OPWV

Overview

Highlights

News

Chart

Management

Contacts

 

   
 
   
"Announced that Microsoft Corporation agreed to license Openwave’s patent portfolio."

 

 
Approximate Financial Snapshot as of 11/4/11
Shares Outstanding 85.5M  
52 Wk Hi/Lo 2.67/

1.17

Market Cap $134M
Recent Price $1.57
 

 

 
 
   

 

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Openwave Systems (OPWV)

Website: www.Openwave.com

"A Decade Of Innovation And Leadership."


Overview

Openwave Systems (OPWV) a global software innovator delivering all-Internet Protocol (all-IP) mediation and messaging solutions that enable communication service providers to create and deliver smarter services.

Building on its mobile data heritage, Openwave mobilizes the Internet with data-driven solutions that comprehensively enhance IP traffic and increase the value of the mobile network. Openwave arms its customers with a 360-degree view of network activity plus the tools to help them proactively optimize network resources, react to user behavior with smarter data plans and services, and deliver a contextually relevant messaging experience.

Openwave is a global company with a blue chip customer base spanning North America, Latin America, Australia and New Zealand, Asia, Africa, Europe, and the Middle East. Openwave is headquartered in Redwood City, California.


OPWV Investor Highlights

  • Announced that revenues for the first fiscal quarter were $52.4 million, compared with $35.2 million in the prior quarter and $41.5 million in the September quarter in the preceding fiscal year.
  • Bookings for the quarter were $23.7 million, which included a significant intellectual property licensing agreement separately announced by Openwave. The company ended the quarter with $66.6 million in cash and investments.
  • Net income for the first fiscal quarter was $2.6 million or $0.03 per share, compared with a net loss of $20.0 million, or $0.23 per share, in the prior quarter and net income of $71,000 or $0.00 per share, in the September quarter in the preceding year.
  • Announced that Microsoft Corporation agreed to license Openwave’s patent portfolio.
  • Announced an agreement with Open-Xchange, the supplier of business-class email and groupware for cloud providers, to integrate Open-Xchange’s email technology into the Openwave Rich email product.

Recent News and Press Releases

Openwave Reports First Quarter Fiscal 2012 Financial Results

Openwave and Microsoft Corporation Reach Patent Licensing Agreement

Openwave Appoints Henry R. Nothhaft to Board of Directors

Openwave and Open-Xchange Partner to Provide Service Providers with Advanced Email Solutions

For the latest Quote and News on OPWV Click Here.


Three Month Chart


Management

Mike Mulcia - Chief Executive Officer

Mike Mulica is chief executive officer for Openwave Systems where he is focused on executing the company’s corporate strategy and growing its global market share with innovative software infrastructure products and services for mobile and broadband operators.

Prior to joining Openwave, Mulica served as the president and head of strategy and corporate development of Synchronoss, a leading provider of transaction management, cloud enablement and mobile connectivity services for connected devices. While at Synchronoss, he redesigned its product and go-to-market strategies, and completed several acquisitions as well as a $124 million public offering. Mulica joined Synchronoss after the July 2010 acquisition of FusionOne, a leader in mobile content portability of which he was CEO. Mulica has also served as President and CEO of Bridgeport Networks, a leader in mobile-to-Voice-Over-IP.

In 2007 the World Economic Forum named him a Technology Pioneer, reflecting his 25 years in the technology and communications industry – including four years as a top sales executive with Phone.com. As a senior vice president at Phone.com, he helped lead the $9-billion acquisition of Software.com, which led to the formation of Openwave. 

Mike holds an MBA from the Kellogg Graduate School of Management at Northwestern University, a Bachelor's of Science degree in Business from Marquette University, and a Graduate Certificate in International Business from Copenhagen Business School.

Anne Brennan - Chief Financial Officer

Anne Brennan has over 20 years of leadership experience in corporate finance. In her role as Chief Financial Officer, Anne oversees Openwave's finance, information technology and corporate services departments. Anne has been with Openwave since 2000, initially located in the company's regional EMEA office before joining the corporate finance team at the company's headquarters in 2005. Prior to her appointment as CFO, she served as Openwave's vice president of finance as well as Openwave's interim CFO in early 2008. Before joining Openwave, Anne had a long career with Racal Group where she held various financial positions, most recently serving as financial controller.

Anne has a BA degree in Accountancy from Glasgow Caledonian University and is a Fellow of the Association of Chartered Certified Accountants.

John Giere - Senior Vice President Products and Marketing

As senior vice president of products and marketing, John Giere is responsible for growing the company's global market position, bringing carrier-grade solutions to service providers around the world as well as developing business with new and existing accounts.

John has over 20 years of experience in management, marketing and business development. Prior to joining Openwave, John served as chief marketing officer of Alcatel Lucent (and Lucent Technologies previously), where he spearheaded global marketing initiatives and go-to-market strategies which led to the successful positioning and sales of new solutions.

Before joining Lucent in December 2003, he spent seven years at Ericsson leading a number of strategic marketing, branding and business development initiatives globally.

John currently serves on executive boards for Telecommunications Industry Association (TIA) and Sonim Technologies. He holds an MBA from the University of Maryland and a BS degree from Georgetown University.


SEC Filings

OPWV filings with the SEC can be found here.


Contacts

Openwave Systems

2100 Seaport Boulevard
Redwood City, CA 94063
Phone: 408-480-8000
Fax: 650-480-8100


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