Contactual has a terrific amount of intellectual property and one should really check it out. As MercuryNews.com wrote last year (Oct. 2004):
The story of San Mateo start-up White Pajama may go down in the books as one of the quirkiest in Silicon Valley.
The quick tale is this. Mansour Salame, co-founder of White Pajama, raised something like $40 million in venture capital from well-known firms like Mayfield and Norwest Venture Partners. Salame was ousted from the board (and lost everything). But he came back from the dead so to speak. He bought the company back for essentially $100,000 by buying debt that White Pajama defaulted on (and I presume, going after the VCs).
As MercuryNews continues:
Back at the helm, Salame is part of a small group of entrepreneurs who managed to steal their companies back -- Steve Jobs at Apple Computer is among the others.
Salame is an entrepreneurial hero to some I'm sure and may go down as legendary. The company renamed itself Contactual last year. This past April, Contactual announced it would receive the Global Excellence in Technology of the Year Award from Frost & Sullivan (one of the leading industry analyst firms). Worthwhile to check Contactual out. Impressive technology and under
new classic management.