Integration Former

Kevin M. Bisson, 44, joined SeaChange on March 13, 2006 as the Senior Vice President, Finance and Administration, Secretary and Treasurer. Following the filing of SeaChange's Annual Report on Form 10-K for the year ended January 31, 2006, Mr. Bisson assumed the role of Chief Financial Officer. Prior to joining SeaChange, Mr. Bisson served from May 2003 until March 2006 as the Senior Vice President and Chief Financial Officer of American Superconductor Corporation, an energy technologies company, and was also the Treasurer of American Superconductor Corporation from January 2004 until March 2006. Prior to joining American Superconductor Corporation, Mr. Bisson served from 2000 to 2003 as Vice President, Controller and Treasurer for Axcelis Technologies, Inc., a semiconductor equipment manufacturing company.

Organization Position Status
SeaChange International, Inc. Senior Vice President, Finance and Administration, Cfo and Treasurer Current
Sea Change, Inc. Senior Vice President, Finance and Administration Current
Digital Video Arts, Ltd Chief Financial Officer, Treasurer, Secretary and Senior Vice President, Finance and Administration Current
American Superconductor Corporation Chief Financial Officer Former
American Superconductor Corporation Senior Vice President Former
Axcelis Technologies, Inc. Vice President Former
Microsemi Corporation Vice President Former
Microsemi Corporation General Manager Former
Axcelis Technologies, Inc. Controller Former
SeaChange International, Inc. Secretary Former
Axcelis Technologies, Inc. Treasurer Former
American Superconductor Corporation Treasurer Former
University of Virginia MBA degree Former
Boston College bachelor's degree in accounting Former
Northeastern University Bachelors of Science degree in Electrical Engineering Former

Organization Position Status
SeaChange International, Inc. Chief Marketing Officer Current

Organization Position Status
SeaChange International, Inc. Chief Financial Officer, Treasurer, Secretary and Vice President, Finance and Administration Current
SeaChange International, Inc. Board of Directors Current
SeaChange International, Inc. Senior Vice President, Finance Former

Organization Position Status
Wict Leadership Conference Chief Strategy Officer, Seachange International Current
SeaChange International, Inc. Chief Strategy Officer Current
SeaChange International, Inc. Senior Vice President, Strategic Planning Former
Full Service Network Engineering Director Former

Yvette Kanouff, 40, joined SeaChange in September 1997 and, since March 2006, has served as SeaChange's Chief Strategy Officer. Previously, Ms. Kanouff served from July 2005 to March 2006 as Senior Vice President, Strategic Planning and Business Development, and as Vice President, Interactive Television Management from August 2003 to July 2005. Prior to that, Mr. Kanouff served as Vice President, Technology from July 2001 to August 2003, and as Director, Interactive Technology from September 1997 to July 2001.

Organization Position Status
SeaChange International, Inc. Chief Strategy Officer Current
SeaChange International, Inc. Senior Vice President Strategic Pln Business Dvlp Former
Interactive Technology, Inc. Vice President, Technology Former
Interactive Technology, Inc. Director Former
SeaChange International, Inc. Board of Directors Former

Andrew Birchall, 61, has served as a Senior Vice President of SeaChange since September 2005, concurrent with SeaChange's acquisition of ODG. Mr. Birchall also serves as Chairman of ODG, a position he has held since October 2002. Mr. Birchall was a founder of ODG in 1995. Prior to founding ODG, Mr. Birchall served as Head of Acquisitions and Managing Director of The Movie Channel at British Satellite Broadcasting from March 1987 to November 1990. Prior to that, from September 1984 to February 1987, Mr. Birchall served as Chief Executive Officer of Premiere International, the first pay TV film channel in the UK.

Organization Position Status
Odg Senior Vice President Current
Digital Video Arts, Ltd Senior Vice President Current
Sea Change, Inc. Senior Vice President Current
SeaChange International, Inc. Senior Vice President Current
Odg Chairman Current
The Movie Channel Managing Director Former
Odg Founder Former

Anthony Kelly, 44, has served as Senior Vice President of SeaChange since September 2005, concurrent with SeaChange's acquisition of ODG. Mr. Kelly also serves as Chief Executive Officer of ODG, a position he has held since 1996. Prior to assuming the role of Chief Executive Officer of ODG, Mr. Kelly served as a director of the Lambie Nairn Group from May 1992 to December 1994 and as an executive at Video Networks Limited from December 1992 to April 1995. Prior to that, from July 1990 to April 1992, Mr. Kelly served as CEO of the Palace Group, a major UK independent film producer and distributor. Before joining Palace, Mr. Kelly was Head of Program Finance at British Satellite Broadcasting from 1987 to June 1990.

Organization Position Status
Odg Chief Executive Officer Current
SeaChange International, Inc. Senior Vice President Current
Digital Video Arts, Ltd Senior Vice President Current
Sea Change, Inc. Senior Vice President Current
Palace Group CEO Former
Odg Senior Vice President Former
The Palace Former

Bruce E. Mann joined SeaChange in September 1994 as Vice President, Network Storage Engineering. Mr. Mann is also President of SeaChange Systems, Inc., a subsidiary of SeaChange which develops and manufactures video server-based products. Prior to joining SeaChange, Mr. Mann served as Director of Engineering at Ungermann-Bass, Inc., a subsidiary of Tandem Computers Inc., from March 1993 to September 1994. Prior to that, from September 1976 to March 1993, Mr. Mann was an engineer at Digital Equipment Corporation, most recently as Senior Consulting Engineer.

