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  September 5, 2001
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Home > Company Index > Automotive & Transport Equipment > Auto Parts > Aura Systems, Inc.

Aura Systems, Inc.
OTC: AURA
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 PROFILE
Aura Systems became hard of hearing after having divested its audio product lines. Heavy debt has forced Aura's multimedia subsidiary, NewCom, to cease operations. The electronics company has shifted gears to focus on its AuraGen electric generator that can produce 8,500 watts from an idling car engine. The company also makes an electromagnetic valve actuator that replaces an automobile's camshaft. Aura distributes its products through dealers and OEMs. The struggling company also is entitled to royalties from Daewoo Electronics for use of electro-optical technology found in projection TVs and exhibition displays. Stewart & Stevenson Services accounts for 40% of sales.

 COMPETITION
Cummins, Inc. (CUM)
Honda Motor Co., Ltd. (HMC)
Kohler Co. (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: February
2001 Sales (mil.): 2.50
1-Yr. Sales Growth: (56.6)%
Employees: 95
Revenue per employee: $26,315.79

 KEY PEOPLE
• Zvi Kurtzman
    CEO
• Steven C. Veen
    CFO

 CONTACT INFO
2335 Alaska Ave.
El Segundo, CA 90245
US
Phone: 310-643-5300
Fax: 310-643-8719
Online: Web Site

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