| Business Summary | | Nexus
Telocation
Systems
Ltd.
develops
specialized
long-range
wireless
solutions
for
location
and
messaging
applications
using
Frequency
Hopping
Spread
Spectrum
technology.
Nexus
operates
in
two
business
areas.
In
Automated
Meter
Reading
(AMR),
Nexus
provides
systems
for
AMR
and
other
fixed
telemetry
applications,
such
as
vending
machine
monitoring.
In
Telocation,
Nexus
provides
systems
for
mobile
location,
security
and
messaging
applications.
These
include
Automatic
Vehicle
Location
(AVL),
Automatic
Personal
Location
(APL)
and
two-way
paging.
Nexus
has
deployed
wireless
networks
in
various
locations
worldwide
for
utility
meter
reading,
anti-theft
vehicle
tracking
and
two-way
messaging
and
is
continuously
enhancing
its
product
range
in
these
fields.
The
Company's
headquarters
are
in
Givatayim,
Israel.
In
the
United
States,
Nexus
operates
a
subsidiary,
NexusData,
which
is
primarily
focused
on
serving
the
utility
AMR
market. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Nexus
Telocation
Systems
Limited
is
engaged
in
the
development,
production
and
marketing
of
the
Nexus
Network
and
APnet
System
technologies
which
deploy
commercial
wireless
applications
including
anti-theft
vehicle
tracking,
two-way
paging
and
automated
meter
reading.
For
the
three
months
ended
3/01,
revenues
totaled
$3.2
million,
up
from
$279
thousand.
Net
loss
fell
76%
to
$549
thousand.
Results
reflect
higher
product
sales,
and
a
$1.1
million
one-time
income
from
the
GWH
transaction. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
3,329;
after
tax
earnings
were
-2,409. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Yaron Shenman, 45 | Chairman | Shlomo Sadowsky | Pres,
CEO | Hanoch Yokev, 51 | Sr.
VP, CTO, Director | Hagai Goren | VP,
CFO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|