BNET Industries
Last Fiscal Year Sales:$20.6M
- Public
- US
Dow Jones Description
We are a provider of On-Demand Supply Management solutions to companies ranging in size from mid-market to the Global 2000. We provide a full scope of Supply Management software, services, and domain expertise in areas that include: Program Management, Spend Analysis, eSourcing, Contract Management, and Supplier Performance Management. Our solutions provide our clients with the visibility, insight and control required to identify, realize, and sustain value from supply management initiatives. Our software customers license our software pursuant to either a perpetual license or a time-based license. Our software is licensed by module, with our customers selecting from modules that include: Spend Manager, Program Manager, Negotiation Manager, Contract Manager, and Performance Manager. Verticalnet employs technical consultants to provide project management and training during software implementation. In addition to traditional software installation, training, and Application Service Provider (ASP) hosting, Verticalnet offers the majority of its software products in an On-Demand delivery model. On-Demand delivery enables our customers to pay a single annual fee that includes software license, maintenance, application hosting, and customer/community support. The Company believes that its On-Demand delivery model mitigates the software implementation costs for its customers, and reduces the obstacles to a successful supply management initiative. ...
President and CEO
Nathanael V. LentzNumber of Employees 136
Contact Information
400 Chester Field Pkwy
Malvern, Pennsylvania 19355
1 610 407 3500
Peer Companies
NAICS Code Software Publishers: 511210
News & Analysis
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verticalnet - All News and Analysis
Speak with other shareholders about: (OTC: SGCP), (OTC: BFTH), (OTC: ESMT), (Nasdaq: VERT), (Nasdaq: FMDA), and (OTC: ZPNW) .
M2 PRESSWIRE-6 June 2007-Stockwire.com: Speak with other shareholders about: (OTC: SGCP), (OTC: BFTH), (OTC: ESMT), (Nasdaq: VERT), (Nasdaq: FMDA), and (OTC: ZPNW) .C1994-2007 M2 COMMUNICATIONS LTD RDATE:06062007 AUSTIN, TX: Are you looking to speak with other investors about your favorite...
RealPennies.com : Turning Pennies into dollars: (OTC: SGCP), (OTC: BFTH), (OTC: ESMT), (Nasdaq: VERT), (Nasdaq: FMDA), (OTC: ZPNW).
M2 PRESSWIRE-6 June 2007-RealPennies.com: RealPennies.com : Turning Pennies into dollars: (OTC: SGCP), (OTC: BFTH), (OTC: ESMT), (Nasdaq: VERT), (Nasdaq: FMDA), (OTC: ZPNW)C1994-2007 M2 COMMUNICATIONS LTD RDATE:06062007 Are you a public company looking for exposure? Contact RealPennies.com - 1.800.940.6559 ...
Speak with other shareholders about: (OTC: SGCP), (OTC: BFTH), (OTC: ESMT), and (NASDAQ: VERT) .
M2 PRESSWIRE-5 June 2007-Stockwire.com: Speak with other shareholders about: (OTC: SGCP), (OTC: BFTH), (OTC: ESMT), and (NASDAQ: VERT) .C1994-2007 M2 COMMUNICATIONS LTD RDATE:05062007 AUSTIN, TX - Are you looking to speak with other investors about your favorite stock? Stockwire.com, ranked in...
Verticalnet risks losing Nasdaq spot
Verticalnet Inc. says it has received a letter from Nasdaq saying the Malvern company is subject to delisting for failing to meet certain capital and net-income requirements.Nasdaq wrote May 23 that Verticalnet needed to maintain minimum stockholder equity of $2.5 million, a market value of $35 million for listed securities,...
Current Research on Verticalnet Inc.
M2 PRESSWIRE-17 April 2007-Small Cap News: Current Research on Verticalnet IncC1994-2007 M2 COMMUNICATIONS LTD RDATE:17042007 Current Research on Verticalnet Inc (NASDAQ:VERT) Verticalnet, Inc. provides on-demand supply management solutions to companies primarily in the United States and Europe. It offers...
