NEWS FROM THE STANDARD |
 |
The Young and the Restless
Nov 01 1999 12:00 AM PST
PROFILE |
 |
Philips Oral Healthcare, formerly Optiva Corporation, deserves a plaque for fighting, uh, plaque. The company makes Sonicare, a high-tech toothbrush that uses patented sonic technology, fluid dynamics, and electromechanical design to aid in removing plaque bacteria from between teeth and at the gumline. Philips Oral Healthcare sells its products in the US through warehouse clubs (Costco), mass merchandisers (Target and Wal-Mart), department stores (Sears), and other outlets. It also distributes its products in Canada, Europe, and Japan. Founded in 1988, the company was initially funded by a grant from the National Institutes of Health. It is now a part of Philips Electronics, which bought the company in 2001.
COMPETITION |
 |
Conair Corporation (dossier)
The Gillette Company (G)
Water Pik Technologies, Inc. (PIK)
|
 |
FINANCIAL OVERVIEW |
 |
Fiscal Year-End: December
1999 Sales (mil.): 175.00
1-Yr. Sales Growth: 31.6%
Employees: 600
Revenue per employee: $291,666.67
KEY PEOPLE |
 |
Niels Onkenhout
CEO
Michael D. Stull
CFO
CONTACT INFO |
 |
35301 SE Center St.
Snoqualmie, WA 98065
US
Phone: 425-396-2000
Fax: 425-396-4838
Online: Web Site
|