Organization Position Status
Sea Change Systems, Inc. President Current
SeaChange International, Inc. Senior Vice President Network Storage Engneerg Current
Sea Change, Inc. Vice President, Network Storage Engineering Current
Digital Video Arts, Ltd Board of Directors Current
SeaChange International, Inc. Vice President, Network Storage Engineering Current
Ungermann-Bass Director of Engineering Former

Ira Goldfarb, 48, has served as Senior Vice President, Worldwide Sales since August 2003. Prior to that, Mr. Goldfarb served as Vice President, Worldwide Sales since January 1998, Vice President, U.S. Systems Sales from August 1997 to January 1998, as Vice President, Eastern Region from January 1997 to August 1997, and as Vice President, Central Region, from August 1994 to January 1997. Prior to joining SeaChange, Mr. Goldfarb held several sales management positions at Digital Equipment Corporation from September 1983 to July 1994.

Organization Position Status
SeaChange International, Inc. Senior Vice President Worldwide Sales Current

Organization Position Status
SeaChange International, Inc. Vice President of Product Marketing Current
SeaChange International, Inc. Senior Director Former

Organization Position Status
SeaChange International, Inc. Vice President, Res Current

Organization Position Status
SeaChange International, Inc. Vice President, Research Current

Organization Position Status
SeaChange International, Inc. Vice President, Broadcast Current

Organization Position Status
SeaChange International, Inc. Vice President of Storage Strategy Current

Organization Position Status
SeaChange International, Inc. Vice President, Brdcst Products Engineering Current

Organization Position Status
SeaChange International, Inc. Vice President, HR Current

Organization Position Status
SeaChange International, Inc. Vice President, Customer Services Current

Organization Position Status
SeaChange International, Inc. Vice President, Sales, North American & Advertising, Broadcasting & Hospitality Products Current

Organization Position Status
SeaChange International, Inc. Vice President, Advertising Sys Engineering Current

Organization Position Status
SeaChange International, Inc. Vice President, Customer Services Current

Organization Position Status
SeaChange International, Inc. Vice President and General Manager, Global Telecoms and Middleware Current

Organization Position Status
SeaChange International, Inc. Vice President, Professional Services Current

Organization Position Status
SeaChange International, Inc. Vice President, Business Dev Current

Organization Position Status
SeaChange International, Inc. Vice President, Sales, Latin America Current

Organization Position Status
SeaChange International, Inc. Vice President of Seachange International's Intera Current

Organization Position Status
SeaChange International, Inc. Director, Sales Current

Organization Position Status
SeaChange International, Inc. Director, Product Marketing Current

Organization Position Status
SeaChange International, Inc. Director, Public Rel Current

Organization Position Status
SeaChange International, Inc. Director, Communications Current

Organization Position Status
SeaChange International, Inc. Director, IP Video Sys Current

Organization Position Status
SeaChange International, Inc. Director, Advanced Adv Current

Organization Position Status
SeaChange International, Inc. Business Manager Current

Organization Position Status
SeaChange International, Inc. Webmaster Current

Organization Position Status
SeaChange International, Inc. Current

Organization Position Status
SeaChange International, Inc. Current

Salvatori has served as CEO of Unipol Gruppo Finanziario since 2006. Previously, he was Chairman of Gruppo Unicredito Italiano from May 2002 to January 2006, and prior to that served as the CEO of Banca Intesa. He also served in several senior executive and management positions with Gruppo Cassa di Risparmio di Parma, Banca Nazionale del Lavoro, Banco Ambrosiano Veneto and CARIPLO. Salvatori holds a degree in economics and business from the University of Bologna, a degree in banking from the University of Siena, and an honorary degree in political science from the University of Macerata. He is a registered chartered accountant.

Organization Position Status
SeaChange International, Inc. Board of Directors Current

Organization Position Status
Metrosoft Chairman Current
Blueliner - India Chief Technologist (Financial Services, Technology) Current
Digital Video Arts, Ltd Director Current
SeaChange International, Inc. Director Current
Sea Change, Inc. Director Current
Metrosoft Chief Executive Officer Former

Organization Position Status
SeaChange International, Inc. Board of Directors Current

Organization Position Status
SeaChange International, Inc. Board of Directors Current

Thomas F. Olson, 59, has served as a Director of SeaChange since May 2001. In addition, from January 1999 to December 2003, Mr. Olson served as the Chief Executive Officer of National Cable Communications, a company specializing in cable television advertising time sales. From January 1995 to May 1998, Mr. Olson was Managing Partner of National Cable Communications and Chief Executive Officer of Katz Media Group, a radio, broadcast television and cable television national sales representation firm. Mr. Olson was with Katz Media Group for 23 years. Since 2005, Mr. Olson has also served on the board of Sarkes Tarzian, Inc., a private company that owns and operates television and radio stations.

Organization Position Status
Sarkes Tarzian Inc. Board of Directors Current
SeaChange International, Inc. Director Current
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     SEAC $7.13 -0.02 (-0.28% )
Average Volume 174,958
Shares Outstanding 31.08M
Market Cap 221.6M
Year High 9.98
Year Low 5.1
Earnings Per Share 0.04
P/E Ratio 178.25
Dividend N/A
Yield N/A
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