BNET Industries

Market Cap:$108.4M
Last Fiscal Year Sales:$4.8M
  • Public
  • US
Dow Jones Description

We were incorporated as Network Dynamics in California on August 29, 2003, and changed our name to CyberDefender Corporation on October 21, 2005. We are a provider of secure content management ("SCM") software. Our mission is to bring to market advanced solutions to protect computer users against identity theft, Internet viruses, spyware and related security threats. Individuals who use personal computers make up our subscriber base, therefore we are not dependent on any single customer or on a few major customers. While our product is available for downloading from our website, which makes it available to anyone in the world, we do not have a significant customer base outside of the United States. Our business was originally built around the sale of a single product, our CyberDefender Anti-spyware. During the period from our founding through 2004, our primary focus was on marketing and selling this product. In 2005, we acquired certain assets from Unionway International, LLC, an entity controlled by Mr. Bing Liu, one of our former directors and an advisor. Among these assets was software that formed the basis for our proprietary Collaborative Internet Security Network, which we refer to as the "CISN" or the "earlyNETWORK".

Chief Executive Officer, and Chairman, of the Board of Directors
Gary Guseinov
Number of Employees 7
Contact Information

12121 Wilshire Boulevard, Suite 350

Los Angeles, California 90025

cyberdefender.c...

310-826-1781

NAICS Code Software Publishers: 511210

Recent Events

  • CyberDefender Q3 Loss Narrows - Quick Facts

    11/12/09 - Financial Announcement - View Story

  • CyberDefender Snags Antivirus Veteran

    9/10/09 - Mgmt. Change Entering - Vice President - View Story

  • CyberDefender Partners with The Search Agency to Expand Customer Acquisition Efforts

    8/25/09 - Joint Venture / Alliance - View Story

  • Guthy-Renker Co-CEO Bennet Van De Bunt Joins CyberDefender Board of Directors

    7/29/09 - Mgmt. Change Entering - Director - View Story

  • CyberDefender Names Raffi Simonian VP, Ecommerce - Quick Facts

    6/25/09 - Mgmt. Change Entering - President - View Story

  • Michael Barrett Joins CyberDefender as VP-Finance & Accounting; Raffi Simonian to Serve as Vice President-Ecommerce

    6/25/09 - Mgmt. Change Entering - Vice President - View Story

  • Guthy-Renker Invests $2 Million In CyberDefender

    6/11/09 - New Investment - View Story

News & Analysis

cyberdefender corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Bing Liu Consultant, Chief Software Architect and Director
Igor Barash Chief Information Officer, Secretary, Director
Ivan Ivankovich Consulting Chief Financial Officer
Kevin Harris Chief Financial Officer
Michael Barrett Chief Financial Officer
Patrick Hinojosa Chief Technology Officer
Alan Wallace Senior Vice President, Corporate Communications
David Bruggeman Vice President of Marketing
Jerry Puda Vice President of Business Development
Mark Duvall Vice President Engineering
Scott Wade Vice President of Technology
Viviana Rueda Vice President Marketing
Xenia Von Wedel

Board of Directors

Name (plus bio) Position
Gary Guseinov Chief Executive Officer, and Chairman, of the Board of Directors
John La Valle Board of Directors

Organization Position Status
Cyberdefender Corporation Chief Executive Officer, and Chairman, of the Board of Directors Current
Investor Room Chairman of the Board, Chief Executive Officer Current
Digital Media, LLC Founder Current
Diplomatic Courier Board of Directors Current
Cyberdefender Corporation President Former
California State University B.A. Former

Organization Position Status
Investor Room Consultant, Chief Software Architect and Director Current
Cyberdefender Corporation Consultant, Chief Software Architect and Director Current
Cyber Media Inc. Senior Software Architect Former
Tsinghua University Masters Former
Tsinghua University Bachelors Degrees In Computer Science Former

Organization Position Status
Cyberdefender Corporation Chief Information Officer, Secretary, Director Current
Investor Room Chief Information Officer, Secretary and Director Current
Isps Diligence Leader Former
California State University B.S. Former

Ivan Ivankovich joined CyberDefender in September 2006 as its Consulting Chief Financial Officer. Prior to joining CyberDefender, in March 2005, Mr. Ivankovich co-founded and was Managing Director of VisionPoint Capital, a boutique investment bank, where he provided services primarily related to corporate finance and mergers and acquisitions. Prior to founding VisionPoint Capital, in August 2003, Mr. Ivankovich joined YellowPages.com, an on-line directory of national and local merchants, as its Chief Financial Officer. Aside from providing financial and operational guidance, Mr. Ivankovich directed the company's capital raising efforts. Mr. Ivankovich led and negotiated the merger of YellowPages.com into a group led by SBC and Bell South. From September 2001 until August 2003, Mr. Ivankovich served as Vice President, Portfolio Operations for Platinum Equity, a global acquisition firm where he managed and operated certain of its portfolio companies. From October 1998 to August 2001, Mr. Ivankovich served as Vice President of Finance for two venture-backed companies, Trivida Corporation and HealthAllies, Inc. Mr. Ivankovich started his career with Ernst & Young in their audit practice in Los Angeles. Mr. Ivankovich is a Certified Public Accountant and a member of the California Society of CPAs. He earned his B.A. in Business Economics with an emphasis in accounting from the University of California, Santa Barbara.

