BNET Industries

Market Cap:$2.8M
Last Fiscal Year Sales:$16.5M
  • Public
  • US
Dow Jones Description

We are a provider of document and information handling software solutions that control document-based business communications and integrate paper and electronic documents into enterprise information systems and workflows. Our software products streamline the capture, conversion and communication of both paper and electronic information, enabling fast, secure and simultaneous distribution to multiple destinations in multiple formats. Business Despite a decline in our AccuRoute ® software license revenue during the three- and nine-month periods ended September 30, 2008, due in part to the soft economic conditions, total AccuRoute revenue, which includes software license and service and other revenue, increased by 11% and 10%, respectively, as compared to the same periods in 2007. These increases reflect a larger installed customer base as compared to that of 2007. We plan to invest further in our partner relationships, building upon the recent close of a contract valued in excess of $1.0 million through one of our large partners, which contract is classified as deferred revenue for the current quarter. Challenges we face as we seek to expand our business include expanding our sales in the legal and professional services, healthcare and financial services vertical markets; promoting our products and technologies through reseller and marketing relationships with leading multi-function device providers; and improving our results outside of the United States. ...

Chairman of the Board, Omtool, Ltd., President and Chief Executive Officer
Robert L. Voelk
Number of Employees 84
Contact Information

6 Riverside Dr

Andover, Massachusetts 01810

www.omtool.com

(978) 327-5700

NAICS Code Custom Computer Programming Services: 541511

News & Analysis

omtool ltd. - All News and Analysis

Decision Makers

Name (plus bio) Position
James J Scharpf Executive Vice, President, Sales
Daniel A. Coccoluto Chief Financial Officer
Thaddeus Bouchard Chief Technology Officer
Karen Cummings Executive Vice President, Sales and Marketing
Richard D. Cramer Senior Vice President of Worldwide Sales, Centra
Christopher Degnan Vice President, Legal Sales
Claudia Skilton Vice President, Customer Services
Cynthia R Hanssen Vice President, Enterprise Sales
Eamonn Doyle Vice President, IT
Jason Doris Vice President of Channel Sales
Scott Dockendorff Vice President, Marketing
Steve ONeill Vice President, Business Dev
Martin A. Schultz Founder
William J. Rynkowski Senior Vice President and Director
Ann Taylor Manager, HR
Neil Cuevas Emea Business Development Manager
Patricia Finn Manager, Marketing Communications
Michael Rapoport
Arnold E. Ditri Director
William J. Drummey Director

Board of Directors

Name (plus bio) Position
Robert L. Voelk Chairman of the Board, Omtool, Ltd., President and Chief Executive Officer
James P. O'Halloran Chairman, Audit Committee
Andrew E Leitz Board of Directors
J William Jr Board of Directors
James O Halloran Board of Directors

Organization Position Status
Omtool, Ltd. Chairman of the Board, Omtool, Ltd., President and Chief Executive Officer Current
Omtool, Ltd. Co-Founder Current
International Trade, Inc. Executive Vice President Former
Omtool, Ltd. Executive Vice President Former
ASA International Ltd. Board of Directors Former

Organization Position Status
Omtool, Ltd. Executive Vice, President, Sales Current
Omtool, Ltd. Executive Vice President, Sales Former

Organization Position Status
Omtool, Ltd. Chief Financial Officer Current
Omtool, Ltd. Secretary Current
Omtool, Ltd. Corporate Controller Former
Omtool, Ltd. Treasurer and Secretary Former

An 18-year veteran of the software and hardware industry, Thaddeus Bouchard is responsible for directing all aspects of technology, business-process improvement, system development and strategic partner alliances. He brings extensive systems development and information management expertise along with a wealth of project-management experience. Bouchard joined Omtool in 1998 as director of product management and quickly rose to vice president of products in 1999. Previously, Bouchard was founder and CEO of NetValu Corp., a Web-based provider of technology and services for profiling the interests of Internet users. Thaddeus has also held product-management, marketing and engineering positions for AT&T and Lotus Development Corp.

Organization Position Status
Omtool, Ltd. Chief Technology Officer Current
Omtool, Ltd. Director of Product Management Current

Organization Position Status
Channel Marker Consulting Group Executive Vice President, Marketing Current
Omtool, Ltd. Executive Vice President, Sales and Marketing Current
Spinnaker Consulting Group Strategic Marketing Consultant Current
Metatomix, Inc. Chief Marketing Officer Former
Metatomix, Inc. Executive Vice President Former
Sandybay Networks, Inc Vice President, Marketing Former
Systemsoft LLC Vice President of Marketing and Business Development Former
Advanced Visual Systems Inc. Vice President, Marketing and Business Development Former
Quickbuy, Inc Vice President, Marketing and Business Development Former

