ETEC Emtec Inc. featured news, full reports, and detailed charts
Emtec Inc. (ETEC/ETEC.OB) Wrap Up:
Emtec, Inc. provides information technology (IT) consulting, services, and products in the United States. The company primarily operates as a reseller of products of various IT manufacturers, which include workstations, servers, networking and communications equipment, enterprise computing products, and application software. It also offers managed services and staff augmentation solutions for technology, telecommunications, financial services, pharmaceuticals, insurance, and manufacturing markets; enterprise computing solutions, including product sourcing, network design and implementation, technical support, server consolidation, virtualization, and clustering and load balancing for high av...www.emtecinc.com
574 Employees
Emtec Inc. (ETEC:OTC Bulletin Board Market)
LAST $0.98 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of November 17, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of Emtec Inc. (ETEC)
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OPEN
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PREVIOUS CLOSE
$0.98
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
08/25/09 - $1.09
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52 WEEK LOW
02/26/09 - $0.25
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MARKET CAP
14.9M
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AVERAGE VOLUME 3 mo
2.0K
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DILUTED EPS TTM
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SHARES OUTSTANDING
15.2M
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ETEC Does Not Pay Dividends
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P/E TTM
NM
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ETEC Top Compensated Officers
Mr. Dinesh R. Desai
Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $285.0K
Mr. Ronald A. Seitz
President of Operations & Purchasing, Technic...
Age: 62
Total Annual Compensation: $262.5K
Mr. Stephen C. Donnelly
Executive Vice President of Business Planning...
Age: 51
Total Annual Compensation: $180.0K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for Emtec Inc. (ETEC)
Emtec Inc. Announces Executive Changes
11/18/2009
Emtec Inc. announced that Sunil Misra has been appointed to the newly created position of Chief Strategy and Delivery Officer for the company. In this role, Mr. Sunil is responsible for all of company's services and delivery operations. In addition, he will lead the corporate strategy team to help grow and enhance the company's portfolio of services through internal development as well as acquisitions. Mr. Misra's appointment further supports and enables the growth of company's investments in Business Service Management, IT Service Management, IT Infrastructure Library (ITIL) services, Value Based Management and software services capabilities in Enterprise Resource Planning (ERP) Applications, Business Analysis, Quality Assurance, as well as infrastructure services in all market sectors. Mr. Misra brings extensive experience in the IT services sector in both infrastructure and applications practice areas. In his most recent role, Mr. Misra was a vice president at Getronics. At Getronics, Mr. Misra was responsible for leading the consulting division which included practice areas such as IT strategy, IT Service Management, Infrastructure Optimization, Information Security and Unified Communications.
Emtec Inc. - Conference Presentation Call
11/12/2009
To address two key issues for healthcare organizations; best practices into meeting new governmental regulations for security of patient information and tips for implementing thin client solutions and virtual desktops in a clinical environment
Emtec Inc. Appoints Sunil Misra as Chief Strategy & Delivery Officer
11/10/2009
Emtec Inc. announced that Sunil Misra has been appointed to the newly created position of Chief Strategy and Delivery Officer for Emtec. In this role, Mr. Sunil is responsible for all of Emtec's services and delivery operations. In addition, he will lead the corporate strategy team to help grow and enhance the company's portfolio of services through internal development as well as acquisitions. Mr. Misra's appointment further supports and enables the growth of Emtec's investments in Business Service Management, IT Service Management, IT Infrastructure Library (ITIL) services, Value Based Management and software services capabilities in Enterprise Resource Planning (ERP) Applications, Business Analysis, Quality Assurance, as well as infrastructure services in all market sectors. Mr. Misra brings extensive experience in the IT services sector in both infrastructure and applications practice areas. In his most recent role, Mr. Misra was a vice president at Getronics.
ETEC Competitors
| Company | Last | Change |
| GTSI Corp | $6.24 USD | +0.11 |
| Halifax Corp | $0.60 USD | 0.00 |
| Insight Enterprises Inc | $11.05 USD | -0.22 |
| TransNet Corp | $0.30 USD | +0.01 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | ETEC | Industry Range |
| Price/Earnings | 9.6x |
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| Price/Sales | 0.1x |
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| Price/Book | 0.9x |
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| Price/Cash Flow | 4.1x |
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| TEV/Sales | NM | Not Meaningful |
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ETEC |
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ETEC transactions
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More Recent News About Emtec Inc.
