| Business Summary | | Solitron
Devices,
Inc.
designs,
develops,
manufactures,
and
markets
solid-state
semiconductor
components
and
related
devices
primarily
for
the
military
and
aerospace
markets.
The
Company
manufactures
a
large
variety
of
bipolar
and
metal
oxide
semiconductor
(MOS)
power
transistors,
power
and
control
hybrids,
junction
and
MOS
field
effect
transistors,
thin
film
resistors
and
other
related
products.
Most
of
the
Company's
products
are
custom
made
pursuant
to
contracts
with
customers
whose
end
products
are
sold
to
the
US
government.
Other
products
are
sold
as
standard
or
catalog
items.
The
Company's
Semiconductor
Division
designs,
manufactures
and
assembles
power
transistors,
hybrids,
MOSFETs,
thin
film
resistors
and
other
related
products.
Vector
Trading
and
Holding
Corporation
operates
the
Company's
Microwave
Division
as
a
privately
owned
company,
under
the
name
of
S/V
Microwave
Products,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Solitron
Devices
designs,
develops,
manufactures
and
markets
solid-state
semiconductor
components
and
related
devices
primarily
for
the
military
and
aerospace
markets.
For
the
three
months
ended
5/31/01,
net
sales
fell
19%
to
$1.7
million.
Net
loss
totaled
$162
thousand
vs.
an
income
of
$172
thousand.
Revenues
reflect
a
lower
level
of
backlog
of
orders
required
to
be
shipped.
Loss
also
reflects
lower
margins
due
to
reduced
volumes
and
higher
material
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Shevach Saraf, 58 Chairman,
Pres, CEO and Treasurer | $490K | Dollar amounts are as of 28-Feb-2001 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
|
|