| Business Summary | | Stratus
Services
Group
Inc.
is
a
business
services
company
engaged
in
providing
outsourced
labor
and
operational
resources
on
a
long-term,
contractual
basis.
Through
its
SMARTSolutions
Division,
the
Company
provides
a
customized
staffing
program
designed
to
reduce
labor
and
management
costs
and
increase
workforce
efficiency.
Its
Engineering
Services
Division
provides
technical
engineering
services
including
on-site
staff
augmentation
and
in-house
project
work.
The
Staffing
Services
Division
provides
temporary
workers
for
short-term
needs,
extended-term
temporary
employees,
temporary-to-permanent
placements,
recruiting,
permanent
placements,
payroll
processing,
on-site
supervising
and
human
resource
consulting.
In
March
2001,
the
Company
announced
that
the
SMARTSolutions
Division
will
become
the
Support
Services
Division,
responsible
for
managing
the
rollout,
training
of
personnel
on
the
SMARTSolutions
program
and
monitoring
the
ongoing
support
of
all
SMARTSolutions
accounts. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Stratus
Services
Group
is
a
provider
of
temporary
staffing
and
engineering
services,
including
light
industrial,
clerical,
distribution,
technical
and
other
staffing
services,
operating
through
a
network
of
thirteen
offices
in
seven
states.
For
the
nine
months
ended
6/30/01,
revenues
rose
85%
to
$47.7
million.
Net
loss
totaled
$3.4
million
vs.
an
income
of
$495
thousand.
Results
reflect
acquisitions
and
growth
of
the
SMARTSolutions
division,
offset
by
integration
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Joseph Raymond, 65 Chairman,
CEO | $154K | Michael Maltzman, 53 CFO,
Treasurer | 177K | J. Todd Raymond, 32 Gen.
Counsel, Sec. | -- | A. George Komer, 48 Pres,
Staffing Services Division | 165K | Mark Levine, 39 CMO | 165K | Dollar
amounts are as of 30-Sep-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
|
|