| Business Summary | | Telepanel
Systems
Inc.
develops,
manufactures
and
supplies
products
used
in
the
emerging
electronic
shelf
label
(ESL)
industry.
Telepanel
has
developed
an
ESL
system
for
use
in
the
retail
industry
and,
in
particular,
the
supermarket
sector.
Telepanel's
ESL
system
is
capable
of
automatically
updating
price
and
other
promotional
information
shown
on
a
store
shelf
through
the
use
of
a
proprietary,
wireless
system
of
two-way
radio
frequency
communications
technology
which
links
a
store's
electronic
checkout
scanner
system
to
liquid
crystal
display
(LCD)
modules
mounted
in
front
of
a
product
on
a
store's
existing
shelf
edge.
Approximately
2
million
Telepanel
wireless
display
modules
are
presently
installed
and
operating
throughout
the
United
States,
Canada
and
in
Europe. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Telepanel
Systems
Inc.
develops,
manufactures
and
supplies
an
electronic
shelf
pricing
and
information
system
for
use
in
the
retail
industry
and,
in
particular,
the
supermarket
industry.
For
the
three
months
ended
4/30/01,
product
sales
rose
51%
to
C$820
thousand.
Net
loss
according
to
US
GAAP
fell
8%
to
C$1.2
million.
Revenues
reflect
increased
product
sales.
Lower
loss
was
partially
offset
by
increased
interest
expense. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Joseph Riz | Chairman | Garry Wallace | Pres,
CEO | Christopher Skillen | Vice
Chairman | Gregory Miller | Exec.
VP and COO | Garth Aasen | Exec.
VP - Sales and Marketing |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|