| Business Summary | | MSU
Devices,
Inc.,
formerly
known
as
MSU
Corporation,
which
operates
principally
through
Web
2
U
Limited,
its
second
tier
subsidiary,
is
principally
engaged
in
the
design
and
development
of
software,
computer
chips
and
chipsets
principally
for
use
in
high
volume
consumer
electronics
products.
Most
of
the
Company's
chips
incorporate
multiple
functions,
thereby
eliminating
the
need
for
multiple
chips
and
permitting
a
more
efficient
printed
circuit
board
design
and
a
diminished
risk
of
malfunction
and
error
at
a
lower
cost.
The
current
focus
of
the
Company
is
on
the
sale
and
further
development
of
its
Internet
Access
Device
to
be
used
in
conjunction
with
televisions
and
telephones. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MSU
Devices,
Inc.
primarily
operates
through
MSU
(UK)
Limited,
which
is
engaged
in
the
design
and
development
of
computer
chips
and
chipsets
for
use
in
consumer
electronic
products.
For
the
nine
months
ended
3/31/01,
revenues
rose
from
$398
thousand
to
$1.7
million.
Net
loss
increased
74%
to
$6
million.
Revenues
reflect
sales
to
four
customers.
Higher
loss
reflects
the
inclusion
of
a
$241
thousand
restructuring
charge
and
an
increase
in
personnel-related
expenses. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Jeremy Simpson, 66 | Chairman | D. Bruce Walter | Pres,
CEO, Director | Patti Brown | CFO,
VP | Pritesh Patel | VP,
CTO | Raymond Dittrich | VP,
Sales and Bus. Devel. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|