| Business Summary | | Echelon
Corporation
develops,
markets
and
supports
products
and
services
that
allow
everyday
devices,
such
as
light
switches,
washing
machines,
conveyor
belts,
thermostats,
door
locks,
motion
sensors,
air
conditioners,
pumps
and
valves,
to
be
made
"smart"
and
to
communicate
with
one
another
and
across
the
Internet.
The
Company's
products
and
services
are
based
on
its
LonWorks
technology.
Its
LonWorks
technology
is
an
open
standard,
meaning
that
many
official
standards-making
bodies
have
published
industry
standards
based
on
all
or
parts
of
its
technology,
and
that
many
of
its
technology
patents
are
broadly
licensed
without
royalties
or
license
fees.
The
Company's
products
and
services
may
be
used
across
many
industries
to
network
together
everyday
devices
in
homes,
buildings,
factories
and
transportation
systems.
Echelon
offers
a
comprehensive
set
of
over
90
products
and
services
marketed
under
the
LonWorks
brand
name. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Echelon
Corporation
develops,
markets
and
supports
hardware
and
software
products
and
services
that
enable
original
equipment
manufacturers
and
systems
integrators
to
design
and
implement
open,
interoperable,
distributed
control
networks.
For
the
six
months
ended
6/30/01,
total
revenues
rose
10%
to
$26.5
million.
Net
income
totalled
$60
thousand,
vs.
a
loss
of
$1.2
million.
Results
reflect
increased
sales
of
control
and
connectivity
products
and
lower
marketing
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| M. Kenneth Oshman, Ph.D., 60 Chairman,
Pres, CEO | $1.6K | -- | Armas Markkula, Jr., 59 Vice
Chairman | -- | -- | Oliver Stanfield, 52 VP
of Fin. & CFO | 276.4K | $2.5M | Thad Starkey, 41 VP-Operations | -- | -- | Beatrice Yormark, 56 VP
of Marketing and Sales | 276.5K | 3.2M | 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
|
|