BNET Industries
Market Cap:$79.0M
- Public
- US
Dow Jones Description
Clarus Corporation ("Clarus" or the "Company," which may be referred to as "we," "us," or "our") was formerly a provider of e-commerce business solutions until the sale of substantially all of its operating assets in December 2002. We are currently seeking to redeploy our cash and cash equivalent assets to enhance stockholder value and are seeking, analyzing and evaluating potential acquisition and merger candidates. We were incorporated in Delaware in 1991 under the name SQL Financials, Inc. In August 1998, we changed our name to Clarus Corporation. Our principal corporate office is located at One Landmark Square, Stamford, Connecticut 06901 and our telephone number is (203) 428-2000. BUSINESS At the 2002 annual meeting of our stockholders held on May 21, 2002, Warren B. Kanders, Burtt R. Ehrlich and Nicholas Sokolow were elected by our stockholders to serve on our Board of Directors. Under the leadership of these new directors, our Board of Directors adopted a strategy of seeking to enhance stockholder value by pursuing opportunities to redeploy our assets through an acquisition of, or merger with, an operating business that will serve as a platform company, using our cash, other non-operating assets (including, to the extent available, our net operating loss carryforward) and our publicly-traded stock to enhance future growth.
Chief Financial Officer, Secretary and Treasurer
Philip A. BaratelliContact Information
One Landmark Square
22nd Floor
Stamford, Connecticut 06901
7702913900
Peer Companies
NAICS Code Software Publishers: 511210
Recent Events
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Clarus Announces Third Quarter 2009 Results
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BRIEF-RESEARCH ALERT-Clarus upgrades Adamus Resources to speculative buy
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Clarus Announces Second Quarter 2009 Results
News & Analysis
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clarus corp. - All News and Analysis
Taking the Trouble out of Troubleshooting: Clarus Systems Introduces "Three C's" Approach to Isolate and Manage IP Communication Problems Without Impacting End Users
Company's Approach Helps Enterprises, SI's and MSP's Build a Model for Successful Problem Management
Straddling the Divide between IPT and IT: Clarus Systems Harnesses the Power of ITIL to Optimize IP Telephony Investments
Company's Approach Helps Organizations Capitalize on Best Practices to Align Voice and IT Departments for Successful IP Communications Projects
REBS Announces Launch of Clarus™ Housing Market Products
LOS ANGELES -- Real Estate Business Services Inc. REBS today announced the launch of Clarus[TM] REsource, a family of new products and services designed to enhance a REALTOR's[R] real estate market insight using analysis, training and other comprehensive Web-based tools.
Unified Communications Market Continues to Mature as Clarus Systems and IQ Services Showcase Multi-Channel Load Testing Solutions at IT Expo East
Richard Whitehead to Cover Topic during "Intro to Unified Communications" Session at 2008 Internet Telephony Conference & Expo in Miami, FL January 23 - 25
"Practice Makes Perfect:" Clarus Systems Transforms IP Telephony Engagements with 2008 Deployment Services Best Practice Resource Guide
Company's Proven Approach Includes Integrated Testing, Certification and Reporting Methodologies for Cisco Unified Communications Manager
NextiraOne Becomes Clarus Systems' Premier Managed Services Provider in Mexico
NextiraOne Mexico Showcased ClarusIPC([R]) Plus+ Solution at Cisco Networkers Conference in Acapulco, Mexico Nov. 26 - 28
Clarus Therapeutics Announces Completion of $8 Million Series C Financing Round
NORTHBROOK, Ill. -- Clarus Therapeutics, Inc., a private firm focused on the development of an oral testosterone replacement product, today announced the close of an $8 million Series C financing. H.I.G. Ventures led the round and was joined by Thomas, McNerney & Partners - the sole institutional investor in the...
