BNET Industries

Market Cap:$76.1M
Last Fiscal Year Sales:$154.5M
  • Public
  • US
Dow Jones Description

NaviSite provides IT hosting, outsourcing and professional services leveraging a proven set of technologies and extensive subject matter expertise. We deliver cost-effective, flexible solutions that provide responsive and predictable levels of service for our clients' businesses. More than 1400 companies across a variety of industries rely on NaviSite to build, implement and manage their mission-critical systems and applications. NaviSite is a trusted advisor committed to ensuring the long-term success of our customers' business applications and technology strategies. NaviSite's business model focuses on providing customers with a tangible ROI and greater value proposition compared to the option of deploying, hosting and managing enterprise applications internally. The ROI that companies realize using NaviSite's solutions and services, which include Professional Services, Hosting Services, and Content Delivery and Acceleration Services, is based on economies of scale, economies of skill, industry best practices, process automation and specialization. NaviSite delivers true cost savings with a higher quality of service, while enabling customers to focus on their core business. The success of our customers has proven our business model right. NaviSite has grown from our early days in 1997 into the leading provider of professional, outsourcing and enablement services for more than 1400 organizations. ...

Number of Employees 694
Contact Information

400 Minute Man Rd

Andover, Massachusetts 01810

navisite.com

(978) 682-8300

NAICS Code Data Processing, Hosting, and Related Services: 518210

Recent Events

  • NaviSite Appoints Claudine Bianchi as Chief Marketing Officer

    12/15/09 - Mgmt. Change Entering - Marketing - View Story

  • NAVI: CEO Comments on Q1 Results and New Focus on Enterprise Customers

    12/11/09 - Financial Announcement - View Story

  • NaviSites Managed Hosting Services Power InMobis Expansion

    11/25/09 - Licensing / Contract - View Story

  • NaviSite's Managed Hosting Services Power InMobi's Expansion

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

  • Disaster recovery news briefs: SteelEye supports disaster recovery and business continuity for Windows Server 2008...

    10/28/09 - Licensing / Contract - View Story

  • NaviSite's loss widens on revenue hit, restructuring costs

    10/16/09 - Financial Announcement - View Story

  • NaviSite NaviCloud Cloud Computing Platform from NaviSite

    10/14/09 - Product Announcement - View Story

  • NaviSite to Release Fourth Quarter and Fiscal Year 2009 Results

    9/22/09 - Financial Announcement - View Story

  • Rock Solid Technologies Selects NaviSite to Host Their SaaS

    8/11/09 - Licensing / Contract - View Story

  • NaviSite appoints SVP of service delivery and applications management

    7/21/09 - Mgmt. Change Entering - Vice President - View Story

  • BigBand Networks selects NaviSite's application management services

    7/09/09 - Licensing / Contract - View Story

  • LiquidTycoon.com: NaviSite, Inc (NASDAQ:NAVI) Is The Most Active On NASDAQ During Morning Trading Hours

    7/02/09 - Legal Settlement - View Story

News & Analysis

ebitda and navisite inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Arthur P. Becker CEO
Denis Martin Executive Vice President and Chief Technology Officer
Jim Pluntze Chief Financial Officer
Mark Clayman Vice President and CIO
Marty Perry CIO
Rathin Sinha Chief Marketing Officer
Steve Kirchoff Executive Vice President, Sales, Marketing
Doug Burgum Senior Vice President, Solutions
Jim Fanella Senior Vice President of Strategic Business Development
Nasir Cochinwala Senior Vice President, Prof Services
Adrian Rand Vice President, Product Marketing
Jeff Johnson Reg Vice President, Sales, East
Joel Whitman Vice President, Marketing
Pat Shoof Vice President, HR
Patricia Yates Reg Vice President, Sales, West
robert Hildenbrand Vice President, Service Delivery
Staci Lyons Vice President, Sales & Services
Tim Burks Vice President, Infrastructure Services
Will Scott Vice President, Application Services
Cheryl Yetz Director, Product Management
John DeWaal Director, Sales, Marketing
Maureen Rogers Director, Marketing
Phil Simmonds Senior Director of Content Delivery Services
David Gilby
Edward J. DiMaria
Ken Drake General Counsel
Monique Cormier Associate General Counsel
Shawn Coyle
Gabriel Ruhan Director
Thomas R. Evans Director

