BNET Industries

Market Cap:$25.1M
Last Fiscal Year Sales:$21.4M
  • Public
  • US
Dow Jones Description

We design, develop, manufacture and sell automated magnetic tape libraries used to store, retrieve and manage electronic data primarily in network computing environments. We currently offer tape libraries for two popular tape drive technologies, LTO (Linear Tape-Open tape format) and AIT (Advanced Intelligent Tape). We have developed a network of value added resellers who specialize in delivering complete storage solutions to end users. End users of our products range from small businesses requiring simple automated backup solutions to large organizations needing complex storage management solutions. We also sell our products to original equipment manufacturers that incorporate our products into theirs, which they sell as part of a system or solution. We assist our customers with marketing and technical support.

Chief Executive Officer, President and Director
William J. Gervais
Number of Employees 84
Contact Information

3990-B Heritage Oak Ct

Simi Valley, California 93063-6711

qualstar.com

(805) 583-7744

NAICS Code Magnetic and Optical Recording Media Manufacturing: 334613

Recent Events

  • Qualstar QBAK Approves $0.06 Per Share Dividend

    11/06/09 - Stock Split / Dividend - View Story

  • Qualstar Reports Fiscal 2010 First Quarter Results

    11/12/09 - Financial Announcement - View Story

  • Loss Mounts Up at Qualstar

    9/28/09 - Financial Announcement - View Story

  • Qualstar to Announce Fiscal 2009 Fourth Quarter and Full Year Results on September 25

    9/03/09 - Financial Announcement - View Story

News & Analysis

qualstar corp. and thq inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
William J. Gervais Chief Executive Officer, President and Director
David L. Griffith Chief Operating Officer
Frederic T. Boyer Vice President and Chief Financial Officer
Nidhi H. Andalon CFO
Richard A. Nelson Vice President of Engineering, Secretary and Director
Robert C. King Vice President of Sales
Robert Covey Vice President of Marketing
Robert K. Covery Vice President, Marketing
Thomas Studebaker Vice President, Advanced Development
Robert A. Meyer Stanley W. Corker
Stanley W. Corker Director
Trude Taylor Director

Board of Directors

Name (plus bio) Position
Carl W. Gromada Chairman
Robert E. Rich Board of Directors
Stan Corker Board of Directors

William J. Gervais is a founder of Qualstar and has been our President and a director since our inception in 1984, and was elected Chief Executive Officer in January 2000. From 1984 until January 2000, Mr. Gervais also served as our Chief Financial Officer. From 1981 until 1984, Mr. Gervais was President of Northridge Design Associates, Inc., an engineering consulting firm. Mr. Gervais was a co-founder, and served as Engineering Manager from 1976 until 1981, of Micropolis Corporation. Mr. Gervais earned a B.S. degree in Mechanical Engineering from California State Polytechnic University, Pomona in 1967.

Organization Position Status
Qualstar Corporation Chief Executive Officer, President and Director Current
N2POWER Current
Qualstar Corporation Founder Current
Micropolis Engineering Manager Former
California State Polytechnic University B.S. Degree In Mechanical Engineering Former

Organization Position Status
Qualstar Corporation Chief Operating Officer Current
N2POWER Vice President of Operations Current
Qualstar Corporation Vice President of Operations Current
Ait Technology Forum Vice President of Operations Current
Tandberg Data Corp Vice President of Sales and Marketing Former
California State Polytechnic University Degree In Mechanical Engineering Former

Organization Position Status
Optical Communication Products, Inc. Senior Vice President and Chief Financial Officer Current
Qualstar Corporation Vice President and Chief Financial Officer Current
N2POWER Current
Accelerated Networks Chief Financial Officer Former
Accelerated Networks Vice President Former
ADC Telecommunications, Inc. Former
Loyola University M.B.A. Former
Loyola Marymount University M.B.A. Former
California State University B.S. In Accounting Former
California State Polytechnic University B.S. In Economics Former
Loyola Marymount University Bachelor of Science Degrees In Economics and Business Administration Former

