BNET Industries

Market Cap:$5.3M
Last Fiscal Year Sales:$81.2M
  • Public
  • US
Dow Jones Description

Party Related Supplies, Information & Services

Chairman & CEO
Sal Perisano
Number of Employees 269
Contact Information

270 Bridge St

Dedham, Massachusetts 02026

www.iparty.com

(781) 329-3952

NAICS Code Computer Systems Design Services: 541512

News & Analysis

iparty corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Patrick Farrell President
David E. Robertson Cfo
Dorice Dionne Senior Vice President, Mds
Joseph S. Vassalluzzo Director

Board of Directors

Name (plus bio) Position
Sal Perisano Chairman & CEO
Eric Schindler Board of Directors
Frank Haydu Board of Directors
Lorenzo Roccia Board of Directors
Robert Jevon Board of Directors

Sal V. Perisano, age 57, has served as a director of iParty since 1998 and its Chief Executive Officer since 1999. Mr. Perisano served as Chairman of the Board and President of The Big Party Corporation from 1992 to 1998, and continued serving as a director until 2000. In 1981, he co-founded Videosmith, which became a leading video retailer in the Boston area. In 1989, Videosmith was sold to a publicly traded company called Xtravision PLC, which owned 250 stores throughout the U.K. and Ireland. Mr. Perisano stayed on as a director and was later named Chief Executive Officer of the parent company, which was subsequently acquired by Blockbuster Video. Mr. Perisano holds a bachelor s degree from Boston College and a master s degree from Harvard University. Mr. Perisano is married to Ms. Dorice Dionne, who is employed by iParty as its Senior Vice President, Merchandising and Marketing.

Organization Position Status
Iparty Retail Stores Corp Chief Executive Officer, Director Current
iParty Corp. Chairman & CEO Current
Iparty Retail Stores Corp Chairman of the Board and Chief Executive Officer (Principal Executive Officer) Current
Iparty Retail Stores Corp President Former
Videosmith, Inc. Co-Founder Former
iParty Corp. Board of Directors Former
Harvard University M.A. Former
Boston College B.A. Former

Organization Position Status
iParty Corp. President Current
Arthur Andersen LLP Audit Senior Former
New York University M.B.A. Former

Mr. Robertson joined iParty as Chief Financial Officer in April 2007, bringing with him over twenty years of experience in the financial management of retail companies. After starting his career in the audit division of Ernst & Young, he worked in a variety of accounting, audit and financial capacities at Zayre Corp., Lechmere Inc. and Kitchen, Etc. Inc., where he served as Vice President and Chief Financial Officer from 1999 to 2005. Between 2005 and joining us in April 2007, Mr. Robertson was employed as a private consultant primarily doing Sarbanes-Oxley compliance testing and analysis of financial controls for both public and private companies. Mr. Robertson is a CPA, a graduate of Harvard College, and holds an MS in Professional Accountancy from Northeastern University.

Organization Position Status
iParty Corp. Cfo Current

Ms. Dionne has been our Senior Vice-President, Merchandising since April 1999. She co-founded The Big Party with her husband, Sal Perisano, in 1992 in Boston. She served as chief merchant and creative director of the Big Party and has been involved in the party retailing industry since 1985. She is a graduate of Boston College.

Organization Position Status
iParty Corp. Senior Vice President, Mds Current

Eric Schindler has served as a director of iParty since 2003. Mr. Schindler serves as CEO of ESSA, a medical aesthetics group in Argentina since 2007. Before 2007, Mr. Schindler headed the investment banking division at Calyon Securities (USA) Inc., which was formerly known as Crédit Lyonnais Securities (USA) Inc. Before joining Crédit Lyonnais Securities in 1995, Mr. Schindler was employed by Crédit Lyonnais La Défense in France, and was responsible for a team of senior bankers for the bank’s global relationships with multinational corporations in the infrastructure, engineering, telecommunications, transportation, auto parts, and information systems sectors. Prior to this position, from 1989 to 1992, Mr. Schindler was a Vice President responsible for Latin American debt restructurings and debt/equity swaps. He also headed the investment banking activities at Crédit Lyonnais Argentina from 1987 to 1989. Mr. Schindler is a former director of Crédit Lyonnais Securities in New York and Crédit Lyonnais in Brazil. Mr. Schindler has a National Public Accountant degree from Universidad Católica Argentina and a B.A. in two languages with a specialization in Economic Sciences from Académie de Poitiers.

Organization Position Status
iParty Corp. Board of Directors Current

Organization Position Status
Moldflow Corporation Corporate Director Current
Global Life Science Ventures AG Director, Chairman of the Audit Committee Current
CombinatoRx, Incorporated Director, Chairman of the Audit Committee Current
Foundation Medical Partners L.P. Director, Chairman of the Audit Committee Current
Charley's Fund, Inc. Director, Chairman of the Audit Committee Current
Iparty Retail Stores Corp Chairman Current
Source Mdx Executive Chairman Current
Moldflow Corporation Chairman Current
iParty Corp. Board of Directors Current
Albany Molecular Research, Inc. Director Current
Kidder, Peabody & Co. Managing Director Former
Education, Inc. Interim Commissioner Former
Iparty Retail Stores Corp Director Current
Muhlenberg College B.A. In Economics Former
Foundation Medical Partners L.P. Member Former
Moldflow Corporation Director Former

Organization Position Status
Life Time Fitness Corporate Wellness Director of the Company Current
Iparty Retail Stores Corp Board of Directors Current
Simple Aesthetics, LLC Senior Board Member Current
Life Time Fitness Corporate Wellness Board of Directors Current
Life Time Fitness, Inc. Board of Directors Current
Apfed Director Current
iParty Corp. Director Current
Life Time Fitness Corporate Wellness Committee Member Current
Federal Realty Investment Trust independent Director Former
Mobile Co Former
Zoots Corporation Director Former
Staples, Inc. Vice Chairman Former
Temple University MBA Former
The Pennsylvania State University BS Degree In Marketing Former

Organization Position Status
Simple Aesthetics, LLC Chairman and Chief Executive Officer of Roccia Venture Partners Current
iParty Corp. Board of Directors Current
Venture Services Group Board of Directors Former
Venture Services Group Member Former

Robert W. Jevon, Jr. has served as a director of iParty since 2006 and previously served as a director of iParty from 2000 to 2001. Since 2000, Mr. Jevon has served as a Partner of Boston Millennia Partners, LP, a venture capital firm, having first joined the firm in 1997 as a Principal. Mr. Jevon’s primary investment focus is business services, health care and life sciences. Mr. Jevon currently serves on the Board of Directors of Athenix Corp., MedAptus, Inc. and PHT Corporation. Prior to his current position, Mr. Jevon was a Venture Affiliate of Boston Capital Ventures from 1995 to 1996 and was a Principal of Watch Hill Corporation from 1993 to 1995. From 1989 to 1992, he was the Controller of Bolt Beranek & Newman’s Communications Division. He is a graduate of Haverford College and holds an M.B.A. from Amos Tuck School at Dartmouth College.

Organization Position Status
iParty Corp. Board of Directors Current

Executive News

  • iParty Corp. Renews Three Year Credit Agreement with Wells Fargo

    Reuters - 7/06/09 - View Story

  • iParty Corp. Renews Three Year Credit Agreement with Wells Fargo

    Business Wire - 7/06/09 - View Story

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     IPT $0.24 -0.00 (-1.42% )
Average Volume 35,149
Shares Outstanding 22.73M
Market Cap 5.4M
Year High 0.34
Year Low 0.03
Earnings Per Share -0.01
P/E Ratio -23.66
Dividend N/A
Yield N/A
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