| Business Summary | | Active
Power,
Inc.
designs,
manufactures
and
markets
battery-free
power
quality
products
that
are
designed
to
provide
the
consistent,
reliable
electric
power
required
by
the
digital
economy.
The
Company
commercialized
a
flywheel
energy
storage
system
that
is
engineered
to
provide
a
reliable,
low-cost
and
non-toxic
replacement
for
lead-acid
batteries,
used
in
conventional
power
quality
installations.
In
conjunction
with
Caterpillar,
a
maker
of
engine
generators
for
the
power
reliability
market,
the
Company
has
developed
a
battery-free
power
quality
system
that
is
marketed
under
the
Caterpillar
brand
name.
As
an
extension
of
these
existing
product
lines,
the
Company
is
developing
a
fully
integrated
continuous
power
system.
The
initial
target
market
for
this
product
is
the
rapidly
growing
telecommunications
industry. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ACPW
designs,
manufactures
and
markets
power
quality
products
that
provide
the
consistent,
reliable
power
required
by
the
digital
economy,
utilizing
a
flywheel
energy
storage
system
as
a
replacement
for
lead
acid
batteries.
For
the
six
months
ended
6/30/01,
revenues
totalled
$11.8
million
up
from
$861
thousand.
Net
loss
applicable
to
Common
fell
49%
to
$13.6
million.
Results
reflect
an
increase
in
sales
of
the
CleanSource
UPS
product
line,
partially
offset
by
higher
operating
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Eric Jones, Ph.D., 65 Chairman | -- | -- | Joseph Pinkerton, III, 37 Pres,
CEO, Director | $335K | -- | David Gino, 42 VP-Fin.,
CFO, Treasurer, Sec. | 254K | $5.1M | William Ott, II, 45 VP
of Sales and Service | 206K | 1.9M | James Balthazar, 47 VP
of Marketing | 172K | 7.3M | 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
|
|