| | Business Summary | | HelpMate
Robotics,
Inc.
was
primarily
engaged
in
the
design,
manufacture
and
sale
of
its
flagship
product,
the
HelpMate
robotics
courier
system,
a
trackless
robotic
courier
used
primarily
in
the
healthcare
industry
to
transport
materials.
The
Company
derived
revenue
from
three
principal
sources:
rentals
and
sales
of
HelpMates,
sales
of
robotic
components
such
as
LabMate,
LightRanger
and
BiSight
and
from
research
and
development
contracts.
On
December
30,
1999,
the
Company
completed
the
sale
to
Pyxis
Corp.
of
substantially
all
of
its
assets.
The
assets
sold
consisted
of
all
machinery
and
equipment,
which
included
all
leased
equipment;
all
inventory,
which
included
raw
materials
and
component
parts
and
all
patents;
trademarks,
which
included
trademarks
for
the
name
"HelpMate"
and
"LabMate";
all
accounts
receivable,
security
deposits
and
cash.
HRI's
business
plan
is
to
effect
a
business
combination
with
an
operating
business
that
has
potential
to
increase
stockholder
value. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | HELP,
prior
to
the
sale
of
substantially
all
of
its
assets
in
12/99,
developed,
manufactured
and
marketed
mobile
robotic
systems
that
were
distinguished
by
their
ability
to
navigate
autonomously
without
fixed
tracks
or
guide
wires.
For
the
three
months
ended
3/01,
the
Company
reports
no
revenues.
Net
loss
totalled
$44
thousand
vs.
income
of
$13
thousand.
Results
reflect
the
discontinuation
of
all
operations,
and
decreased
interest
income. | | More
from
Market Guide: Significant
Developments |
| | | | FY1998 Pay | |
| Joseph Engelberger, 73
Chairman,
Pres and CEO | $81K | Fred Cordano, 56
VP,
Manufacturing | 103K | | Dollar amounts are as of 31-Dec-1998 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/h/help.ob.gif)