| Business Summary | | Paradigm
Medical
Industries,
Inc.
develops,
manufactures,
sources,
markets
and
sells
ophthalmic
surgical
and
diagnostic
instrumentation
and
related
accessories,
including
disposable
products.
The
Company's
surgical
equipment
is
designed
for
minimally
invasive
cataract
treatment.
The
Company
markets
three
cataract
surgery
systems
with
related,
accessories
and
disposable
products.
The
Company's
flagship
cataract
removal
system,
the
Photon,
is
a
laser
cataract
surgery
system
marketed
as
the
next
generation
of
cataract
removal. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Paradigm
Medical
Industries,
Inc.
develops,
manufactures,
sources,
markets
and
sells
ophthalmic
surgical
and
diagnostic
equipment
and
instrumentation.
For
the
six
months
ended
6/30/01,
revenues
fell
13%
to
$3.2
million.
Net
loss
rose
49%
to
$5.7
million.
Revenues
suffered
from
the
reorganization
of
the
sales
department
and
the
loss
of
two
sales
representatives.
Higher
loss
reflects
a
$1.1
million
beneficial
conversion
feature
on
Series
E
Preferred
Stock. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Thomas Motter, 52 Chairman,
CEO | $693K | -- | Mark Miehle, 48 Pres,
COO | 435K | -- | John Hemmer, 73 CFO,
VP-Fin., Treasurer | -- | $287K | Randall Mackey, 54 Sec.,
Director | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|