| Business Summary | | Trimol
Group,
Inc.
holds
the
worldwide
rights
to
an
aluminum-air
fuel
cell
technology
for
use
in
portable
consumer
electronic
products
and
devices,
which
was
developed
by
Aluminum-Power,
Inc.,
a
Toronto,
Ontario,
Canada
based
fuel
cell
technology
development
company.
The
Company
also
owns
Intercomsoft
Limited,
a
provider
of
proprietary
technology,
equipment
and
consumables
used
to
produce
secure
essential
government
documents,
such
as
drivers
licenses
and
passports.
Pursuant
to
an
Acquisition
Agreement
between
the
Company
and
Aluminum-Power
on
February
16,
2001,
Banca
Commerciala
Pe
Actiuni
Export-Import,
Jolly
Alon
Hotel,
and
Exim-Asint
S.A.
ceased
to
be
owned
by
the
Company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Trimol
Group,
Inc.
holds
the
worldwide
rights
to
a
proprietary
aluminum-air
fuel
cell
technology
for
use
in
portable
consumer
electronics
that
provides
more
power
and
extends
battery
life.
For
the
six
months
ended
6/30/01,
revenues
increased
17%
to
$1.6
million.
Net
loss
from
continuing
opts.
decreased
36%
to
$202
thousand.
Revenues
reflect
an
increase
in
sales
from
Intercomsoft.
Lower
loss
reflects
lower
operating
expenses
as
a
percentage
of
sales. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Boris Birshtein, Ph.D., 52 | Chairman | Alexander Gordin | CEO,
Director | Shmuel Gurfinkel, 53 | CFO | Donald Kirk, Ph.D. | CSO | Rafael Ferry | VP
of Marketing |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|