| Business Summary | | Sonics
&
Materials,
Inc.
designs,
manufactures
and
ultrasonic
bonding
equipment
for
the
welding,
joining
and
fastening
of
thermoplastic
components,
textiles
and
other
synthetic
materials,
and
ultrasonic
liquid
processors
for
dispersing,
blending,
cleaning,
degassing,
atomizing
and
reducing
particles
as
well
as
expediting
chemical
reactions.
To
further
address
the
needs
of
its
customers,
the
Company
also
manufactures
a
spin
welder
and
the
vibration
welder,
both
of
which
are
used
for
the
bonding
of
thermoplastic
components. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sonics
and
Materials,
Inc.
is
a
manufacturer
and
distributor
of
ultrasonic
assembly
and
liquid
processing
machinery
and
equipment.
For
the
nine
months
ended
3/31/01,
revenues
decreased
18%
to
$8.5
million.
Net
loss
from
continuing
operations
totalled
$310
thousand
vs.
an
income
of
$214
thousand.
Revenues
reflect
decreased
sales
in
Tooltex
and
plastic
welding
equipment.
Higher
loss
also
reflects
increased
general
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Robert Soloff, 61 Chairman,
Pres and CEO | $133K | Lauren Soloff, 34 VP
of Legal Affairs and Investor Relations, Sec. | -- | 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
|
|