Organization Position Status
Cyberdefender Corporation Consulting Chief Financial Officer Current
Siderean Software, Inc. Vice President, Finance Current
California Society of Certified Public Accountants Certified Public Accountant and Member Current
California Society of Certified Public Accountants Board of Directors Current
California Society of Certified Public Accountants Member Current
Yellowpages.Com LLC. Chief Financial Officer Former
YELLOWPAGES.com LLC Chief Financial Officer Former
Healthallies Vice President of Finance Former
Platinum Equity, LLC Vice President, Portfolio Operations Former
Healthallies Senior Financial Executive Former
Platinum Equity, LLC Senior Financial Executive for Two Venture, Backed Companies Former
University of California, Santa Barbara B.A. In Business Economics Former
University of California Bachelor of Arts, Business Economics With An Emphasis In Accounting Former

Kevin Harris is the Chief Operating Officer joining the Company in this capacity on April 1, 2004. Previously, Kevin served as the Senior Vice President of Finance and Corporate Controller for RKO Pictures, where he oversaw all aspects of accounting, finance, technology and administration for RKO, its subsidiaries and its not-for-profit ventures. Prior to RKO, Kevin served as the vice president of finance and controller for the much hyped technology joint venture between DreamWorks SKG, Imagine Entertainment and Vulcan Ventures, Pop.com, LLC (before it discontinued operations in the Fall of 2000). Prior to that, Kevin was the director of financial planning at Metro-Goldwyn-Mayer Studios, Inc. where he developed green-light models for feature films, co-productions and television products, annual corporate operating and overhead budgets, and internal information systems across all divisions of the Company. For several years prior, Kevin was head of production finance and Assistant Controller at Polygram Television where he oversaw all aspects of production finance, accounting and financial planning. From 1993 to 1995, Kevin was a senior auditor at KPMG Peat Marwick. Kevin is a licensed CPA (CA #72778). He graduated with honors from the California State University at San Bernardino earning his bachelor of science in business administration.

Organization Position Status
Statmon Technologies Corp Coo Current
Cyberdefender Corporation Chief Financial Officer Current
Lollipop Theater Network Board Member Current
Rko Pictures Corporation Senior Vice President of Finance Former
Rko Pictures Corporation Corporate Controller Former
KPMG International senior auditor Former
DreamWorks SKG Former
California State University Former

Organization Position Status
Investor Room Chief Financial Officer Current
Cyberdefender Corporation Chief Financial Officer Current
Mesa West Capital Vice President of Finance Current

Organization Position Status
Cyberdefender Corporation Chief Technology Officer Current

Organization Position Status
Alan Wallace CEO Current
Cyberdefender Corporation Senior Vice President, Corporate Communications Current
Investor Room Senior Vice President Corporate Communications Current
Mezimedia Vice President of Corporate Communications Former
Panda Software Vice President Former
Interactive Agency Co-Founder Former
Alan Wallace Specialist Former

Organization Position Status
Cyberdefender Corporation Vice President of Marketing Current
Investor Room Vice President of Marketing Current
E-LOAN, Inc. Current
University of California, Davis Masters of Business Administration Former

Organization Position Status
Cyberdefender Corporation Vice President of Business Development Current
Westminster College BS In Business and Behavioral Sciences Former

Organization Position Status
Cyberdefender Corporation Vice President Engineering Current
Hi-Wire LLC Chief Technology Officer Former
California State University Dominguez Hills BS In Computer Science and Mathematics Former

Organization Position Status
Cyberdefender Corporation Vice President of Technology Current
Investor Room Vice President of Technology Current
Fathom Online Chief Technology Officer Former
California State University M.S. Degree Former

Organization Position Status
Cyberdefender Corporation Vice President Marketing Current

Organization Position Status
Cyberdefender Corporation Current

Organization Position Status
Infosearch Media, Inc. Director, Chairman of the Audit Committee Current
Coreobjects Software, Inc. Senior Advisor Current
Row 44 Current
Cyberdefender Corporation Board of Directors Current
Trikon Technologies, Inc. Cfo Former
Superconductor Technologies, Inc. Cfo Former
Stamps.com Inc. Cfo Former
Kotura, Inc. Cfo Former
Stamps.com Inc. Senior Vice President of Operations Former
Boston College Undergraduate Degree Former

Executive News

  • CyberDefender to Present at the Rodman & Renshaw Annual Global Investment Conference on Friday, September 11 @ 11:15 am (ET)

    Business Wire - 9/02/09 - View Story

  • CyberDefender Partners with The Search Agency to Expand Customer Acquisition Efforts

    Yahoo! Canada - 8/25/09 - View Story

  • CyberDefender Partners with The Search Agency to Expand Customer Acquisition Efforts

    Business Wire - 8/25/09 - View Story

  • CyberDefender to Present at the Southern Californian Investor Conference in Newport...

    Reuters - 8/11/09 - View Story

  • CyberDefender to Present at the Southern Californian Investor Conference in Newport Beach on Tuesday, August 18, @ 9 AM

    PR Newswire - 8/11/09 - View Story

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     CYDE $4.25 -0.15 (-3.41% )
Average Volume 37,249
Shares Outstanding 25.51M
Market Cap 108.4M
Year High 4.7
Year Low 0.6
Earnings Per Share -0.98
P/E Ratio -4.34
Dividend N/A
Yield N/A
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