| Business Summary | | Micromem
Technologies,
Inc.
(Micromem),
through
a
wholly
owned
subsidiary,
Pageant
Technologies
Incorporated
(Pageant
International),
is
engaged
in
the
development
and
exploitation
of
a
patented
technology
known
as
MAGRAM.
This
technology
relates
to
high
performance
memory
and
memory
intensive
logic
products
having
the
characteristics
of
nonvolatility,
which
is
the
ability
to
retain
information
after
power
has
been
shut
off;
and
random
read/write
capability,
which
is
the
ability
to
read
or
write
information
by
going
directly
to
the
appropriate
location
rather
than
by
starting
at
the
first
location
and
proceeding
sequentially
until
the
appropriate
location
is
reached.
Micromem's
objective
is
to
focus
on
particular
market
segments
for
which
its
MAGRAM
technology
would
be
suited
and
then
either
manufacture
products
adapted
for
use
by
those
market
segments
or
license
the
MAGRAM
technology
and
work
with
each
licensee
to
adapt
the
technology
to
meet
that
licensee's
particular
needs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Micromem
Technologies
Inc.
is
engaged
in
the
development
and
exploitation
of
patented
technology
known
as
MAGRAM
which
relates
to
high
performance
memory
and
memory
intensive
logic
products.
For
the
six
months
ended
4/30/01,
revenues
totaled
$108
thousand,
up
from
$3.
Net
loss
rose
43%
to
$2.7
million.
Revenues
reflect
interest
earned
on
excess
funds
deployed
in
short-term
deposits.
Higher
loss
reflects
higher
development
expenses
for
the
memory
technologies. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Sam Fuda, 65 | Chairman | Raj Viswanathan | CFO | Dale Hensley, Ph.D. | COO,
Director | Manoj Pundit | Exec.
VP, Gen. Counsel, Director | James Stephenson | Director
of Research |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|