| Business Summary | | Bio-Medical
Automation,
Inc.
(BMA)
was
incorporated
under
the
name
OZO
Diversified
Automation,
Inc.
The
Company
changed
its
name
to
BMA
following
shareholder
approval
of
the
name
change
in
connection
with
the
sale
of
substantially
all
of
the
Company's
assets
to
JOT
Automation,
Inc.
Since
its
formation,
and
until
the
completion
of
the
JOT
Transaction,
the
Company
had
been
engaged
in
the
design
and
manufacture
of
robotic
workstations
for
the
electronics
industry.
In
recent
years
the
Company
had
also
developed
a
prototype
micro-robotic
device
to
manipulate
organic
tissues
on
an
extremely
small
scale. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BMAI
engaged
in
developing
a
prototype
micro-robotic
device
to
manipulate
organic
tissues
on
an
extremely
small
scale.
The
Company
sold
its
routing
and
depaneling
business
to
JOT
in
order
to
focus
its
efforts
on
the
development
of
this
prototype
device.
For
the
six
months
ended
6/30/01,
revenues
rose
48%
to
$4
thousand.
Net
fell
40%
to
$40
thousand.
Results
reflect
higher
interest
income,
partially
offset
by
higher
G/A
expenses
as
a
percentage
of
sales. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Steven Bronson, 34 | Chairman,
Pres, Sec., Treasurer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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