Current Research on Verticalnet Inc.
M2 PRESSWIRE-3 April 2007-Small Cap News: Current Research on Verticalnet Inc.C1994-2007 M2 COMMUNICATIONS LTD RDATE:03042007 Verticalnet tries to make managing supply chains less of an uphill battle. The company, which made its name by operating online vertical trading communities, transformed itself...
Bellwether Report.com is Following Verticalnet Inc.
M2 PRESSWIRE-17 October 2006-bellwetherreport.com: Bellwether Report.com is Following Verticalnet Inc.C1994-2006 M2 COMMUNICATIONS LTD RDATE:17102006 The Bellwether Report Takes Notice of Verticalnet Inc. (Nasdaq:VERT) Verticalnet tries to make managing supply chains less of an uphill battle. The company,...
Verticalnet meets requirements for Nasdaq listing
Verticalnet Inc. said today it has received notice from Nasdaq that it has fulfilled listing requirements and thus will not be de-listed from the stock exchange. Verticalnet, a Malvern-based supply-management software company, was notified by Nasdaq officials in April that the company faced de-listing for, among other things, failing...
Business news in brief
IN THE REGION Phila. airport near top in passenger-traffic growth Philadelphia International Airport led North America in 2005 in passenger-traffic growth, and was outpaced among the world's 30 busiest airports only by Beijing, a trade group said. A record 31.5 million passengers, 10.5 percent more than in 2004,...
The Bellwether Report negins to cover the moves made by Verticalnet Inc.
M2 PRESSWIRE-1 May 2006-bellwetherreport.com: The Bellwether Report negins to cover the moves made by Verticalnet IncC1994-2006 M2 COMMUNICATIONS LTD RDATE:01052006 Verticalnet Inc (NASDAQ:VERT), is a company that our research team will be tracking over the ensuing weeks. They recently came out...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Nathanael V. Lentz | President and CEO |
| Gene S. Godick | Executive Vice President, CFO |
| Jonathan T. Cohen | Verticalnet's Vice President and Chief Accounting Officer |
| Brent Habig | Executive Vice President of Sales and Consulting |
| Orville A. Bailey | Executive Vice President, Corp Strategy & Business Development |
| Jeffrey P. Ryan | Senior Vice President, Advanced Sourcing |
| John H. McNeill | Senior Vice President, Sales |
| Tony S. Ward | Senior Vice President, Strategic Accounts |
| Christopher Kuhn | Vice President, General Counsel and Secretary |
| Larry Fournier | Vice President, Worldwide Marketing |
| Michael J. Hagan | co-founder |
| Adam Cheyer | Director of the Advanced Products and Research Group |
| Brian L. Cupp | Senior Director, Development |
| David H. Kaplan | Senior Director, Marketing |
| Jim Wetekamp | Senior Director, Prod Management |
| Robert F. Bernstock | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Vincent J. Milano | Chairman |
| Darryl E. Wash | Board of Directors |
| George Schott Gregory | Board of Directors |
| Jeffrey C. Ballowe | Board of Directors |
| John N. Nickolas | Board of Directors |
| Lane Mercer | Board of Directors |
| Lawson Mark | Board of Directors |
| Mark L. Walsh | Board of Directors |
| Walter W. Buckley III | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | President and CEO | Current |
| Osage Investments, Inc. | Managing Partner | Current |
| Carnegie Speech | Board of Directors | Current |
| Hardmetrics, Inc | Board of Directors | Current |
| Verticalnet, Inc. | Board of Directors | Current |
| Mercer Management Consulting, Inc. | Vice President | Former |
| Cmc Industries | Vice President of Strategic Development | Former |
| Mercer Management Consulting, Inc. | Partner | Former |
| Stanford University | M.B.A. | Former |
| Brown University | B.A. | Former |
| Stanford Graduate School of Business | Former |
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | Executive Vice President, CFO | Current |
| Verticalnet, Inc. | CFO & Executive Vice President | Current |
