| Business Summary | | Prolong
International
Corporation,
through
its
subsidiaries,
is
engaged
in
the
manufacture,
sale
and
worldwide
distribution
of
a
complete
line
of
patented
lubricants
and
appearance
products.
The
Company
markets
products
that
are
based
on
anti-friction
metal
treatment
(AFMT),
which
is
a
patented
formula
that
can
be
blended
with
many
other
lubricants
and
formulations
to
create
a
wide
variety
of
individual
lubricant
products
with
extreme
pressure
friction-fighting
characteristics. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PRL
manufactures,
sells
and
distributes
a
patented
complete
line
of
high-performance
lubricants
and
appearance
products.
For
the
six
months
ended
6/30/01,
revenues
fell
38%
to
$8.1
million.
Net
income
fell
81%
to
$25
thousand.
Revenues
reflect
lower
lubricant
sales
and
decreased
demand
in
Asia
and
South
Africa.
Lower
income
also
reflects
lower
gross
margins
due
to
a
shift
in
product
mix
and
higher
general
and
administrative
expenses
as
a
percentage
of
sales. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Elton Alderman, 62 Chairman,
Pres and CEO | $186K | Nicolas Rosier, 55 CFO | 102K | Thomas Billstein, 48 COO,
VP, Sec., Director | 153K | William Howell, 58 VP,
Gen. Counsel, Director | 76K | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|