BNET Industries

Market Cap:$37.3M
Last Fiscal Year Sales:$35.0M
  • Public
  • US
Dow Jones Description

Ditech Networks supplies voice processing equipment for telecommunication networks around the world. Ditech Networks' solutions incorporate advanced voice processing, Session Initiation Protocol (SIP), and security technologies delivered on carrier-grade scalable platforms to enhance the delivery of communications services over mobile, Voice over IP, and wireline networks. Ditech Networks' customers are premier network operators including Verizon Wireless, Sprint/Nextel, Orascom Telecom, and others that collectively serve more than 150 million subscribers. Ditech Networks is headquartered in Mountain View, California.

President & CEO
Todd Simpson
Number of Employees 148
Contact Information

825 East Middlefield Road

Mountain View, California 94043

www.ditechnetwo...

(650) 623-1300

NAICS Code Telephone Apparatus Manufacturing: 334210

Recent Events

  • Ditech Networks Q2 Loss Narrows - Quick Facts

    11/19/09 - Financial Announcement - View Story

  • PhoneTags Automated Voicemail-to-Text Solution Now Available

    11/17/09 - Licensing / Contract - View Story

  • Ditech Networks Announces Derivative Litigation Settlement Hearing

    10/29/09 - Legal Settlement - View Story

  • Ditech Networks and Lamassu Holdings LLC Settle Proxy Contest

    9/02/09 - Legal Settlement - View Story

  • Ditech Networks Reports Fiscal 2010 First Quarter Financial Results

    8/20/09 - Financial Announcement - View Story

News & Analysis

ditech networks inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Todd Simpson President & CEO
Lowell Trangsrud COO & Executive Vice President
Sandeep Pombra Chief Technology Officer for Voice Communications and Echo Cancellation Products
William J. Tamblyn CFO & Executive Vice President
Gary D. Testa Vice President, Worldwide Sales
Lee House Vice President, Platform Engineering

Board of Directors

Name (plus bio) Position
Edwin Harper Chairman
Andrei M. Manoliu Board of Directors
David M. Sugishita Board of Directors
Francis A. Dramis Jr. Board of Directors
Gregory M. Avis Board of Directors
William A. Hasler Board of Directors

Todd joined Ditech Networks in June 2005 through its acquisition of Jasomi Networks, and became CEO in September 2007 after holding several senior level positions. With over 10 years of leadership experience in the technology industry, Todd has helped establish Ditech as the leader in voice quality solutions for the global telecom market. Previously, Todd was President and CEO of Jasomi, where he was instrumental in leading the company to be a thought leader in IP communications and positioning the company to win several awards as the provider of VoIP session border controllers. Todd also served as CTO for Zi Corporation and successfully founded several Canadian high-tech firms including Call Genie, a pioneer in voice search. Todd holds a Ph.D. in Computer Science from University of Calgary and has also obtained several patents.

Organization Position Status
Ditech Networks Inc. President & CEO Current
Ditech Networks Inc. Vice President, Marketing Former

Lowell Trangsrud joined Ditech Networks in 2001 from Tandem Computers and Compaq Computers, where he worked from 1990 until 2001 (Compaq acquired Tandem in 1995). In his last position at Compaq, Mr. Trangsrud served as the Vice President for the Business Critical Solutions Group, managing over 1700 people in operations that spanned the U.S., Europe, Asia and Australia. Among his other managerial roles, Lowell served as Vice President of Manufacturing for High Availability System Manufacturing. In that role, he had P&L responsibility for two manufacturing facilities in the U.S. and Scotland, which produced $1.6 billion in revenue. From 1973 to 1990, Lowell worked for Sperry Corporation and Honeywell, serving in a variety of engineering and management roles. Lowell has a B.S. in electronics from North Dakota State College of Science, a B.A. in Management, a B.S. in Business Administration, and has completed an Executive Management Program at Harvard University.

Organization Position Status
Ditech Networks Inc. COO & Executive Vice President Current
Ditech Communications Corporation Executive Vice President Former
Harvard University B.S. in Business Administration Former
North Dakota State University B.S. in electronics Former

Organization Position Status
Ditech Networks Inc. Chief Technology Officer for Voice Communications and Echo Cancellation Products Current
Ditech Communications Corporation CTO Former

Bill joined Ditech Networks in 1997 as the Vice President and Chief Financial Officer, and was promoted to Executive Vice President in May of 2004. He is responsible for the company’s global financial strategy and day-to-day financial and accounting operations. While serving as CFO of Ditech Networks, he was instrumental in the company’s IPO and secondary offering, as well as driving growth through internal development, participating in several merger and acquisition transactions. During his tenure, he has overseen the areas of finance, human resources, facilities and information technology. Bill’s extensive financial and operational background also includes Chief Financial Officer of Conductus, where he was in charge of coordinating a secondary public offering. He also held the position of CFO at Ramtek, a publicly-traded company, for one year. Prior to his corporate experience, Bill spent 10 years in public accounting, working the last 5 years for Coopers and Lybrand. He specialized in emerging-growth companies and public clients. A Certified Public Accountant, Bill received a B.S. in Accounting from San Jose State University.