Jonathan T. Cohen has served as Verticalnet's Vice President and Chief Accounting Officer since December 2006. From 2003 through 2006 he was Controller of the Company. As Chief Accounting Officer, Mr. Cohen is primarily responsible for Verticalnet's accounting operations and financial reporting. Mr. Cohen has held senior accounting positions at both publicly traded and privately held companies. Prior to joining Verticalnet, Mr. Cohen was retained by Constar International to assist them during and after their initial public offering and subsequent SEC filings. From 2000 until 2001, Mr. Cohen was a manager with Deloitte & Touche Emerging Growth practice, which provided consulting services for emerging growth technology companies. Prior to this time Mr. Cohen was Corporate Controller of Wilmar Industries, Inc. a publicly traded national distributor of repair and maintenance products to the multi-family industry, where he was responsible for the accounting operations and financial reporting. In addition, Mr. Cohen was a member of the Acquisition/Integration team where he primarily responsible for the financial due diligence and subsequent accounting integration of fifteen acquisitions. Mr. Cohen has also served as an auditor with the accounting firm Fishbein and Company, P.C. Mr. Cohen is a Certified Public Accountant in the Commonwealth of Pennsylvania. He received his bachelor's degree from Hartwick College and an MBA with a concentration in Finance from LaSalle University.
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | Verticalnet's Vice President and Chief Accounting Officer | Current |
| Verticalnet, Inc. | Controller | Former |
| Wilmar Industries, Inc. | Corporate Controller | Former |
| Fishbein & Company | Auditor | Former |
| La Salle University | Mba With A Concentration In Finance | Former |
| Hartwick College | Bachelor's Degree | Former |
Brent W. Habig joined Verticalnet in January 2004 as part of the merger with Tigris Corp. Mr. Habig founded Tigris in 1996 and built Tigris into an industry-leading organization with Fortune 500 clients, global reach, and a dramatic and sustainable growth rate. A recognized thought leader in supply chain management, data management and advanced technology, Mr. Habig is a frequent media commentator on such issues, and speaks often at industry events. In February 2004, Mr. Habig was named a 'Pro to Know' by Supply & Demand Chain Executive Magazine. Mr. Habig is responsible for Verticalnet's Sales and Consulting operations. Prior to founding Tigris, Mr. Habig built and led a specialized technology group to support Bristol-Myers Squibb's global Strategic Sourcing Initiative, which delivered cost-savings of over $600 million dollars annually. Mr. Habig graduated from Oberlin College with a degree in Chinese Literature and Piano Performance and a concentration in Biochemistry. He is a member of Phi Beta Kappa. He also researched medical anthropology and lived in China for several years, in part through the esteemed Thomas J. Watson Fellowship. Mr. Habig is fluent in Mandarin Chinese
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | Executive Vice President of Sales and Consulting | Current |
| Phi Beta Kappa | Member | Current |
| Oberlin College | degree in Chinese Literature and Piano Performance | Former |
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | Executive Vice President, Corp Strategy & Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | Senior Vice President, Advanced Sourcing | Current |
| Sterling Drug | Former | |
| Rensselaer Polytechnic Institute | Masters Degree in Operations Research and Statistics | Former |
| Le Moyne College | Bachelor's Degree in Mathematics, Management, Computer Science | Former |
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | Senior Vice President, Sales | Current |
| International Business Machines Corporation | Former | |
| Georgia Institute of Technology | B.S. in Mechanical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | Senior Vice President, Strategic Accounts | Current |
Christopher G. Kuhn has served as our Vice President, General Counsel and Secretary since October 2002. From December 1998 through February 2000 he was General Counsel of the Company. From February 2000 through October 2002, he was Verticalnet's Vice President of Legal Affairs and Assistant Secretary. Prior to joining Verticalnet, he was an attorney with the law firm of Silberman & DiFilippo from 1989 to 1998, where he practiced general business law, including commercial transactions, acquisitions and insolvency law. Prior to 1989, he was an associate and partner at the law firm of Pincus, Verlin, Hahn, Reich & Weinberg. Mr. Kuhn received a B.A. from West Chester State College and a J.D. from the Delaware Law School.
