| Business Summary | | Valence
Technology,
Inc.
designs,
manufactures,
and
markets
of
rechargeable
lithium
polymer
batteries.
The
Company
has
developed
seven
standard
battery
product
designs,
which
can
be
commercially
produced
through
low
cost,
high
volume
manufacturing
processes.
Historically,
the
Company
has
leveraged
the
application
of
its
technology
in
the
mobile
communications
market.
The
Company
plans
to
greatly
expand
the
target
markets
it
participates
in
to
include
computing
and
communications,
consumer
electronics,
appliances
and
toys
and
vehicular
and
uninterruptible
power
supplies
systems. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Valence
Technology,
Inc.
is
engaged
in
research
and
development
to
produce
advanced
rechargeable
batteries
based
upon
lithium
and
polymer
technologies.
For
the
13
weeks
ended
6/30/01,
revenues
rose
43%
to
$2.9
million.
Net
loss
applicable
to
Common
fell
2%
to
$9.1
million.
Revenues
reflect
the
strategic
shift
from
battery
and
laminate
sales
to
licensing
and
royalty
revenues
with
the
acquisition
of
technology
rights.
Lower
loss
reflects
improved
gross
and
operating
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Lev Dawson, 62 Chairman | $282K | Stephan Godevais, 39 Pres,
CEO, Director | -- | Michael Mahan, 43 Sr.
VP, Marketing and Licensing | 150K | Kevin Mischnick VP-Fin. | -- | Joseph Lamoreux, 39 VP,
Systems Engineering | -- | Dollar amounts are as of 31-Mar-2001 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
|
|