BNET Industries

Market Cap:$19.4M
Last Fiscal Year Sales:$213.2M
  • Public
  • US
Dow Jones Description

We are one of the premier distributors and providers of wireless handsets and accessories in Central and South America. We provide end-to-end handset and wireless terminal solutions for carriers in both Central and South America. We distribute products of original equipment manufacturers (OEMs), including Samsung and others. We are also involved in the designing, sourcing and distributing of a proprietary line of products under our own verykool ® brand, which includes entry level, mid-tier and high-end products. Our corporate headquarters is in San Diego, California. From our sales facility in Miami, Florida, we operate a warehouse and distribution center for our customers in Central and South America. We have wholly-owned subsidiaries in Central and South America, which conduct some of our business activities in their respective regions of Central and South America. Our distribution and solution services include product testing, approval and certification, warehousing, logistics services (packing, shipping and delivery), marketing campaigns, warranty services and end-user support. These services are provided for (OEMs) and our verykool ® branded wireless handsets and accessories, in order to facilitate sales to network carriers, agents, resellers, distributors, independent dealers and retailers in Central and South America. ...

Chief Executive Officer, President and Director
Joseph Ram
Number of Employees 44
Contact Information

4350 Executive Dr Ste 100

San Diego, California 92121-4204

www.infosonics....

(858) 373-1600

NAICS Code Other Electronic Parts and Equipment Merchant Wholesalers: 423690

Recent Events

  • InfoSonics Generates Six-Figure Profit From Latin America

    11/17/09 - Financial Announcement - View Story

  • InfoSonics Unveils the i280 verykool TV Phone InfoSonic's verykool i280 TV phone. www.verykool.net (Graphic: Business...

    10/02/09 - Product Announcement - View Story

  • InfoSonics Unveils The I280 Verykool TV Phone - Quick Facts

    10/02/09 - Product Announcement - View Story

  • InfoSonics Introduces the i280 verykool TV Phone

    10/10/09 - Product Announcement - View Story

  • InfoSonics Reports Second Quarter 2009 Financial Results

    8/13/09 - Financial Announcement - View Story

News & Analysis

infosonics corp. and nasdaq stock market inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Joseph Ram Chief Executive Officer, President and Director
Jeffrey Klausner Chief Financial Officer
Abraham Rosler Executive Vice President
Christian Camacho Vice President of Finance and Operations
Joe Murgo Vice President of Sales & Marketing
Josh Haims Vice President of Finance and Operations
Timmy Monico Vice President of North America
Michael Kropko E-Commerce Manager

Board of Directors

Name (plus bio) Position
Kirk A. Waldron Chairman
Randall P. Marx Chairman
Robert S. Picow Board of Directors

Since InfoSonics’ founding in 1994, Mr. Ram has built the company to be one of the premier providers and distributors of wireless handsets and accessories serving Latin America His foresight in responding to ever-changing market conditions allowed him to capitalize on the different opportunities in the marketplace and grow with great success. In June of 2004, ten years after he founded the company, InfoSonics became publicly traded on the American Stock Exchange. Prior to founding the company, Mr. Ram served as a captain in the Israeli army. He attended Tel Aviv University where he studied economics and business management. Mr. Ram has held international purchasing and sales management positions in the telecommunications industry both internationally and domestically.

Organization Position Status
Infosonics Corporation Chief Executive Officer, President and Director Current
Infosonics Corporation Founder, President & CEO Current
Infosonics Corporation Board of Directors Current
Tel Aviv University Former

Prior to InfoSonics, Mr. Klausner was responsible for financial management of Cable & Wireless's Content Delivery Network, including caching and streaming. He was also a key financial executive involved in over $3.5 billion of Merger and Acquisitions activities. Prior to his work at Cable & Wireless, he was Corporate Controller for Sandpiper Networks, which later merged with Digital Island and was acquired by Cable & Wireless. Mr. Klausner started his career with Coopers & Lybrand in the technology and entertainment practice in Los Angeles. Mr. Klausner holds a Bachelors of Science in Management from Tulane University, and is a CPA in California.

Organization Position Status
Infosonics Corporation Chief Financial Officer Current
Digital Island Corporate Controller Former
Sandpiper Networks, Inc. Corporate Controller Former
Tulane University Bachelor of Science In Management Former
PricewaterhouseCoopers Former
Tulane University Bachelor of Science In Management Former

Organization Position Status
Infosonics Corporation Executive Vice President Current
Infosonics Corporation Director of Purchasing Current
Infosonics Corporation Board of Directors Current
University of Nevada, Las Vegas Bachelor of Science In Hotel and Restaurant Management Former
University of Nevada, Las Vegas Bachelor of Arts Degree Former
University of Nevada, Las Vegas Degree Former

Organization Position Status
Infosonics Corporation Vice President of Finance and Operations Current
Infosonics Corporation Commercial Director of Latin America Current
Infosonics Corporation Founder Former
Brightstar Corp. Former

Organization Position Status
Infosonics Corporation Vice President of Sales & Marketing Current
Infosonics Corporation Marketing Executive Current
Brightpoint, Inc. Director of the Best Performing Sales Team Former
Ericsson, Inc. account manager Former

Organization Position Status
Infosonics Corporation Vice President of Finance and Operations Current

Organization Position Status
Infosonics Corporation Vice President of North America Current
CLST Holdings, Inc. Vice President of Sales Former

Organization Position Status
Infosonics Corporation E-Commerce Manager Current
Medical Transcription Education Center, Inc. Webmaster Current
QUALCOMM Incorporated Current
The Ohio State University Bsba Former

Organization Position Status
Infosonics Corporation Chairman Current
Infosonics Corporation Director Current
AML Communications, Inc. Chief Executive Officer Former
Smtek Senior Vice President, Chief Financial Officer Former
University of Southern California Bachelor of Science in Business Administration Former

Organization Position Status
Infosonics Corporation Chairman Current
Infosonics Corporation Director Current
ARC Wireless Solutions Inc. CEO & Secretary Former
Lloyd's Electronics, Inc. President Former
ARC Wireless Solutions Inc. Director Former

Mr. Picow has served as a Director of the Company since March 2001. Since May 2004 he has served as Chairman of Cenuco, Inc., a public communications technology company. From June 1996 to August 1997, he served as the Vice Chairman of Brightpoint, Inc., a publicly traded communications company and was its President from June 1996 until October 1997. In 1981 Mr. Picow founded Allied Communications, Inc., the pioneer U.S. wireless electronics distributorship, serving 16 years as its Chairman, Chief Executive Officer and President until the 1996 merger of Allied and Brightpoint. Since June 2001 he has served a Director of Fundamental Management Corporation, a private fund management company whose partnerships represent the largest holding in the Company. He is also a Director of Infosonics Corporation, a multinational telecommunications company, and serves on the Board of Trustees for the Children’s Place at Homesafe.

Organization Position Status
SMF Energy Corporation Board of Directors Current
Fundamental Management Director Current
Infosonics Corporation Board of Directors Current
Allied Communications Inc. Chief Executive Officer Former
Cenuco, Inc. Chairman Former
American Telecom Services, Inc. Board of Directors Former
Brightpoint, Inc. Vice Chairman Former
Brightpoint, Inc. Director Former
Ascendia Brands, Inc. Director Former
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     IFON $1.37 +0.07 (5.39% )
Average Volume 107,474
Shares Outstanding 14.18M
Market Cap 19.4M
Year High 2.74
Year Low 0.101
Earnings Per Share -0.32
P/E Ratio -4.28
Dividend N/A
Yield N/A
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