| Business Summary | | Medis
Technologies
Ltd.
is
mainly
involved
in
the
development
and
commercialization
of
direct
liquid
methanol
fuel
cells
and
attendant
refueling
cartridges
for
use
in
portable
electronic
devices
which
currently
use
as
their
power
source
rechargeable
or
disposable
batteries.
Such
devices
include
cell
phones,
personal
digital
assistants,
laptop
computers
and
certain
military
devices.
The
Company
believes
that
the
catalyst
component
of
its
fuel
cells
may
also
have
stand-alone
applications
in
such
fields
as
electro
and
organic
synthesis,
producing
mineral
fertilizer
and
reforming,
cleaning
and
purifying
industrial
and
automotive
gases
and
exhaust
fumes. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Medis
Technologies
Ltd.,
a
holding
company,
which
through
its
majority-owned
indirect
subsidiary,
Medis
El
Ltd.,
engages
in
research
and
development
activities.
For
the
six
months
ended
6/30/01,
the
Company
reported
no
revenues.
Net
loss
rose
58%
to
$15
million.
Results
reflect
the
lack
of
any
revenue
generating
operations,
an
increase
in
non-cash
charges
relating
to
options
and
warrants
and
higher
salaries. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000
Compensation | | Pay | Exer | |
| Robert Lifton, 73 Chairman,
CEO, Sec. | $183K | $354K | Howard Weingrow, 78 Pres,
Treasurer, Director | -- | -- | Zvi Rehavi, 66 Exec.
VP | 398K | -- | Jacob Weiss, 48 Sr.
VP-Bus. Devel., Director | -- | -- | Israel Fisher, 53 VP-Fin. | 178K | -- | 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
|
|