| Business Summary | | Thermacell
Technologies,
Inc.
(Thermacell)
was
formed
to
develop,
manufacture,
and
market
insulating
materials
and
coatings
using
partially
evacuated
glass
microspheres
(sometimes
referred
to
as
"shells").
Evacuated
shells
are
capable
of
forming
vacuums
that
limit
heat
transfer.
The
Company's
strategy
is
to
commercially
exploit
the
use
of
its
shell
technology
to
improve
the
insulation
values
of
a
number
of
products.
In
fiscal
year
1995,
the
Company
completed
the
development
of
its
first
product
line
that
consisted
of
paints
and
coatings
containing
shells
in
order
to
reduce
heat
transmission
and
improve
the
insulation
values
of
the
products.
The
products
are
marketed
under
the
ThermaCool
label.
The
Company
has
the
rights
to
certain
patent
applications
relating
to
evacuated
shells. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Thermacell
Technologies,
Inc.
develops,
manufactures
and
markets
insulating
materials
and
coatings
using
partially
evacuated
glass
microspheres
(``shells'').
For
the
three
months
ended
12/31/00,
revenues
fell
7%
to
$468
thousand.
Net
loss
from
continued
operations
fell
66%
to
$260
thousand.
Revenues
reflect
a
decrease
in
sales
of
Sealco/T-Coast
Pavers.
Lower
loss
reflects
a
reduction
in
overhead
costs
associated
with
the
Daytona
facility. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | James Hagarman | Pres | Maurice Malacarne | Exec.
VP | Gerald Couture | VP,
CFO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|