BNET Industries

Market Cap:$9.9M
Last Fiscal Year Sales:$15.8M
  • Public
  • US
Dow Jones Description

We and our predecessor companies have operated since 1973, and our securities have been publicly traded since 1981. Since the early 1980s, we have conducted our operations principally through wholly and majority owned subsidiaries or minority owned affiliates to which we devote extensive management resources. Depending upon the needs of each company, we may undertake a variety of roles including day-to-day management of operations, board of director participation, financing, market planning, strategic contract negotiations, personnel and administrative roles, and similar functions. Our current operations are conducted principally through two consolidated subsidiaries: CoreCard Software, Inc. (CoreCard) and ChemFree Corporation (ChemFree). We own 100 percent of ChemFree and 95 percent of CoreCard. We also have two wholly-owned subsidiaries, CoreCard SRL and ISC Software in Romania and India, respectively, that perform software development and testing for CoreCard. Our affiliate companies (in which we have a minority ownership) are mainly involved in the information technology industry.

Number of Employees 260
Contact Information

4355 Shackleford Rd

Norcross, Georgia 30093

intelsys.com

(770) 381-2900

NAICS Code Other Computer Peripheral Equipment Manufacturing: 334119

Recent Events

  • Intelligent Systems Announces Third Quarter 2009 Results

    11/12/09 - Financial Announcement - View Story

  • Dragon Quest Wars now available on DSiWare

    10/02/09 - Joint Venture / Alliance - View Story

Decision Makers

Name (plus bio) Position
H Gregory Silber CEO
J. Leland Strange Chief Executive Officer
Bonnie Herron Chief Financial Officer
Bill Goodhew Vice President
Francis A. Marks Vice President
J William Goodhew Vice President
Arthur Graesser Co-Director of the Institute
Ulrike Gretzel Director of the Laboratory
Marcy Powers Manager, HR
Augustine O. Esogbue Professor
John B. Peatman Professor of Engineering, Georgia Technology

Board of Directors

Name (plus bio) Position
Parker H. Petit Chairman & CEO of Matria Healthcare, Inc.
James V. Napier Board of Directors

Organization Position Status
Intelligent Systems Corporation CEO Current
Intelligent Systems Corporation President Current
Theaterxtreme Board of Directors Current
University of Delaware Master of Science Degree Former

Mr. Strange is Chairman of the board of directors, Chief Executive Officer and President of Intelligent Systems Corporation and has been with that company since its merger with Quadram Corporation in 1982. Mr. Strange is Chairman of the Georgia Tech Research Corp. He serves on the advisory board of the Georgia Institute of Technology s College of Management.

Organization Position Status
Intelligent Systems Corporation Chief Executive Officer Current
Intelligent Systems Corporation Chairman of the Board of Directors Current
Alliance Technology Ventures Advisory Board Current
Mercer University Marketing Professor Former
The Gwinnett Chamber of Commerce Board Member Former
Georgia State University M.B.A. Former
Allied Holdings, Inc. Board of Directors Former

Organization Position Status
Matria Healthcare, Inc. Chairman of the Board and Chief Executive Officer Current
Logility, Inc. Director Current
Intelligent Systems Corporation Director Current
Amex, Inc Director Current
Intelligent Systems Corporation Chairman & CEO of Matria Healthcare, Inc. Former
Norrell Corporation Board of Directors Former
Atlantic Southeast Airlines Inc. Board of Directors Former
Matria Healthcare, Inc. Board of Directors Former