Clarus Systems Steals the Show at CIPTUG 2007 Annual Conference as Voice Monitor Wins 'Best Tools' Category in Application 'Bake-Off'
Clarus Systems Beats 18 Other Solution Providers to Take Category Honors
Clarus Systems is Showstopper at CIPTUG 2007 Annual Conference with Executives Leading Six Industry Discussions
Company also Announces ClarusIPC 2.3.1 with New Voice Monitor Add-on Module
Clarus Systems Takes Integrated Management and Testing Solutions to the Contact Center Through Strategic Partnership with IQ Services
IQ Services Reselling ClarusIPC([R]) and ClarusIPC([R]) Plus+ to its Contact Center Clients
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Philip A. Baratelli | Chief Financial Officer, Secretary and Treasurer |
| Gary Julien | Vice President, Corporate Development |
| Linda Lulow | Director of Interviewing |
| Susan Luckfield | Controller |
| Burtt R. Ehrlich | Principal Accountant Fees and Services |
| Sarah Pauley | Project Editor |
| Ofer Nemirovsky | Investor |
| Richard H. Kimball | Investor |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Donald L. House | Chairman |
| Warren B. Kanders | Executive Chairman |
| Nicholas Sokolow | Board Member |
| Nicolas Sokolow | Board of Directors |
Philip A. Baratelli, 41, has served as our Chief Financial Officer, Secretary and Treasurer since February 2007. Since February 2007, Mr. Baratelli has also served as Chief Financial Officer for Kanders & Company, Inc., a private investment firm principally owned and controlled by Mr. Warren B. Kanders that makes investments in and provides consulting services to public and private entities. Since April 2007, Mr. Baratelli has served as the Chief Financial Officer for Highlands Acquisition Corp., a publicly-held blank check company formed with a focus on acquiring a business in the healthcare industry. From June 2001 to February 2007, Mr. Baratelli was the Corporate Controller and Treasurer of Armor Holdings, Inc., a manufacturer and supplier of military vehicles, armored vehicles and safety and survivability products and systems serving aerospace & defense, public safety, homeland security and commercial markets. From February 1998 to February 2001, Mr. Baratelli was employed by PricewaterhouseCoopers LLP in various positions ranging from Associate to Senior Associate. From 1991 to 1997, Mr. Baratelli worked for Barnett Banks, Inc. in various finance and credit analysis positions. Mr. Baratelli received a Bachelor of Science in finance from Florida State University in 1989 and a Bachelor of Business Administration in accounting from the University of North Florida in 1995. Mr. Baratelli is a Certified Public Accountant.
| Organization | Position | Status |
|---|---|---|
| Clarus Corp | Chief Financial Officer, Secretary and Treasurer | Current |
| Highlands Acquisition Corp. | CFO | Current |
| Armor Holdings, Inc. | Treasurer & Controller | Current |
| PricewaterhouseCoopers | Associate to Senior Associate | Former |
| University of North Florida | Bachelor of Business Administration In Accounting | Former |
| Florida State University | Bachelor of Science In Finance | Former |
| Organization | Position | Status |
|---|---|---|
| Clarus Corp | Vice President, Corporate Development | Current |
Linda started with CLARUS Corporation in 1993 as an interviewer and moved into the Director's position in 1997. Linda has experience in all phases of interviewing from personal and telephone interviews with community members to business interviews with busy corporate executives and doctors.
| Organization | Position | Status |
|---|---|---|
| Clarus Corp | Director of Interviewing | Current |
| Organization | Position | Status |
|---|---|---|
| Clarus Corp | Controller | Current |
Burtt R. Ehrlich , 69, has served as one of our directors since June 2002. Prior to the completion of the acquisition of Armor Holdings, Inc., by BAE Systems plc on July 31, 2007, Mr. Ehrlich served as a director of Armor Holdings, Inc. since January 1996. Mr. Ehrlich has also served as a member of the Board of Directors of Langer, Inc. since February 2001. Mr. Ehrlich is also a member of the Board of Trustees of The Arbitrage Fund, a registered investment company. Mr. Ehrlich served as Chairman and Chief Operating Officer of Ehrlich Bober Financial Corp. (the predecessor of Benson Eyecare Corporation) from December 1986 until October 1992, and as a director of Benson Eyecare Corporation from October 1992 until November 1995.