Board of Directors

Name (plus bio) Position
Andrew Ruhan Chairman
James H Dennedy Board of Directors
Larry W. Schwartz Board of Directors

As the chief executive officer (CEO) and a member of the NaviSite Board of Directors, Arthur Becker provides day-to-day leadership to the companys senior management and is personally involved in the strategy, financing and merger and acquisition (M&A) activities of the company. Mr. Becker was a founding investor and member of the Board of Directors of ClearBlue Technologies, Inc., a company started in 2001 with the purpose of acquiring distressed Internet infrastructure companies. He is also co-founder of Atlantic, LLC, an investment fund company he started with NaviSite Chairman Andy Ruhan, which acquired the data center assets of Colo.com in 2001. Mr. Becker comes to NaviSite with experience as founder and managing member of several technology and investment companies, including Impower, a London-based provider of technology consulting services to government; Advance Partners, LLC, which provided financial advisory services to Cendent Corporation and Global Switch in the UK; and Madison Technology, LLC, a New York-based technology investment firm. From 1987 through 1993, Mr. Becker served as a director with Bear Stearns & Company (BSC-NYSE), where he led the successful proxy contest for control of ProGroup, Inc., a leading golf equipment and apparel manufacturer. Prior to that, he held various positions from managing partner to owner of a number of real estate development companies.

Organization Position Status
NaviSite, Inc. CEO Current
Style Encyclopedia Current

Organization Position Status
Jupiter Hosting, Inc. Executive Vice President and Chief Technology Officer Current
NaviSite, Inc. Executive Vice President and Chief Technology Officer Current
NYSERNet Inc. Director of Software Engineering Former
The Software Company Engineering Co Board of Directors Former

As Chief Financial Officer for NaviSite, Jim Pluntze is responsible for all finance and administration functions within which include, due diligence for all acquisitions, asset reallocation, and fund raising efforts for the company. Mr. Pluntze is also a member of the Sarbanes-Oxley steering committee. Mr. Pluntze joined NaviSite in 2002 as the Chairman of the Audit Committee on the Board of Directors. In March of 2003, Mr. Pluntze moved to an operating role within the company as the acting Chief Financial Officer and held that position until May 2005 when he became the Sr. Vice President of Finance. During his time at NaviSite, Mr. Pluntze played a key role in NaviSite’s six acquisitions. Mr. Pluntze has over 20 years of experience in high level finance positions in several Massachusetts high tech companies.

Organization Position Status
NaviSite, Inc. Chief Financial Officer Current
NaviSite, Inc. Chairman Former
NaviSite, Inc. Board of Directors Former

As Senior Vice President of Hosting Services for NaviSite, Mark Clayman is responsible for ensuring that the Hosting Services organization meets the growing demands of our customers who depend on NaviSite to provide scalable, customer-centric application and managed services with prompt effectiveness and cost efficiency and everyday reliability. Mr. Clayman joined NaviSite through the acquisition of Surebridge, Inc., a Lexington, MA provider of application services where he served as Vice President and CIO, responsible for creating and managing the Hosting and Technology Group. He joined Surebridge in June 1999 through the acquisition of the Information Systems Department of The Berkshire Group, a holding company headquartered in Boston, MA. He worked as both the Help Desk Manager and then the Manager of Network Services at The Berkshire Group, providing infrastructure support and services to the individual subsidiaries, including two publicly-traded entities, of the parent company. Additionally, he was responsible for the overall network security and disaster recovery for The Berkshire Group's mission critical applications. Prior to working within the Information Systems Group, Clayman worked as a Corporate Accountant for The Berkshire Group, producing their quarterly and annual financial consolidations of the corporate entities for Senior Management and third-party auditors.

