| Business Summary | | Applied
Imaging
Corp.
is
a
provider
of
automated
cytogenetic
instrument
systems.
The
Company's
products
are
sold
worldwide
through
a
direct
sales
force,
third-party
distributors
and
independent
sales
representatives.
The
Company
sells
its
products
to
government
and
private
clinical
laboratories,
research
institutions,
universities,
and
pharmaceutical
companies
located
in
the
United
States,
Canada,
Europe,
and
the
Pacific
Rim.
The
Company
also
markets
imaging
systems
designed
for
use
in
plant
and
animal
genetic
research
programs.
In
addition,
the
Company
recently
introduced
and
has
received
clearance
from
the
Food
and
Drug
Administration
for
a
clinical
system
to
detect
micrometastatic
cancer
cells
in
bone
marrow
from
cancer
patients.
This
system
and
its
research
capabilities
allows
physicians
to
better
determine
the
initial
staging
of
cancer
cases,
to
detect
disease
recurrence
earlier
than
is
currently
possible
and
to
genetically
characterize
cancer
cells. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Applied
Imaging
designs,
develops,
manufactures
and
markets
automated
image
analysis
systems
used
by
cytogenetic
laboratories
for
prenatal,
cancer
and
other
genetic
testing
applications.
For
the
six
months
ended
6/30/01,
revenues
rose
5%
to
$8.5
million.
Net
loss
rose
44%
to
$2.6
million.
Revenues
reflect
increased
service
contracts
and
North
America
sales.
Higher
loss
reflects
increased
sales
and
marketing
expenses
due
to
higher
MDS
sales
and
support
personnel. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jack Goldstein, Ph. D., 53 Chairman | $363K | Carl Hull, 42 Pres,
CEO, Director | 238K | Barry Hotchkies, 55 CFO,
VP-Fin. | 128K | Padraig O'Kelly, 42 VP-Operations | 187K | Daniel Bowman, 42 VP--Worldwide
Sales and Marketing | 273K | 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
|
|