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 RamNumber of Employees 44
Contact Information
4350 Executive Dr Ste 100
San Diego, California 92121-4204
(858) 373-1600
Peer Companies
NAICS Code Other Electronic Parts and Equipment Merchant Wholesalers: 423690
Recent Events
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InfoSonics Generates Six-Figure Profit From Latin America
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InfoSonics Unveils the i280 verykool TV Phone InfoSonic's verykool i280 TV phone. www.verykool.net (Graphic: Business...
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InfoSonics Unveils The I280 Verykool TV Phone - Quick Facts
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InfoSonics Introduces the i280 verykool TV Phone
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InfoSonics Reports Second Quarter 2009 Financial Results
News & Analysis
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infosonics corp. and nasdaq stock market inc. - All News and Analysis
InfoSonics Compliance Period for NASDAQ Minimum Bid Price Rule Extended Three Months
SAN DIEGO -- InfoSonics Corporation (NASDAQ:IFON), one of the premier providers and distributors of wireless handsets and accessories serving Latin America, announced today that it received a NASDAQ letter (the "Notice") dated October 22, 2008 indicating that NASDAQ has suspended, for a three month period, the enforcement of the rule...
Infosonics Corp
Infosonics Corp. was notified that it is not in compliance with Nasdaq's minimum bid regulation of $1 per share, and has until Jan. 6 to comply or be delisted. Send any news of San Diego-based public companies to Mike Allen via e-mail at mallen@sdbj.com. He can be reached at...
InfoSonics Corp
InfoSonics Corp.'s management rang the bell to open the May 31 session at the Nasdaq national market exchange in New York. Send any news of local public companies to Mike Allen via e-mail at mallen@sdbj, com. He can also be reached at (858) 277-6359.
Breaking News Alert DRGV! January 31, 2007.
M2 PRESSWIRE-31 January 2007-Wall Street Capital Funding LLC: Breaking News Alert DRGV! January 31, 2007C1994-2007 M2 COMMUNICATIONS LTD RDATE:31012007 Weston, FLA. - Wall Street News Alert's "stocks to watch" this morning are: Dragon Capital Group Corporation (OTC: DRGV), Commerce...
Hot Stocks to Watch! August 31, 2006.
M2 PRESSWIRE-31 August 2006-Wall Street Capital Funding LLC: Hot Stocks to Watch! August 31, 2006C1994-2006 M2 COMMUNICATIONS LTD RDATE:31082006 Weston, FLA. - Wall Street News Alert's "stocks to watch" this morning are: Texxon Inc. (OTCBB: TXXN), AnorMED Inc. (AMEX: AOM), PTS...
Tuesday's Hot Stocks to Watch! August 15, 2006.
M2 PRESSWIRE-15 August 2006-Wall Street Capital Funding LLC: Tuesday's Hot Stocks to Watch! August 15, 2006C1994-2006 M2 COMMUNICATIONS LTD RDATE:15082006 Weston, FLA. - Wall Street News Alert's "stocks to watch" this morning are: Quantech Electronics Corporation (OTC: QTCE), The Mills...
Could Global diversified be the next big company? : GDVI, TESS, IFO, AVT.
M2 PRESSWIRE-2 August 2005-InvestSource Inc.: Could Global diversified be the next big company? : GDVI, TESS, IFO, AVTC1994-2005 M2 COMMUNICATIONS LTD RDATE:02082005 Stocks in the News: Global Diversified Industries, Incorporated (OTC: GDVI), Tessco Technology (NASDAQ: TESS), InfoSonics Corporation (AMEX: IFO),...
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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 |


