BNET Industries

Time America Inc.

(NTMS) is in the Technology Industry

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

The Company was incorporated under the laws of Nevada in 1988. Until June 28, 1996, it was engaged in the business of developing and marketing fragrances, cosmetics, skin treatment and personal care products. Sale of Assets. On June 28, 1996, effective for accounting purposes as of June 30, 1996, the Company sold to Parlux Fragrances, Inc. ("Parlux"), pursuant to the Asset Purchase Agreement dated January 31, 1996 between the Company and Parlux, virtually all of the assets, properties and rights owned by the Company in connection with its business ("Asset Sale") in consideration for (i) $750,000 in cash, (ii) 370,000 shares of the Common Stock of Parlux ("Parlux Stock"), and (iii) the assumption by Parlux of (a) liabilities under certain leases for periods from and after the closing date, (b) liabilities of the Company set forth on the Company's balance sheet dated September 30, 1995 (but expressly excluding any liability with respect to the Company's 10% Convertible Subordinated Promissory Notes due January 15, 1996 ("Notes")) to the extent such liabilities existed on the closing date, (c) additional liabilities of the Company of the types reflected on the balance sheet as the same arose in the ordinary course of the business between September 30, 1995 and the closing date and which are reflected on the Company's closing date balance sheet, and (d) all obligations under contracts, customer orders, purchase orders, and other agreements and commitments that were included in the assets acquired by Parlux.

Chief Executive Officer
Bahan Sadegh
Number of Employees 34
Contact Information

8840 East Chaparral Road

Suite 100

Scottsdale, Arizona 85250

nettimesolution...

480-296-0442

NAICS Code Software Reproducing: 334611

Recent Events

  • Canal Partners buys majority stake in NETtime

    6/16/09 - Merger / Acquisition - View Story

  • Canal Partners Acquires Time and Attendance Firm NETtime Solutions

    6/16/09 - Financial Announcement - View Story

News & Analysis

time america inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Bahan Sadegh Chief Executive Officer
Thomas Bednarik President, Chief Executive Officer and Director
Craig J Smith Vice President, Finance and Administration and Chief Financial Officer
Greg Fioriti-New Vice President of Sales
James Martin Vice President of Sales
Jonathan Weiss Vice President of Business Development
Grant Cline Director of Client Services
Sean Woods Director of Client Services
Thomas J Klitzke Controller
Stephen T Meadow Director

Board of Directors

Name (plus bio) Position
Rober J Novak Board of Directors
Robert J Novak Board of Directors
Robert W Zimmerman Board of Directors
Timothy S. Jeffries Board of Directors

Organization Position Status
Nettime Solutions, Inc Chief Executive Officer Current
Netedge Devices, LLC Vice President of Technology Current
Nettime Solutions, Inc Vice President of Technology and Chief Technology Officer Former
Fortune Engineer Former
Arizona State University Bachelors of Information Sciences degree in Mathematics and Business Former

Organization Position Status
Netedge Devices, LLC President Current
I/D/E/A/ Inc. Executive Vice President Current
Nettime Solutions, Inc President, Chief Executive Officer and Director Current
Nettime Solutions, Inc Director Current
I/D/E/A/ Inc. Chief Executive Officer, President Former
Netpro Computing, Inc. Chief Executive Officer, President Former
Netpro Computing, Inc. Vice President of Sales and Support Former

Organization Position Status
Nettime Solutions, Inc Vice President, Finance and Administration and Chief Financial Officer Current
Semple & Cooper, Llp Audit Manager Former
Arizona State University Masters In Business Administration Former
Minnesota State University Bachelor of Science Degree In Finance and Accounting Former

Organization Position Status
Nettime Solutions, Inc Vice President of Sales Current

Organization Position Status
Nettime Solutions, Inc Vice President of Sales Current
Nettime Solutions, Inc Co-Founder Former
Ntea Board of Directors Former

With more than 18 years of experience in marketing and selling enterprise resource planning (ERP), manufacturing and warehouse solution for companies such as Data Net, eLabor, Computer Associates, Mr. Weiss will be responsible for all sales and marketing functions for NetEdge Devices.

