Info

Clarus Corporation and its subsidiaries, prior to the sale of substantially all of its operating assets in December 2002, developed, marketed, and supported Internet-based business-to-business electronic commerce solutions that automated the procurement and management of operating resources. Although Clarus is not targeting specific industries for potential acquisitions, it focuses on businesses with substantial cash flow, experienced management teams, and operations in markets offering growth opportunities. As of December 31, 2007, the Company was working to identify suitable merger partners or acquisition opportunities. The Company provides certain telecommunication, administrative and other office services to Net Perceptions, Inc. (Net Perceptions) that are reimbursed by Net Perceptions.(Source: 10-K)