Organization Position Status
Ditech Networks Inc. CFO & Executive Vice President Current
Ditech Communications Corporation CFO & Executive Vice President Former
San Jose State University B.S. in Accounting Former

Organization Position Status
Ditech Networks Inc. Vice President, Worldwide Sales Current
Aurora Networks, Inc. Vice President, Worldwide Sales Former
Ditech Communications Corporation Vice President, Worldwide Sales Former

Organization Position Status
Ditech Networks Inc. Vice President, Platform Engineering Current
Ditech Communications Corporation Vice President, Engineering Former
3Com Corporation Senior Director, DSL Product Management and Business Development Former
International Business Machines Corporation Senior Management Former
Duke University Masters in Electrical Engineering Former
Rhodes College BA Former
Christian Brothers University BSEE Former

Organization Position Status
Whitecell Software, Inc CEO Current
Manufacturing Technology, Inc. President Current
Vista Ventures Current
Whitecell Software, Inc Chairman Current
Ditech Networks Inc. Chairman Current
Avocent Corporation Chairman Current
Avocent Corporation Board of Directors Current
Verari Systems, Inc. Board of Directors Current
MX Logic Board of Directors Current
Ditech Communications Corporation Board of Directors Former
Network Associates Board of Directors Former
Colorado State University Msee Former
Colorado State University Bsee Former

Organization Position Status
Ditech Networks Inc. Board of Directors Current
Ditech Communications Corporation Board of Directors Former

Organization Position Status
Ditech Networks Inc. Board of Directors Current
Ditech Communications Corporation Board of Directors Former

Organization Position Status
Ditech Networks Inc. Board of Directors Current
Avocent Corporation Board of Directors Current
Netezza Corporation Board of Directors Current
BellSouth Corporation Chief Information - E-Commerce & Security Officer Former

Age 45. Mr. Avis has been a director of IMPAC since February 1998. Mr. Avis is a Managing Partner of Summit Partners, L.P., a private equity and investment firm, where he has been employed since the firm s founding in 1984. Currently, Mr. Avis also serves as a director of Ditech Communications Corporation, a telecommunications equipment company and Powerwave Technologies, a developer and manufacturer of radio frequency power amplifiers for wireless communications applications. Mr. Avis holds an M.B.A. degree from Harvard Business School and a B.A. degree in Political Economy from Williams College.

Organization Position Status
Pathologyoutlines.Com, LLC Director of Impac Current
RightNow Technologies Inc. Thomas W. Kendra Executive Officers Current
Pathologyoutlines.Com, LLC Chairman Current
Powerwave Technologies, Inc. Director Current
Improved Packaging Consolidating Corp. Director Current
National Outdoor Leadership School Board of Directors Current
Williams College Board of Directors Current
The James Irvine Foundation Board of Directors Current
Ditech Networks Inc. Board of Directors Current
RightNow Technologies Inc. Board of Directors Current
Ditech Communications Corporation Board of Directors Former
Globe Wireless Inc. Investor Former
Powerwave Technologies, Inc. Investor Former
Vertical Communications, Inc. Investor Former
Impac Medical Systems, Inc. Investor Former
BD Biosciences Clontech Investor Former
RightNow Technologies Inc. Investor Former
Harvard Business School M.B.A. Degree Former
Harvard University B.A. Degree Former
Williams College B.A. Degree In Political Economy Former
Summit Accelerator Fund member Former

Organization Position Status
Aphton Corporation Co-CEO Current
Solectron Corporation Chairman Current
Boardvantage, Inc. Board of Directors Current
Technical Olympic USA, Inc. Board Director Current
Harris Stratex Networks, Inc. Board of Directors Current
Aphton Corporation Vice Chairman Current
DMC Stratex Networks, Inc. Board Director Current
Ditech Networks Inc. Board of Directors Current
Vitalect, Inc. Board of Directors Current
Mission West Properties Board of Directors Current
The Investment Bank for Middle Market Board of Directors Current
Insidetrack, Inc. Member, Board of Directors Current
Vitalect, Inc. Investor Current
Genitope Corporation Compensation Committee Member Current
Ditech.com Compensation Committee Member Current
Pomona College Trustee Former
Pacific Stock Exchange public governor Former
KPMG International Director Former
Ditech Communications Corporation Board of Directors Former
Solectron Corporation Board Director Former
Harvard University M.B.A. Former
Harvard Business School MBA Former
Pomona College B.A. Former

Executive News

  • Ditech Networks and Lamassu Holdings LLC Settle Proxy Contest

    Business Wire - 9/02/09 - View Story

  • Ditech Network, Inc. Q1 2010 Earnings Call Transcript

    Seeking Alpha - 8/21/09 - View Story

  • Ditech Networks Reports Fiscal 2010 First Quarter Financial Results

    Business Wire - 8/20/09 - View Story

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     DITC $1.42 +0.09 (6.77% )
Average Volume 46,665
Shares Outstanding 26.31M
Market Cap 37.4M
Year High 2.2
Year Low 0.64
Earnings Per Share -0.91
P/E Ratio -1.56
Dividend N/A
Yield N/A
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