| Business Summary | | Accent
Color
Sciences,
Inc.
designs,
develops
and
manufactures
products
integrating
high-speed
ink
jet
printing
technology.
Through
2000,
the
Company's
primary
focus
was
on
the
development
and
manufacture
of
high-speed,
highlight
color
printing
systems,
known
as
Truecolor
Systems.
Truecolor
Systems
are
used
in
combination
with
high-speed
monochrome
printers
in
the
transactional
printing
market
in
the
printing
of
documents,
such
as
billing
statements,
account
balance
statements
and
customer
correspondence.
Late
in
2000,
the
Company
announced
its
intention
to
refocus
its
business
on
the
industrial
printing
market
where
the
Company
has
identified
a
need
for
the
integration
of
ink
jet
printing
into
product
production
lines
for
printing
on
packaging
and
other
applications. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Accent
Color
Sciences
designs,
manufactures
and
sells
innovative,
high-speed,
spot
color
printing
sytems
for
integration
with
digital,
high-speed,
black-on-white
printers
and
sells
related
consumables.
For
the
three
months
ended
3/31/01,
revenues
fell
51%
to
$558
thousand.
Net
loss
fell
52%
to
$771
thousand.
Revenues
reflect
decreased
Truecolor
printing
systems
sales.
Lower
loss
reflects
the
cessation
of
printer
production
due
to
lack
of
orders
and
lower
interest
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Richard Coburn, 68 Chairman | $165K | Charles Buchheit, 59 Pres
and CEO | 390K | Norman Millard, 57 Vice
Chairman and CTO | 232K | Willard Pinney, Jr., 56 Sec. | -- | Dollar
amounts are as of 31-Dec-1999 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
|
|