| Business Summary | | Forward
Industries,
Inc.
is
engaged
in
the
design
and
marketing
of
custom-designed
soft-sided
carrying
cases
made
from
leather,
nylon,
vinyl
and
other
synthetic
fabrics.
The
cases
are
used
primarily
for
the
transport
of
portable
electronic
devices
such
as
cellular
phones,
medical
devices
and
computers.
The
Company
markets
products
either
as
a
direct
seller
or
as
an
original
equipment
manufacturer
to
customers
in
the
United
States,
Europe,
Asia
and
Australia.
During
fiscal
2000
and
1999,
respectively,
approximately
55%
and
72%
of
its
sales
were
to
customers
outside
of
the
United
States. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FORD
is
engaged
in
the
design,
manufacture
and
marketing
of
custom-designed
soft-sided
carrying
cases
made
from
leather,
nylon,
vinyl
and
other
synthetic
fabrics
used
for
the
transport
of
portable
devices.
For
the
nine
months
ended
6/30/01,
revenues
decreased
21%
to
$9.9
million.
Net
income
decreased
78%
to
$120
thousand.
Revenues
reflect
lower
European
sales
due
to
decreased
order
placed
by
Motorolla.
Earnings
also
reflect
higher
personnel
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jerome Ball, 65 Chairman
and CEO | $202K | Michael Schiffman, 35 Pres
and COO | 230K | Douglas Sabra, 41 CFO,
VP | -- | Lawrence Mannes, 64 Exec.
VP | -- | Stephen Schiffman, 31 Sec.;
Vice-Pres of Marketing and Sales for Terrapin | -- | Dollar
amounts are as of 30-Sep-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
|
|