| Business Summary | | Versus
Technology,
Inc.
and
its
wholly
owned
subsidiary,
Olmsted
Engineering
Co.,
operates
in
two
business
segments:
data
collection
and
processing,
and
systems
design
and
engineering.
Versus
develops
leading-edge
technology
used
for
process
improvement
in
the
healthcare,
security,
government
and
corporate
facility
markets.
Versus'
core
technology
makes
locating
systems
more
precise,
security
systems
more
intelligent,
data
collection
routines
automatic
and
asset
management
systems
more
efficient.
Versus'
systems,
which
are
currently
installed
in
hospitals,
corporate
facilities,
government
facilities
and
other
complexes,
permit
the
automatic
and
accurate
registry
of
essential
management
and
business
information.
By
monitoring
the
precise
location
of
personnel
or
equipment
and
automatically
recording
events
associated
with
their
locations,
the
systems
offer
real-time
asset
and
staff
locating,
automatic
data
collection,
access/egress
control
and
two-way
communication
capabilities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VSTI
develops
products
which
permit
the
identification
and
location
of
people
and
equipment,
and
can
be
used
to
control
access,
record
events,
and
permit
two-way
communication.
For
the
six
months
ended
4/30/01,
sales
fell
13%
to
$1.5
million.
Net
loss
before
accounting
change
rose
55%
to
$1.5
million.
Revenues
reflect
lower
direct
sales.
Higher
loss
reflects
non-recurring
costs
associated
with
initial
production
runs
of
the
PIC
chip-based
badge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Gary Gaisser, 49 Pres
and CEO | $246K | Henry Tenarvitz, 48 COO | 111K | Robert Butler, 53 Controller,
CAO, Sec. | -- | 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
|
|