Bonnie L. Herron is Chief Financial Officer, Vice President and Corporate Secretary of Intelligent Systems Corporation with responsibility for financial and SEC reporting, legal and contract matters, strategic planning, corporate governance and due diligence. Ms. Herron is also Executive Director of the Gwinnett Innovation Park, the company's incubator facility. In April 2005, Ms. Herron was named "Woman of the Year in Technology" for businesses under $500 million by the Woman in Technology Association in Georgia, in recognition of her many years of leadership in and contribution to the technology industry and its entrepreneurs. Ms. Herron is past chair and a two term member of the board of directors of the National Business Incubation Association. She sits on the board of the Atlanta Venture Forum, the Steering Committee of the Gwinnett Technology Forum and on the board of directors of several of the Company’s private ventures. She is a past director of the American Electronics Association (Southeast chapter), the Technology Association of Georgia and the Advisory Council of Georgia's Intellectual Capital Partnership Program and past chair of the Growth Capital SIG and Entrepreneurial SIG. Prior to her present position, Ms. Herron was the General Manager of Datavue Corporation, Director of Planning at Quadram Corporation and Director of Planning at Intelligent Systems Corporation. Ms. Herron spent 10 years as a Director of Athletics at several secondary schools in Ontario, Canada. Ms. Herron received a B.A. in education and a B.A. in physical education from the University of Toronto and a M.B.A. from Mercer University.

Organization Position Status
Intelligent Systems Corporation Chief Financial Officer Current
Lawdocsxpress, Inc. Chief Financial Officer Current
Intelligent Systems Corporation Vice President Current
Possible Woman Enterprises, Inc. Chief Financial Officer and Vice President of Intelligent Systems Corporation Current
Gwinnett Innovation Park Executive Director Current
American Electronics Association Past Director Current
Intelligent Systems Corporation Board of Directors Current
Atlanta Venture Forum Board of Directors Current
Technology Association of Georgia, Inc. Board of Directors Former
Intelligent Systems Corporation Director of Planning Former
Growth Capital Corp past director Former
Intelligent Systems Corporation Corporate Secretary Former
Gwinnett Innovation Park Sponsor Former
American Electronics Association Director Former
Athletic's Incorporated Director Former
Mercer University M.B.A. Former
University of Toronto B.A. In Education Former
Mercer University B.A. In Education Former
University of Toronto Degree Former

J. William (Bill) Goodhew is Vice President of Intelligent Systems Corporation. In 1995, Mr. Goodhew was inducted into the Georgia Technology Hall of Fame. He was named Entrepreneur of the Year in 1990 and Software Executive of the Decade in 1993 by the Southeastern Software Association. Mr. Goodhew is immediate past Chairman of the Georgia Tech Alumni Association. Prior to joining Intelligent Systems Corporation in 1997, Mr. Goodhew was President of Peachtree Software, a former Intelligent Systems company, which was sold to ADP in 1994. Prior to Peachtree, Mr. Goodhew was Vice President of Management Science America. He also held positions with Honeywell Inc. prior to joining MSA. Mr. Goodhew served as Chairman of the Board of Directors of Navision Software A/S, a publicly traded software company headquartered in Denmark, now owned by Microsoft. He has also served as a director of publicly traded Ross Systems, Inc. Mr. Goodhew has served as Vice Chairman of the Board of Directors of the Software Publishers Association, Chairman of the Board of Advisors of Georgia Tech’s College of Computing, Chairman of the southeast division of the American Electronics Association, Director of the Technology Association of Georgia and Director of several private companies. Goodhew received a B.S. in Industrial Management from Georgia Institute of Technology.

Organization Position Status
Intelligent Systems Corporation Vice President Current
Corecard Board of Directors Current
Ross Systems, Inc. Director Current
Peachtree Software, Inc. President Former
Management Science America, Inc. Vice President Former
American Electronics Association Chairman Former

Mr. Marks is also President of ChemFree Corporation, a company in which Intelligent Systems is the majority investor. Mr. Marks joined Intelligent Systems in 1982 as Vice President of Product Line Planning. He has held executive roles at both domestic and international companies in which ISC had held financial interests. For the past five years, Mr. Marks' main responsibility has been for all aspects of the ChemFree operation. Prior to joining the Company, Mr. Marks spent 26 years at IBM where he held executive positions including Director of Organization, Director of Product Programs and Director of Application Development. Mr. Marks is active in community affairs, having served on the advisory councils of the Salvation Army Boys and Girls Clubs of Metro Atlanta, Smith Foundation Boys Scouts of America, and local school and civic associations. Mr. Marks received a B.S. in Economics from the Wharton School at the University of Pennsylvania.