Organization Position Status
Omtool, Ltd. Senior Vice President of Worldwide Sales, Centra Current
Mobilizetour Senior Vice President Global Operations Current
Omtool, Ltd. Board of Directors Current
Veridiem, Inc. Chief Executive Officer Former
Veridiem, Inc. President Former
Avid Technology, Inc. Executive Vice President Former
Centra Software, Inc. Senior Vice President of Worldwide Sales and Marketing Former
CenTra, Inc. Senior Vice President of Worldwide Sales & Marketing Former
Centra Software, Inc. Vice President, Sales and Marketing Former
Saba Software Inc. Vice President Former

With vast sales experience in both document capture and routing products as well as the legal vertical market, Christopher Degnan leads the legal team as vice president of legal sales for Omtool. Chris is uniquely positioned to provide insight and direction for the company's legal sales team as it further penetrates this vertical market. Degnan was most recently vice president of legal sales at ImageTag, a developer of digital capture solutions. Previously, Chris was at Interwoven (formerly iManage) as the regional vice president of Eastern sales where he was responsible for direct, third-party and inside sales teams. Earlier in his career, he served as national sales director for Niku Corp. and vice president and general manager of Hummingbird Communications. He has also held senior sales positions at Wang Laboratories and United Technologies.

Organization Position Status
Omtool, Ltd. Vice President, Legal Sales Current
Imagetag, Inc. Vice President of Legal Sales Former
Niku Corporation Sales Director Former

Claudia Skilton leads Omtool's global efforts in delivering specialized services to customers. Combining more than two decades of technical expertise with an unwavering commitment to provide timely solutions that meet the growing needs of each customer, Skilton oversees all aspects of customer relations including service, support, software quality assurance, documentation and training. Prior to Omtool, Skilton spent more than 20 years at Digital Equipment Corporation in a variety of engineering positions.

Organization Position Status
Omtool, Ltd. Vice President, Customer Services Current

Organization Position Status
Omtool, Ltd. Vice President, Enterprise Sales Current

Organization Position Status
Omtool, Ltd. Vice President, IT Current
Omtool, Ltd. Manager Former

As Vice President of Channel Sales, Jason Doris drives Omtool's overall partner-related sales strategy and direction. Jason's experience with Omtool has included the management of inside sales before becoming the director of business development and most recently, vice president of sales for Americas. Jason has held a variety of direct sales and channel management positions with 3M Touch Systems and PC Connection.

Organization Position Status
Omtool, Ltd. Vice President of Channel Sales Current
Omtool, Ltd. Ww Partner Development Manager With Hewlett, Packard Current
Omtool, Ltd. Director of Business Development Former
3M Touch Systems, Inc Former

Organization Position Status
Omtool, Ltd. Vice President, Marketing Current

Organization Position Status
Omtool, Ltd. Vice President, Business Dev Current

Organization Position Status
Omtool, Ltd. Founder Current
Omtool, Ltd. Board of Directors Current

Organization Position Status
Omtool, Ltd. Senior Vice President and Director Current
Omtool, Ltd. Board of Directors Current

Organization Position Status
Omtool, Ltd. Manager, HR Current

Organization Position Status
Omtool, Ltd. Emea Business Development Manager Current

Organization Position Status
Omtool, Ltd. Manager, Marketing Communications Current

Organization Position Status
Omtool, Ltd. Current

Organization Position Status
Omtool, Ltd. Chairman, Audit Committee Current
Pegasystems Inc. Board of Directors Current
Omtool, Ltd. Board of Directors Current
Gj Associates President Former
FabTech Industries, Inc. President Former
FabTech Industries, Inc. Chief Operating Officer Former
Pegasystems Inc. Chief Financial Officer Former
Pegasystems Inc. Senior Vice President Former
Arthur Andersen LLP audit partner Former
ASA International Ltd. Board of Directors Former

Organization Position Status
Omtool, Ltd. Board of Directors Current

Organization Position Status
Prodos Capital Management LLC Managing Director Current
Omtool, Ltd. Director Current
Hedstrom Corporation Chief Executive Officer Former
Hedstrom Corporation President Former
Touche Ross & Co. Partner Former
Touche Ross & Co. Management Consultant Former
Booz Allen Hamilton, Inc. Management Consultant Former
Hedstrom Corporation Non-Executive Chairman Former
Wayne State University B.S. In Finance Former

Organization Position Status
Omtool, Ltd. Board of Directors Current

Organization Position Status
Pegasystems Inc. Director Current
Omtool, Ltd. Board of Directors Current
Gj Associates President Former
FabTech Industries, Inc. President Former
FabTech Industries, Inc. Chief Operating Officer Former
Pegasystems Inc. Chief Financial Officer Former
Pegasystems Inc. Senior Vice President Former
ASA International Ltd. Director Former

Organization Position Status
Omtool, Ltd. Director Current
Legent Corporation Executive Vice President Former

Executive News

  • Ricoh Improves Business Processes With Omtool's AccuRoute(R) Capture and Distribution Solution

    PR Newswire - 7/23/09 - View Story

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     OMTL $0.60 0.00 (0.00% )
Average Volume 2,365
Shares Outstanding 4.74M
Market Cap 2.8M
Year High 1.01
Year Low 0.2
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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