| Business Summary | | Advanced
Photonix,
Inc.
is
engaged
in
the
development
and
manufacture
of
optoelectronic
semiconductor-based
components,
hybrid
assemblies
and
other
proprietary
solid
state
light
and
radiation
detection
devices,
including
proprietary
advanced
solid
state
silicon
photodetection
devices,
which
utilize
avalanche
photodiode
(APD)
technology.
The
Company's
proprietary
technology
extends
the
capability
of
the
traditional
APD
by
introducing
a
large
surface
area
silicon
device
or
large
area
avalanche
photodiode
(LAAPD).
The
Company
developed
the
LAAPD
as
an
alternative
to
the
photomultiplier
vacuum
tube,
which
has
been
used
for
many
years
as
the
primary
technology
for
certain
measurement,
control
and
monitoring
applications
in
industrial,
medical,
military,
scientific
and
commercial
settings. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | API
designs
and
manufactures
optoelectronic
semiconductor
based
components,
and
proprietary
and
other
solid
state
light
and
radiation
detection
devices.
For
the
three
months
ended
6/24/01,
revenues
rose
10%
to
$1.8
million.
Net
income
rose
83%
to
$355
thousand.
Revenues
reflect
increased
sales
volume
in
the
medical
equipment
and
medical
imaging
markets.
Higher
income
also
reflects
improved
gross
margins,
increased
production
efficiencies
and
cost
cutting
efforts. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard Kurtz, 48 Chairman | -- | Brock Koren, 36 Pres,
CEO, Director | $196K | Susan Schmidt, 34 CFO
of Fin. | -- | Paul Sharman, 42 VP-
Operations | -- | Dollar amounts are as of 26-Mar-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
|
|