Organization Position Status
Chemfree Corporation President Current
Intelligent Systems Corporation Vice President Current
Isc, Inc. Current
Peachtree Software, Inc. President Former
Wharton Graduate School of the University of Pennsylvania B.S. In Economics Former
University of Pennsylvania B.S. In Economics Former

Organization Position Status
Intelligent Systems Corporation Vice President Current
Gwinnett Innovation Park Vice President of Intelligent Systems Corporation Current
Gwinnett Innovation Park Board of Directors Current
CoreCard Software, Inc. Board of Directors Current
Peachtree Software, Inc. President Former
Management Science America, Inc. Vice President Former
Intelligent Systems Corporation Plant Manager Former
Honeywell Corporation Former
Georgia Tech Alumni Association Chairman Former
American Electronics Association Chairman Former
Ross Systems, Inc. Director Former
Technology Association of Georgia, Inc. Director Former

Array

Organization Position Status
Intelligent Systems Corporation Co-Director of the Institute Current
University of Memphis Adjunct Professor Current
University of California, San Diego Ph.D. In Psychology Former

Dr. Gretzel is an Assistant Professor at the Department of Recreation, Park & Tourism Sciences at Texas A&M University and Director of the Laboratory for Intelligent Systems in Tourism. She received her Ph.D. in Communication from the University of Illinois at Urbana-Champaign and holds a Masters degree in International Business from the Vienna University for Economics and Business Administration. Her research focuses on persuasion in human-technology interaction, the representation and strategic marketing of sensory and emotional aspects of tourism experiences, and issues related to the development and use of intelligent systems in tourism to support travelers' information search and decision-making processes. In addition, she studies the motivations, attitudes and behaviors of consumer communities, including RV travelers.

Organization Position Status
Intelligent Systems Corporation Director of the Laboratory Current
Adventgx, Inc. Board of Directors Current

Organization Position Status
Intelligent Systems Corporation Manager, HR Current

Organization Position Status
Intelligent Systems Corporation Professor Current
Systems Engineering Professor Current
Customized Therapeutics LLC Current
Intelligent Systems Corporation Director Current
Leadamerica Board of Directors Current
Systems Engineering Director Current
University of Southern California Doctor of Philosophy, Engineering-Operations Research and Control Theory Former
Columbia University Master of Science, Industrial Engineering and Operations Research Former

Organization Position Status
Intelligent Systems Corporation Professor of Engineering, Georgia Technology Current
Amex, Inc Director Current
Intelligent Systems Corporation Director Current

Organization Position Status
Scientific-Atlanta, Inc. Director Current
McKesson Corporation Board of Directors Current
Westinghouse Air Brake Technologies Corporation Director Current
The American Stock Exchange LLC Director Current
Intelligent Systems Corporation Board of Directors Current
Vulcan Materials Company Board of Directors Current
Scientific-Atlanta, Inc. Chairman of the Board Former
Systems, Inc. Director Former
BASF Catalysts LLC Board of Directors Former

Executive News

  • Intelligent Systems Completes Rights Offering

    Reuters - 7/20/09 - View Story

  • Intelligent Systems Completes Rights Offering

    MSN Money - 7/20/09 - View Story

  • Intelligent Systems rights offering done

    Atlanta Business Chronicle - 7/20/09 - View Story

  • Intelligent Systems Corporation Plans Investor Conference Call and Presentation

    Reuters - 7/02/09 - View Story

  • Intelligent Systems Corporation Plans Investor Conference Call and...

    MSN Money - 7/02/09 - View Story

  • CoreCard Software Releases White Paper on Meeting the Challenges of Todays Prepaid Market

    Business Wire - 6/25/09 - View Story

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     INS $1.11 +0.01 (0.91% )
Average Volume 2,890
Shares Outstanding 8.96M
Market Cap 9.9M
Year High 26.19
Year Low 0.55
Earnings Per Share -0.42
P/E Ratio -2.64
Dividend N/A
Yield N/A
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