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | Vice President, General Counsel and Secretary | Current |
| Legal Affairs | Verticalnet S Vice President | Former |
| Verticalnet, Inc. | General Counsel | Former |
| Delaware Law School.Com | J.D. | Former |
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | Vice President, Worldwide Marketing | Current |
| Progress Software Corporation | Former | |
| Applix, Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| NutriSystem, Inc. | President & CEO | Current |
| Verticalnet, Inc. | co-founder | Current |
| NutriSystem, Inc. | Chairman | Current |
| Phillystocks.Com | Chairman | Current |
| Verticalnet, Inc. | Board of Directors | Current |
| American Financial Realty Trust | Board of Directors | Current |
| Internet Capital Group, Inc. | Board of Directors | Current |
| Verticalnet, Inc. | President and CEO | Former |
| Verticalnet, Inc. | Executive Vice President & COO | Former |
| Verticalnet, Inc. | Senior Vice President | Former |
| Merrill Lynch & Co., Inc. | Vice President & Senior Manager, Merrill Lynch Asset Management | Former |
| Bristol-Myers Squibb Company | Executive | Former |
| Verticalnet, Inc. | Chairman | Former |
| St. Joseph's University | B.S. | Former |
| Organization | Position | Status |
|---|---|---|
| Cim Engineering, Inc. | Vice President of Engineering, Dejima | Current |
| Siri Company Ltd. | Vice President | Current |
| Siri Company Ltd. | Founder | Current |
| Verticalnet, Inc. | Director of the Advanced Products and Research Group | Current |
| The Bootstrap Institute and Associates | Current | |
| Cheyer | Board of Directors | Current |
| Verticalnet, Inc. | Vice President of Engineering | Former |
| Brandeis University | Bachelor's Degree | Former |
| Brandeis University | Degrees In Artificial Intelligence | Former |
| University of California, Los Angeles | Degrees In Artificial Intelligence | Former |
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | Senior Director, Development | Current |
| Verticalnet, Inc. | Senior Director, Development | Former |
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | Senior Director, Marketing | Current |
| Verticalnet, Inc. | Senior Director, Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | Senior Director, Prod Management | Current |
| Verticalnet, Inc. | Senior Director, Prod Management | Former |
| International Business Machines Corporation | Former | |
| Indiana University | B.S. in accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Phillystocks.Com | President, Chief Executive Officer and Member of the Board of Directors | Current |
| ViroPharma Incorporated | President, Chief Executive Officer and Member of The Board of Directors | Current |
| Forensic Accounting Consultants, P.C | Audit Partner and Certified Public Accountant | Current |
| ViroPharma Incorporated | Executive Officer | Current |
| ViroPharma Incorporated | Chief Financial Officer | Former |
| ViroPharma Incorporated | Vice President, Finance & Administration | Former |
| Verticalnet, Inc. | Board of Directors | Former |
| The University of Texas at Austin | Bachelors of Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Ascend Ventures Group, LLC | Managing Partner | Current |
| Sagemetrics Corp | Director | Current |
| Verticalnet, Inc. | Board of Directors | Current |
| Platform Learning, Inc. | Director | Current |
| Peter J. Solomon Company | Managing Director | Former |
| Ascend Venture Group, LLC | Founder | Former |
| Ascend | Founder | Former |
| Ascend Venture Group, LLC | Managing Partner | Former |
| The Goldman Sachs Group, Inc. | * | Former |
| Stanford University | MBA | Former |
| University of California, Berkeley | B.A. In Economics | Former |
| University of California | Bachelor of Arts degree in Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Electronic Literature | Co-Founder | Current |
| Goldmail, Inc. | Board of Directors | Current |
| Verticalnet, Inc. | Board of Directors | Current |
| Onvia Inc. | Board of Directors | Current |
| Lawrence University | Board of Directors | Current |
| ZDNet, Inc. | President, Ziff-Davis Interactive | Former |
| Ziff Davis Media Inc. | President of the Interactive Media and Development Group | Former |
| Electronic Literature | President | Former |
| Internet Capital Group, Inc. | Member, ICG Advisory Board | Former |
| University of Chicago | MBA | Former |
| Lawrence University | BA | Former |
| University of Chicago | Bachelor's Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | Board of Directors | Current |
| Safeguard.Com | Former |
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | Board of Directors | Current |
Mark Walsh is the CEO and President of VerticalNet (Nasdaq: VERT), the Internet's leading creator and operator of vertical trade communities. Prior to VerticalNet, Mark was a senior VP and corporate officer at America Online. At AOL he ran AOL Enterprise, AOL's business-to-business group. Prior to AOL, Mark was President of GEnie, GE's online service.
