| Business Summary | | Electric
Fuel
Corp.
is
a
developer
of
primary
and
refuelable
Zinc-Air
fuel
cell
technology,
pioneering
advancements
in
consumer
electronics,
electric
vehicles
and
defense
and
safety
products.
The
Company
operates
in
three
business
segments:
Instant
Power,
Electric
Vehicles,
and
Defense
and
Safety
Products.
The
Instant
Power
Division
manufactures
disposable
cellphone
batteries
based
on
Electric
Fuel's
zinc-air
battery
technology.
The
Electric
Vehicles
division
is
subcontracted
by
the
U.S.
government
to
develop
electric
vehicles,
and
hopes
this
will
result
in
fleet
operators
(primarily
bus
and
mass
transit
operators)
introducing
electric
vehicles
into
their
fleets.
The
Defense
and
Safety
Products
Division
oversees
the
Company's
water-activated
lifejacket
lights
for
commercial
aviation
and
marine
applications,
and
will
pursue
further
development
of
the
safety
products
business. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | EFCX
is
engaged
in
the
design,
development
and
commercialization
of
zinc-air
battery
technology
for
portable
consumer
electric
devices,
electric
vehicles
and
defense
applications.
For
the
six
months
ended
6/30/01,
revenues
rose
37%
to
$1.8
million.
Net
loss
rose
50%
to
$8
million.
Results
reflect
increased
sales
of
Instant
Power
batteries
and
chargers
and
higher
sales
from
the
Electric
Vehicle
division,
offset
by
higher
selling
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Ehrlich, 63 Chairman,
CFO | $582K | Yehuda Harats, 50 Pres,
CEO, | 507K | Joshua Degani, 53 Exec.
VP - Technical Operations and COO | 193K | Avihai Shen, 33 VP-Fin. | -- | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|