More news for ETEC
The Centers for Disease Control and Prevention Awards Emtec Federal Two Contracts with Combined Value of $20 Million per Year
MARLTON, N.J.--(BUSINESS WIRE)--Emtec Federal (OTCBB:ETEC - News), a systems integrator, today announced that the Centers for Disease Control and Prevention (CDC) has awarded the company two separate Blanket Purchase Agreements (BPA) for Information Technology (IT) products and services, each with an estimated value of $10 million per year. Both BPA’s are one-year contracts with four additional one-year options. One contract offers CDC organizations Samsung and Dell monitors as well as HP and Dell printers and the other provides access to HP and Dell servers as well as storage products. Through the two separate BPAs, Emtec Federal will deliver IT products and services to CDC organizations around the world in support of their mission. CDC’s focus is not only on scientific excellence but also on the essential spirit that is CDC – to protect the health of all people. CDC keeps humanity at the forefront of its mission to ensure health protection through promotion, prevention, and prepa...Click here to read the whole Article (external link)
Emtec, Inc. Executive to Speak at 4th Annual Georgia Healthcare Trade Faire & Regional Conference
What:  “How to Meet New Governmental Regulations for Security of Patient Information†Session 1: 11:05am-12:00pm, Peachtree Room H (Ninth Floor)  This presentation will cover new regulations on patient information security imposed by ARRA HITECH ACT and the FTC RED FLAGS RULE. Areas such as new disclosure requirements, privacy breach detection and patient notification will be discussed. There will also be a discussion of the new solutions that address these issues and give Privacy and Compliance Officers more control, information and detection capabilities.  “How Implementing Thin Clients and Virtual Desktops in a Clinical Environment Can Make Your Caregivers more Efficient†Session 2: 2:05pm-3pm ET, Peachtree Room H (Ninth Floor)  During this session, Mr. Lindsay will discuss the basic components of a virtual desktop environment within a clinical environment. There will be a discussion of the pros and cons as well as things to consider when planning an implementation. A case study of a large thin-client implementation within a metropolitan hospital sys...Click here to read the whole Article (external link)
Emtec, Inc. Expands Executive Management Team with Appointment of Sunil Misra to Chief Strategy & Delivery Officer
MARLTON, N.J.--(BUSINESS WIRE)--Emtec, Inc.® (OTCBB:ETEC - News), an Information Technology (IT) systems integrator, announced today that Sunil Misra has been appointed to the newly created position of Chief Strategy and Delivery Officer for Emtec. In this role, Mr. Sunil is responsible for all of Emtec’s services and delivery operations. In addition, he will lead the corporate strategy team to help grow and enhance the company’s portfolio of services through internal development as well as acquisitions. Mr. Misra’s appointment further supports and enables the growth of Emtec’s investments in Business Service Management, IT Service Management, IT Infrastructure Library (ITIL) services, Value Based Management and software services capabilities in Enterprise Resource Planning (ERP) Applications, Business Analysis, Quality Assurance, as well as infrastructure services in all market sectors. Mr. Misra brings extensive experience in the IT services sector in both infrastructure and applications practice areas.In his most recent role, Mr. Misra was a vice president at Getronics, a $3.5 billion IT outsourcing and systems integration subsidiary of KPN, a $20 billion European telecom provider. At Getronics, Mr. Misra was responsible for leading the consulting division which included practice areas such as IT strategy, IT Service Management, Infrastructure Optimization, Infor...Click here to read the whole Article (external link)
Emtec Expands Chicago Office to Accommodate Growth and Renames EGS Practices
CHICAGO--(BUSINESS WIRE)--Emtec, Inc. (OTCBB: ETEC - News), an information technology systems integrator, today announced the expansion of its Chicago, IL office due to significant growth in Emtec’s Global Services (EGS) division. Emtec’s EGS division offers a broad range of software consulting services, software implementation, application development, quality assurance and testing, business analysis, systems management, support, and database and systems administration. The new office space accommodates growth in the divisions’ ERP and application development practice and now includes a state of the art training center. The new training center will accommodate the increase in demand for Emtec’s Enterprise Resource Planning (ERP) and Business Intelligence (BI) programming training services. In today’s economy, industry professionals realize it is more important than ever to advance their skill sets. Emtec’s training services will enhance software professional’s qualifications helping them to be more efficient, effective and thrive in their careers.In conjunction with this expansion, Emtec has fully integrated its Luceo, eBas and Aveeva subsidiaries into EGS. The former names of Luceo, eBas, and Aveeva will no longer be used by Emtec for marketing purposes. Effective October 1, 2009, EGS will now offer the following practice areas: ERP and Ap...Click here to read the whole Article (external link)
Emtec Promotes Siva Natarajan to CIO of Emtec, Inc.
CHICAGO--(BUSINESS WIRE)--Emtec, Inc. (OTCBB:ETEC - News), a systems integrator, announced that Siva Natarajan was appointed CIO of Emtec, Inc. Mr. Natarajan is responsible for aligning Emtec’s internal technology with its business goals, overseeing Emtec’s management information system (MIS) department, while assessing requirements involved in integrating new acquisitions. He will also continue to serve as Managing Director of Emtec Global Service’s ERP Consulting Practice and Application Development practice, formerly Luceo, a division of Emtec, Inc. which he founded prior to its acquisition by Emtec. Prior to his role with Luceo, Mr. Natarajan was the founder and president of Six Sigma Solutions, Inc., a Supply Chain/E-commerce consulting company. He has also consulted for various companies including Sony, Panasonic, Ericsson, Titanium Metals Corporation and Procter & Gamble on SAP projects. Mr. Natarajan has an MBA from the Kellogg Graduate School of Management (Northwestern University), Master’s in Manufacturing Systems from the University of Texas, Austin and a Bachelor’s in Mechanical Engineering from Anna University in India."In the year and a half that I’ve been at Emtec, the company has continued to flourish, distinguishing itself as a market leader and I look forward to continuing that tradition in my new leadership role,†said Mr. Natara...Click here to read the whole Article (external link)
EMTEC INC/NJ Financials
PERIOD ENDING31-May-0928-Feb-0930-Nov-0831-Aug-08Total Revenue49,220 41,961 70,019 53,518 Cost of Revenue41,573 35,835 61,225 45,894 Gross Profit7,646 6,126 8,794 7,625 Operating ExpensesResearch Development - - - - Selling General and Administrative6,345 5,911 6,330 5,974 Non Recurring - - - - Others632 568 534 392 Total Operating Expenses - - - - Operating Income or Loss669 (352)1,930 1,259 Income from Continuing OperationsTotal Other Income/Expenses Net(12)6 1 10 Earnings Before Interest And Taxes657 (346)1,930 1,269 Interest Expense169 270 254 165 Income Before Tax488 (616)1,676 1,104 Income Tax Expense215 (231)670 486 Minority Interest - - - - Net Income From Continuing Ops272 (385)1,006 619 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - - ...Click here to read the whole Article (external link)
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