| Business Summary | | QualMark
Corp.
designs,
manufactures
and
markets
equipment
that
exposes
product
design
and
manufacturing-related
defects
for
the
purpose
of
improving
product
quality
and
reliability.
The
Company's
high
performance
physical
stress
equipment
supports
improvements
in
the
process
of
design
verification
testing
and
environmental
stress
screening.
The
Company
evolved
from
a
business
manufacturing
and
marketing
its
Omni-axial
Vibration
System
equipment
to
a
full
service
organization
offering
Highly
Accelerated
Life
Test
(HALT)
and
Highly
Accelerated
Stress
Screen
(HASS)
test
services.
The
Company
operates
a
network
of
test
centers,
known
as
Accelerated
Reliability
Test
Centers,
which
provide
HALT
and
HASS
test
and
support
services
to
industry. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | QMRK
designs,
manufactures
and
markets
proprietary
systems
that
expose
product
design
and
manufacturing-related
defects
for
the
purpose
of
improving
product
quality
and
reliability.
For
the
three
months
ended
3/31/01,
revenues
fell
23%
to
$2.7
million.
Net
loss
applicable
to
Common
totaled
$149
thousand
vs.
an
income
of
$47
thousand.
Revenues
reflect
lower
number
of
test
centers
in
operation.
Net
losses
reflect
higher
R&D
expenses
due
to
the
completion
of
a
development
project. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
2,604;
after
tax
earnings
were
-795. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Sanko, 60 Chairman | -- | Charles Johnston, 58 Pres,
CEO, Director | $82K | Joseph Ruth VP of Sales and Marketing | -- | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|