| Business Summary | | Productivity
Technologies
Corp.
is
a
manufacturer
of
automated
industrial
systems,
machinery,
equipment,
electrical
components
and
engineering
services.
The
Company
provides
its
products
and
services
through
two
wholly
owned
subsidiaries,
Atlas
Technologies,
Inc.
and
Westland
Control
Systems,
Inc.
Atlas
is
a
leading
innovator
and
supplier
of
quick
die
change,
flexible
transfer,
and
stacking/destacking
equipment
used
to
automate
automotive
and
other
metal
stamping
operations.
Westland
designs
and
manufactures
custom
electrical
control
panels
primarily
for
use
in
production
machinery
and
machine
tools
utilized
in
automotive,
adhesive
&
sealant,
food
processing,
and
other
industrial
applications. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Productivity
Technologies,
a
holding
company
for
Atlas
Technologies
Inc.
and
Westland
Control
Systems,
Inc.
manufactures
automated
industrial
systems,
machinery,
equipment,
components
and
engineering
services.
For
the
nine
months
ended
3/31/01,
revenues
fell
17%
to
$19.5
million.
Net
loss
totaled
$2.3
million,
up
from
$175
thousand.
Results
reflect
lower
revenues
from
Atlas
due
to
a
lower
than
customary
backlog
and
the
inclusion
of
Westland's
operating
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Samuel Seidman, Ph.D., 66 Chairman,
Pres, CEO | $79K | Jesse Levine, 33 CFO,
VP, Sec., | -- | Michael Austin, 49 Pres
and CEO of Atlas Technologies, Inc., Director | 204K | James Kolinski VP-Operations | -- | Robert Cuccaro, 45 VP,
Controller | -- | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|