Organization Position Status
NaviSite, Inc. Vice President and CIO Current
Hosting Services Senior Vice President Current
Jupiter Hosting, Inc. Senior Vice President of Hosting Services Current
NaviSite, Inc. Senior Vice President, Service Delivery Current
Berkshire Group Help Desk Manager Former
The Berkshire Group Manager Former
Senior Management Corporate Accountant Former
The Berkshire Group Corporate Accountant Former
Information Systems Group, Inc. Former
Surebridge Former

Organization Position Status
NaviSite, Inc. CIO Current

As Chief Marketing Officer, Rathin Sinha is responsible for all marketing efforts for NaviSite, including brand development, communication, product marketing and design-execution of on-line and off-line marketing programs for lead generation, demand creation and brand awareness. Additionally, as President of the America's Job Exchange, a wholly owned subsidiary of NaviSite, Rathin is responsible for development and overall growth of this on-line career advertising portal leading all strategic and operational functions. Rathin brings more than twenty years of marketing and internet experience and a proven track record of growing high-tech and web-centric businesses. Prior to joining NaviSite, he served as the General Manager of the eCommerce division at Monster.com where he built and quickly expanded the direct to customer channel tripling revenue in less than four years. Earlier he was a Vice President of Marketing for Standard Register and held various eCommerce, strategy and product leadership positions at Kinko's, Mitchell Madison Group, and Honeywell respectively.

Organization Position Status
America's Job Exchange President Current
Jupiter Hosting, Inc. Chief Marketing Officer Current
NaviSite, Inc. Chief Marketing Officer Current
The Monster.Com General Manager Former

Organization Position Status
NaviSite, Inc. Executive Vice President, Sales, Marketing Current

Organization Position Status
NaviSite, Inc. Senior Vice President, Solutions Current

As Senior Vice President of Strategic Business Development, Jim Fanella is tasked with growing NaviSite's strategic business development program. This includes establishing new strategic alliances, new revenue streams, and repeatable solutions offerings to our partners' end customers. He will lead the charge to enable NaviSite's alliances to grow their small and medium-sized (SMB) customers specifically targeting managed Software as a Service (SaaS) offerings, messaging and hosted applications. Jim brings over 27 years of experience in the high tech industry with proven success in channel management and direct sales. Jim joins NaviSite most recently from Sun Microsystems, where he served as Vice President of Global Channels. Prior to joining Sun, Jim was Executive Vice President of worldwide sales, technical support, and professional services for Computer Network Technology, a $500 million storage networking company. In addition, he served as Yahoo!'s Senior Vice President of Global Enterprise Solutions, where he was responsible for leading over 20% of the company's worldwide revenue, including all portal, small business, streaming media, and collaboration solutions. Jim has been published in Insurance and Technology, Best Review, National Underwriter, and CPCU magazine and quoted in over 50 publications on topics ranging from the future of portals, premium content, and monetizing value on the Internet. He also served as Chairman of the American Management Association; as a member of the Board of Directors of Avatech; and as an executive mentor in the corporate Menttium program for junior executives.

Organization Position Status
NaviSite, Inc. Senior Vice President of Strategic Business Development Current
American Management Association Chairman Former

Organization Position Status
NaviSite, Inc. Senior Vice President, Prof Services Current

Organization Position Status
NaviSite, Inc. Vice President, Product Marketing Current

Organization Position Status
NaviSite, Inc. Reg Vice President, Sales, East Current

Organization Position Status
NaviSite, Inc. Vice President, Marketing Current

Organization Position Status
NaviSite, Inc. Vice President, HR Current

Organization Position Status
NaviSite, Inc. Reg Vice President, Sales, West Current

Organization Position Status
NaviSite, Inc. Vice President, Service Delivery Current

Organization Position Status
NaviSite, Inc. Vice President, Sales & Services Current

Organization Position Status
NaviSite, Inc. Vice President, Infrastructure Services Current

Organization Position Status
NaviSite, Inc. Vice President, Application Services Current

Organization Position Status
NaviSite, Inc. Director, Product Management Current

Organization Position Status
NaviSite, Inc. Director, Sales, Marketing Current

Organization Position Status
NaviSite, Inc. Director, Marketing Current

Organization Position Status
NaviSite, Inc. Senior Director of Content Delivery Services Current

Organization Position Status
Streaming Media, Inc. Director of Marketing for the Streaming Media Group Current
NaviSite, Inc. Current
Webcasting Director Former

Edward J. DiMaria joined Bankrate in April 2006. Prior to joining Bankrate, Mr. DiMaria has held Senior Vice President and Chief Financial Officer positions at Official Payments Corporation and Best Friends Pet Care, Inc. He also has a broad M&A and project management background, consulting with companies such as Jostens Intermediate Holdings, Inc., where he spearheaded an acquisition completed by KKR, as well as Financial Interactive, Inc., Navisite, Inc., and CorVu Corporation.