| Organization | Position | Status |
|---|---|---|
| Clarus Corp | Principal Accountant Fees and Services | Current |
| The Arbitrage Fund | Board of Directors | Current |
| Armor Holdings, Inc. | Board of Directors | Current |
| Clarus Corp | Board Member | Current |
| Langer, Inc. | Board of Directors | Current |
| Langer, Inc. | Chairman | Former |
| Clarus Corp | member | Former |
Sarah assists the Project Manager in most phases of the project, including formatting and proofreading final reports, inputting data obtained for the evaluation of the College's market segments and obtaining and formatting occupational forecasts for Workforce Development Scans. She has experience in education as an instructor for Adult Basic Education.
| Organization | Position | Status |
|---|---|---|
| Clarus Corp | Project Editor | Current |
| Organization | Position | Status |
|---|---|---|
| Techdiscovery, LLC | Active Private Investor and Business Consultant | Current |
| Clarus Corp | Chairman | Current |
| afterBOT, Inc. | Board of Directors | Current |
| Harbinger | Board Member | Current |
| Carreker Corporation | Board of Directors | Current |
| Xcellenet Inc. | Board Member | Current |
| Isoft | Board of Directors | Current |
| nuBridges, Inc. | Board of Directors | Current |
| Techdiscovery, LLC | Board of Directors | Current |
| Management Science America, Inc. | President | Former |
| Clarus Corp | President | Former |
| Isoft | Executive Vice President | Former |
| nuBridges, Inc. | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Armor Holdings, Inc. | Chief Executive Officer | Current |
| Actualite Internationale | Chairman of The Board of Directors and Chief Executive Officer | Current |
| New York State Bar Association | Attorney and Member | Current |
| Net Perceptions, Inc. | Chairman | Former |
| Armor Holdings, Inc. | Chairman | Current |
| The Winston Churchill Foundation | Board of Directors | Current |
| Highlands Acquisition Corp. | Director | Current |
| Simbrom Campisi & Associates | Member | Current |
| Langer, Inc. | Member | Current |
| Armor Holdings, Inc. | Founder | Former |
| Clarus Corp | Member of the Board of Directors | Former |
| Armor Holdings, Inc. | Director | Former |
| NYSE Group, Inc. | Vice Chairman of the Board | Former |
| Brown University | B.A. Degree In Economics | Former |
| Clarus Corp | member | Former |
Nicholas Sokolow , 59, has served as one of our directors since June 2002. Prior to the completion of the acquisition of Armor Holdings, Inc., by BAE Systems plc on July 31, 2007, Mr. Sokolow served as a member of the Board of Directors of Armor Holdings, Inc. since January 1996. Mr. Sokolow has also served as a member of the Board of Directors of Stamford Industrial Group, Inc., formerly known as Net Perceptions, Inc. ("SIG") since April 2004. Since 2007, Mr. Sokolow has been practicing at the law firm of Lebow & Sokolow LLP. From 1994 to 2007 Mr. Sokolow was a partner at the law firm of Sokolow, Carreras & Partners. From June 1973 until October 1994, Mr. Sokolow was an associate and partner at the law firm of Coudert Brothers. The affirmative vote of a plurality of the votes cast in person or by proxy at the Meeting is necessary for the election as directors of the four nominees named in this Proxy Statement (assuming a quorum of a majority of the outstanding shares of common stock is present).
