| Business Summary | | Markland
Technologies,
Inc.,
formerly
Quest
Net
Corp.,
is
a
marketer
and
distributor
of
high-end
home
theater
projection
systems
and
related
support
equipment
primarily
in
the
United
States.
The
Company's
ISO
9001-
and
9002-certified
manufacturing
facility
in
Milan,
Italy
utilizes
advanced
Statistical
Process
Control
(SPC)
procedures
in
every
major
phase
of
production.
Markland's
"technical
edge"
is
a
series
of
inspections
(visual
and
computer)
that
monitor
and
prevent
production
from
"being
out-of-spec."
In
the
design
phase,
computerized
models
are
pre-tested
prior
to
building
the
prototype.
The
prototype
is
then
tested.
Engineers
make
modifications
and
improvements,
and
then
make
prototypes
until
the
product
meets
Markland's
standards.
By
the
time
the
final
products
are
completed,
they
have
been
tested
at
over
300
critical
phases
of
production.
The
Company
was
formed
on
July
20,
2001
through
a
reverse
acquisition
between
Vidikron
of
America,
Inc.
and
Quest
Net
Corp. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Markland
Technologies
is
a
marketer
and
distributor
of
high-end
home
theater
projection
systems
and
related
support
equipment
primarily
in
the
United
States.
For
the
fiscal
year
ended
12/31/00,
net
sales
fell
23%
to
$6.7
million.
Net
loss
decreased
39%
to
$968
thousand.
Revenues
reflect
reduced
amounts
earned
on
the
distribution
of
home
theater
systems.
Lower
loss
reflects
higher
gross
margins
and
lower
selling,
general
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | James Wellnitz | Pres,
Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|