BNET Industries

Market Cap:$8.5M
Last Fiscal Year Sales:$10.1M
  • Public
  • US
Dow Jones Description

Our comprehensive suite enables organizations to dramatically simplify administrative tasks and thereby enhance workforce productivity. Asure's suite includes products to optimize workforce time and attendance tracking, benefits enrollment and tracking, pay stubs and W2 documentation, expense management, meeting and event management, and asset tracking. Asure's unique focus on empowering workers through simple, self-service, on-demand applications accelerates adoption throughout the organization and enables organizations of any size to achieve enterprise-class optimization of their workforce management processes.

Chairman & CEO
Richard N. Snyder
Number of Employees 103
Contact Information

108 Wild Basin Dr

Austin, Texas 78746-3326

asuresoftware.c...

(512) 437-2700

NAICS Code Computer Systems Design Services: 541512

Recent Events

  • Forgent Networks posts $1.5 million loss

    12/11/09 - Financial Announcement - View Story

  • Asure Software Announces 2009 Fiscal Fourth Quarter Financial

    10/28/09 - Financial Announcement - View Story

  • Group that took over Forgent stopped from similar move in Dallas

    10/14/09 - Mgmt. Change Leaving - CEO - View Story

  • Market Report -- In Play ASUR

    9/17/09 - Mgmt. Change Leaving - Other - View Story

  • Asure Software President And CEO Nancy Harris To Resign - Quick Facts

    9/17/09 - Mgmt. Change Leaving - CEO - View Story

  • Asure Software ASUR Names Interim CEO After Harris Resigns

    9/17/09 - Mgmt. Change Entering - CEO - View Story

  • Asure Announces Preliminary Fourth Fiscal Quarter 2009 Results

    8/13/09 - Financial Announcement - View Story

  • Asure Software: Asure Software Reschedules Date for Annual Meeting of Stockholders

    7/15/09 - Lawsuit Filed - View Story

  • Asure Software Files Federal Lawsuit Against the Pinnacle Fund,

    7/01/09 - Lawsuit Filed - View Story

  • Asure Software Files Federal Lawsuit Against the Pinnacle Fund, Red Oak Partners, David Sandberg and...

    7/01/09 - Lawsuit Filed - View Story

News & Analysis

earnings and forgent networks inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Jay C. Peterson Vice President Finance and Cfo
Ken Kalinoski CTO & Vice President
Nancy Harris COO
Carter Mansbach Vice President
John Stockton Vice President of Product Management
Kirk Norsworthy Vice President of Engineering
Matthew Zinn General Counsel
Lou Mazzucchelli Director
Ray Rajko Miles Director

Board of Directors

Name (plus bio) Position
Richard N. Snyder Chairman & CEO
James Wells Board of Directors
Kathleen A. Cote Board of Directors
Richard J. Agnich Board of Directors

Chairman & CEO, Asure Software Corporation that provides productivity solutions to businesses. Mr. Snyder is also the Founder and Chief Executive Officer of Corum Cove Consulting, LLC, a consulting firm specializing in providing strategic guidance to high technology businesses. Previously at Hewlett-Packard, Mr. Snyder served as Group General Manager for the $3 billion inkjet printer business, where he created the Deskjet brand. As Senior Vice President and General Manager at Dell Computer, Mr. Snyder led the establishment of Dell's successful Internet sales model and was responsible for all operations of the $3.5 billion Americas Region. Mr. Snyder also served as Senior Vice President of Worldwide Sales, Marketing, Service and Support for Compaq Computer, where he held P&L responsibility for Compaq's $20 billion geographic sales regions. He also serves on the Boards of Symmetricom, Inc. and an early stage company, Assure Controls.

Organization Position Status
Symmetricom, Inc. Chairman & CEO, Asure Software Corporation That Provides Productivity Solutions to Businesses. Current
Forgent Networks, Inc. Chairman & CEO Current
Dell Inc. senior vice president Former
Compaq Computer Corporation Senior Vice President of Worldwide Sales, Marketing, Service and Support Former
Dell Inc. general manager Former
Hewlett-Packard Company group general manager Former
Symmetricom, Inc. Board of Directors Former

Jay Peterson was appointed vice president and CFO (chief financial officer) in March 2001. He has been with the company for 12 years, holding leadership positions including vice president of finance, interim CFO and manager of corporate planning. Before joining Asure, Jay was assistant controller in Dell Computer Corporation’s Direct division. He also spent 11 years in various financial management positions with IBM Corporation. Jay holds an M.B.A. and a B.A. from the University of Wisconsin.

Organization Position Status
Forgent Networks, Inc. Vice President Finance and Cfo Current
Forgent Networks, Inc. Manager of Corporate Planning Current

Organization Position Status
Forgent Networks, Inc. CTO & Vice President Current

Nancy Harris is senior vice president and COO (chief operating officer) of Asure Software where she has responsibility for day-to-day oversight of the NetSimplicity business. Nancy, who has 23 years of experience in the software industry in both marketing and development capacities, joined the company in October 2001. Before joining Asure, she was director of marketing and product management at ClearCommerce, an Internet transaction-processing software company. Prior to her work there, Nancy spent eight years with BMC Software in various positions including director of field marketing, director of product marketing, and development manager. She also spent several years with Andersen Consulting in various capacities. Nancy graduated from Northwestern University with an M.S. in Marketing.

