| Business Summary | | QRS
Music
Technologies,
Inc.
(QRSM),
formed
in
January
1990,
is
engaged
in
primary
lines
of
business
were
manufacture
and
sale
of
Pianomation
Music
Instrument
Digital
Interface
(MIDI),
manufacture
and
sale
of
Story
&
Clark
pianos,
sale
of
MIDI
CDs
and
floppy
disks
and
manufacture
and
sale
of
music
rolls
for
player
pianos.
The
Company's
corporate
offices
and
Pianomation
development
facilities
and
showroom
are
located
in
Naples,
Florida.
QRSM
also
has
a
warehouse,
piano
restoration,
and
showroom
facility
in
Las
Vegas,
Nevada,
piano
manufacturing
and
Pianomation
assembly
and
showroom
facilities
in
Seneca,
Pennsylvania,
and
a
piano
roll
manufacturing
and
warehouse
facility
and
software
development
facility
in
Buffalo,
New
York. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | QRS
Music
Technologies
is
primarily
engaged
in
the
manufacture
and
sale
of
Pianomation
MIDI,
the
manufacture
and
sale
of
Story
and
Clark
pianos,
the
sale
of
MIDI
CDs
and
floppy
disks
and
the
manufacture
and
sale
of
piano
rolls.
For
the
nine
months
ended
3/31/01,
net
sales
rose
13%
to
$11.5
million.
Net
income
applicable
to
Common
rose
85%
to
$1.1
million.
Results
reflect
increased
sales
of
Pianomation
systems
and
higher
margins
due
to
reduced
component
costs. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Richard Dolan, 64 | Pres,
CEO, Director | Ann Jones, 35 | CFO,
Sec., Treasurer, Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|