Organization Position Status
Bankrate, Inc. Senior Vice President, Chief Financial Officer Current
Aging Workforce News Senior Vice President, Chief Financial Officer Current
NaviSite, Inc. Current
Financial Interactive Current
CorVu Corporation Current
Official Payments Corporation Officer Former

Organization Position Status
NaviSite, Inc. General Counsel Current

In her role as Vice President, General Counsel and Secretary, Monique Cormier is responsible for overseeing all activities within NaviSite's legal department, which includes negotiation of contractual agreements, Securities and Exchange Commission compliance, litigation management, corporate governance and ethics and intellectual property. Ms. Cormier also provides counsel on corporate transactions and is a member of NaviSite's Sarbanes Oxley Steering Committee. Monique joined NaviSite in August of 2004 as Associate General Counsel, and was promoted to General Counsel in August of 2005. She began her career as a Corporate Associate with Testa, Hurwitz & Thibeault, LLP in Boston, MA, and has also worked as a Corporate Associate with the New York, NY law firms of Todtman, Nachamie, Spizz & Johns, LLP and Gunderson, Dettmer, Stough, Villeneuve, Franklin, & Hachigian, LLP, where she represented emerging technology companies and leading technology venture capital firms. Ms. Cormier is a member of the Massachusetts and New York Bar Associations.

Organization Position Status
NaviSite, Inc. Associate General Counsel Current

Organization Position Status
Aguirre Is Director, It Operations Current
NaviSite, Inc. Current

Andy is Managing Director of Bridgehouse Capital. He also serves as Chairman of NaviSite, Inc. and Chairman of Global Marine Systems, Ltd. He is also Managing Director of Atlantic Investments, LLC, an investment fund that acquired the assets of Colo.com in 2001 and purchased the assets of PSINet Europe, re-establishing that company as an Internet Infrastructure and Services leader in the European Union. Andy was a founding member and Chief Executive Officer of ClearBlue Technologies, Inc., a company started in 2000 with the purpose of acquiring Internet infrastructure companies. From 1998 through 2000, Andy was co-founder and Chief Executive of Global Switch, the world's largest carrier-neutral colocation company. Under his leadership, the company grew to 12 facilities in 9 countries, covering 3.7 million square feet. Andy has a strong background in property and telecommunications, with a highly successful history of entrepreneurship and business development in the commercial property sector. He founded The Kingspark Group in the United Kingdom in 1993, together with three partners, and was responsible for corporate acquisitions and development. The company became the largest commercial property provider in the UK over the following five years and was sold to Prologis in 1998. In 2001, Andy was named regional winner of the prestigious Ernst & Young Emerging Entrepreneur of the Year Awards.

Organization Position Status
Bridgehouse Capital Ltd. Managing Director Current
Atlantic Investments Managing Director Current
Atlantic Corporation Managing Director Current
NaviSite, Inc. Chairman Current
Jupiter Hosting, Inc. Chairman Current
NaviSite, Inc. CEO Former
Global Switch Chief Executive Former
Global Switch Co-Founder Former

Gabriel Ruhan currently serves as Managing Director of Global Marine Systems Ltd. He has served as a director of NaviSite since October 2002 and MD of the UK office since November 2004. From April 2004 until November 2004, Gabriel served as NaviSite's Chief Operating Officer, and from December 2002 until April 2003, Gabriel served as NaviSite's Executive Vice President for Business Development. Gabriel is also a director of Clear Blue Technologies. From 1998 to 2002, Gabriel was Corporate Development Director of Global Switch Group, a data center company in the United Kingdom.

