| Business Summary | | MotorVac
Technologies,
Inc.
designs,
develops,
assembles,
markets
and
sells
the
MotorVac
CarbonClean
System,
one
of
its
primary
product
lines,
for
the
diagnosis,
maintenance
and
repair
of
internal
combustion
engine
fuel
systems
primarily
for
the
automotive
after-market
repair
and
service
industry.
The
MotorVac
CarbonClean
System
is
comprised
of
a
fuel
system
cleaning
machine
and
a
proprietary
cleaning
detergent.
The
Company
markets
diesel
engine
cleaning
systems
under
the
trade
name
Industrial
Diesel
Tune
System.
Carbon
Tune,
another
product
of
the
Company,
is
a
three-part
kit
that
cleans
the
air
intake
system,
fuel
system,
combustion
chambers
and
exhaust
system
of
the
vehicle.
The
Company
also
designs,
assembles,
markets
and
sells
the
TRANSTECH
Transmission
Service
System.
This
product
allows
the
vehicle's
transmission
pump
to
flush
out
the
old
fluid
and
pump
in
new
fluid,
allowing
for
essentially
all
of
the
old
fluid
to
be
replaced. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MotorVac
Technologies
primarily
designs,
develops,
assembles,
markets
and
sells
the
MotorVac
CarbonClean
System,
a
system
for
the
diagnosis,
maintenance
and
repair
of
internal
combustion
engine
fuel
systems.
For
the
three
months
ended
3/31/00,
net
sales
fell
8%
to
$3.7
million.
Net
income
rose
10%
to
$313
thousand.
Results
reflect
lower
domestic
sales
of
TRANSTECH
machines
and
detergents,
offset
by
higher
margins
due
to
increased
sales
of
higher
margin
products. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Ronald Monark, 60 Chairman | -- | Lee Melody, 58 Pres,
CEO, | $285K | Michael Arkell, 53 Sr.
VP of Sales | 191K | David Nelson, 58 VP
of Fin., CFO, Treasurer, and Sec. | 157K | John Rome, 61 VP
of Operations | 139K | Dollar amounts are as of 31-Dec-1999 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
|
|