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Home > Company Index > Energy > Oil & Gas Equipment > Bolt Technology Corporation

Bolt Technology Corporation
AMEX: BTJ
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 PROFILE
Bolt Technology helps map out oil and gas discoveries. The company provides geophysical equipment (over 75% of sales) to the oil and gas industry. Its marine air guns help produce 3-D seismic maps for oil and gas exploration by firing high-pressure air into the water, producing elastic waves that penetrate deep into the earth. These waves are used to create a "map" of the subsurface. Bolt Technology's Custom Products subsidiary makes miniature industrial clutches for products such as hospital beds, as well as small electric motors for vending machines and other devices. The US accounts for about 60% of Bolt Technology's sales. The company's customers include Schlumberger (16% of sales) and Baker Hughes (14%).

 COMPETITION
Compagnie Générale de Géophysique, S.A. (GGY)
Input/Output, Inc. (IO)
Veritas DGC Inc. (VTS)

 DEALS
Deal: Bolt Partners With Onebox
Date Announced: 01.20.00
Value of transaction (US $Mil): 0
Description: Online destination for teens to provide members with Onebox.com's free voice-mail, e-mail and fax services.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 14.70
1-Yr. Sales Growth: (25.0)%
Employees: 94
Revenue per employee: $156,382.98

 KEY PEOPLE
• Raymond M. Soto
    CEO
• Alan Levy
    CFO

 CONTACT INFO
Four Duke Place
Norwalk, CT 06854
US
Phone: 203-853-0700
Fax: 203-854-9601
Online: Web Site

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