| Business Summary | | Primesource
Healthcare,
Inc.,
formerly
known
as
Luxtec
Corporation,
is
engaged
in
the
design,
manufacture,
marketing
and
distribution
of
fiber
optic
headlight
and
video
camera
systems,
light
sources,
cables,
retractors,
and
surgical
and
other
custom-made
surgical
equipment
for
the
medical
and
dental
industries.
The
Company
has
developed
a
proprietary,
totally
programmable,
fiber
optic
drawing
system,
designed
to
manufacture
optical
glass
to
a
predetermined
diameter,
as
well
as
to
control
the
actual
size
of
the
fiber
bundles.
The
fibers
are
utilized
in
fiber
optic
cables
that
are
incorporated
with
Primesource
Healthcare's
Surgical
Headlight
Systems
and
the
Video
Camera
Systems,
as
well
as
in
an
array
of
fiber
optic
transilluminators
utilized
with
the
Company's
surgical
instruments.
The
Company
also
markets
replacement
fiber
optic
cables
and
light
sources
for
use
with
other
manufacturers'
products,
including
various
endoscopic
systems
used
in
minimally
invasive
surgical
procedures. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Primesource
Healthcare,
Inc.
designs,
manufactures,
markets
and
distributes
fiber
optic
headlight
and
video
camera
systems,
cables,
retractors,
light
sources,
surgical
telescopes
and
other
custom
made
medical
and
dental
equipment.
For
the
three
months
ended
1/31/01,
net
revenues
fell
39%
to
$1.2
million.
Net
loss
applicable
to
Common
totaled
$1.9
million
vs.
an
income
of
$2
thousand.
Results
reflect
a
delay
in
shipments
due
to
the
relocation
of
operations
and
increased
severance
costs. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| John Rooney, 38 Chairman,
Exec. VP | -- | James Hersma, 52 Pres,
CEO, Director | -- | Michael Bayley, 41 CFO,
Director | -- | Patrick Phillipps, 55 VP
of Engineering | $114K | Dollar amounts are as of 31-Oct-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
|
|