Organization Position Status
Forgent Networks, Inc. COO Current
Forgent Networks, Inc. Senior Vice President Current
Forgent Networks, Inc. Vice President, Software Former
ClearCommerce Corp Director of Marketing and Product Management Former
Andersen Consulting Former
BMC Software, Inc. Director Former
Northwestern University M.S. Former

Organization Position Status
Forgent Networks, Inc. Vice President Current

Organization Position Status
Forgent Networks, Inc. Vice President of Product Management Current

Organization Position Status
Forgent Networks, Inc. Vice President of Engineering Current

Organization Position Status
Forgent Networks, Inc. General Counsel Current

Organization Position Status
Sentient Ventures Venture Partner Current
Forgent Networks, Inc. Board of Directors Current
Dazel Corporation Senior Vice President of Marketing and Business Development Former
RealNetworks, Inc. Officer Former
University of Delaware MBA Former
Lamar University Bachelor of Science In Mechanical Engineering Former

Organization Position Status
Fit Just Right Chief Financial Officer Current
3Com Corporation Board of Directors Current
Soltrus Director Current
VeriSign, Inc. Board of Directors Current
Western Digital Corporation Director Current
Efarm, Inc. Board of Directors Current
Workscape Inc. Board of Directors Current
RadView Software Ltd. Director Current
Forgent Networks, Inc. Board of Directors Current
Computervision Corporation Chief Executive Officer Former
Worldport Communications, LLC Chief Executive Officer Former
Computer Vision CEO Former
Prime Services, Inc. President Former
Computervision Corporation President Former
Computer Vision president Former
Prime Services, Inc. General Manager Former
Babson College MBA Former
University of Massachusetts Amherst bachelor's degree Former

Lou Mazzucchelli, age 51, has served as a director of our company since February 2002. He is currently a venture partner at Ridgewood Capital, a venture capital firm focusing its investments in the information technology industry. Prior to joining Ridgewood Capital in 2001, Mr. Mazzucchelli was an investment banker at Gerard Klauer Mattison in New York, which he joined in 1996 as their PC and digital media technology analyst. Previously, Mr. Mazzucchelli spent 13 years leading Cadre Technologies, a pioneering computer-aided software engineering tools company that he founded in 1982 and grew to become one of the top 50 U.S. independent software vendors before its sale in 1986.

Organization Position Status
Forgent Networks, Inc. Director Current
Cadre Technologies, Inc. Former

Ray Rajko Miles has served as a director of our company since March 2003. He is currently working with Rajko Associates, a company that provides consulting services on corporate strategy. From 2001 to 2002, Mr. Miles served as the President of Communications Services, a service line of the Operations Solutions business of EDS, Inc. Prior to joining Communications Services, Mr. Miles was a business manager and manager of software strategy at Texas Instruments from 1999 to 2001. From 1996 to 1999, Mr. Miles served as a branch manager and then Chief Operating Officer of Deutsche Telekom Alliance, a strategic alliance between Texas Instruments Incorporated and Deutsche Telekom.

Organization Position Status
Rajko Associates Current
Forgent Networks, Inc. Director Current
Communications Services, Inc. President Former
Texas Instruments Incorporated manager of software strategy Former

Richard J. Agnich has served as a director of our company since March 2003. He is currently an advisor to technology start-ups, is a trustee of Austin College and chair of the Entrepreneurs Foundation of North Texas. Mr. Agnich is also currently serving as a director of ST Assembly Test Services, Ltd. (STTS, NASDAQ), a leading semiconductor test and assembly service provider headquartered in Singapore. Prior to his retirement in 2000, Mr. Agnich served as Senior Vice President, General Counsel and Secretary and various other positions at Texas Instruments Incorporated since 1973.

Organization Position Status
Austin College Trustee Current
Forgent Networks, Inc. Board of Directors Current
Austin College Board of Directors Current
Entrepreneurs Foundation of North Texas Member Current
Entrepreneurs Foundation of North Texas Senior Vice President, Secretary and General Counsel Former
Texas Instruments Incorporated Senior Vice President, General Counsel Former
Entrepreneurs Foundation of North Texas Chairman Former

Executive News

  • Red Oak Partners, Pinnacle Fund, and Asure Software Announce Results of Election of New Board of Directors and Dismissal of Federal Suit

    Broadcast Newsroom - 9/02/09 - View Story

  • Outgoing Forgent chairman getting $95,000

    Austin Business Journal - 9/02/09 - View Story

  • Red Oak Partners, Pinnacle Fund, and Asure Software Announce Results of Election of New Board of Directors and

    Reuters - 8/31/09 - View Story

  • Red Oak Partners, Pinnacle Fund, and Asure Software Announce

    Market Wire via MSN Money - 8/31/09 - View Story

  • Asure Software Urges Stockholders to Vote White Proxy Card; All Three Major Independent Proxy Advisory Services Conclude That Dissidents' Case Is Not Strong Enough to Warrant Their Gaining Control of the Board

    Broadcast Newsroom - 8/22/09 - View Story

  • Asure Announces Preliminary Fourth Fiscal Quarter 2009 Results

    Stockwatch - 8/13/09 - View Story

  • Asure Announces Preliminary Fourth Fiscal Quarter 2009 Results

    Market Wire - 8/13/09 - View Story

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     ASUR $0.27 0.00 (0.00% )
Average Volume 265,666
Shares Outstanding 31.62M
Market Cap 8.5M
Year High 0.469
Year Low 0.1
Earnings Per Share -0.31
P/E Ratio -0.87
Dividend N/A
Yield N/A
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