| Business Summary | | H
Power
Corp.
is
a
fuel
cell
development
company.
The
Company
believes
that
it
was
the
first
to
complete
a
commercial
sale
of
proton-exchange
membrane,
or
PEM,
fuel
cell
systems.
The
Company's
PEM
fuel
cells
are
designed
to
provide
electricity
for
a
wide
range
of
stationary,
portable
and
mobile
applications.
The
Company
is
now
offering
for
sale
five
portable
and
mobile
fuel
cell
systems
ranging
in
power
from
35
watts
to
250
watts
under
the
trade
name
PowerPEM.
These
products
are
designed
as
battery
substitutes
and
power
sources
for
potential
applications
ranging
from
traffic
systems
to
golf
carts
to
consumer
devices. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | H
Power
is
a
leading
fuel
cell
development
company
that
designs
and
markets
proton-exchange
membrane
fuel
cells
designed
to
provide
electricity
for
a
wide
range
of
stationary,
portable
and
mobile
applications.
For
the
fiscal
year
ended
5/31/01,
revenues
fell
1%
to
$3.6
million.
Net
loss
applicable
to
Common
increased
29%
to
$22.2
million.
Revenues
reflect
the
commercialization
of
the
Company's
fuel
cell
products.
Higher
loss
reflects
increased
personnel
and
R&D
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| H. Frank Gibbard, Ph.D., 59 CEO,
Director | $216K | William Zang, 47 CFO,
Director | 57K | Dudley Wass, 54 COO | -- | Lawrence Sanders, 51 VP
of Sales and Marketing | -- | Alan Attia, 57 VP-R&D | -- | Dollar
amounts are as of 31-May-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
|
|