Organization Position Status
Qualstar Corporation CFO Current
Qualstar Corporation Controller Former

Organization Position Status
N2POWER Vice President of Engineering and Secretary Current
Ait Technology Forum Vice President of Engineering and Secretary Current
Qualstar Corporation Vice President of Engineering, Secretary and Director Current
N2POWER Board of Directors Current
Qualstar Corporation Founder Current
California State Polytechnic University B.S. In Electronic Engineering Former

Organization Position Status
N2POWER Vice President of Sales Current
Qualstar Corporation Vice President of Sales Current
Ait Technology Forum Vice President of Sales Current
Advanced Photonix, Inc. Vice President, Sales and Marketing Former
Performance Materials Corporation Vice President, Sales and Marketing Former
Ohio University B.S.M.E Degree Former

Organization Position Status
Ait Technology Forum Vice President of Marketing Current
Qualstar Corporation Vice President of Marketing Current
N2POWER Vice President of Marketing Current
Micropolis Sales Manager Former
Butler University Former
Bentley College Former

Organization Position Status
Qualstar Corporation Vice President, Marketing Current

Organization Position Status
Qualstar Corporation Vice President, Advanced Development Current

Organization Position Status
Qualstar Corporation Stanley W. Corker Current
Ait Technology Forum Director Current
N2POWER Director Current
Qualstar Corporation Board of Directors Current
US Filter Vice President of Internal Audit Former
US Filter Director of Finance, Business Development Former
C.W. Post College B.S. Degree In Accounting Former

Organization Position Status
Qualstar Corporation Chairman Current
Ait Technology Forum Director Current
N2POWER Director Current
Temple University B.S. Degree In Business Administration Former

Organization Position Status
Qualstar Corporation Board of Directors Current
Ait Technology Forum Director Current
N2POWER Director Current
Stradling Yocca Carlson & Rauth Former
University of California, Los Angeles J.D. Degree Former
University of California, Los Angeles B.A. Degree In Economics Former

Organization Position Status
Emerald Asset Management Inc. Partner Current
International Data Industry Analyst Current
Qualstar Corporation Board of Directors Current

Stanley W. Corker has served as a director of Qualstar since January 26, 2006. Since 1996, Mr. Corker has been the Director of Technology Research and a partner of Emerald Asset Management, a diversified investment management firm. Prior to joining Emerald Asset Management, Mr. Corker obtained over 20 years experience in the computer storage industry from key roles in engineering and marketing at several manufacturers of tape drives, and as an industry analyst with International Data Corporation (IDC). Mr. Corker received a B.S. degree in Computer Science from the University of Essex, England in 1972, where he later conducted five years of postgraduate research in computer networking systems.

Organization Position Status
Emerald Asset Management Inc. Partner Current
Emerald Asset Management Inc. Director of Technology Research Current
International Data Industry Analyst Current
Qualstar Corporation Director Current
N2POWER Director Current
Ait Technology Forum Director Current
University of Essex B.S. degree in Computer Science Former

Organization Position Status
Qualstar Corporation Director Current
Magnetics, Inc. Chief Executive Officer Former
Magnetics, Inc. President Former
Plantronics, Inc. Director Former

Executive News

  • Qualstar Reports Fiscal 2009 3Q Results

    TradingMarkets - 5/20/09 - View Story

  • Qualstar Reports Fiscal 2009 Third Quarter Results

    Business Wire - 5/12/09 - View Story

advertisement
     QBAK $2.05 0.00 (0.00% )
Average Volume 21,339
Shares Outstanding 12.25M
Market Cap 25.1M
Year High 2.898
Year Low 1.35
Earnings Per Share -0.29
P/E Ratio -7.07
Dividend 0.24
Yield 11.71
White Papers, Webcasts, and Resources
advertisement