Organization Position Status
Bridgehouse Capital Ltd. Managing Director of Global Marine Systems Ltd Current
Global Marine Systems Limited Managing Director Current
NaviSite, Inc. Director Current
NaviSite, Inc. Chief Operating Officer Former
NaviSite, Inc. Executive Vice President for Business Development Former

Array

Organization Position Status
Hamilton-Madison, Inc Managing Partner Current
Mitchell-Wright, LLC Principal Current
Williams College Current
Engyro Corporation Chairman Current
Entrust, Inc. Board of Directors Current
Abridean, Inc. Board of Directors Current
Jupiter Hosting, Inc. Director Current
NaviSite, Inc. Board of Directors Current
Edge Dynamics, Inc. Director Current
Xavier University Board of Directors Current
MarchFIRST President Former
Mitchell-Wright, LLC President Former
Managed Services, Inc President Former
MarchFIRST Senior Vice President Former
Mitchell-Wright, LLC Founder Former
Mitchell-Wright, LLC Managing Partner Former
University of Colorado MA In Economics Former
The Ohio State University MBA Former
United States Air Force Academy BS In Economics Former

Organization Position Status
Bridgehouse Capital Ltd. Board of Directors Current
NaviSite, Inc. Board of Directors Current
Global Marine Systems Limited Former

Organization Position Status
Bankrate, Inc. Chief Executive Officer Former
Bankaholic President, Chief Executive Officer and Director Current
Stickman Mastiffs President and CEO Current
NaviSite, Inc. Director Current
Bankrate, Inc. Board of Directors Current
Jupiter Hosting, Inc. Director Current
Official Payments Corporation CEO Former
Geocities CEO Former
Geocities President Former
U.S. News & World Report, L.P. President Former
U.S. News & World Report, L.P. Publisher Former
Official Payments Corporation Chairman Former
Arizona State University Bachelor of Science Degree In Business Administration Former

Executive News

  • Stop! It's a Bankrate Robbery

    Motley Fool - 7/23/09 - View Story

  • Bankrate to be taken private in deal with Apax

    Washington Post - 7/22/09 - View Story

  • Bankrate: Advertising slump to halve 2Q profit

    CNBC - 7/22/09 - View Story

  • UPDATE 1-Bankrate to go private in $571 mln buyout by Apax

    Reuters - 7/22/09 - View Story

  • Bankrate, Inc. Agrees to be Acquired by Apax Partners for $28.50...

    MSN Money - 7/22/09 - View Story

  • Bankrate Announces Preliminary Second Quarter Fiscal 2009 Results

    Stockwatch - 7/22/09 - View Story

  • Bankrate, Inc. Agrees to be Acquired by Apax Partners for $28.50 Per Share in Cash

    Stockwatch - 7/22/09 - View Story

  • NaviSite appoints SVP of service delivery and applications management

    TMC Net - 7/21/09 - View Story

  • NaviSite, Inc.: NaviSite Appoints Roger Schwanhausser as SVP of Service Delivery and Applications Management

    Market Wire - 7/20/09 - View Story

  • NaviSite Corrects Erroneous Information

    Forbes.com - 7/14/09 - View Story

  • BigBand Networks selects NaviSite's application management services

    TradingMarkets - 7/09/09 - View Story

  • NaviSite to Manage Hyperion Applications for BigBand Networks

    Reuters - 7/08/09 - View Story

  • NaviSite to Manage Hyperion Applications for BigBand Networks

    Broadcast Newsroom - 7/08/09 - View Story

  • NaviSite, Inc.: NaviSite to Manage Hyperion Applications for BigBand Networks

    Market Wire - 7/08/09 - View Story

  • NaviSite to Manage Hyperion Applications for BigBand Networks

    Yahoo! Canada - 7/08/09 - View Story

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     NAVI $2.04 +0.04 (2.00% )
Average Volume 93,297
Shares Outstanding 37.30M
Market Cap 76.1M
Year High 2.76
Year Low 0.01
Earnings Per Share -0.51
P/E Ratio -4.00
Dividend N/A
Yield N/A
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