| Business Summary | | SRS
Labs,
Inc.
is
a
developer
and
provider
of
audio
and
voice
technology
solutions
for
the
consumer
electronics,
home
theater,
computer,
game,
Internet
and
telecommunications
markets.
For
the
fiscal
year
ended
December
31,
2000,
principal
business
activities
in
these
markets
included
developing
and
licensing
audio
and
voice
technologies
to
original
equipment
manufacturers
(OEMs)
and
semiconductor
manufacturers
around
the
world;
licensing
of
audio-
and
voice-enhancement
technology
solutions
for
the
Internet
and
telecommunications
markets
through
its
majority-owned
subsidiary,
SRSWOWcast.com,
Inc.;
designing
and
selling
technology
solutions
through
custom
application-specific
integrated
circuits
to
OEMs
through
its
wholly
owned
subsidiary,
ValenceTech
Limited
and
its
foreign
subsidiaries,
and
designing,
distributing
and
manufacturing
components,
sub-assemblies
and
finished
goods
for
targeted
markets
within
selected
OEM
and
retail
communities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SRSL
is
a
developer
and
provider
of
technology
solutions
for
the
consumer
electronics,
computer,
game
and
telecommunications
markets.
For
the
six
months
ended
6/30/01,
revenues
decreased
33%
to
$9.2
million.
Net
loss
decreased
70%
to
$2.5
million.
Revenues
reflect
reduced
demand
for
consumer
electronics
products.
Net
loss
reflects
the
absence
of
a
$3.1
million
non-cash
stock
issuance
charge
and
decreased
R&D
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Thomas C. Yuen, 49 Chairman,
CEO, Director and Pres | $267K | $379K | Alan Kraemer, 50 Exec.
VP, Technology and Bus. Devel. | -- | -- | Darrell Baker, 42 VP-Fin.,
Sec., Acting Treasurer | -- | -- | James Gardner, 54 VP-Operations | 113K | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|