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Wall Street Transcript: Kenton Chow - Cobalt Networks Inc (COBT) CEO Interview

Mar 03, 2000, 17:03 (0 Talkback[s])

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"Mr. Chow: Cobalt Networks was incorporated in 1996 and really started operating in 1997. We shipped our first product in 1998, early part of March 1998 to be specific. The company is focused on delivering a new class of infrastructure for the delivery of network-based applications. We believe that network-based applications, through a hosted environment, is going to be the next wave of the future. Cobalt recently went public in November 1999 as one of the largest percentage gain IPOs in history. We are a globally focused company with approximately 150 employees various countries."

"... We focus on very rapid development cycles, measured in numbers of months, not numbers of years. I think the new Internet economy has accelerated development cycles. As a result, we continue to invest very aggressively in technology development related to all facets of our products, particularly software technology. As an emerging company with a very rapid growing revenue base, we plan on continuing to invest in development activities."

"... All of our products are Linux-based. Linux is currently the dominant open source operating system platform because of its reliability for Internet- oriented applications. We have been developing Linux systems since 1997, long before the current wave of interest in Linux. However, our commitment is to focus on open source."

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