Organization Position Status
Netedge Devices, LLC Vice President of Business Development Current
Nettime Solutions, Inc Vice President of Business Development Current
Elabor Inc Director of Strategic Alliances Former
Netegrity, Inc. Former
University of Indiana Bachelor of Science Former

Mr. Cline has over 11 years of experience in the payroll and time & attendance market. Prior to joining Time America, he was in the Major Market Services division of Paychex for 6 years. Mr. Cline has been with Time America since 2003 providing pre-sales technical consultation on enterprise customer deals, project management of several Fortune 200 implementations and also served on the development team for the company's proprietary TA7000 data collection terminal. As the Director of Client Services, Mr. Cline oversees customer training, support and professional services for the reseller and partner accounts.

Organization Position Status
Nettime Solutions, Inc Director of Client Services Current

Organization Position Status
Nettime Solutions, Inc Director of Client Services Current

Organization Position Status
Nettime Solutions, Inc Controller Current
Nettime Solutions, Inc Principal Accounting Officer Current
ImproveNet, Inc. Controller Former
Arizona State University Bachelor of Science In Accounting Degree Former

Organization Position Status
Nettime Solutions, Inc Board of Directors Current

Mr. Novak, age 58, has served as a director of the Company since September 2003. Mr. Novak is a member of Jennings, Strouss & Salmon, P.L.C., a full service law firm, since 1999. Mr. Novak is the Founder and Owner of Novak Companies, Inc., a diversified group of companies in real estate development, financing, management, equity financing and participation in private and public companies. Mr. Novak also founded and owned Robert J. Novak & Associates, Ltd., a law firm, from 1987 to 1999. Mr. Novak was also a Founder, Director and Officer of Medical Safety Products, Inc., a medical product developer, from 1987 to 2001. Mr. Novak earned Bachelor of Arts degrees in political science and economics from Drake University in 1967 and a Juris Doctorate from the University of Arizona in 1971.

Organization Position Status
Jennings, Strouss & Salmon PLC Member Current
Nettime Solutions, Inc Board of Directors Current
Jennings, Strouss & Salmon PLC Member Current
The University of Arizona Juris Doctor Former
Drake University Bachelor of Arts, Political Science and Economics Former

Organization Position Status
Nettime Solutions, Inc Board of Directors Current
Arthur Andersen LLP Former

Organization Position Status
Nettime Solutions, Inc Director Current

Organization Position Status
iGo, Inc. COO & Executive Vice President Current
P7 Enterprises Founder Current
P7 Enterprises Managing Partner Current
Carlisle Enterprises, LLC Limited Partner Current
Merchants Information Solutions, Inc. Independent Director Current
Contractors Wire & Cable Chairman of the Board of Directors Current
Make-A-Wish Foundation Chairman Current
Make-A-Wish Foundation Vice Chairman of the Board of Directors Current
Arizona Chamber of Commerce Vice Chairman Current
Arizona Chamber of Commerce Board of Directors Current
The Industry Inc Vice Chairman Current
Nettime Solutions, Inc Board of Directors Current
Ingram Micro Inc. Vice President, Vendor Sales Former
Viacore, Inc. Vice President, Client Solutions Former
Duke University MBA Former
Duke University, The Fuqua School of Business Master of Business Administration Former
Santa Clara University Bachelor of Science In Political Science Former

Executive News

  • Witness List for Sotomayor Has a Couple of Surprises

    New York Times - 7/10/09 - View Story

  • Judiciary Panel Releases Witness List for Sotomayor Hearing

    New York Times - 7/09/09 - View Story

advertisement
IndustryTop Rated

Brought to you by CBS MoneyWatch.com

advertisement
Click Here