| Organization | Position | Status |
|---|---|---|
| Crash Marketing & Media | CEO, Verticalnet | Current |
| Rock Ridge Ventures | Investment Partner | Current |
| Mobile Posse, Inc. | Head | Current |
| The Asset Store, LLC | Principal | Current |
| Dingman Center for Entrepreneurship | Smith Senior Fellow | Current |
| Laszlo Systems, Inc. | Current | |
| Mobile Posse, Inc. | Board of Directors | Current |
| Knowledge Dialogue | Board of Directors | Current |
| Crash Marketing & Media | Board of Directors | Current |
| Verticalnet, Inc. | Board of Directors | Current |
| Sensics, Inc | Board of Directors | Current |
| The Asset Store, LLC | Board of Directors | Current |
| Day Software, Inc. | Board of Directors | Current |
| Verical Incorporated | Board of Directors | Current |
| Transactis | Board of Directors | Current |
| University of Maryland | Senior Fellow | Current |
| Air America Radio | CEO | Former |
| Verticalnet, Inc. | CEO | Current |
| Democratic National Committee | Chief Technology Advisor | Former |
| Verticalnet, Inc. | President | Current |
| Verticalnet, Inc. | Chief Strategy Officer | Former |
| Air America Radio | Co-founder | Former |
| Union College | Trustee | Former |
| U.S. Chamber of Commerce | Former | |
| Home Box Office Inc. | Former | |
| IN2BOOKS | Director | Former |
| Union College | MBA | Former |
| Harvard Business School | MBA | Former |
| Verticalnet, Inc. | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Securesheet Technologies, LLC. | Chief Executive Officer | Current |
| Scotts Miracle-Gro Company | Chief Operating Officer | Current |
| Securesheet Technologies, LLC. | Chairman of the Board | Current |
| Nutrisystems,Inc. | Director | Current |
| Pro Musica | Board of Directors | Current |
| Columbus Chamber of Commerce | Board of Directors | Current |
| The Pantry, Inc. | Board Member | Current |
| Biovid Corp | Board Member | Current |
| Phillystocks.Com | Director | Current |
| Verticalnet, Inc. | Director | Current |
| Research Triangle Regional Partnership | Director | Current |
| The Dial Corporation | Senior Vice President and General Manager | Former |
| Campbell Soup Company | Senior Executive | Former |
| The Dial Corporation | Consultant | Former |
| Verticalnet, Inc. | Consultant | Former |
| Verticalnet, Inc. | Consultant To the Chairman | Former |
| Harvard Business School | MBA degree | Former |
| Hamilton College | Former |
| Organization | Position | Status |
|---|---|---|
| Verticalnet, Inc. | Board of Directors | Current |
| OneCoast Network Corporation | Board of Directors | Current |
| The University of North Carolina at Chapel Hill | Bachelor of Arts Degree | Former |
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