| Business Summary | | Ionic
Fuel
Technology
Inc.
is
an
environmental
technology
company
engaged
in
the
design,
assembly,
marketing,
sale
and
leasing
of
its
patented,
proprietary
IFT
System
designed
to
reduce
harmful
airborne
emissions
from
and
increase
fuel
efficiency
of
heating
and
power
generation
systems.
The
IFT
System,
which
is
attached
to
a
customer's
heating
or
power
generation
equipment,
produces
negatively
charged
ions
by
passing
an
air
flow
over
a
body
of
vibrating
liquid
and
into
the
combustion
chamber
or
air
intake
of
the
customer's
machinery.
The
Company
currently
markets
the
System
to
various
industries
in
the
U.K.
and
Europe. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | IFTI
designs,
assembles,
markets,
sells
and
leases
its
patented
IFT
system,
designed
to
reduce
airborne
emissions
from
and
increase
fuel
efficiency
of
heating
and
power
generation
systems.
For
the
nine
months
ended
3/31/01,
revenues
rose
54%
to
$786
thousand.
Net
loss
fell
7%
to
$747
thousand.
Revenues
benefited
from
the
introduction
of
engineering
consulting
services.
Lower
loss
reflects
reductions
in
service
department
and
manufacturing
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Anthony Garner, 60 Chairman,
Pres, CEO, Chief Financial Officer | $91K | Dollar amounts are as of 30-June-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
|
|