| Organization | Position | Status |
|---|---|---|
| Lebow Company, Inc. | Current | |
| Armor Holdings, Inc. | Compensation Committee Chairman | Current |
| Net Perceptions, Inc. | Chairman | Current |
| Clarus Corp | Board Member | Current |
| Coudert Brothers Llp | Partner | Former |
| Coudert Brothers Llp | Associate | Former |
| Armor Holdings, Inc. | Director | Former |
| Clarus Corp | member | Former |
Nicholas Sokolow , 59, has served as one of our directors since June 2002. Prior to the completion of the acquisition of Armor Holdings, Inc., by BAE Systems plc on July 31, 2007, Mr. Sokolow served as a member of the Board of Directors of Armor Holdings, Inc. since January 1996. Mr. Sokolow has also served as a member of the Board of Directors of Stamford Industrial Group, Inc., formerly known as Net Perceptions, Inc. ("SIG") since April 2004. Since 2007, Mr. Sokolow has been practicing at the law firm of Lebow & Sokolow LLP. From 1994 to 2007 Mr. Sokolow was a partner at the law firm of Sokolow, Carreras & Partners. From June 1973 until October 1994, Mr. Sokolow was an associate and partner at the law firm of Coudert Brothers. The affirmative vote of a plurality of the votes cast in person or by proxy at the Meeting is necessary for the election as directors of the four nominees named in this Proxy Statement (assuming a quorum of a majority of the outstanding shares of common stock is present).
| Organization | Position | Status |
|---|---|---|
| Lebow Company, Inc. | Current | |
| Net Perceptions, Inc. | Chairman | Current |
| Clarus Corp | Board of Directors | Current |
| Coudert Brothers Llp | Partner | Former |
| Coudert Brothers Llp | Associate | Former |
| Organization | Position | Status |
|---|---|---|
| Benefitpoint, Inc. | Managing Director | Current |
| HarbourVest Partners, LLC | Managing Director | Current |
| Emptoris, Inc. | Board Director | Current |
| Benefitpoint, Inc. | Board of Directors | Current |
| Pitango Venture Capital | Board Advisor | Current |
| Etapestry | Board Director | Current |
| Digital Insight Corporation | Investor | Current |
| UUNET | Investor | Current |
| Marcam Corporation | Investor | Current |
| Vertical Communications, Inc. | Investor | Current |
| RADWARE Ltd. | Investor | Current |
| CenTra, Inc. | Investor | Current |
| SpectraLink Corporation | Investor | Current |
| Clarus Corp | Investor | Current |
| Manugistics Group, Inc. | Investor | Current |
| Progress Software Corporation | Investor | Current |
| Dendrite International, Inc. | Investor | Current |
| Insignia Solutions Plc | Investor | Current |
| AXENT Technologies, Inc. | Former | |
| Harvard Business School | MBA | Former |
| University of Pennsylvania | BS in Finance | Former |
| Organization | Position | Status |
|---|---|---|
| Technology Crossover Ventures | Co-founder | Current |
| Technology Crossover Ventures | Founding General Partner | Current |
| Liquidnet, Inc. | Director | Current |
| KGB | Director | Current |
| Techwell, Inc. | Board of Directors | Current |
| Tradingscreen, Inc. | Board of Directors | Current |
| Egenera, Inc. | Director | Current |
| KGB | Investor | Current |
| RiskMetrics Group, Inc. | Investor | Current |
| LHS Telekom GmbH & Co. KG | Investor | Current |
| Copper Mountain Networks | Investor | Current |
| Xiotech Corporation | Investor | Current |
| Allbusiness.Com, Inc. | Investor | Current |
| Alteon WebSystems, Inc. | Investor | Current |
| Egenera, Inc. | Investor | Current |
| CosmoCom, Inc. | Investor | Current |
| Clarus Corp | Investor | Current |
| Techwell, Inc. | Investor | Current |
| Liquidnet, Inc. | Investor | Current |
| Xylan Corporation | Investor | Current |
| Montgomery Securities | Managing Director | Former |
| Amdocs Limited | Former | |
| ADC Telecommunications, Inc. | Former | |
| Greenwich Associates | Former | |
| FORE Systems, Inc. | Former | |
| Seagate | Former | |
| Intel Corporation | Director | Former |
| Montgomery Securities | Venture Capitalist | Former |
| Dartmouth College | master of business administration | Former |
| University of Chicago | M.B.A. | Former |
| University of Chicago | A.B. In History | Former |
| Dartmouth College | A.B. Degree In History | Former |
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